Comparison between Manoj Vaibhav Gems 'N' Jewellers IPO and Zaggle Prepaid Ocean IPO.
Manoj Vaibhav Gems 'N' Jewellers IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Zaggle Prepaid Ocean IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Manoj Vaibhav Gems 'N' Jewellers IPO is up to ₹270.20 Cr whereas the issue size of the Zaggle Prepaid Ocean IPO is up to ₹563.38 Cr. The final issue price of Manoj Vaibhav Gems 'N' Jewellers IPO is ₹215.00 per share and of Zaggle Prepaid Ocean IPO is ₹164.00 per share.
| Manoj Vaibhav Gems 'N' Jewellers IPO | Zaggle Prepaid Ocean IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹1 per share |
| Issue Price (Lower) | ₹204.00 per share | ₹156.00 per share |
| Issue Price (Upper) | ₹215.00 per share | ₹164.00 per share |
| Issue Price (Final) | ₹215.00 per share | ₹164.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 69 shares | 90 shares |
| Fresh Issue Size | 97,67,441 shares | 2,39,02,439 shares |
| Fresh Issue Size (Amount) | up to ₹210.00 Cr | up to ₹392.00 Cr |
| OFS Issue Size | 28,00,000 shares | 1,04,49,816 shares |
| OFS Issue Size (Amount) | up to ₹60.20 Cr | up to ₹171.38 Cr |
| Issue Size Total | 1,25,67,441 shares | 3,43,52,255 shares |
| Issue Size Total (Amount) | up to ₹270.20 Cr | up to ₹563.38 Cr |
Manoj Vaibhav Gems 'N' Jewellers IPO opens on Sep 22, 2023, while Zaggle Prepaid Ocean IPO opens on Sep 14, 2023. The closing date of Manoj Vaibhav Gems 'N' Jewellers IPO and Zaggle Prepaid Ocean IPO is Sep 26, 2023, and Sep 18, 2023, respectively.
| Manoj Vaibhav Gems 'N' Jewellers IPO | Zaggle Prepaid Ocean IPO | |
|---|---|---|
| Anchor Bid Date | Sep 21, 2023 | Sep 13, 2023 |
| Issue Open | Sep 22, 2023 | Sep 14, 2023 |
| Issue Close | Sep 26, 2023 | Sep 18, 2023 |
| Basis Of Allotment (Tentative) | Sep 27, 2023 | Sep 22, 2023 |
| Initiation of Refunds (Tentative) | Sep 29, 2023 | Sep 25, 2023 |
| Credit of Share (Tentative) | Sep 29, 2023 | Sep 26, 2023 |
| Listing date (Tentative) | Oct 03, 2023 | Sep 22, 2023 |
| Anchor Lockin End date 1 | Oct 27, 2023 | Oct 22, 2023 |
| Anchor Lockin End date 2 | Dec 26, 2023 | Dec 21, 2023 |
Manoj Vaibhav Gems 'N' Jewellers IPO P/E ratio is 11.74, as compared to Zaggle Prepaid Ocean IPO P/E ratio of 66.67.
| Manoj Vaibhav Gems 'N' Jewellers IPO | Zaggle Prepaid Ocean IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 57.91 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 74.27 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 11.74 | 66.67 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1050.22 Cr. | ₹2002.00 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 23.19% | 46.98% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 17.71% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.34 | 2.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹18.32 | ₹2.46 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 20.78% | 46.98% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Manoj Vaibhav Gems 'N' Jewellers IPO Retail Individual Investors (RII) are offered 43,98,605 shares while in Zaggle Prepaid Ocean IPO retail investors are offered 43,98,605 shares. Qualified Institutional Buyers (QIB) are offered 25,13,559 shares in Manoj Vaibhav Gems 'N' Jewellers IPO and 1,03,05,677 shares in Zaggle Prepaid Ocean IPO.
| Manoj Vaibhav Gems 'N' Jewellers IPO | Zaggle Prepaid Ocean IPO | |
|---|---|---|
| Anchor Investor Reservation | 37,70,160 shares | 1,54,58,515 shares |
| Market Maker Reservation | ||
| QIB | 25,13,559 shares | 1,03,05,677 shares |
| NII | 18,85,117 shares | 51,52,838 shares |
| RII | 43,98,605 shares | 34,35,225 shares |
| Employee | ||
| Others | ||
| Total | 1,25,67,441 shares | 3,43,52,255 shares |
Manoj Vaibhav Gems 'N' Jewellers IPO subscribed 2.33x in total, whereas Zaggle Prepaid Ocean IPO subscribed 12.86x.
| Manoj Vaibhav Gems 'N' Jewellers IPO | Zaggle Prepaid Ocean IPO | |
|---|---|---|
| QIB (times) | 1.08x | 16.94x |
| NII (times) | 5.40x | 9.16x |
| Big NII (times) | 6.35x | 10.36x |
| Small NII (times) | 3.49x | 6.76x |
| RII (times) | 1.73x | 6.15x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.33x | 12.86x |