Gala Precision Engineering IPO vs P N Gadgil Jewellers IPO

Comparision between Gala Precision Engineering IPO and P N Gadgil Jewellers IPO.

IPO Details

Gala Precision Engineering IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while P N Gadgil Jewellers IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Gala Precision Engineering IPO	P N Gadgil Jewellers IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	PL Capital Markets Private Limited	Motilal Oswal Investment Advisors Limited Nuvama Wealth Management Limited Bob Capital Markets Limited
Registrar	Link Intime India Private Ltd	Bigshare Services Pvt Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Gala Precision Engineering IPO is up to ₹167.93 Cr whereas the issue size of the P N Gadgil Jewellers IPO is up to ₹1,100.00 Cr. The final issue price of Gala Precision Engineering IPO is ₹529.00 per share and of P N Gadgil Jewellers IPO is ₹480.00 per share.

	Gala Precision Engineering IPO	P N Gadgil Jewellers IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹503.00 per share	₹456.00 per share
Issue Price (Upper)	₹529.00 per share	₹480.00 per share
Issue Price (Final)	₹529.00 per share	₹480.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	28 shares	31 shares
Fresh Issue Size	25,58,416 shares	1,77,08,334 shares
Fresh Issue Size (Amount)	up to ₹135.34 Cr	up to ₹850.00 Cr
OFS Issue Size	6,16,000 shares	52,08,333 shares
OFS Issue Size (Amount)	up to ₹32.59 Cr	up to ₹250.00 Cr
Issue Size Total	31,74,416 shares	2,29,16,667 shares
Issue Size Total (Amount)	up to ₹167.93 Cr	up to ₹1,100.00 Cr

IPO Timetable

Gala Precision Engineering IPO opens on Sep 02, 2024, while P N Gadgil Jewellers IPO opens on Sep 10, 2024. The closing date of Gala Precision Engineering IPO and P N Gadgil Jewellers IPO is Sep 04, 2024, and Sep 12, 2024, respectively.

	Gala Precision Engineering IPO	P N Gadgil Jewellers IPO
Anchor Bid Date	Aug 30, 2024	Sep 09, 2024
Issue Open	Sep 02, 2024	Sep 10, 2024
Issue Close	Sep 04, 2024	Sep 12, 2024
Basis Of Allotment (Tentative)	Sep 05, 2024	Sep 13, 2024
Initiation of Refunds (Tentative)	Sep 06, 2024	Sep 16, 2024
Credit of Share (Tentative)	Sep 06, 2024	Sep 16, 2024
Listing date (Tentative)	Sep 09, 2024	Sep 17, 2024
Anchor Lockin End date 1	Oct 04, 2024	Oct 13, 2024
Anchor Lockin End date 2	Dec 03, 2024	Dec 12, 2024

Financials

Gala Precision Engineering IPO P/E ratio is 23.95, as compared to P N Gadgil Jewellers IPO P/E ratio of 36.7.

Gala Precision Engineering IPO

P N Gadgil Jewellers IPO

Financial

Gala Precision Engineering Limited Financial Information (Restated)

Gala Precision Engineering Limited's revenue increased by 22% and profit after tax (PAT) dropped by -8% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	188.69	170.39	145.62
Revenue	204.38	167.08	147.96
Profit After Tax	22.33	24.21	6.63
Net Worth	104.45	83.66	59.32
Reserves and Surplus	94.67	81.13	56.79
Total Borrowing	55.03	58.6	56.89
Amount in ₹ Crore

P N Gadgil Jewellers Limited Financial Information (Restated Consolidated)

P N Gadgil Jewellers Limited's revenue increased by 34% and profit after tax (PAT) rose by 65% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	1,464.98	1,062.55	1,110.24
Revenue	6,119.1	4,559.31	2,586.31
Profit After Tax	154.34	93.7	69.52
Net Worth	534.38	365.73	282.01
Reserves and Surplus		255.53	191.22
Total Borrowing	396.5	283.21	294.93
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

74.56%

100%

Promoter Shareholding (Post-Issue)

55.4%

83.11 %

P/E Ratio

23.95

36.7

Market Cap

₹670.24 Cr.

₹6514.00 Cr.

ROE

23.59%%

28.88%%

ROCE

19.91%%

27.31%%

Debt/Equity

0.53

0.74

EPS

₹22.09

₹13.08

RoNW

21.38%%

28.88%%

Shares Offered

In the Gala Precision Engineering IPO retail investors (RII) are offered 11,09,017 shares while in P N Gadgil Jewellers IPO retail investors are offered 11,09,017 shares. Qualified institutional buyers (QIB) are offered 6,33,724 shares in Gala Precision Engineering IPO and 48,24,560 shares in P N Gadgil Jewellers IPO.

	Gala Precision Engineering IPO	P N Gadgil Jewellers IPO
Anchor Investor Reserveration	9,50,586 shares	68,74,999 shares
Market Maker Reserveration
QIB	6,33,724 shares	48,24,560 shares
NII	4,75,293 shares	36,18,421 shares
RII	11,09,017 shares	84,42,983 shares
Employee	5,796 shares	0 shares
Others
Total	22,23,830 shares	1,68,85,964 shares

Bids Received (Subscription)

Gala Precision Engineering IPO subscribed 201.41x in total, whereas P N Gadgil Jewellers IPO subscribed 59.41x.

	Gala Precision Engineering IPO	P N Gadgil Jewellers IPO
QIB (times)	232.54x	136.85x
NII (times)	414.62x	56.08x
Big NII (times)	439.67x	59.11x
Small NII (times)	364.54x	50.03x
RII (times)	91.95x	16.58x
Employee (times)	258.95x
Other (times)
Total (times)	201.41x	59.41x

Compare with others

Gala Precision Engineering IPO	P N Gadgil Jewellers IPO
Western Carriers (India) IPO	Manba Finance IPO
P N Gadgil Jewellers IPO	KRN Heat Exchanger IPO
Kross IPO	Northern Arc Capital IPO
Tolins Tyres IPO	Arkade Developers IPO
Shree Tirupati Balajee IPO	Western Carriers (India) IPO
Baazar Style Retail IPO	Kross IPO
Bajaj Housing Finance IPO	Tolins Tyres IPO
ECO Mobility IPO	Shree Tirupati Balajee IPO
Premier Energies IPO	Gala Precision Engineering IPO
Interarch Building Products IPO	Baazar Style Retail IPO

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