Comparison between KRN Heat Exchanger IPO and P N Gadgil Jewellers IPO.
KRN Heat Exchanger 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 KRN Heat Exchanger IPO is up to ₹341.95 Cr whereas the issue size of the P N Gadgil Jewellers IPO is up to ₹1,100.00 Cr. The final issue price of KRN Heat Exchanger IPO is ₹220.00 per share and of P N Gadgil Jewellers IPO is ₹480.00 per share.
| KRN Heat Exchanger IPO | P N Gadgil Jewellers IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹209.00 per share | ₹456.00 per share |
| Issue Price (Upper) | ₹220.00 per share | ₹480.00 per share |
| Issue Price (Final) | ₹220.00 per share | ₹480.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 65 shares | 31 shares |
| Fresh Issue Size | 1,55,43,000 shares | 1,77,08,333 shares |
| Fresh Issue Size (Amount) | up to ₹341.95 Cr | up to ₹850.00 Cr |
| OFS Issue Size | 0 shares | 52,08,333 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹250.00 Cr |
| Issue Size Total | 1,55,43,000 shares | 2,29,16,666 shares |
| Issue Size Total (Amount) | up to ₹341.95 Cr | up to ₹1,100.00 Cr |
KRN Heat Exchanger IPO opens on Sep 25, 2024, while P N Gadgil Jewellers IPO opens on Sep 10, 2024. The closing date of KRN Heat Exchanger IPO and P N Gadgil Jewellers IPO is Sep 27, 2024, and Sep 12, 2024, respectively.
| KRN Heat Exchanger IPO | P N Gadgil Jewellers IPO | |
|---|---|---|
| Anchor Bid Date | Sep 24, 2024 | Sep 09, 2024 |
| Issue Open | Sep 25, 2024 | Sep 10, 2024 |
| Issue Close | Sep 27, 2024 | Sep 12, 2024 |
| Basis Of Allotment (Tentative) | Sep 30, 2024 | Sep 13, 2024 |
| Initiation of Refunds (Tentative) | Oct 01, 2024 | Sep 16, 2024 |
| Credit of Share (Tentative) | Oct 01, 2024 | Sep 16, 2024 |
| Listing date (Tentative) | Oct 03, 2024 | Sep 17, 2024 |
| Anchor Lockin End date 1 | Oct 30, 2024 | Oct 13, 2024 |
| Anchor Lockin End date 2 | Dec 29, 2024 | Dec 12, 2024 |
KRN Heat Exchanger IPO P/E ratio is 24.78, as compared to P N Gadgil Jewellers IPO P/E ratio of 36.7.
| KRN Heat Exchanger IPO | P N Gadgil Jewellers IPO | |||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 94.39 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 70.78 | 83.11 | ||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 24.78 | 36.7 | ||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1309.51 Cr. | ₹6514.00 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 40.86% | 28.88% | ||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 31.21% | 27.31% | ||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.45 | 0.74 | ||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.88 | ₹13.08 | ||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 29.68% | 28.88% | ||||||||||||||||||||||||||||||||||||||||||||||
In the KRN Heat Exchanger IPO Retail Individual Investors (RII) are offered 54,98,330 shares while in P N Gadgil Jewellers IPO retail investors are offered 54,98,330 shares. Qualified Institutional Buyers (QIB) are offered 31,07,455 shares in KRN Heat Exchanger IPO and 45,83,333 shares in P N Gadgil Jewellers IPO.
| KRN Heat Exchanger IPO | P N Gadgil Jewellers IPO | |
|---|---|---|
| Anchor Investor Reservation | 45,50,000 shares | 68,74,999 shares |
| Market Maker Reservation | ||
| QIB | 31,07,455 shares | 45,83,333 shares |
| NII | 23,87,215 shares | 34,37,500 shares |
| RII | 54,98,330 shares | 80,20,834 shares |
| Employee | ||
| Others | ||
| Total | 1,55,43,000 shares | 2,29,16,666 shares |
KRN Heat Exchanger IPO subscribed 213.41x in total, whereas P N Gadgil Jewellers IPO subscribed 59.41x.
| KRN Heat Exchanger IPO | P N Gadgil Jewellers IPO | |
|---|---|---|
| QIB (times) | 253.04x | 136.85x |
| NII (times) | 430.54x | 56.08x |
| Big NII (times) | 445.31x | 59.11x |
| Small NII (times) | 401.01x | 50.03x |
| RII (times) | 96.74x | 16.58x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 213.41x | 59.41x |
