P N Gadgil Jewellers IPO

P N Gadgil Jewellers' INR 1,100 crore IPO includes a fresh issue of INR 850 crore and OFS of INR 250 crore to open 12 stores, repay debt, and for corporate needs.

Important Details

Open Date : September 10, 2024 Close Date : September 12, 2024 Allotment Date: September 13, 2024 Listing Date: September 17, 2024

Important Details

IPO Price: INR 456-480 per share Lot Size: 31 Shares Total Issue Size: INR1,100 crores

Fundamental Analysis

P N Gadgil Jewellers IPO shows mixed performance: 1. Strong revenue growth, lower debt reliance. 2. Improved profitability & EPS boost confidence. 3. Higher RoNW and total assets reflect solid health.

Peer Comparison

1. P N Gadgil Jewellers shows strong revenue growth and profitability. 2. Kalyan Jewellers leads in revenue. 3. Senco Gold and Thangamayil Jewellery excel in profitability and return metrics

Objective

P N Gadgil Jewellers IPO Objective: 1. Fund the establishment of 12 new stores in Maharashtra. 2. Repay or pre-pay certain borrowings.

Risks And Challenges

P N Gadgil Jewellers IPO Risks: 1. Brand reputation risk from negative publicity. 2. Challenges in marketing & customer experience. 3. Vulnerability to local disruptions & supply chain issues.