Manba Finance IPO vs P N Gadgil Jewellers IPO

Comparision between Manba Finance IPO and P N Gadgil Jewellers IPO.

IPO Details

Manba Finance IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while P N Gadgil Jewellers IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Manba Finance IPO	P N Gadgil 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	Hem Securities Limited	Motilal Oswal Investment Advisors Limited Nuvama Wealth Management Limited Bob Capital Markets Limited
Registrar	Link Intime India Private Ltd	Bigshare Services Pvt Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		Anchor Investor
IPO Allotment URL		IPO Allotment URL

Issue Size and Price

The total issue size of Manba Finance IPO is up to ₹150.84 Cr whereas the issue size of the P N Gadgil Jewellers IPO is up to ₹1,100.00 Cr. The final issue price of Manba Finance IPO is and of P N Gadgil Jewellers IPO is ₹480.00 per share.

	Manba Finance IPO	P N Gadgil Jewellers IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹114.00 per share	₹456.00 per share
Issue Price (Upper)	₹120.00 per share	₹480.00 per share
Issue Price (Final)		₹480.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	125 shares	31 shares
Fresh Issue Size	1,25,70,000 shares	1,77,08,334 shares
Fresh Issue Size (Amount)	up to ₹150.84 Cr	up to ₹850.00 Cr
OFS Issue Size		52,08,333 shares
OFS Issue Size (Amount)		up to ₹250.00 Cr
Issue Size Total	1,25,70,000 shares	2,29,16,667 shares
Issue Size Total (Amount)	up to ₹150.84 Cr	up to ₹1,100.00 Cr

IPO Timetable

Manba Finance IPO opens on Sep 23, 2024, while P N Gadgil Jewellers IPO opens on Sep 10, 2024. The closing date of Manba Finance IPO and P N Gadgil Jewellers IPO is Sep 25, 2024, and Sep 12, 2024, respectively.

	Manba Finance IPO	P N Gadgil Jewellers IPO
Anchor Bid Date	Sep 20, 2024	Sep 09, 2024
Issue Open	Sep 23, 2024	Sep 10, 2024
Issue Close	Sep 25, 2024	Sep 12, 2024
Basis Of Allotment (Tentative)	Sep 26, 2024	Sep 13, 2024
Initiation of Refunds (Tentative)	Sep 26, 2024	Sep 16, 2024
Credit of Share (Tentative)	Sep 27, 2024	Sep 16, 2024
Listing date (Tentative)	Sep 30, 2024	Sep 17, 2024
Anchor Lockin End date 1	Oct 26, 2024	Oct 13, 2024
Anchor Lockin End date 2	Dec 25, 2024	Dec 12, 2024

Financials

Manba Finance IPO P/E ratio is 14.39, as compared to P N Gadgil Jewellers IPO P/E ratio of 36.7.

Manba Finance IPO

P N Gadgil Jewellers IPO

Financial

Manba Finance Limited Financial Information (Restated)

Manba Finance Limited's revenue increased by 44% and profit after tax (PAT) rose by 90% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	973.75	787.25	561.46
Revenue	191.63	133.32	106.62
Profit After Tax	31.42	16.58	9.74
Net Worth	200.61	168.43	151.74
Reserves and Surplus	162.46	155.54	138.96
Total Borrowing	752.27	595.93	394.4
Amount in ₹ Crore

P N Gadgil Jewellers Limited Financial Information (Restated Consolidated)

P N Gadgil Jewellers Limited's revenue increased by 34% and profit after tax (PAT) rose by 65% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	1,464.98	1,062.55	1,110.24
Revenue	6,119.1	4,559.31	2,586.31
Profit After Tax	154.34	93.7	69.52
Net Worth	534.38	365.73	282.01
Reserves and Surplus		255.53	191.22
Total Borrowing	396.5	283.21	294.93
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

100%

Promoter Shareholding (Post-Issue)

83.11 %

P/E Ratio

14.39

36.7

Market Cap

₹602.87 Cr.

₹6514.00 Cr.

ROE

21.36%%

28.88%%

ROCE

27.31%%

Debt/Equity

3.75

0.74

EPS

₹8.34

₹13.08

RoNW

15.66%%

28.88%%

Shares Offered

In the Manba Finance IPO retail investors (RII) are offered while in P N Gadgil Jewellers IPO retail investors are offered . Qualified institutional buyers (QIB) are offered in Manba Finance IPO and 48,24,560 shares in P N Gadgil Jewellers IPO.

	Manba Finance IPO	P N Gadgil Jewellers IPO
Anchor Investor Reserveration		68,74,999 shares
Market Maker Reserveration
QIB		48,24,560 shares
NII		36,18,421 shares
RII		84,42,983 shares
Employee		0 shares
Others
Total		1,68,85,964 shares

Bids Received (Subscription)

Manba Finance IPO subscribed in total, whereas P N Gadgil Jewellers IPO subscribed 59.41x.

	Manba Finance IPO	P N Gadgil Jewellers IPO
QIB (times)		136.85x
NII (times)		56.08x
Big NII (times)		59.11x
Small NII (times)		50.03x
RII (times)		16.58x
Employee (times)
Other (times)
Total (times)		59.41x

Compare with others

Manba Finance IPO	P N Gadgil Jewellers IPO
KRN Heat Exchanger IPO	Manba Finance IPO
Northern Arc Capital IPO	KRN Heat Exchanger IPO
Arkade Developers IPO	Northern Arc Capital IPO
Western Carriers (India) IPO	Arkade Developers IPO
P N Gadgil Jewellers IPO	Western Carriers (India) IPO
	Kross IPO
	Tolins Tyres IPO
	Shree Tirupati Balajee IPO
	Gala Precision Engineering IPO
	Baazar Style Retail IPO

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