Motisons Jewellers IPO vs Mufti Menswear IPO

Comparision between Motisons Jewellers IPO and Mufti Menswear IPO.

IPO Details

Motisons Jewellers IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Mufti Menswear IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Motisons Jewellers IPO	Mufti Menswear 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	Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) ICICI Securities Limited Keynote Financial Services Ltd
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 Mufti Menswear IPO is up to ₹549.78 Cr. The final issue price of Motisons Jewellers IPO is ₹55.00 per share and of Mufti Menswear IPO is ₹280.00 per share.

	Motisons Jewellers IPO	Mufti Menswear IPO
Face Value	₹10 per share	₹2 per share
Issue Price (Lower)	₹52.00 per share	₹266.00 per share
Issue Price (Upper)	₹55.00 per share	₹280.00 per share
Issue Price (Final)	₹55.00 per share	₹280.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	250 shares	53 shares
Fresh Issue Size	2,74,71,000 shares
Fresh Issue Size (Amount)	up to ₹151.09 Cr
OFS Issue Size		1,96,34,960 shares
OFS Issue Size (Amount)		up to ₹549.78 Cr
Issue Size Total	2,74,71,000 shares	1,96,34,960 shares
Issue Size Total (Amount)	up to ₹151.09 Cr	up to ₹549.78 Cr

IPO Timetable

Motisons Jewellers IPO opens on Dec 18, 2023, while Mufti Menswear IPO opens on Dec 19, 2023. The closing date of Motisons Jewellers IPO and Mufti Menswear IPO is Dec 20, 2023, and Dec 21, 2023, respectively.

	Motisons Jewellers IPO	Mufti Menswear IPO
Anchor Bid Date	Dec 15, 2023	Dec 18, 2023
Issue Open	Dec 18, 2023	Dec 19, 2023
Issue Close	Dec 20, 2023	Dec 21, 2023
Basis Of Allotment (Tentative)	Dec 21, 2023	Dec 22, 2023
Initiation of Refunds (Tentative)	Dec 22, 2023	Dec 26, 2023
Credit of Share (Tentative)	Dec 22, 2023	Dec 26, 2023
Listing date (Tentative)	Dec 26, 2023	Dec 27, 2023
Anchor Lockin End date 1	Jan 20, 2024	Jan 21, 2024
Anchor Lockin End date 2	Mar 20, 2024	Mar 21, 2024

Financials

Motisons Jewellers IPO P/E ratio is 17.59, as compared to Mufti Menswear IPO P/E ratio of 23.22.

Motisons Jewellers IPO

Mufti Menswear 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

Credo Brands Marketing Limited Financial Information (Restated Consolidated)

Credo Brands Marketing Limited's revenue increased by 43.54% and profit after tax (PAT) rose by 116.88% 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	592.38	574.48	476.05	416.99
Revenue	119.43	509.32	354.84	261.15
Profit After Tax	8.58	77.51	35.74	3.44
Net Worth	289.88	281.35	235.73	192.33
Reserves and Surplus
Total Borrowing	11.30	10.08	13.46	15.23
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

91.60%

66.66%

Promoter Shareholding (Post-Issue)

66.00%

53.66%

P/E Ratio

17.59

23.22

Market Cap

₹541.45 Cr.

₹1800.45 Cr.

ROE

17.56%%

29.98%%

ROCE

30.04%%

28.16%%

Debt/Equity

3.32

0.65

EPS

₹3.42

₹0.54

RoNW

16.15%%

29.98%%

Shares Offered

In the Motisons Jewellers IPO retail investors (RII) are offered 96,14,850 shares while in Mufti Menswear IPO retail investors are offered 96,14,850 shares. Qualified institutional buyers (QIB) are offered 54,94,200 shares in Motisons Jewellers IPO and 39,26,992 shares in Mufti Menswear IPO.

	Motisons Jewellers IPO	Mufti Menswear IPO
Anchor Investor Reserveration	66,00,000 shares	58,90,488 shares
Market Maker Reserveration
QIB	54,94,200 shares	39,26,992 shares
NII	41,20,650 shares	29,45,244 shares
RII	96,14,850 shares	68,72,236 shares
Employee	0 shares	0 shares
Others
Total	1,92,29,700 shares	1,37,44,472 shares

Bids Received (Subscription)

Motisons Jewellers IPO subscribed 173.23x in total, whereas Mufti Menswear IPO subscribed 51.85x.

	Motisons Jewellers IPO	Mufti Menswear IPO
QIB (times)	135.01x	104.95x
NII (times)	311.99x	55.52x
Big NII (times)	273.86x	55.73x
Small NII (times)	388.25x	55.10x
RII (times)	135.60x	19.94x
Employee (times)
Other (times)
Total (times)	173.23x	51.85x

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

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