Manoj Vaibhav Gems 'N' Jewellers IPO vs Plaza Wires IPO

Comparision between Manoj Vaibhav Gems 'N' Jewellers IPO and Plaza Wires IPO.

IPO Details

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

	Manoj Vaibhav Gems 'N' Jewellers IPO	Plaza Wires 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	Pantomath Capital Advisors Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Kfin Technologies Limited
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 Manoj Vaibhav Gems 'N' Jewellers IPO is up to ₹270.20 Cr whereas the issue size of the Plaza Wires IPO is up to ₹71.28 Cr. The final issue price of Manoj Vaibhav Gems 'N' Jewellers IPO is ₹215.00 per share and of Plaza Wires IPO is ₹54.00 per share.

	Manoj Vaibhav Gems 'N' Jewellers IPO	Plaza Wires IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹204.00 per share	₹51.00 per share
Issue Price (Upper)	₹215.00 per share	₹54.00 per share
Issue Price (Final)	₹215.00 per share	₹54.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	69 shares	277 shares
Fresh Issue Size	97,67,442 shares	1,32,00,158 shares
Fresh Issue Size (Amount)	up to ₹210.00 Cr	up to ₹71.28 Cr
OFS Issue Size	28,00,000 shares
OFS Issue Size (Amount)	up to ₹60.20 Cr
Issue Size Total	1,25,67,442 shares	1,32,00,158 shares
Issue Size Total (Amount)	up to ₹270.20 Cr	up to ₹71.28 Cr

IPO Timetable

Manoj Vaibhav Gems 'N' Jewellers IPO opens on Sep 22, 2023, while Plaza Wires IPO opens on Sep 29, 2023. The closing date of Manoj Vaibhav Gems 'N' Jewellers IPO and Plaza Wires IPO is Sep 26, 2023, and Oct 05, 2023, respectively.

	Manoj Vaibhav Gems 'N' Jewellers IPO	Plaza Wires IPO
Anchor Bid Date	Sep 21, 2023	Sep 27, 2023
Issue Open	Sep 22, 2023	Sep 29, 2023
Issue Close	Sep 26, 2023	Oct 05, 2023
Basis Of Allotment (Tentative)	Sep 27, 2023	Oct 09, 2023
Initiation of Refunds (Tentative)	Sep 29, 2023	Oct 11, 2023
Credit of Share (Tentative)	Sep 29, 2023	Oct 12, 2023
Listing date (Tentative)	Oct 03, 2023	Oct 12, 2023
Anchor Lockin End date 1	Oct 27, 2023	Nov 08, 2023
Anchor Lockin End date 2	Dec 26, 2023	Jan 07, 2024

Financials

Manoj Vaibhav Gems 'N' Jewellers IPO P/E ratio is 11.74, as compared to Plaza Wires IPO P/E ratio of 21.95.

Manoj Vaibhav Gems 'N' Jewellers IPO

Plaza Wires IPO

Financial

Manoj Vaibhav Gems 'N' Jewellers IPO Financial Information (Restated)
Period Ended	31 Mar 2020	31 Mar 2021	31 Mar 2022	31 Mar 2023	30 Jun 2023
Assets	818.62	803.10	899.53	1,077.86	1,082.82
Revenue	1,284.30	1,443.18	1,697.70	2,031.30	510.21
Profit After Tax	24.39	20.74	43.68	71.60	19.24
Net Worth	208.08	228.99	272.86	344.55	363.65
Reserves and Surplus	198.31	219.22	263.09	305.47	324.57
Total Borrowing	419.32	463.43	477.73	460.00	460.39

Amount in ₹ Crore

Plaza Wires Limited Financial Information (Restated)

Plaza Wires Limited's revenue increased by 3.2% and profit after tax (PAT) rose by 26.13% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	112.10	104.17	99.28
Revenue	182.60	176.94	145.60
Profit After Tax	7.51	5.95	4.24
Net Worth	53.08	45.52	39.48
Reserves and Surplus	22.53	14.96	35.66
Total Borrowing	39.68	40.09	43.30
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

100.00%

100%

Promoter Shareholding (Post-Issue)

74.27%

69.83%

P/E Ratio

11.74

21.95

Market Cap

₹1050.22 Cr.

₹236.26 Cr.

ROE

23.19%%

14.15%%

ROCE

17.71%%

15.57%%

Debt/Equity

1.34

0.75

EPS

₹18.32

₹2.46

RoNW

20.78%%

14.16%%

Shares Offered

In the Manoj Vaibhav Gems 'N' Jewellers IPO retail investors (RII) are offered 43,98,605 shares while in Plaza Wires 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 61,96,076 shares in Plaza Wires IPO.

	Manoj Vaibhav Gems 'N' Jewellers IPO	Plaza Wires IPO
Anchor Investor Reserveration	37,70,160 shares	37,04,044 shares
Market Maker Reserveration
QIB	25,13,488 shares	61,96,076 shares
NII	18,85,116 shares	19,80,023 shares
RII	43,98,605 shares	13,20,015 shares
Employee	0 shares	0 shares
Others
Total	87,97,209 shares	94,96,114 shares

Bids Received (Subscription)

Manoj Vaibhav Gems 'N' Jewellers IPO subscribed 2.33x in total, whereas Plaza Wires IPO subscribed 160.97x.

	Manoj Vaibhav Gems 'N' Jewellers IPO	Plaza Wires IPO
QIB (times)	1.08x	42.84x
NII (times)	5.40x	388.09x
Big NII (times)	6.35x	360.92x
Small NII (times)	3.49x	442.42x
RII (times)	1.73x	374.81x
Employee (times)
Other (times)
Total (times)	2.33x	160.97x

Compare with others

Manoj Vaibhav Gems 'N' Jewellers IPO	Plaza Wires IPO
IRM Energy IPO	Mamaearth IPO
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Plaza Wires IPO	Protean eGov Technologies IPO
Updater Services IPO	IRM Energy IPO
Valiant Laboratories IPO	Saraswati Saree Depot IPO
JSW Infrastructure IPO	Updater Services IPO
Sai Silks (Kalamandir) IPO	Valiant Laboratories IPO
Yatra Online IPO	Manoj Vaibhav Gems 'N' Jewellers IPO
Zaggle Prepaid Ocean Services IPO	JSW Infrastructure IPO
R R Kabel IPO	Sai Silks (Kalamandir) IPO

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