Arkade Developers IPO vs P N Gadgil Jewellers IPO

Comparision between Arkade Developers IPO and P N Gadgil Jewellers IPO.

IPO Details

Arkade Developers 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.

	Arkade Developers 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	Unistone Capital Pvt Ltd	Motilal Oswal Investment Advisors Limited Nuvama Wealth Management Limited Bob Capital Markets Limited
Registrar	Bigshare Services Pvt 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 Arkade Developers IPO is up to ₹410.00 Cr whereas the issue size of the P N Gadgil Jewellers IPO is up to ₹1,100.00 Cr. The final issue price of Arkade Developers IPO is ₹128.00 per share and of P N Gadgil Jewellers IPO is ₹480.00 per share.

	Arkade Developers IPO	P N Gadgil Jewellers IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹121.00 per share	₹456.00 per share
Issue Price (Upper)	₹128.00 per share	₹480.00 per share
Issue Price (Final)	₹128.00 per share	₹480.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	110 shares	31 shares
Fresh Issue Size	3,20,31,250 shares	1,77,08,334 shares
Fresh Issue Size (Amount)	up to ₹410.00 Cr	up to ₹850.00 Cr
OFS Issue Size		52,08,333 shares
OFS Issue Size (Amount)		up to ₹250.00 Cr
Issue Size Total	3,20,31,250 shares	2,29,16,667 shares
Issue Size Total (Amount)	up to ₹410.00 Cr	up to ₹1,100.00 Cr

IPO Timetable

Arkade Developers IPO opens on Sep 16, 2024, while P N Gadgil Jewellers IPO opens on Sep 10, 2024. The closing date of Arkade Developers IPO and P N Gadgil Jewellers IPO is Sep 19, 2024, and Sep 12, 2024, respectively.

	Arkade Developers 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 20, 2024	Oct 13, 2024
Anchor Lockin End date 2	Dec 19, 2024	Dec 12, 2024

Financials

Arkade Developers IPO P/E ratio is 16.01, as compared to P N Gadgil Jewellers IPO P/E ratio of 36.7.

Arkade Developers IPO

P N Gadgil Jewellers IPO

Financial

Arkade Developers Limited Financial Information (Restated Consolidated)

Arkade Developers Limited's revenue increased by 184% and profit after tax (PAT) rose by 142% 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	575.01	555.41	369.97
Revenue	635.71	224.01	237.18
Profit After Tax	122.81	50.77	50.84
Net Worth	323.4	200.32	149.5
Reserves and Surplus	171.4	198.32	147.49
Total Borrowing	69.41	149	64.41
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)

85.58%

100%

Promoter Shareholding (Post-Issue)

70.82%

83.11 %

P/E Ratio

16.01

36.7

Market Cap

₹2376.41 Cr.

₹6514.00 Cr.

ROE

46.90%%

28.88%%

ROCE

47.34%%

27.31%%

Debt/Equity

0.21

0.74

EPS

₹7.99

₹13.08

RoNW

46.90%%

28.88%%

Shares Offered

In the Arkade Developers IPO retail investors (RII) are offered 1,11,56,250 shares while in P N Gadgil Jewellers IPO retail investors are offered 1,11,56,250 shares. Qualified institutional buyers (QIB) are offered 63,75,000 shares in Arkade Developers IPO and 48,24,560 shares in P N Gadgil Jewellers IPO.

	Arkade Developers IPO	P N Gadgil Jewellers IPO
Anchor Investor Reserveration	95,62,500 shares	68,74,999 shares
Market Maker Reserveration
QIB	63,75,000 shares	48,24,560 shares
NII	47,81,250 shares	36,18,421 shares
RII	1,11,56,250 shares	84,42,983 shares
Employee	0 shares	0 shares
Others
Total	2,23,12,500 shares	1,68,85,964 shares

Bids Received (Subscription)

Arkade Developers IPO subscribed 113.49x in total, whereas P N Gadgil Jewellers IPO subscribed 59.41x.

	Arkade Developers IPO	P N Gadgil Jewellers IPO
QIB (times)	172.60x	136.85x
NII (times)	172.22x	56.08x
Big NII (times)	169.95x	59.11x
Small NII (times)	176.76x	50.03x
RII (times)	53.78x	16.58x
Employee (times)
Other (times)
Total (times)	113.49x	59.41x

Compare with others

Arkade Developers IPO	P N Gadgil Jewellers IPO
Hyundai Motor IPO	Manba Finance IPO
Diffusion Engineers IPO	KRN Heat Exchanger IPO
Manba Finance IPO	Northern Arc Capital IPO
KRN Heat Exchanger IPO	Arkade Developers IPO
Northern Arc Capital IPO	Western Carriers (India) IPO
Western Carriers (India) IPO	Kross IPO
P N Gadgil Jewellers IPO	Tolins Tyres IPO
Kross IPO	Shree Tirupati Balajee IPO
Tolins Tyres IPO	Gala Precision Engineering IPO
Shree Tirupati Balajee IPO	Baazar Style Retail IPO

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