Comparison between RBZ Jewellers IPO and Suraj Estate Developers IPO.
RBZ Jewellers IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Suraj Estate Developers IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of RBZ Jewellers IPO is up to ₹100.00 Cr whereas the issue size of the Suraj Estate Developers IPO is up to ₹400.00 Cr. The final issue price of RBZ Jewellers IPO is ₹100.00 per share and of Suraj Estate Developers IPO is ₹360.00 per share.
| RBZ Jewellers IPO | Suraj Estate Developers IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹5 per share |
| Issue Price (Lower) | ₹95.00 per share | ₹340.00 per share |
| Issue Price (Upper) | ₹100.00 per share | ₹360.00 per share |
| Issue Price (Final) | ₹100.00 per share | ₹360.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 150 shares | 41 shares |
| Fresh Issue Size | 1,00,00,000 shares | 1,11,11,111 shares |
| Fresh Issue Size (Amount) | up to ₹100.00 Cr | up to ₹400.00 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 1,00,00,000 shares | 1,11,11,111 shares |
| Issue Size Total (Amount) | up to ₹100.00 Cr | up to ₹400.00 Cr |
RBZ Jewellers IPO opens on Dec 19, 2023, while Suraj Estate Developers IPO opens on Dec 18, 2023. The closing date of RBZ Jewellers IPO and Suraj Estate Developers IPO is Dec 21, 2023, and Dec 20, 2023, respectively.
| RBZ Jewellers IPO | Suraj Estate Developers IPO | |
|---|---|---|
| Anchor Bid Date | Dec 18, 2023 | Dec 15, 2023 |
| Issue Open | Dec 19, 2023 | Dec 18, 2023 |
| Issue Close | Dec 21, 2023 | Dec 20, 2023 |
| Basis Of Allotment (Tentative) | Dec 22, 2023 | Dec 21, 2023 |
| Initiation of Refunds (Tentative) | Dec 26, 2023 | Dec 22, 2023 |
| Credit of Share (Tentative) | Dec 26, 2023 | Dec 22, 2023 |
| Listing date (Tentative) | Dec 27, 2023 | Dec 26, 2023 |
| Anchor Lockin End date 1 | Jan 21, 2024 | Jan 20, 2024 |
| Anchor Lockin End date 2 | Mar 21, 2024 | Mar 20, 2024 |
RBZ Jewellers IPO P/E ratio is 13.77, as compared to Suraj Estate Developers IPO P/E ratio of 35.64.
| RBZ Jewellers IPO | Suraj Estate Developers IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 75 | 74.95 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 13.77 | 35.64 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹400.00 Cr. | ₹1597.00 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 27.49% | 58.18% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 27.49% | 21.93% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.02 | 8.31 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.44 | ₹10.10 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 20.08% | 58.18% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the RBZ Jewellers IPO Retail Individual Investors (RII) are offered 35,00,000 shares while in Suraj Estate Developers IPO retail investors are offered 35,00,000 shares. Qualified Institutional Buyers (QIB) are offered 14,00,000 shares in RBZ Jewellers IPO and 22,22,222 shares in Suraj Estate Developers IPO.
| RBZ Jewellers IPO | Suraj Estate Developers IPO | |
|---|---|---|
| Anchor Investor Reservation | 21,00,000 shares | 33,33,333 shares |
| Market Maker Reservation | ||
| QIB | 14,00,000 shares | 22,22,222 shares |
| NII | 30,00,000 shares | 16,66,667 shares |
| RII | 35,00,000 shares | 38,88,889 shares |
| Employee | ||
| Others | ||
| Total | 1,00,00,000 shares | 1,11,11,111 shares |
RBZ Jewellers IPO subscribed 16.86x in total, whereas Suraj Estate Developers IPO subscribed 16.57x.
| RBZ Jewellers IPO | Suraj Estate Developers IPO | |
|---|---|---|
| QIB (times) | 13.43x | 25.74x |
| NII (times) | 9.27x | 20.02x |
| Big NII (times) | 6.79x | 18.37x |
| Small NII (times) | 14.21x | 23.31x |
| RII (times) | 24.74x | 9.85x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 16.86x | 16.57x |
