Listed Price₹830.00
Listing Gain+72.92%
Price Band₹456 - ₹480
Lot Size31 shares
Min Bid₹14,880
Subscription62.53x
Listed Market Snapshot
₹830.00Listed price from market data
+72.92%listing gain
Issue Amount
₹1,100 Cr
Listed Price
₹830.00
Current Price
₹552.8
Registrar
Bigshare Services Private Limited
Timeline•Bookbuilding IPO
Open10 Sep 2024
Close12 Sep 2024
Allotment13 Sep 2024
Listing17 Sep 2024
Quota Reservation Portions
QIBPortion: 45,83,333 shares
28.57%HNIPortion: 34,37,500 shares
21.43%RetailPortion: 80,20,834 shares
50%Minimum Application Bracket Matrix
Retail1 lots / 31 shares
₹14,880sHNI14 lots / 434 shares
₹2,08,320bHNI68 lots / 2,108 shares
₹10,11,840About the Company
P N Gadgil Jewellers Limited, established in 2013, offers a wide range of gold, silver, platinum, and diamond jewelry under its well-known “PNG” brand. By December 31, 2023, the company had expanded to 33 stores—32 located across 18 cities in Maharashtra and Goa, and one in the US—covering a total retail area of 95,885 sq. ft. Operating through both company-owned and FOCO models, the stores range from large to small formats to cater to different markets. The brand offers 8 gold jewelry sub-brands, 2 diamond collections, and 2 platinum collections, along with customized jewelry services. As of September 30, 2023, the company employed 1,152 people.
Company Promoters
Saurabh Vidyadhar GadgilRadhika Saurabh GadgilSVG Business Trust
Lead Managers
Registrar
Bigshare Services Private Limited