P N Gadgil Jewellers IPO vs Western Carriers IPO

Comparison between P N Gadgil Jewellers IPO and Western Carriers IPO.

IPO Details

P N Gadgil Jewellers IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Western Carriers 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 Western Carriers IPO is up to ₹492.88 Cr. The final issue price of P N Gadgil Jewellers IPO is ₹480.00 per share and of Western Carriers IPO is ₹172.00 per share.

 P N Gadgil Jewellers IPOWestern Carriers IPO
Face Value₹10 per share₹5 per share
Issue Price (Lower)₹456.00 per share₹163.00 per share
Issue Price (Upper)₹480.00 per share₹172.00 per share
Issue Price (Final)₹480.00 per share₹172.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size31 shares87 shares
Fresh Issue Size1,77,08,333 shares2,32,55,813 shares
Fresh Issue Size (Amount)up to ₹850.00 Crup to ₹400.00 Cr
OFS Issue Size52,08,333 shares54,00,000 shares
OFS Issue Size (Amount)up to ₹250.00 Crup to ₹92.88 Cr
Issue Size Total2,29,16,666 shares2,86,55,813 shares
Issue Size Total (Amount)up to ₹1,100.00 Crup to ₹492.88 Cr

IPO Timetable

P N Gadgil Jewellers IPO opens on Sep 10, 2024, while Western Carriers IPO opens on Sep 13, 2024. The closing date of P N Gadgil Jewellers IPO and Western Carriers IPO is Sep 12, 2024, and Sep 19, 2024, respectively.

 P N Gadgil Jewellers IPOWestern Carriers IPO
Anchor Bid DateSep 09, 2024Sep 12, 2024
Issue OpenSep 10, 2024Sep 13, 2024
Issue CloseSep 12, 2024Sep 19, 2024
Basis Of Allotment (Tentative)Sep 13, 2024Sep 20, 2024
Initiation of Refunds (Tentative)Sep 16, 2024Sep 23, 2024
Credit of Share (Tentative)Sep 16, 2024Sep 23, 2024
Listing date (Tentative)Sep 17, 2024Sep 24, 2024
Anchor Lockin End date 1Oct 13, 2024Oct 19, 2024
Anchor Lockin End date 2Dec 12, 2024Dec 18, 2024

Financials & KPIs

P N Gadgil Jewellers IPO P/E ratio is 36.7, as compared to Western Carriers IPO P/E ratio of 16.85.

 P N Gadgil Jewellers IPOWestern Carriers 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
Assets754.01604.14490.33
Total Income1,691.411,637.841,475.79
Profit After Tax80.3571.5761.13
NET Worth398.36318.61257.58
Reserves and Surplus359.01279.08157.12
Total Borrowing266.00210.47150.40
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10099.99
Promoter Shareholding (Post-Issue)83.1171.89
P/E Ratio36.716.85
Market Cap₹6514.00 Cr.₹1753.63 Cr.
ROE28.88%22.41%
ROCE27.31%29.23%
Debt/Equity0.740.67
EPS₹13.08₹10.21
RoNW28.88%20.17%

Shares Offered

In the P N Gadgil Jewellers IPO Retail Individual Investors (RII) are offered 80,20,834 shares while in Western Carriers 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 57,31,163 shares in Western Carriers IPO.

 P N Gadgil Jewellers IPOWestern Carriers IPO
Anchor Investor Reservation68,74,999 shares85,96,743 shares
Market Maker Reservation
QIB45,83,333 shares57,31,163 shares
NII34,37,500 shares42,98,372 shares
RII80,20,834 shares1,00,29,535 shares
Employee
Others
Total2,29,16,666 shares2,86,55,813 shares

Bids Received (Subscription)

P N Gadgil Jewellers IPO subscribed 59.41x in total, whereas Western Carriers IPO subscribed 31.69x.

 P N Gadgil Jewellers IPOWestern Carriers IPO
QIB (times)136.85x28.81x
NII (times)56.08x46.68x
Big NII (times)59.11x41.65x
Small NII (times)50.03x56.73x
RII (times)16.58x26.92x
Employee (times)
Other (times)
Total (times)59.41x31.69x

Compare with others

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P N Gadgil Jewellers IPO Vs Western Carriers IPO