Comparison between Renaissance Jewellery IPO and Varun Industries IPO.
Renaissance Jewellery IPO is a Mainboard Fixed Price IPO proposed to list at BSE, NSE while Varun Industries IPO is a Mainboard Fixed Price proposed to list at BSE, NSE.
The total issue size of Renaissance Jewellery IPO is up to ₹79.86 Cr whereas the issue size of the Varun Industries IPO is up to ₹39.43 Cr. The final issue price of Renaissance Jewellery IPO is ₹150.00 per share and of Varun Industries IPO is ₹60.00 per share.
| Renaissance Jewellery IPO | Varun Industries IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹125.00 per share | |
| Issue Price (Upper) | ₹150.00 per share | |
| Issue Price (Final) | ₹150.00 per share | ₹60.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 45 shares | 100 shares |
| Fresh Issue Size | 53,24,240 shares | 65,71,145 shares |
| Fresh Issue Size (Amount) | up to ₹79.86 Cr | up to ₹39.43 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 | 53,24,240 shares | 65,71,145 shares |
| Issue Size Total (Amount) | up to ₹79.86 Cr | up to ₹39.43 Cr |
Renaissance Jewellery IPO opens on Nov 19, 2007, while Varun Industries IPO opens on Oct 25, 2007. The closing date of Renaissance Jewellery IPO and Varun Industries IPO is Nov 21, 2007, and Oct 31, 2007, respectively.
| Renaissance Jewellery IPO | Varun Industries IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Nov 19, 2007 | Oct 25, 2007 |
| Issue Close | Nov 21, 2007 | Oct 31, 2007 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Dec 12, 2007 | Nov 22, 2007 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Renaissance Jewellery IPO P/E ratio is , as compared to Varun Industries IPO P/E ratio of .
| Renaissance Jewellery IPO | Varun Industries IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 83.25 | ||||
| Promoter Shareholding (Post-Issue) | 62.01 | 60.36 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹275.39 Cr. | ₹132.68 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 25.5 | 19.24 |
In the Renaissance Jewellery IPO Retail Individual Investors (RII) are offered 18,63,484 shares while in Varun Industries IPO retail investors are offered 18,63,484 shares. Qualified Institutional Buyers (QIB) are offered 26,62,120 shares in Renaissance Jewellery IPO and in Varun Industries IPO.
| Renaissance Jewellery IPO | Varun Industries IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 26,62,120 shares | |
| NII | 7,98,636 shares | 32,85,000 shares |
| RII | 18,63,484 shares | 32,85,000 shares |
| Employee | ||
| Others | ||
| Total | 53,24,240 shares | 65,70,000 shares |
Renaissance Jewellery IPO subscribed 23.63x in total, whereas Varun Industries IPO subscribed 36.47x.
| Renaissance Jewellery IPO | Varun Industries IPO | |
|---|---|---|
| QIB (times) | 23.13x | |
| NII (times) | 55.93x | 31.84x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 10.51x | 41.10x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 23.63x | 36.47x |
