Baazar Style Retail IPO vs P N Gadgil Jewellers IPO

Comparision between Baazar Style Retail IPO and P N Gadgil Jewellers IPO.

IPO Details

Baazar Style Retail 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.

	Baazar Style Retail 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	Axis Capital Limited Intensive Fiscal Services Private Limited Jm Financial 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 Baazar Style Retail IPO is up to ₹834.68 Cr whereas the issue size of the P N Gadgil Jewellers IPO is up to ₹1,100.00 Cr. The final issue price of Baazar Style Retail IPO is ₹389.00 per share and of P N Gadgil Jewellers IPO is ₹480.00 per share.

	Baazar Style Retail IPO	P N Gadgil Jewellers IPO
Face Value	₹5 per share	₹10 per share
Issue Price (Lower)	₹370.00 per share	₹456.00 per share
Issue Price (Upper)	₹389.00 per share	₹480.00 per share
Issue Price (Final)	₹389.00 per share	₹480.00 per share
Discount (Retail)
Discount (Employee)	₹35.00 per share
Market Lot Size	38 shares	31 shares
Fresh Issue Size	38,04,627 shares	1,77,08,334 shares
Fresh Issue Size (Amount)	up to ₹148.00 Cr	up to ₹850.00 Cr
OFS Issue Size	1,76,52,320 shares	52,08,333 shares
OFS Issue Size (Amount)	up to ₹686.68 Cr	up to ₹250.00 Cr
Issue Size Total	2,14,56,947 shares	2,29,16,667 shares
Issue Size Total (Amount)	up to ₹834.68 Cr	up to ₹1,100.00 Cr

IPO Timetable

Baazar Style Retail IPO opens on Aug 30, 2024, while P N Gadgil Jewellers IPO opens on Sep 10, 2024. The closing date of Baazar Style Retail IPO and P N Gadgil Jewellers IPO is Sep 03, 2024, and Sep 12, 2024, respectively.

	Baazar Style Retail IPO	P N Gadgil Jewellers IPO
Anchor Bid Date	Aug 29, 2024	Sep 09, 2024
Issue Open	Aug 30, 2024	Sep 10, 2024
Issue Close	Sep 03, 2024	Sep 12, 2024
Basis Of Allotment (Tentative)	Sep 04, 2024	Sep 13, 2024
Initiation of Refunds (Tentative)	Sep 05, 2024	Sep 16, 2024
Credit of Share (Tentative)	Sep 05, 2024	Sep 16, 2024
Listing date (Tentative)	Sep 06, 2024	Sep 17, 2024
Anchor Lockin End date 1	Oct 03, 2024	Oct 13, 2024
Anchor Lockin End date 2	Dec 02, 2024	Dec 12, 2024

Financials

Baazar Style Retail IPO P/E ratio is 125.54, as compared to P N Gadgil Jewellers IPO P/E ratio of 36.7.

Baazar Style Retail IPO

P N Gadgil Jewellers IPO

Financial

Baazar Style Retail Limited Financial Information (Restated Consolidated)

Period Ended	31 Mar 2024
Assets	1,165.97
Revenue	982.83
Profit After Tax	21.94
Net Worth	212.56
Reserves and Surplus	180.2
Total Borrowing	178.23
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)

55.03%

100%

Promoter Shareholding (Post-Issue)

45.6%

83.11 %

P/E Ratio

125.54

36.7

Market Cap

₹2902.55 Cr.

₹6514.00 Cr.

ROE

10.74%%

28.88%%

ROCE

18.39%%

27.31%%

Debt/Equity

0.76

0.74

EPS

₹3.10

₹13.08

RoNW

10.32%%

28.88%%

Shares Offered

In the Baazar Style Retail IPO retail investors (RII) are offered 75,00,934 shares while in P N Gadgil Jewellers IPO retail investors are offered 75,00,934 shares. Qualified institutional buyers (QIB) are offered 42,86,248 shares in Baazar Style Retail IPO and 48,24,560 shares in P N Gadgil Jewellers IPO.

	Baazar Style Retail IPO	P N Gadgil Jewellers IPO
Anchor Investor Reserveration	64,29,372 shares	68,74,999 shares
Market Maker Reserveration
QIB	42,86,248 shares	48,24,560 shares
NII	32,14,686 shares	36,18,421 shares
RII	75,00,934 shares	84,42,983 shares
Employee	28,248 shares	0 shares
Others
Total	1,50,30,116 shares	1,68,85,964 shares

Bids Received (Subscription)

Baazar Style Retail IPO subscribed 40.63x in total, whereas P N Gadgil Jewellers IPO subscribed 59.41x.

	Baazar Style Retail IPO	P N Gadgil Jewellers IPO
QIB (times)	81.83x	136.85x
NII (times)	59.41x	56.08x
Big NII (times)	69.27x	59.11x
Small NII (times)	39.68x	50.03x
RII (times)	9.07x	16.58x
Employee (times)	35.08x
Other (times)
Total (times)	40.63x	59.41x

Compare with others

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

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