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September 10, 2024 - September 12, 2024

P N Gadgil Jewellers IPO Review & Recommendations

Dilip Davda, Indsec Securities and Swastika Investmart Ltd have given "Apply" recommendation to P N Gadgil Jewellers IPO. Capital Market has "Neutral" view about the IPO.

P N Gadgil Jewellers IPO Review Summary from brokers and analysts

Review By Apply May Apply Neutral Avoid Not Rated
Count 3 0 1 0 0
% 75.00 0.00 25.00 0.00 0.00

P N Gadgil Jewellers IPO Analysis By Brokers/Analysts

Reviewer Recommendation Past Reviews
Capital MarketExternal link Neutral
Dilip Davda Apply
Indsec SecuritiesExternal link Apply
Swastika Investmart LtdExternal link Apply

P N Gadgil Jewellers IPO Capital Market Rating

The Captial Market (CapitalMarket.com) rating for P N Gadgil Jewellers IPO is 44. Their analysis recommends Avoid, however active risk seekers can try for the IPO.

Reviewer Rating Score Rating
Capital Market 44 Avoid, however active risk seekers can try

P N Gadgil Jewellers IPO Review by Dilip Davda (Apply)

[Dilip Davda]  The company is the second largest organized jewellery player from Maharashtra. It posted steady growth in its top and bottom lines for the reported periods. It is adding 12 new stores with IPO funds and planning expansion of its footprint. Based on FY24 earnings, the issue appears fully priced. Investors may park funds for medium to long term. Read detail review...

P N Gadgil Jewellers IPO Peer Comparison

P N Gadgil Jewellers Limited peer comparison with similar listed entities. (As on March 31, 2024)

Company NameEPS (Basic)EPS (Diluted)NAV (per share) (Rs)P/E (x)RoNW (%)P/BV RatioFinancial statements
P N Gadgil Jewellers Limited21.5913.0845.2928.8810.67
Kalyan Jewellers India Limited5.85.840.67101.5314.2314.7Standalone
Senco Gold Limited24.0623.98175.7445.513.266.23Standalone
Thangamayil Jewellery Ltd44.9144.91179.7442.8924.9910.76Standalone

Source: All the financial information for listed industry peers mentioned above is consolidated (unless otherwise available only on a standalone basis) and is sourced from the respective company's financial statements submitted to stock exchanges for the year ended March 31, 2024.

Notes about the Company:

  1. Basic and diluted earnings/ (loss) per equity share: Basic and diluted earnings/ (loss) per equity share are computed by Indian Accounting Standard 33 notified under the Companies (Indian Accounting Standards) Rules of 2015 (as amended).
  2. Net worth is calculated as the sum of Share capital, other equity and reserves of a disposal group held for sale.
  3. Net Asset Value per share is calculated by dividing Restated equity attributable to owners of the Company by Weighted average number of equity shares outstanding during the period.
  4. Return on Net Worth (%) = Restated net profit/(loss) after tax for the years/period attributable to the owners of the Company / Equity attributable to owners of the Company.
  5. P/E Ratio for the peer group has been computed based on the closing market price of equity shares on NSE as on August 23, 2024, divided by the diluted EPS.

P N Gadgil Jewellers IPO Review by Members

P N Gadgil Jewellers IPO Reviews, analysis and views by popular members. Read P N Gadgil Jewellers Limited IPO reviews by retail investors to find recommended ipo to buy.

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P N Gadgil Jewellers IPO Review Summary by Members

Review By Apply May Apply Neutral Avoid
Count 3 0 0 2
% 60.00 0.00 0.00 40.00
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Member Review
HFS

Apply for Long Term at Cut-off Price

P N GADGIL JEWELLERS LTD. is second largest jewellery shop in Pune, Maharashtra. You can Apply for the Long term. I definitely recommend to Apply.

September 13, 2024 7:27:40 AM
Phs

Apply for Listing Gain at Upper Price Band

Reasonable pricing.. So good scope left for listing gains..!!

I Like It. 1

September 12, 2024 12:44:16 PM
Sameer Haider

Avoid

Company allocate 3000 crore only to pay debt(Half of holding)
Poor managerial Decision as they do not handle its debt Efficiently.what if Sebi did not allow to List them due to other cause then how will they pay that 3000 crore?

September 11, 2024 3:14:40 AM
B.M.SURANA
IPO Guru IPO Guru (2700+ Posts, 5300+ Likes)

Apply for Listing Gain at Cut-off Price

Strong 💪 Buyers in Grey Market

I Like It. 3

September 9, 2024 6:18:11 PM
chIPOrgarh (300+ Posts)

Avoid

Exorbitantly priced.

I Like It. 1

September 5, 2024 10:37:33 AM

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