Gala Precision Engineering IPO vs P N Gadgil Jewellers IPO

Comparison between Gala Precision Engineering IPO and P N Gadgil Jewellers IPO.

IPO Details

Gala Precision Engineering 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 Gala Precision Engineering IPO is up to ₹167.93 Cr whereas the issue size of the P N Gadgil Jewellers IPO is up to ₹1,100.00 Cr. The final issue price of Gala Precision Engineering IPO is ₹529.00 per share and of P N Gadgil Jewellers IPO is ₹480.00 per share.

 Gala Precision Engineering IPOP N Gadgil Jewellers IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹503.00 per share₹456.00 per share
Issue Price (Upper)₹529.00 per share₹480.00 per share
Issue Price (Final)₹529.00 per share₹480.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size28 shares31 shares
Fresh Issue Size25,58,416 shares1,77,08,333 shares
Fresh Issue Size (Amount)up to ₹135.34 Crup to ₹850.00 Cr
OFS Issue Size6,16,000 shares52,08,333 shares
OFS Issue Size (Amount)up to ₹32.59 Crup to ₹250.00 Cr
Issue Size Total31,74,416 shares2,29,16,666 shares
Issue Size Total (Amount)up to ₹167.93 Crup to ₹1,100.00 Cr

IPO Timetable

Gala Precision Engineering IPO opens on Sep 02, 2024, while P N Gadgil Jewellers IPO opens on Sep 10, 2024. The closing date of Gala Precision Engineering IPO and P N Gadgil Jewellers IPO is Sep 04, 2024, and Sep 12, 2024, respectively.

 Gala Precision Engineering IPOP N Gadgil Jewellers IPO
Anchor Bid DateAug 30, 2024Sep 09, 2024
Issue OpenSep 02, 2024Sep 10, 2024
Issue CloseSep 04, 2024Sep 12, 2024
Basis Of Allotment (Tentative)Sep 05, 2024Sep 13, 2024
Initiation of Refunds (Tentative)Sep 06, 2024Sep 16, 2024
Credit of Share (Tentative)Sep 06, 2024Sep 16, 2024
Listing date (Tentative)Sep 09, 2024Sep 17, 2024
Anchor Lockin End date 1Oct 04, 2024Oct 13, 2024
Anchor Lockin End date 2Dec 03, 2024Dec 12, 2024

Financials & KPIs

Gala Precision Engineering IPO P/E ratio is 23.95, as compared to P N Gadgil Jewellers IPO P/E ratio of 36.7.

 Gala Precision Engineering IPOP N Gadgil Jewellers IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets188.69170.39145.62
Total Income204.38167.08147.96
Profit After Tax22.3324.216.63
NET Worth104.4583.6659.32
Reserves and Surplus94.6781.1356.79
Total Borrowing55.0358.6056.89
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)74.56100
Promoter Shareholding (Post-Issue)55.483.11
P/E Ratio23.9536.7
Market Cap₹670.24 Cr.₹6514.00 Cr.
ROE23.59%28.88%
ROCE19.91%27.31%
Debt/Equity0.530.74
EPS₹22.09₹13.08
RoNW21.38%28.88%

Shares Offered

In the Gala Precision Engineering IPO Retail Individual Investors (RII) are offered 11,09,017 shares while in P N Gadgil Jewellers IPO retail investors are offered 11,09,017 shares. Qualified Institutional Buyers (QIB) are offered 6,33,724 shares in Gala Precision Engineering IPO and 45,83,333 shares in P N Gadgil Jewellers IPO.

 Gala Precision Engineering IPOP N Gadgil Jewellers IPO
Anchor Investor Reservation9,50,586 shares68,74,999 shares
Market Maker Reservation
QIB6,33,724 shares45,83,333 shares
NII4,75,293 shares34,37,500 shares
RII11,09,017 shares80,20,834 shares
Employee5,796 shares
Others
Total31,74,416 shares2,29,16,666 shares

Bids Received (Subscription)

Gala Precision Engineering IPO subscribed 201.41x in total, whereas P N Gadgil Jewellers IPO subscribed 59.41x.

 Gala Precision Engineering IPOP N Gadgil Jewellers IPO
QIB (times)232.54x136.85x
NII (times)414.62x56.08x
Big NII (times)439.67x59.11x
Small NII (times)364.54x50.03x
RII (times)91.95x16.58x
Employee (times)258.95x
Other (times)
Total (times)201.41x59.41x

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