Motisons Jewellers IPO vs Suraj Estate Developers IPO

Comparision between Motisons Jewellers IPO and Suraj Estate Developers IPO.

IPO Details

Motisons Jewellers IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Suraj Estate Developers IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Motisons Jewellers IPO	Suraj Estate Developers 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	Holani Consultants Private Limited	Iti Capital Ltd Anand Rathi Securities Limited
Registrar	Link Intime India Private Ltd	Link Intime India Private 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 Motisons Jewellers IPO is up to ₹151.09 Cr whereas the issue size of the Suraj Estate Developers IPO is up to ₹400.00 Cr. The final issue price of Motisons Jewellers IPO is ₹55.00 per share and of Suraj Estate Developers IPO is ₹360.00 per share.

	Motisons Jewellers IPO	Suraj Estate Developers IPO
Face Value	₹10 per share	₹5 per share
Issue Price (Lower)	₹52.00 per share	₹340.00 per share
Issue Price (Upper)	₹55.00 per share	₹360.00 per share
Issue Price (Final)	₹55.00 per share	₹360.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	250 shares	41 shares
Fresh Issue Size	2,74,71,000 shares	1,11,11,111 shares
Fresh Issue Size (Amount)	up to ₹151.09 Cr	up to ₹400.00 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	2,74,71,000 shares	1,11,11,111 shares
Issue Size Total (Amount)	up to ₹151.09 Cr	up to ₹400.00 Cr

IPO Timetable

Motisons Jewellers IPO opens on Dec 18, 2023, while Suraj Estate Developers IPO opens on Dec 18, 2023. The closing date of Motisons Jewellers IPO and Suraj Estate Developers IPO is Dec 20, 2023, and Dec 20, 2023, respectively.

	Motisons Jewellers IPO	Suraj Estate Developers IPO
Anchor Bid Date	Dec 15, 2023	Dec 15, 2023
Issue Open	Dec 18, 2023	Dec 18, 2023
Issue Close	Dec 20, 2023	Dec 20, 2023
Basis Of Allotment (Tentative)	Dec 21, 2023	Dec 21, 2023
Initiation of Refunds (Tentative)	Dec 22, 2023	Dec 22, 2023
Credit of Share (Tentative)	Dec 22, 2023	Dec 22, 2023
Listing date (Tentative)	Dec 26, 2023	Dec 26, 2023
Anchor Lockin End date 1	Jan 20, 2024	Jan 20, 2024
Anchor Lockin End date 2	Mar 20, 2024	Mar 20, 2024

Financials

Motisons Jewellers IPO P/E ratio is 17.59, as compared to Suraj Estate Developers IPO P/E ratio of 35.64.

Motisons Jewellers IPO

Suraj Estate Developers IPO

Financial

Motisons Jewellers Limited Financial Information (Restated)

Motisons Jewellers Limited's revenue increased by 16.64% and profit after tax (PAT) rose by 50.51% 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	348.13	336.51	306.53	275.42
Revenue	86.76	366.81	314.47	213.06
Profit After Tax	5.48	22.20	14.75	9.67
Net Worth	142.81	137.40	115.45	100.96
Reserves and Surplus
Total Borrowing	166.03	164.54	151.60	141.43
Amount in ₹ Crore

Suraj Estate Developers Limited Financial Information (Restated Consolidated)

Suraj Estate Developers Limited's revenue increased by 12.41% and profit after tax (PAT) rose by 20.98% 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	994.73	942.58	864.00	792.00
Revenue	102.81	307.89	273.91	244.00
Profit After Tax	14.53	32.06	26.50	6.28
Net Worth	86.11	71.39	39.16	29.15
Reserves and Surplus	70.29	55.48	23.32	22.94
Total Borrowing	598.50	593.09	638.16	600.48
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

91.60%

100%

Promoter Shareholding (Post-Issue)

66.00%

74.95%

P/E Ratio

17.59

35.64

Market Cap

₹541.45 Cr.

₹1597.00 Cr.

ROE

17.56%%

58.18%%

ROCE

30.04%%

21.93%%

Debt/Equity

3.32

8.31

EPS

₹3.42

₹10.10

RoNW

16.15%%

58.18%%

Shares Offered

In the Motisons Jewellers IPO retail investors (RII) are offered 96,14,850 shares while in Suraj Estate Developers IPO retail investors are offered 96,14,850 shares. Qualified institutional buyers (QIB) are offered 54,94,200 shares in Motisons Jewellers IPO and 22,22,222 shares in Suraj Estate Developers IPO.

	Motisons Jewellers IPO	Suraj Estate Developers IPO
Anchor Investor Reserveration	66,00,000 shares	33,33,333 shares
Market Maker Reserveration
QIB	54,94,200 shares	22,22,222 shares
NII	41,20,650 shares	16,66,666 shares
RII	96,14,850 shares	38,88,889 shares
Employee	0 shares	0 shares
Others
Total	1,92,29,700 shares	77,77,777 shares

Bids Received (Subscription)

Motisons Jewellers IPO subscribed 173.23x in total, whereas Suraj Estate Developers IPO subscribed 16.57x.

	Motisons Jewellers IPO	Suraj Estate Developers IPO
QIB (times)	135.01x	25.74x
NII (times)	311.99x	20.02x
Big NII (times)	273.86x	18.37x
Small NII (times)	388.25x	23.31x
RII (times)	135.60x	9.85x
Employee (times)
Other (times)
Total (times)	173.23x	16.57x

Compare with others

Motisons Jewellers IPO	Suraj Estate Developers IPO
Azad Engineering IPO	Jyoti CNC Automation IPO
Mufti Menswear IPO	Innova Captab IPO
Inox CVA IPO	Azad Engineering IPO
Suraj Estate Developers IPO	Mufti Menswear IPO
RBZ Jewellers IPO	Inox CVA IPO
Mukka Proteins IPO	RBZ Jewellers IPO
Happy Forgings IPO	Motisons Jewellers IPO
Muthoot Microfin IPO	Mukka Proteins IPO
DOMS IPO	Happy Forgings IPO
Allied Blenders IPO	Muthoot Microfin IPO

Comments

Add a public comment...