Baazar Style Retail IPO vs P N Gadgil Jewellers IPO

Comparison between Baazar Style Retail IPO and P N Gadgil Jewellers IPO.

IPO Details

Baazar Style Retail 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 Baazar Style Retail IPO is up to ₹834.68 Cr whereas the issue size of the P N Gadgil Jewellers IPO is up to ₹1,100.00 Cr. The final issue price of Baazar Style Retail IPO is ₹389.00 per share and of P N Gadgil Jewellers IPO is ₹480.00 per share.

 Baazar Style Retail IPOP N Gadgil Jewellers IPO
Face Value₹5 per share₹10 per share
Issue Price (Lower)₹370.00 per share₹456.00 per share
Issue Price (Upper)₹389.00 per share₹480.00 per share
Issue Price (Final)₹389.00 per share₹480.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹35.00 per share
Market Lot Size38 shares31 shares
Fresh Issue Size38,06,387 shares1,77,08,333 shares
Fresh Issue Size (Amount)up to ₹148.06 Crup to ₹850.00 Cr
OFS Issue Size1,76,52,320 shares52,08,333 shares
OFS Issue Size (Amount)up to ₹686.62 Crup to ₹250.00 Cr
Issue Size Total2,14,58,707 shares2,29,16,666 shares
Issue Size Total (Amount)up to ₹834.68 Crup to ₹1,100.00 Cr

IPO Timetable

Baazar Style Retail IPO opens on Aug 30, 2024, while P N Gadgil Jewellers IPO opens on Sep 10, 2024. The closing date of Baazar Style Retail IPO and P N Gadgil Jewellers IPO is Sep 03, 2024, and Sep 12, 2024, respectively.

 Baazar Style Retail IPOP N Gadgil Jewellers IPO
Anchor Bid DateAug 29, 2024Sep 09, 2024
Issue OpenAug 30, 2024Sep 10, 2024
Issue CloseSep 03, 2024Sep 12, 2024
Basis Of Allotment (Tentative)Sep 04, 2024Sep 13, 2024
Initiation of Refunds (Tentative)Sep 05, 2024Sep 16, 2024
Credit of Share (Tentative)Sep 05, 2024Sep 16, 2024
Listing date (Tentative)Sep 06, 2024Sep 17, 2024
Anchor Lockin End date 1Oct 03, 2024Oct 13, 2024
Anchor Lockin End date 2Dec 02, 2024Dec 12, 2024

Financials & KPIs

Baazar Style Retail IPO P/E ratio is 125.54, as compared to P N Gadgil Jewellers IPO P/E ratio of 36.7.

 Baazar Style Retail IPOP N Gadgil Jewellers IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 2024
Assets1,165.97
Total Income982.83
Profit After Tax21.94
NET Worth212.56
Reserves and Surplus180.20
Total Borrowing178.23
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)55.03100
Promoter Shareholding (Post-Issue)45.5683.11
P/E Ratio125.5436.7
Market Cap₹2902.55 Cr.₹6514.00 Cr.
ROE10.74%28.88%
ROCE18.39%27.31%
Debt/Equity0.760.74
EPS₹3.10₹13.08
RoNW10.32%28.88%

Shares Offered

In the Baazar Style Retail IPO Retail Individual Investors (RII) are offered 75,00,934 shares while in P N Gadgil Jewellers IPO retail investors are offered 75,00,934 shares. Qualified Institutional Buyers (QIB) are offered 42,86,248 shares in Baazar Style Retail IPO and 45,83,333 shares in P N Gadgil Jewellers IPO.

 Baazar Style Retail IPOP N Gadgil Jewellers IPO
Anchor Investor Reservation64,29,372 shares68,74,999 shares
Market Maker Reservation
QIB42,86,248 shares45,83,333 shares
NII32,14,686 shares34,37,500 shares
RII75,00,934 shares80,20,834 shares
Employee28,248 shares
Others
Total2,14,59,488 shares2,29,16,666 shares

Bids Received (Subscription)

Baazar Style Retail IPO subscribed 40.63x in total, whereas P N Gadgil Jewellers IPO subscribed 59.41x.

 Baazar Style Retail IPOP N Gadgil Jewellers IPO
QIB (times)81.83x136.85x
NII (times)59.41x56.08x
Big NII (times)69.27x59.11x
Small NII (times)39.68x50.03x
RII (times)9.07x16.58x
Employee (times)35.08x
Other (times)
Total (times)40.63x59.41x

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Baazar Style Retail IPO Vs P N Gadgil Jewellers IPO