Comparison between Northern Arc Capital IPO and P N Gadgil Jewellers IPO.
Northern Arc Capital 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 Northern Arc Capital IPO is up to ₹777.00 Cr whereas the issue size of the P N Gadgil Jewellers IPO is up to ₹1,100.00 Cr. The final issue price of Northern Arc Capital IPO is ₹263.00 per share and of P N Gadgil Jewellers IPO is ₹480.00 per share.
| Northern Arc Capital IPO | P N Gadgil Jewellers IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹249.00 per share | ₹456.00 per share |
| Issue Price (Upper) | ₹263.00 per share | ₹480.00 per share |
| Issue Price (Final) | ₹263.00 per share | ₹480.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹24.00 per share | |
| Market Lot Size | 57 shares | 31 shares |
| Fresh Issue Size | 1,90,65,326 shares | 1,77,08,333 shares |
| Fresh Issue Size (Amount) | up to ₹500.50 Cr | up to ₹850.00 Cr |
| OFS Issue Size | 1,05,32,320 shares | 52,08,333 shares |
| OFS Issue Size (Amount) | up to ₹276.50 Cr | up to ₹250.00 Cr |
| Issue Size Total | 2,95,97,646 shares | 2,29,16,666 shares |
| Issue Size Total (Amount) | up to ₹777.00 Cr | up to ₹1,100.00 Cr |
Northern Arc Capital IPO opens on Sep 16, 2024, while P N Gadgil Jewellers IPO opens on Sep 10, 2024. The closing date of Northern Arc Capital IPO and P N Gadgil Jewellers IPO is Sep 19, 2024, and Sep 12, 2024, respectively.
| Northern Arc Capital IPO | P N Gadgil Jewellers IPO | |
|---|---|---|
| Anchor Bid Date | Sep 13, 2024 | Sep 09, 2024 |
| Issue Open | Sep 16, 2024 | Sep 10, 2024 |
| Issue Close | Sep 19, 2024 | Sep 12, 2024 |
| Basis Of Allotment (Tentative) | Sep 20, 2024 | Sep 13, 2024 |
| Initiation of Refunds (Tentative) | Sep 23, 2024 | Sep 16, 2024 |
| Credit of Share (Tentative) | Sep 23, 2024 | Sep 16, 2024 |
| Listing date (Tentative) | Sep 24, 2024 | Sep 17, 2024 |
| Anchor Lockin End date 1 | Oct 19, 2024 | Oct 13, 2024 |
| Anchor Lockin End date 2 | Dec 18, 2024 | Dec 12, 2024 |
Northern Arc Capital IPO P/E ratio is 11.78, as compared to P N Gadgil Jewellers IPO P/E ratio of 36.7.
| Northern Arc Capital IPO | P N Gadgil Jewellers IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 83.11 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 11.78 | 36.7 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹4242.86 Cr. | ₹6514.00 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 28.88% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 27.31% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 3.90 | 0.74 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹22.32 | ₹13.08 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 13.32% | 28.88% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Northern Arc Capital IPO Retail Individual Investors (RII) are offered 1,01,52,371 shares while in P N Gadgil Jewellers IPO retail investors are offered 1,01,52,371 shares. Qualified Institutional Buyers (QIB) are offered 58,01,354 shares in Northern Arc Capital IPO and 45,83,333 shares in P N Gadgil Jewellers IPO.
| Northern Arc Capital IPO | P N Gadgil Jewellers IPO | |
|---|---|---|
| Anchor Investor Reservation | 87,02,031 shares | 68,74,999 shares |
| Market Maker Reservation | ||
| QIB | 58,01,354 shares | 45,83,333 shares |
| NII | 43,51,016 shares | 34,37,500 shares |
| RII | 1,01,52,371 shares | 80,20,834 shares |
| Employee | 5,90,874 shares | |
| Others | ||
| Total | 2,95,97,646 shares | 2,29,16,666 shares |
Northern Arc Capital IPO subscribed 117.19x in total, whereas P N Gadgil Jewellers IPO subscribed 59.41x.
| Northern Arc Capital IPO | P N Gadgil Jewellers IPO | |
|---|---|---|
| QIB (times) | 242.73x | 136.85x |
| NII (times) | 147.58x | 56.08x |
| Big NII (times) | 160.48x | 59.11x |
| Small NII (times) | 121.79x | 50.03x |
| RII (times) | 32.01x | 16.58x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 117.19x | 59.41x |
