Mukka Proteins IPO vs RBZ Jewellers IPO

Comparision between Mukka Proteins IPO and RBZ Jewellers IPO.

IPO Details

Mukka Proteins IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while RBZ Jewellers IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Mukka Proteins IPO	RBZ 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	Fedex Securities�Pvt Ltd	Arihant Capital Markets Ltd
Registrar	Cameo Corporate Services Limited	Bigshare Services Pvt 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 Mukka Proteins IPO is up to ₹224.00 Cr whereas the issue size of the RBZ Jewellers IPO is up to ₹100.00 Cr. The final issue price of Mukka Proteins IPO is ₹28.00 per share and of RBZ Jewellers IPO is ₹100.00 per share.

	Mukka Proteins IPO	RBZ Jewellers IPO
Face Value	₹1 per share	₹10 per share
Issue Price (Lower)	₹26.00 per share	₹95.00 per share
Issue Price (Upper)	₹28.00 per share	₹100.00 per share
Issue Price (Final)	₹28.00 per share	₹100.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	535 shares	150 shares
Fresh Issue Size	8,00,00,000 shares	1,00,00,000 shares
Fresh Issue Size (Amount)	up to ₹224.00 Cr	up to ₹100.00 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	8,00,00,000 shares	1,00,00,000 shares
Issue Size Total (Amount)	up to ₹224.00 Cr	up to ₹100.00 Cr

IPO Timetable

Mukka Proteins IPO opens on Feb 29, 2024, while RBZ Jewellers IPO opens on Dec 19, 2023. The closing date of Mukka Proteins IPO and RBZ Jewellers IPO is Mar 04, 2024, and Dec 21, 2023, respectively.

	Mukka Proteins IPO	RBZ Jewellers IPO
Anchor Bid Date	Feb 28, 2024	Dec 18, 2023
Issue Open	Feb 29, 2024	Dec 19, 2023
Issue Close	Mar 04, 2024	Dec 21, 2023
Basis Of Allotment (Tentative)	Mar 05, 2024	Dec 22, 2023
Initiation of Refunds (Tentative)	Mar 06, 2024	Dec 26, 2023
Credit of Share (Tentative)	Mar 06, 2024	Dec 26, 2023
Listing date (Tentative)	Mar 07, 2024	Dec 27, 2023
Anchor Lockin End date 1	Apr 04, 2024	Jan 21, 2024
Anchor Lockin End date 2	Jun 03, 2024	Mar 21, 2024

Financials

Mukka Proteins IPO P/E ratio is 12.96, as compared to RBZ Jewellers IPO P/E ratio of 13.77.

Mukka Proteins IPO

RBZ Jewellers IPO

Financial

Mukka Proteins Limited Financial Information (Restated Consolidated)

Mukka Proteins Limited's revenue increased by 52.52% and profit after tax (PAT) rose by 84.07% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	641.18	575.16	392.30	353.93
Revenue	612.88	1,183.80	776.15	609.95
Profit After Tax	32.98	47.53	25.82	11.01
Net Worth	159.11	128.92	87.25	64.54
Reserves and Surplus	144.92	112.57	68.51	60.80
Total Borrowing	317.73	254.83	173.50	159.19
Amount in ₹ Crore

RBZ Jewellers Limited Financial Information (Restated)

RBZ Jewellers Limited's revenue increased by 14.69% and profit after tax (PAT) rose by 55.03% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	234.76	206.84	154.03	123.74
Revenue	125.52	289.63	252.53	107.71
Profit After Tax	12.09	22.33	14.41	9.75
Net Worth	104.57	92.47	70.03	55.55
Reserves and Surplus	74.02	61.93	65.60	51.19
Total Borrowing	101.84	95.79	59.71	54.90
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

100%

Promoter Shareholding (Post-Issue)

75%

P/E Ratio

12.96

13.77

Market Cap

₹840.00 Cr.

₹400.00 Cr.

ROE

36.71%%

27.49%%

ROCE

17.62%%

27.49%%

Debt/Equity

1.64

1.02

EPS

₹2.16

₹7.44

RoNW

34.19%%

20.08%%

Shares Offered

In the Mukka Proteins IPO retail investors (RII) are offered 2,80,00,000 shares while in RBZ Jewellers IPO retail investors are offered 2,80,00,000 shares. Qualified institutional buyers (QIB) are offered 1,60,00,435 shares in Mukka Proteins IPO and 14,00,000 shares in RBZ Jewellers IPO.

	Mukka Proteins IPO	RBZ Jewellers IPO
Anchor Investor Reserveration	2,39,99,565 shares	21,00,000 shares
Market Maker Reserveration
QIB	1,60,00,435 shares	14,00,000 shares
NII	1,20,00,000 shares	30,00,000 shares
RII	2,80,00,000 shares	35,00,000 shares
Employee	0 shares	0 shares
Others
Total	5,60,00,435 shares	79,00,000 shares

Bids Received (Subscription)

Mukka Proteins IPO subscribed 136.99x in total, whereas RBZ Jewellers IPO subscribed 16.86x.

	Mukka Proteins IPO	RBZ Jewellers IPO
QIB (times)	189.28x	13.43x
NII (times)	250.39x	9.27x
Big NII (times)	254.15x	6.79x
Small NII (times)	242.86x	14.21x
RII (times)	58.52x	24.74x
Employee (times)
Other (times)
Total (times)	136.99x	16.86x

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Mukka Proteins IPO	RBZ Jewellers IPO
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RBZ Jewellers IPO	Inox CVA IPO
Motisons Jewellers IPO	Suraj Estate Developers IPO
Happy Forgings IPO	Motisons Jewellers IPO
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