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Incorporated in 2005, PC Jeweller Ltd is an established jewellery retailer in North India. Company's operations include the manufacture, retail and wholesale of jewellery. PCJ offers a wide range of products including gold jewellery, diamond jewellery and other jewellery including silver articles. They provide 100% Hallmarked jewellery and Certified Diamond jewellery.
In addition to their retail operations, they also sell gold and diamond jewellery on a wholesale basis to other jewellery retailers in India. They also export gold and diamond jewellery on a wholesale basis to international distributors in Dubai, Hong Kong and Singapore.
PC Jeweller have 30 showrooms under the "PC Jeweller" brand located across 23 cities in north and central India. Company is planning to expand their showroom network across India by adding 20 more in next two years, including in southern and western parts of India. They have manufacturing facilities at 5 locations.
| IPO Date | Dec 10, 2012 to Dec 12, 2012 |
| Listing Date | Dec 27, 2012 |
| Face Value | ₹10 per share |
| Price | ₹125 to ₹135 per share |
| Lot Size | 90 Shares |
| Total Issue Size | 45,133,500 shares (aggregating up to ₹609.30 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| QIB Shares Offered | 15,671,250 (40.79%) |
| NII (HNI) Shares Offered | 6,716,250 (17.48%) |
| Retail Shares Offered | 15,671,250 (40.79%) |
| Total Shares Offered | 38,417,250 |
The PC Jeweller IPO lot size is 90 shares.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 90 | ₹12,150 |
| Retail (Max) | 16 | 1440 | ₹194,400 |
| Lot Size Calculator | |||
| Particulars | For the year/period ended (in Rs. Million) | |||||
| 30-Sep-12 | 31-Mar-12 | 31-Mar-11 | 31-Mar-10 | 31-Mar-09 | 31-Mar-08 | |
| Total Income | 20,642.40 | 36,742.07 | 22,096.23 | 11,044.53 | 6,923.84 | 3,767.54 |
| Profit After Tax (PAT) | 1,413.04 | 2,312.91 | 1,448.65 | 664.57 | 309.80 | 129.68 |
The object of the issue are to:
1. Finance establishment of new showrooms; and
2. General corporate purposes.
[Dilip Davda]
As far company's performance is concerned, for last three fiscals it has posted average EPS of Rs. 13.40 and for first half of the current fiscal it stands at Rs. 10.60 along with NAV of Rs. 52.08. It has issued bonus in the ratio of 2 shares for every 1 share held in September 2011. Thus the asking price is at around 8.5 P/E on fully diluted equity and is thus priced reasonably compared to its peer that are quoting around 13 to 42 P/E. Considering fancy for gem and jewellery sector counters, investment is recommended.
Read detail review...The PC Jeweller IPO is subscribed 6.85 times on Dec 12, 2012 9:00:00 PM. The public issue subscribed 1.68 times in the retail category, 7.33 times in the QIB category, and 18.12 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| QIB | 7.33 |
| NII | 18.12 |
| Retail | 1.68 |
| Employee | 0.96 |
| Total | 6.85 |
CRISIL has assigned a IPO Grade 3/5 to the IPO of PC Jeweller. This grade indicates that the fundamentals of the PC Jeweller IPO are 'average' relative to the other listed equity securities in India. CRISIL assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Please note that this grade is not an opinion on whether the issue price is appropriate in relation to the issue fundamentals. The grade is not a recommendation to buy, sell or hold the graded instrument, or a comment on the graded instrument's future market price or its suitability for a particular investor.
Read PC Jeweller IPO Grading Report
The promoter of PC Jeweller has offered Rs 5 discount to retail investors and employees in PC Jeweller IPO shares. The discount will be given on the final price of the IPO shares.
| Listing Date | Dec 27, 2012 |
| BSE Script Code | 534809 |
| NSE Symbol | PCJEWELLER |
| ISIN | INE785M01013 |
| Final Issue Price | ₹135 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE |
|---|
| ₹135.00 |
| ₹135.50 |
| ₹135.50 |
| ₹154.75 |
| ₹149.00 |
| NSE |
|---|
| ₹135.00 |
| ₹137.00 |
| ₹137.00 |
| ₹154.70 |
| ₹149.20 |
PC Jeweller Ltd
24/2708, Bank Street,
Karol Bagh,
New Delhi 110 005
Phone: (+91 11) 4710 4810
Email: investors@pcjewellers.com
Website: http://www.pcjewellers.com
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: pcjeweller.ipo@karvy.com
Website: https://karisma.kfintech.com/
PC Jeweller IPO is a main-board IPO of 45,133,500 equity shares of the face value of ₹10 aggregating up to ₹609.30 Crores. The issue is priced at ₹125 to ₹135 per share. The minimum order quantity is 90 Shares.
The IPO opens on Dec 10, 2012, and closes on Dec 12, 2012.
KFin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The PC Jeweller IPO opens on Dec 10, 2012 and closes on Dec 12, 2012.
PC Jeweller IPO lot size is 90 Shares and the minimum order quantity is .
You can apply in PC Jeweller IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for PC Jeweller IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the PC Jeweller IPO allotment status.
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sold 20 care at 935.50
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