P N Gadgil Jewellers IPO vs Shree Tirupati Balajee Agro IPO

Comparison between P N Gadgil Jewellers IPO and Shree Tirupati Balajee Agro IPO.

IPO Details

P N Gadgil Jewellers IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Shree Tirupati Balajee Agro IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of P N Gadgil Jewellers IPO is up to ₹1,100.00 Cr whereas the issue size of the Shree Tirupati Balajee Agro IPO is up to ₹169.65 Cr. The final issue price of P N Gadgil Jewellers IPO is ₹480.00 per share and of Shree Tirupati Balajee Agro IPO is ₹83.00 per share.

 P N Gadgil Jewellers IPOShree Tirupati Balajee Agro IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹456.00 per share₹78.00 per share
Issue Price (Upper)₹480.00 per share₹83.00 per share
Issue Price (Final)₹480.00 per share₹83.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size31 shares180 shares
Fresh Issue Size1,77,08,333 shares1,47,50,000 shares
Fresh Issue Size (Amount)up to ₹850.00 Crup to ₹122.43 Cr
OFS Issue Size52,08,333 shares56,90,000 shares
OFS Issue Size (Amount)up to ₹250.00 Crup to ₹47.23 Cr
Issue Size Total2,29,16,666 shares2,04,40,000 shares
Issue Size Total (Amount)up to ₹1,100.00 Crup to ₹169.65 Cr

IPO Timetable

P N Gadgil Jewellers IPO opens on Sep 10, 2024, while Shree Tirupati Balajee Agro IPO opens on Sep 05, 2024. The closing date of P N Gadgil Jewellers IPO and Shree Tirupati Balajee Agro IPO is Sep 12, 2024, and Sep 09, 2024, respectively.

 P N Gadgil Jewellers IPOShree Tirupati Balajee Agro IPO
Anchor Bid DateSep 09, 2024Sep 04, 2024
Issue OpenSep 10, 2024Sep 05, 2024
Issue CloseSep 12, 2024Sep 09, 2024
Basis Of Allotment (Tentative)Sep 13, 2024Sep 10, 2024
Initiation of Refunds (Tentative)Sep 16, 2024Sep 11, 2024
Credit of Share (Tentative)Sep 16, 2024Sep 11, 2024
Listing date (Tentative)Sep 17, 2024Sep 12, 2024
Anchor Lockin End date 1Oct 13, 2024Oct 09, 2024
Anchor Lockin End date 2Dec 12, 2024Dec 08, 2024

Financials & KPIs

P N Gadgil Jewellers IPO P/E ratio is 36.7, as compared to Shree Tirupati Balajee Agro IPO P/E ratio of 15.37.

 P N Gadgil Jewellers IPOShree Tirupati Balajee Agro IPO
Financials

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

Company Financials (Restated Consolidated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets516.94392.46391.89
Total Income552.82478.14453.79
Profit After Tax36.0720.7213.66
NET Worth173.07110.2192.23
Reserves and Surplus106.24109.05
Total Borrowing243.69223.81240.06
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10088.38
Promoter Shareholding (Post-Issue)83.1165.42
P/E Ratio36.715.37
Market Cap₹6514.00 Cr.₹677.04 Cr.
ROE28.88%20.84%
ROCE27.31%16.29%
Debt/Equity0.741.41
EPS₹13.08₹5.40
RoNW28.88%20.84%

Shares Offered

In the P N Gadgil Jewellers IPO Retail Individual Investors (RII) are offered 80,20,834 shares while in Shree Tirupati Balajee Agro IPO retail investors are offered 80,20,834 shares. Qualified Institutional Buyers (QIB) are offered 45,83,333 shares in P N Gadgil Jewellers IPO and 40,88,000 shares in Shree Tirupati Balajee Agro IPO.

 P N Gadgil Jewellers IPOShree Tirupati Balajee Agro IPO
Anchor Investor Reservation68,74,999 shares61,32,000 shares
Market Maker Reservation
QIB45,83,333 shares40,88,000 shares
NII34,37,500 shares30,66,000 shares
RII80,20,834 shares71,54,000 shares
Employee
Others
Total2,29,16,666 shares2,04,40,000 shares

Bids Received (Subscription)

P N Gadgil Jewellers IPO subscribed 59.41x in total, whereas Shree Tirupati Balajee Agro IPO subscribed 124.74x.

 P N Gadgil Jewellers IPOShree Tirupati Balajee Agro IPO
QIB (times)136.85x150.87x
NII (times)56.08x210.12x
Big NII (times)59.11x225.47x
Small NII (times)50.03x179.41x
RII (times)16.58x73.22x
Employee (times)
Other (times)
Total (times)59.41x124.74x

Compare with others

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P N Gadgil Jewellers IPO Vs Shree Tirupati Balajee Agro IPO