Eighty Jewellers IPO vs Le Merite Exports IPO

Comparision between Eighty Jewellers IPO and Le Merite Exports IPO.

IPO Details

Eighty Jewellers IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Le Merite Exports IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Eighty Jewellers IPO	Le Merite Exports IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	NSE SME
Lead Managers	Hem Securities Limited	Fedex Securities�Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker
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 Eighty Jewellers IPO is up to ₹11.07 Cr whereas the issue size of the Le Merite Exports IPO is up to ₹48.00 Cr. The final issue price of Eighty Jewellers IPO is ₹41.00 per share and of Le Merite Exports IPO is ₹75.00 per share.

	Eighty Jewellers IPO	Le Merite Exports IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹41.00 per share	₹75.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	1600 shares
Fresh Issue Size	27,00,000 shares
Fresh Issue Size (Amount)	up to ₹11.07 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	27,00,000 shares	64,00,000 shares
Issue Size Total (Amount)	up to ₹11.07 Cr	up to ₹48.00 Cr

IPO Timetable

Eighty Jewellers IPO opens on Mar 31, 2022, while Le Merite Exports IPO opens on Apr 25, 2022. The closing date of Eighty Jewellers IPO and Le Merite Exports IPO is Apr 05, 2022, and Apr 28, 2022, respectively.

	Eighty Jewellers IPO	Le Merite Exports IPO
Anchor Bid Date
Issue Open	Mar 31, 2022	Apr 25, 2022
Issue Close	Apr 05, 2022	Apr 28, 2022
Basis Of Allotment (Tentative)	Apr 08, 2022
Initiation of Refunds (Tentative)	Apr 11, 2022
Credit of Share (Tentative)	Apr 12, 2022
Listing date (Tentative)	Apr 13, 2022
Anchor Lockin End date 1	May 08, 2022
Anchor Lockin End date 2	Jul 07, 2022

Financials

Eighty Jewellers IPO P/E ratio is 25.15, as compared to Le Merite Exports IPO P/E ratio of 11.09.

Eighty Jewellers IPO

Le Merite Exports IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (Rs in Lakhs)
	30-Sep-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	3,398.90	3,197.30	3,174.94	2,745.60
Total Revenue	4,436.05	7,868.89	6,490.63	8,192.05
Profit After Tax	83.06	376.94	155.25	100.19

Summary of financial Information
Particulars	For the year/period ended (Rs in Lakhs)
	31-Dec-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	17,706.95	9,202.17	5,626.08	5,660.48
Total Revenue	37,087.03	26,913.44	21,728.00	18,093.32
Profit After Tax	1,586.91	705.65	314.62	112.83

Promoter Shareholding (Pre-Issue)

100%

99.99%

Promoter Shareholding (Post-Issue)

P/E Ratio

25.15

11.09

Market Cap

₹41.82 Cr.

₹176.11 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Eighty Jewellers IPO retail investors (RII) are offered 12,81,000 shares while in Le Merite Exports IPO retail investors are offered 12,81,000 shares. Qualified institutional buyers (QIB) are offered in Eighty Jewellers IPO and in Le Merite Exports IPO.

	Eighty Jewellers IPO	Le Merite Exports IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,38,000 shares	3,36,000 shares
QIB
NII	12,81,000 shares	30,32,000 shares
RII	12,81,000 shares	30,32,000 shares
Employee
Others
Total	25,62,000 shares	60,64,000 shares

Bids Received (Subscription)

Eighty Jewellers IPO subscribed 2.45x in total, whereas Le Merite Exports IPO subscribed 15.69x.

	Eighty Jewellers IPO	Le Merite Exports IPO
QIB (times)
NII (times)	2.88x	15.27x
Big NII (times)
Small NII (times)
RII (times)	2.03x	16.10x
Employee (times)
Other (times)
Total (times)	2.45x	15.69x

Compare with others

Eighty Jewellers IPO	Le Merite Exports IPO
Nanavati Ventures IPO	Globesecure Technologies IPO
Fone4 Communications IPO	Rachana Infrastructure IPO
Le Merite Exports IPO	Sonu Infratech IPO
Shashwat Furnishing Solutions IPO	Nanavati Ventures IPO
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Sunrise Efficient Marketing IPO	Shashwat Furnishing Solutions IPO
Dhyaani Tile IPO	Global Longlife Hospital IPO
Jeena Sikho IPO	Eighty Jewellers IPO
Empyrean Cashews IPO	Sunrise Efficient Marketing IPO
krishna defence ipo	Dhyaani Tile IPO

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