P N Gadgil Jewellers IPO (PNG Jewellers) Details
IPO Open Date: | September 10, 2024 |
IPO Close Date: | September 12, 2024 |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹456 to ₹480 Per Share |
Issue Size: | Approx ₹1,100 Crores |
Fresh Issue: | Approx ₹850 Crores |
Offer for Sale: | Approx ₹250 Crores, 5,208,333 Equity Shares |
Issue Type: | Book Built Issue |
IPO Listing: | BSE & NSE |
Retail Quota: | Not more than 35% |
QIB Quota: | Not more than 50% |
NII Quota: | Not more than 15% |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors List: | Click Here |
P N Gadgil Jewellers IPO Market Lot
The P N Gadgil Jewellers IPO minimum market lot is 31 shares with ₹14,880 application amount. The retail investors can apply up-to 13 lots with 403 shares or ₹193,440 amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 31 | ₹14,880 |
Retail Maximum | 13 | 403 | ₹193,440 |
S-HNI Minimum | 14 | 434 | ₹208,320 |
B-HNI Minimum | 68 | 2,108 | ₹1,011,840 |
P N Gadgil Jewellers IPO (PNG Jewellers) Dates
The P N Gadgil Jewellers IPO date is September 10, 2024 and the close date is September 12, 2024. The P N Gadgil Jewellers IPO allotment will be finalized on September 13, 2024 and the IPO listing on September 17, 2024.
IPO Open Date: | September 10, 2024 |
IPO Close Date: | September 12, 2024 |
Basis of Allotment: | September 13, 2024 |
Refunds: | September 16, 2024 |
Credit to Demat Account: | September 16, 2024 |
IPO Listing Date: | September 17, 2024 |
Promoters of P N Gadgil Jewellers IPO
The promoters of the company are Saurabh Vidyadhar Gadgil, Radhika Saurabh Gadgil and SVG Business Trust.
About P N Gadgil Jewellers IPO
In Maharashtra, India, P N Gadgil Jewellers Limited is the second biggest organized player in jewelry. Various gold, silver, platinum, and diamond ornaments can be found in its collection at different prices and designs. Over time the company has opened up 33 outlets in 18 locations across Maharashtra and Goa plus one outpost in the USA. It runs all outlets under a franchisee-owned and company-operated model which ensures that quality remains uniform across all stores while customers get a similar treatment everywhere. By Fiscal year 2026, the company is also planning to open 12 more stores.
P N Gadgil Jewellers IPO Company Financial Report
The company reported revenue of ₹6,119.1 crores in 2024 against ₹4,559.31 crore in 2023. The company reported a profit of ₹154.34 crores in 2024 against a profit of ₹93.7 crores in 2023.
Amount ₹ in Crores
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2022 | ₹2586.31 | ₹2501.28 | ₹69.52 | ₹1,110.24 |
2023 | ₹4559.31 | ₹4441.23 | ₹93.7 | ₹1,062.55 |
2024 | ₹6119.1 | ₹5910.74 | ₹154.34 | ₹1,464.98 |
P N Gadgil Jewellers IPO Valuation – FY2023
Check P N Gadgil Jewellers IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI | Values |
ROE: | 10.28% |
ROCE: | 10.71% |
EBITDA Margin: | 3.53% |
PAT Margin: | 1.66% |
Debt to equity ratio: | 0.78 |
Earning Per Share (EPS): | ₹16.97 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 25.09% |
Net Asset Value (NAV): | ₹30.99 |
Peer Group Comparison
Company | EPS | PE Ratio | RoNW % | NAV | Income |
Kalyan Jewellers India Limited | 4.20 | 91.71 | 11.88 | 35.28 | 14071.45 Cr. |
Senco Gold Limited | 22.93 | 33.88 | 16.76 | 169.30 | 4077.40 Cr. |
Thangamayil Jewellery Limited | 58.13 | 20.79 | 20.51 | 283.38 | 3152.55 Cr. |
Objects of the Issue
- Funding expenditure towards setting up 12 new stores in Maharashtra (New Stores);
- Repayment or pre-payment, in full or part, of certain borrowings availed by our Company; and
- General corporate purposes.
P N Gadgil Jewellers IPO (PNG Jewellers) Review
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P N Gadgil Jewellers IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/ipo_status.html
IPO Lead Managers aka Merchant Bankers
- Motilal Oswal Investment Advisors Limited
- Nuvama Wealth Management Limited
- Bob Capital Markets Limited
Company Address
P N Gadgil Jewellers IPO Limited
694,
Narayan Peth,
Pune – 411 030
Phone: +912024478474
Email: [email protected]
Website: https://www.pngjewellers.com/
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3 Responses
Is this ipo profitable?
Hi Jivem,
Yes, Its good ipo.
yea