FREE Account Opening + No Clearing Fees
Loading...

Manoj Vaibhav Gems 'N' Jewellers IPO vs Saraswati Saree Depot IPO

Comparision between Manoj Vaibhav Gems 'N' Jewellers IPO and Saraswati Saree Depot IPO.

IPO Details

Manoj Vaibhav Gems 'N' Jewellers IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Saraswati Saree Depot IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

  Manoj Vaibhav Gems 'N' Jewellers IPO Saraswati Saree Depot IPO
Logo Manoj Vaibhav Gems 'N' Jewellers IPO Logo Saraswati Saree Depot 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 Bajaj Capital Limited

Elara Capital (India) Private Limited
Unistone Capital Pvt Ltd
Registrar Bigshare Services Pvt Ltd Bigshare Services Pvt Ltd
Market Maker
DRHP DRHP DRHP
RHP RHP RHP
Anchor Investor Anchor Investor
IPO Allotment URL IPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Manoj Vaibhav Gems 'N' Jewellers IPO is up to ₹270.20 Cr whereas the issue size of the Saraswati Saree Depot IPO is up to ₹160.01 Cr. The final issue price of Manoj Vaibhav Gems 'N' Jewellers IPO is ₹215.00 per share and of Saraswati Saree Depot IPO is ₹160.00 per share.

  Manoj Vaibhav Gems 'N' Jewellers IPO Saraswati Saree Depot IPO
Face Value ₹10 per share ₹10 per share
Issue Price (Lower) ₹204.00 per share ₹152.00 per share
Issue Price (Upper) ₹215.00 per share ₹160.00 per share
Issue Price (Final) ₹215.00 per share ₹160.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size 69 shares 90 shares
Fresh Issue Size 97,67,442 shares 64,99,800 shares
Fresh Issue Size (Amount) up to ₹210.00 Cr up to ₹104.00 Cr
OFS Issue Size 28,00,000 shares 35,01,000 shares
OFS Issue Size (Amount) up to ₹60.20 Cr up to ₹56.02 Cr
Issue Size Total 1,25,67,442 shares 1,00,00,800 shares
Issue Size Total (Amount) up to ₹270.20 Cr up to ₹160.01 Cr

IPO Timetable

Manoj Vaibhav Gems 'N' Jewellers IPO opens on Sep 22, 2023, while Saraswati Saree Depot IPO opens on Aug 12, 2024. The closing date of Manoj Vaibhav Gems 'N' Jewellers IPO and Saraswati Saree Depot IPO is Sep 26, 2023, and Aug 14, 2024, respectively.

  Manoj Vaibhav Gems 'N' Jewellers IPO Saraswati Saree Depot IPO
Anchor Bid Date Sep 21, 2023 Aug 09, 2024
Issue Open Sep 22, 2023 Aug 12, 2024
Issue Close Sep 26, 2023 Aug 14, 2024
Basis Of Allotment (Tentative) Sep 27, 2023 Aug 16, 2024
Initiation of Refunds (Tentative) Sep 29, 2023 Aug 19, 2024
Credit of Share (Tentative) Sep 29, 2023 Aug 19, 2024
Listing date (Tentative) Oct 03, 2023 Aug 20, 2024
Anchor Lockin End date 1 Oct 27, 2023 Sep 15, 2024
Anchor Lockin End date 2 Dec 26, 2023 Nov 14, 2024

Financials

Manoj Vaibhav Gems 'N' Jewellers IPO P/E ratio is 11.74, as compared to Saraswati Saree Depot IPO P/E ratio of 17.94.

  Manoj Vaibhav Gems 'N' Jewellers IPO Saraswati Saree Depot IPO
Financial
Manoj Vaibhav Gems 'N' Jewellers IPO Financial Information (Restated)
Period Ended31 Mar 202031 Mar 202131 Mar 202231 Mar 202330 Jun 2023
Assets818.62803.10899.531,077.861,082.82
Revenue1,284.301,443.181,697.702,031.30510.21
Profit After Tax24.3920.7443.6871.6019.24
Net Worth208.08228.99272.86344.55363.65
Reserves and Surplus198.31219.22263.09305.47324.57
Total Borrowing419.32463.43477.73460.00460.39
Amount in ₹ Crore

Saraswati Saree Depot Limited Financial Information (Restated Consolidated)

Saraswati Saree Depot Limited's revenue increased by 2% and profit after tax (PAT) rose by 29% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets205.94188.85169.93
Revenue612.58603.52550.31
Profit After Tax29.5322.9712.31
Net Worth64.9135.3812.41
Total Borrowing43.4941.4366.62
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue) 100.00% 100%
Promoter Shareholding (Post-Issue) 74.27% 74.75%
P/E Ratio 11.74 17.94
Market Cap ₹1050.22 Cr. ₹633.60 Cr.
ROE 23.19%% 58.88%
ROCE 17.71%% 64.46%
Debt/Equity 1.34 0.67
EPS ₹18.32 ₹8.92
RoNW 20.78%% 45.49%

Shares Offered

In the Manoj Vaibhav Gems 'N' Jewellers IPO retail investors (RII) are offered 43,98,605 shares while in Saraswati Saree Depot IPO retail investors are offered 43,98,605 shares. Qualified institutional buyers (QIB) are offered 25,13,488 shares in Manoj Vaibhav Gems 'N' Jewellers IPO and 50,00,400 shares in Saraswati Saree Depot IPO.

  Manoj Vaibhav Gems 'N' Jewellers IPO Saraswati Saree Depot IPO
Anchor Investor Reserveration 37,70,160 shares
Market Maker Reserveration
QIB 25,13,488 shares 50,00,400 shares
NII 18,85,116 shares 15,00,120 shares
RII 43,98,605 shares 35,00,280 shares
Employee 0 shares 0 shares
Others
Total 87,97,209 shares 1,00,00,800 shares

Bids Received (Subscription)

Manoj Vaibhav Gems 'N' Jewellers IPO subscribed 2.33x in total, whereas Saraswati Saree Depot IPO subscribed 107.39x.

  Manoj Vaibhav Gems 'N' Jewellers IPO Saraswati Saree Depot IPO
QIB (times) 1.08x 64.12x
NII (times) 5.40x 358.47x
Big NII (times) 6.35x 389.28x
Small NII (times) 3.49x 296.85x
RII (times) 1.73x 61.59x
Employee (times)
Other (times)
Total (times) 2.33x 107.39x

Comments

Add a public comment...