Comparison between Kross IPO and P N Gadgil Jewellers IPO.
Kross 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.
The total issue size of Kross IPO is up to ₹500.00 Cr whereas the issue size of the P N Gadgil Jewellers IPO is up to ₹1,100.00 Cr. The final issue price of Kross IPO is ₹240.00 per share and of P N Gadgil Jewellers IPO is ₹480.00 per share.
| Kross IPO | P N Gadgil Jewellers IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹10 per share |
| Issue Price (Lower) | ₹228.00 per share | ₹456.00 per share |
| Issue Price (Upper) | ₹240.00 per share | ₹480.00 per share |
| Issue Price (Final) | ₹240.00 per share | ₹480.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 62 shares | 31 shares |
| Fresh Issue Size | 1,04,16,666 shares | 1,77,08,333 shares |
| Fresh Issue Size (Amount) | up to ₹250.00 Cr | up to ₹850.00 Cr |
| OFS Issue Size | 1,04,16,666 shares | 52,08,333 shares |
| OFS Issue Size (Amount) | up to ₹250.00 Cr | up to ₹250.00 Cr |
| Issue Size Total | 2,08,33,332 shares | 2,29,16,666 shares |
| Issue Size Total (Amount) | up to ₹500.00 Cr | up to ₹1,100.00 Cr |
Kross IPO opens on Sep 09, 2024, while P N Gadgil Jewellers IPO opens on Sep 10, 2024. The closing date of Kross IPO and P N Gadgil Jewellers IPO is Sep 11, 2024, and Sep 12, 2024, respectively.
| Kross IPO | P N Gadgil Jewellers IPO | |
|---|---|---|
| Anchor Bid Date | Sep 06, 2024 | Sep 09, 2024 |
| Issue Open | Sep 09, 2024 | Sep 10, 2024 |
| Issue Close | Sep 11, 2024 | Sep 12, 2024 |
| Basis Of Allotment (Tentative) | Sep 12, 2024 | Sep 13, 2024 |
| Initiation of Refunds (Tentative) | Sep 13, 2024 | Sep 16, 2024 |
| Credit of Share (Tentative) | Sep 13, 2024 | Sep 16, 2024 |
| Listing date (Tentative) | Sep 16, 2024 | Sep 17, 2024 |
| Anchor Lockin End date 1 | Oct 11, 2024 | Oct 13, 2024 |
| Anchor Lockin End date 2 | Dec 10, 2024 | Dec 12, 2024 |
Kross IPO P/E ratio is 28.93, as compared to P N Gadgil Jewellers IPO P/E ratio of 36.7.
| Kross IPO | P N Gadgil Jewellers IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 67.7 | 83.11 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 28.93 | 36.7 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1548.23 Cr. | ₹6514.00 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 30.57% | 28.88% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 28.15% | 27.31% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.80 | 0.74 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.30 | ₹13.08 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 30.57% | 28.88% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Kross IPO Retail Individual Investors (RII) are offered 72,91,667 shares while in P N Gadgil Jewellers IPO retail investors are offered 72,91,667 shares. Qualified Institutional Buyers (QIB) are offered 41,66,666 shares in Kross IPO and 45,83,333 shares in P N Gadgil Jewellers IPO.
| Kross IPO | P N Gadgil Jewellers IPO | |
|---|---|---|
| Anchor Investor Reservation | 62,49,999 shares | 68,74,999 shares |
| Market Maker Reservation | ||
| QIB | 41,66,666 shares | 45,83,333 shares |
| NII | 31,25,000 shares | 34,37,500 shares |
| RII | 72,91,667 shares | 80,20,834 shares |
| Employee | ||
| Others | ||
| Total | 2,08,33,332 shares | 2,29,16,666 shares |
Kross IPO subscribed 17.66x in total, whereas P N Gadgil Jewellers IPO subscribed 59.41x.
| Kross IPO | P N Gadgil Jewellers IPO | |
|---|---|---|
| QIB (times) | 24.55x | 136.85x |
| NII (times) | 23.40x | 56.08x |
| Big NII (times) | 23.21x | 59.11x |
| Small NII (times) | 23.77x | 50.03x |
| RII (times) | 11.26x | 16.58x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 17.66x | 59.41x |
