Innova Captab IPO vs RBZ Jewellers IPO

Comparision between Innova Captab IPO and RBZ Jewellers IPO.

IPO Details

Innova Captab IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while RBZ Jewellers IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Innova Captab IPO	RBZ 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	ICICI Securities Limited Jm Financial Limited	Arihant Capital Markets Ltd
Registrar	Kfin Technologies Limited	Bigshare Services Pvt 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 Innova Captab IPO is up to ₹570.00 Cr whereas the issue size of the RBZ Jewellers IPO is up to ₹100.00 Cr. The final issue price of Innova Captab IPO is ₹448.00 per share and of RBZ Jewellers IPO is ₹100.00 per share.

	Innova Captab IPO	RBZ Jewellers IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹426.00 per share	₹95.00 per share
Issue Price (Upper)	₹448.00 per share	₹100.00 per share
Issue Price (Final)	₹448.00 per share	₹100.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	33 shares	150 shares
Fresh Issue Size	71,42,857 shares	1,00,00,000 shares
Fresh Issue Size (Amount)	up to ₹320.00 Cr	up to ₹100.00 Cr
OFS Issue Size	55,80,357 shares
OFS Issue Size (Amount)	up to ₹250.00 Cr
Issue Size Total	1,27,23,214 shares	1,00,00,000 shares
Issue Size Total (Amount)	up to ₹570.00 Cr	up to ₹100.00 Cr

IPO Timetable

Innova Captab IPO opens on Dec 21, 2023, while RBZ Jewellers IPO opens on Dec 19, 2023. The closing date of Innova Captab IPO and RBZ Jewellers IPO is Dec 26, 2023, and Dec 21, 2023, respectively.

	Innova Captab IPO	RBZ Jewellers IPO
Anchor Bid Date	Dec 20, 2023	Dec 18, 2023
Issue Open	Dec 21, 2023	Dec 19, 2023
Issue Close	Dec 26, 2023	Dec 21, 2023
Basis Of Allotment (Tentative)	Dec 27, 2023	Dec 22, 2023
Initiation of Refunds (Tentative)	Dec 28, 2023	Dec 26, 2023
Credit of Share (Tentative)	Dec 28, 2023	Dec 26, 2023
Listing date (Tentative)	Dec 29, 2023	Dec 27, 2023
Anchor Lockin End date 1	Jan 26, 2024	Jan 21, 2024
Anchor Lockin End date 2	Mar 26, 2024	Mar 21, 2024

Financials

Innova Captab IPO P/E ratio is 31.64, as compared to RBZ Jewellers IPO P/E ratio of 13.77.

Innova Captab IPO

RBZ Jewellers IPO

Financial

Innova Captab Limited Financial Information (Restated Consolidated)

Innova Captab Limited's revenue increased by 16.45% and profit after tax (PAT) rose by 6.26% 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	1,086.16	704.41	575.48	369.62
Revenue	234.37	935.58	803.41	412.03
Profit After Tax	17.59	67.95	63.95	34.50
Net Worth	294.27	276.46	208.56	144.78
Reserves and Surplus	317.51	228.51	196.61	132.82
Total Borrowing	441.90	235.19	198.18	45.03
Amount in ₹ Crore

RBZ Jewellers Limited Financial Information (Restated)

RBZ Jewellers Limited's revenue increased by 14.69% and profit after tax (PAT) rose by 55.03% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	234.76	206.84	154.03	123.74
Revenue	125.52	289.63	252.53	107.71
Profit After Tax	12.09	22.33	14.41	9.75
Net Worth	104.57	92.47	70.03	55.55
Reserves and Surplus	74.02	61.93	65.60	51.19
Total Borrowing	101.84	95.79	59.71	54.90
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

66.85%

100%

Promoter Shareholding (Post-Issue)

75%

P/E Ratio

31.64

13.77

Market Cap

₹2563.70 Cr.

₹400.00 Cr.

ROE

24.58%%

27.49%%

ROCE

22.61%%

27.49%%

Debt/Equity

0.85

1.02

EPS

₹14.16

₹7.44

RoNW

24.58%%

20.08%%

Shares Offered

In the Innova Captab IPO retail investors (RII) are offered 44,53,125 shares while in RBZ Jewellers IPO retail investors are offered 44,53,125 shares. Qualified institutional buyers (QIB) are offered 25,44,643 shares in Innova Captab IPO and 14,00,000 shares in RBZ Jewellers IPO.

	Innova Captab IPO	RBZ Jewellers IPO
Anchor Investor Reserveration	38,16,963 shares	21,00,000 shares
Market Maker Reserveration
QIB	25,44,643 shares	14,00,000 shares
NII	19,08,482 shares	30,00,000 shares
RII	44,53,125 shares	35,00,000 shares
Employee	0 shares	0 shares
Others
Total	89,06,250 shares	79,00,000 shares

Bids Received (Subscription)

Innova Captab IPO subscribed 55.26x in total, whereas RBZ Jewellers IPO subscribed 16.86x.

	Innova Captab IPO	RBZ Jewellers IPO
QIB (times)	116.73x	13.43x
NII (times)	64.95x	9.27x
Big NII (times)	71.59x	6.79x
Small NII (times)	51.65x	14.21x
RII (times)	17.15x	24.74x
Employee (times)
Other (times)
Total (times)	55.26x	16.86x

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Azad Engineering IPO	Motisons Jewellers IPO
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Suraj Estate Developers IPO	Muthoot Microfin IPO
RBZ Jewellers IPO	DOMS IPO

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