Arkade Developers IPO vs P N Gadgil Jewellers IPO

Comparison between Arkade Developers IPO and P N Gadgil Jewellers IPO.

IPO Details

Arkade Developers IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while P N Gadgil Jewellers IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Arkade Developers IPO is up to ₹410.00 Cr whereas the issue size of the P N Gadgil Jewellers IPO is up to ₹1,100.00 Cr. The final issue price of Arkade Developers IPO is ₹128.00 per share and of P N Gadgil Jewellers IPO is ₹480.00 per share.

 Arkade Developers IPOP N Gadgil Jewellers IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹121.00 per share₹456.00 per share
Issue Price (Upper)₹128.00 per share₹480.00 per share
Issue Price (Final)₹128.00 per share₹480.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹5.00 per share
Market Lot Size110 shares31 shares
Fresh Issue Size3,20,37,601 shares1,77,08,333 shares
Fresh Issue Size (Amount)up to ₹410.00 Crup to ₹850.00 Cr
OFS Issue Size0 shares52,08,333 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹250.00 Cr
Issue Size Total3,20,37,601 shares2,29,16,666 shares
Issue Size Total (Amount)up to ₹410.00 Crup to ₹1,100.00 Cr

IPO Timetable

Arkade Developers IPO opens on Sep 16, 2024, while P N Gadgil Jewellers IPO opens on Sep 10, 2024. The closing date of Arkade Developers IPO and P N Gadgil Jewellers IPO is Sep 19, 2024, and Sep 12, 2024, respectively.

 Arkade Developers IPOP N Gadgil Jewellers IPO
Anchor Bid DateSep 13, 2024Sep 09, 2024
Issue OpenSep 16, 2024Sep 10, 2024
Issue CloseSep 19, 2024Sep 12, 2024
Basis Of Allotment (Tentative)Sep 20, 2024Sep 13, 2024
Initiation of Refunds (Tentative)Sep 23, 2024Sep 16, 2024
Credit of Share (Tentative)Sep 23, 2024Sep 16, 2024
Listing date (Tentative)Sep 24, 2024Sep 17, 2024
Anchor Lockin End date 1Oct 20, 2024Oct 13, 2024
Anchor Lockin End date 2Dec 19, 2024Dec 12, 2024

Financials & KPIs

Arkade Developers IPO P/E ratio is 16.01, as compared to P N Gadgil Jewellers IPO P/E ratio of 36.7.

 Arkade Developers IPOP N Gadgil Jewellers IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets575.01555.41369.97
Total Income635.71224.01237.18
Profit After Tax122.8150.7750.84
NET Worth323.40200.32149.50
Reserves and Surplus171.40198.32147.49
Total Borrowing69.41149.0064.41
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets1,464.981,062.551,110.24
Total Income6,119.104,559.312,586.31
Profit After Tax154.3493.7069.52
NET Worth534.38365.73282.01
Reserves and Surplus255.53191.22
Total Borrowing396.50283.21294.93
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)85.58100
Promoter Shareholding (Post-Issue)70.8283.11
P/E Ratio16.0136.7
Market Cap₹2376.41 Cr.₹6514.00 Cr.
ROE46.90%28.88%
ROCE47.34%27.31%
Debt/Equity0.210.74
EPS₹7.99₹13.08
RoNW46.90%28.88%

Shares Offered

In the Arkade Developers IPO Retail Individual Investors (RII) are offered 1,11,56,250 shares while in P N Gadgil Jewellers IPO retail investors are offered 1,11,56,250 shares. Qualified Institutional Buyers (QIB) are offered 63,75,000 shares in Arkade Developers IPO and 45,83,333 shares in P N Gadgil Jewellers IPO.

 Arkade Developers IPOP N Gadgil Jewellers IPO
Anchor Investor Reservation95,62,500 shares68,74,999 shares
Market Maker Reservation
QIB63,75,000 shares45,83,333 shares
NII47,81,250 shares34,37,500 shares
RII1,11,56,250 shares80,20,834 shares
Employee1,62,601 shares
Others
Total3,20,37,601 shares2,29,16,666 shares

Bids Received (Subscription)

Arkade Developers IPO subscribed 113.49x in total, whereas P N Gadgil Jewellers IPO subscribed 59.41x.

 Arkade Developers IPOP N Gadgil Jewellers IPO
QIB (times)172.60x136.85x
NII (times)172.22x56.08x
Big NII (times)169.95x59.11x
Small NII (times)176.76x50.03x
RII (times)53.78x16.58x
Employee (times)
Other (times)
Total (times)113.49x59.41x

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Arkade Developers IPO Vs P N Gadgil Jewellers IPO