Innovatus Entertainment Networks IPO vs Khazanchi Jewellers IPO

Comparision between Innovatus Entertainment Networks IPO and Khazanchi Jewellers IPO.

IPO Details

Innovatus Entertainment Networks IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Khazanchi Jewellers IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Innovatus Entertainment Networks IPO	Khazanchi Jewellers IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	BSE SME
Lead Managers	Inventure Merchant Banker Services Pvt Ltd	Mark Corporate Advisors Private Limited
Registrar	Purva Sharegistry India Pvt Ltd	Cameo Corporate Services Limited
Market Maker	Pure Broking Private Limited	Svcm Securities Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Innovatus Entertainment Networks IPO is up to ₹7.74 Cr whereas the issue size of the Khazanchi Jewellers IPO is up to ₹97.00 Cr. The final issue price of Innovatus Entertainment Networks IPO is ₹50.00 per share and of Khazanchi Jewellers IPO is ₹140.00 per share.

	Innovatus Entertainment Networks IPO	Khazanchi Jewellers IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹50.00 per share	₹140.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	1000 shares
Fresh Issue Size	15,48,000 shares	69,10,000 shares
Fresh Issue Size (Amount)	up to ₹7.74 Cr	up to ₹96.74 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	15,48,000 shares	69,10,000 shares
Issue Size Total (Amount)	up to ₹7.74 Cr	up to ₹97.00 Cr

IPO Timetable

Innovatus Entertainment Networks IPO opens on Jul 25, 2023, while Khazanchi Jewellers IPO opens on Jul 24, 2023. The closing date of Innovatus Entertainment Networks IPO and Khazanchi Jewellers IPO is Jul 27, 2023, and Jul 28, 2023, respectively.

	Innovatus Entertainment Networks IPO	Khazanchi Jewellers IPO
Anchor Bid Date
Issue Open	Jul 25, 2023	Jul 24, 2023
Issue Close	Jul 27, 2023	Jul 28, 2023
Basis Of Allotment (Tentative)	Aug 01, 2023	Aug 02, 2023
Initiation of Refunds (Tentative)	Aug 02, 2023	Aug 03, 2023
Credit of Share (Tentative)	Aug 03, 2023	Aug 04, 2023
Listing date (Tentative)	Aug 04, 2023	Aug 07, 2023
Anchor Lockin End date 1	Aug 31, 2023	Sep 01, 2023
Anchor Lockin End date 2	Oct 30, 2023	Oct 31, 2023

Financials

Innovatus Entertainment Networks IPO P/E ratio is 41, as compared to Khazanchi Jewellers IPO P/E ratio of 45.75.

Innovatus Entertainment Networks IPO

Khazanchi Jewellers IPO

Financial

Innovatus Entertainment Networks Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	449.41	1,042.12	29.44	171.61	170.61	0.00
31-Mar-21	597.72	784.07	33.38	205.00	204.00	152.34
31-Mar-22	530.83	787.90	30.19	235.19	34.19	152.34
31-Mar-23	822.63	1,093.93	48.26	483.45	242.45	152.34
Amount in ₹ Lakhs

Khazanchi Jewellers Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	10,379.93	36,165.36	230.71	2,269.33	1,276.21	7,786.00
31-Mar-21	11,319.79	38,242.89	275.58	2,544.91	1,551.79	7,480.12
31-Mar-22	12,436.20	25,799.75	326.62	2,871.53	1,878.41	8,412.38
31-Mar-23	14,506.80	48,181.65	756.49	3,604.99	2,611.87	8,462.47
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.97%

100.00%

Promoter Shareholding (Post-Issue)

60.87%

P/E Ratio

45.75

Market Cap

₹19.79 Cr.

₹346.46 Cr.

ROE

9.98%%

20.98%

ROCE

11.32%%

18.91%

Debt/Equity

0.32

1.45

EPS

₹2.00

₹7.62

RoNW

9.98%%

20.98%%

Shares Offered

In the Innovatus Entertainment Networks IPO retail investors (RII) are offered 7,35,000 shares while in Khazanchi Jewellers IPO retail investors are offered 7,35,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Innovatus Entertainment Networks IPO and 0 shares in Khazanchi Jewellers IPO.

	Innovatus Entertainment Networks IPO	Khazanchi Jewellers IPO
Anchor Investor Reserveration
Market Maker Reserveration	78,000 shares	3,46,000 shares
QIB	0 shares	0 shares
NII	7,35,000 shares	32,82,000 shares
RII	7,35,000 shares	32,82,000 shares
Employee	0 shares	0 shares
Others
Total	14,70,000 shares	65,64,000 shares

Bids Received (Subscription)

Innovatus Entertainment Networks IPO subscribed 105.21x in total, whereas Khazanchi Jewellers IPO subscribed 1.26x.

	Innovatus Entertainment Networks IPO	Khazanchi Jewellers IPO
QIB (times)
NII (times)	56.58x	1.74x
Big NII (times)
Small NII (times)
RII (times)	150.50x	0.78x
Employee (times)
Other (times)
Total (times)	105.21x	1.26x

Compare with others

Innovatus Entertainment Networks IPO	Khazanchi Jewellers IPO
Shelter Pharma IPO	Innovatus Entertainment Networks IPO
Sangani Hospitals IPO	Shri Techtex IPO
Yudiz Solutions IPO	Vinsys IT Services IPO
Zeal Global Services IPO	Yasons Chemex Care IPO
Oriana Power IPO	Committed Cargo Care IPO
Shri Techtex IPO	Srivari Spices and Foods IPO
Vinsys IT Services IPO	Asarfi Hospital IPO
Yasons Chemex Care IPO	Service Care IPO
Committed Cargo Care IPO	Ahasolar Technologies IPO
Khazanchi Jewellers IPO	Drone Destination IPO

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