Flair Writing IPO vs Motisons Jewellers IPO

Comparision between Flair Writing IPO and Motisons Jewellers IPO.

IPO Details

Flair Writing IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Motisons Jewellers IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Flair Writing IPO	Motisons Jewellers IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Nuvama Wealth Management Limited Axis Capital Limited	Holani Consultants Private Limited
Registrar	Link Intime India Private Ltd	Link Intime India Private Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Flair Writing IPO is up to ₹593.00 Cr whereas the issue size of the Motisons Jewellers IPO is up to ₹151.09 Cr. The final issue price of Flair Writing IPO is ₹304.00 per share and of Motisons Jewellers IPO is ₹55.00 per share.

	Flair Writing IPO	Motisons Jewellers IPO
Face Value	₹5 per share	₹10 per share
Issue Price (Lower)	₹288.00 per share	₹52.00 per share
Issue Price (Upper)	₹304.00 per share	₹55.00 per share
Issue Price (Final)	₹304.00 per share	₹55.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	49 shares	250 shares
Fresh Issue Size	96,05,263 shares	2,74,71,000 shares
Fresh Issue Size (Amount)	up to ₹292.00 Cr	up to ₹151.09 Cr
OFS Issue Size	99,01,315 shares
OFS Issue Size (Amount)	up to ₹301.00 Cr
Issue Size Total	1,95,06,578 shares	2,74,71,000 shares
Issue Size Total (Amount)	up to ₹593.00 Cr	up to ₹151.09 Cr

IPO Timetable

Flair Writing IPO opens on Nov 22, 2023, while Motisons Jewellers IPO opens on Dec 18, 2023. The closing date of Flair Writing IPO and Motisons Jewellers IPO is Nov 24, 2023, and Dec 20, 2023, respectively.

	Flair Writing IPO	Motisons Jewellers IPO
Anchor Bid Date	Nov 21, 2023	Dec 15, 2023
Issue Open	Nov 22, 2023	Dec 18, 2023
Issue Close	Nov 24, 2023	Dec 20, 2023
Basis Of Allotment (Tentative)	Nov 29, 2023	Dec 21, 2023
Initiation of Refunds (Tentative)	Nov 30, 2023	Dec 22, 2023
Credit of Share (Tentative)	Nov 30, 2023	Dec 22, 2023
Listing date (Tentative)	Dec 01, 2023	Dec 26, 2023
Anchor Lockin End date 1	Dec 29, 2023	Jan 20, 2024
Anchor Lockin End date 2	Feb 27, 2024	Mar 20, 2024

Financials

Flair Writing IPO P/E ratio is 23.36, as compared to Motisons Jewellers IPO P/E ratio of 17.59.

Flair Writing IPO

Motisons Jewellers IPO

Financial

Flair Writing Industries Limited Financial Information (Restated Consolidated)

Flair Writing Industries Limited's revenue increased by 62.39% and profit after tax (PAT) rose by 114.14% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	765.04	684.18	557.49	480.66
Revenue	248.50	954.29	587.64	310.87
Profit After Tax	32.14	118.10	55.15	0.99
Net Worth	470.16	437.99	319.86	264.65
Reserves and Surplus	423.46	391.29	296.50	241.31
Total Borrowing	126.67	115.59	126.33	130.31
Amount in ₹ Crore

Motisons Jewellers Limited Financial Information (Restated)

Motisons Jewellers Limited's revenue increased by 16.64% and profit after tax (PAT) rose by 50.51% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	348.13	336.51	306.53	275.42
Revenue	86.76	366.81	314.47	213.06
Profit After Tax	5.48	22.20	14.75	9.67
Net Worth	142.81	137.40	115.45	100.96
Reserves and Surplus
Total Borrowing	166.03	164.54	151.60	141.43
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

97.49%

91.60%

Promoter Shareholding (Post-Issue)

79.21%

66.00%

P/E Ratio

23.36

17.59

Market Cap

₹3204.00 Cr.

₹541.45 Cr.

ROE

31.17%%

17.56%%

ROCE

31.24%%

30.04%%

Debt/Equity

0.26

3.32

EPS

₹12.33

₹3.42

RoNW

31.17%%

16.15%%

Shares Offered

In the Flair Writing IPO retail investors (RII) are offered 68,27,302 shares while in Motisons Jewellers IPO retail investors are offered 68,27,302 shares. Qualified institutional buyers (QIB) are offered 39,01,316 shares in Flair Writing IPO and 54,94,200 shares in Motisons Jewellers IPO.

	Flair Writing IPO	Motisons Jewellers IPO
Anchor Investor Reserveration	58,51,972 shares	66,00,000 shares
Market Maker Reserveration
QIB	39,01,316 shares	54,94,200 shares
NII	29,25,987 shares	41,20,650 shares
RII	68,27,302 shares	96,14,850 shares
Employee	0 shares	0 shares
Others
Total	1,36,54,605 shares	1,92,29,700 shares

Bids Received (Subscription)

Flair Writing IPO subscribed 49.28x in total, whereas Motisons Jewellers IPO subscribed 173.23x.

	Flair Writing IPO	Motisons Jewellers IPO
QIB (times)	122.02x	135.01x
NII (times)	35.23x	311.99x
Big NII (times)	36.53x	273.86x
Small NII (times)	32.61x	388.25x
RII (times)	13.73x	135.60x
Employee (times)
Other (times)
Total (times)	49.28x	173.23x

Compare with others

Flair Writing IPO	Motisons Jewellers IPO
Motisons Jewellers IPO	Azad Engineering IPO
Mukka Proteins IPO	Mufti Menswear IPO
Happy Forgings IPO	Inox CVA IPO
Muthoot Microfin IPO	Suraj Estate Developers IPO
DOMS IPO	RBZ Jewellers IPO
IREDA IPO	Mukka Proteins IPO
Fedbank Financial Services IPO	Happy Forgings IPO
Gandhar Oil Refinery India IPO	Muthoot Microfin IPO
ASK Automotive IPO	DOMS IPO
ESAF Small Finance Bank IPO	Flair Writing IPO

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