P N Gadgil Jewellers IPO vs Shree Tirupati Balajee IPO

Comparision between P N Gadgil Jewellers IPO and Shree Tirupati Balajee IPO.

IPO Details

P N Gadgil Jewellers IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Shree Tirupati Balajee IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	P N Gadgil Jewellers IPO	Shree Tirupati Balajee 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	Motilal Oswal Investment Advisors Limited Nuvama Wealth Management Limited Bob Capital Markets Limited	Pnb Investment Services Ltd Unistone Capital Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Link Intime India Private 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 P N Gadgil Jewellers IPO is up to ₹1,100.00 Cr whereas the issue size of the Shree Tirupati Balajee 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 IPO is ₹83.00 per share.

	P N Gadgil Jewellers IPO	Shree Tirupati Balajee 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)
Discount (Employee)
Market Lot Size	31 shares	180 shares
Fresh Issue Size	1,77,08,334 shares	1,47,50,000 shares
Fresh Issue Size (Amount)	up to ₹850.00 Cr	up to ₹122.43 Cr
OFS Issue Size	52,08,333 shares	56,90,000 shares
OFS Issue Size (Amount)	up to ₹250.00 Cr	up to ₹47.23 Cr
Issue Size Total	2,29,16,667 shares	2,04,40,000 shares
Issue Size Total (Amount)	up to ₹1,100.00 Cr	up to ₹169.65 Cr

IPO Timetable

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

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

Financials

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

P N Gadgil Jewellers IPO

Shree Tirupati Balajee IPO

Financial

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

Shree Tirupati Balajee Agro Trading Company Limited Financial Information (Restated Consolidated)

Shree Tirupati Balajee Agro Trading Company Limited's revenue increased by 16% and profit after tax (PAT) rose by 74% 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	516.94	392.46	391.89
Revenue	552.82	478.14	453.79
Profit After Tax	36.07	20.72	13.66
Net Worth	173.07	110.21	92.23
Reserves and Surplus	106.24	109.05
Total Borrowing	243.69	223.81	240.06
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

100%

88.38%

Promoter Shareholding (Post-Issue)

83.11 %

65.42%

P/E Ratio

36.7

15.37

Market Cap

₹6514.00 Cr.

₹677.04 Cr.

ROE

28.88%%

20.84%%

ROCE

27.31%%

16.29%%

Debt/Equity

0.74

1.41

EPS

₹13.08

₹5.40

RoNW

28.88%%

20.84%%

Shares Offered

In the P N Gadgil Jewellers IPO retail investors (RII) are offered 84,42,983 shares while in Shree Tirupati Balajee IPO retail investors are offered 84,42,983 shares. Qualified institutional buyers (QIB) are offered 48,24,560 shares in P N Gadgil Jewellers IPO and 40,88,000 shares in Shree Tirupati Balajee IPO.

	P N Gadgil Jewellers IPO	Shree Tirupati Balajee IPO
Anchor Investor Reserveration	68,74,999 shares	61,32,000 shares
Market Maker Reserveration
QIB	48,24,560 shares	40,88,000 shares
NII	36,18,421 shares	30,66,000 shares
RII	84,42,983 shares	71,54,000 shares
Employee	0 shares	0 shares
Others
Total	1,68,85,964 shares	1,43,08,000 shares

Bids Received (Subscription)

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

	P N Gadgil Jewellers IPO	Shree Tirupati Balajee IPO
QIB (times)	136.85x	150.87x
NII (times)	56.08x	210.12x
Big NII (times)	59.11x	225.47x
Small NII (times)	50.03x	179.41x
RII (times)	16.58x	73.22x
Employee (times)
Other (times)
Total (times)	59.41x	124.74x

Compare with others

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

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