P N Gadgil Jewellers IPO Date, Review, Price, Allotment Details

P N Gadgil Jewellers IPO open date is September 10, 2024 and the IPO will close on September 12, 2024. PNG Jewellers IPO is a Book Built Issue. The company to raise around ₹1,100.00 crores via IPO that comprises fresh issue of ₹850.00 crores and offer for sale up to ₹250.00 crores, 5,208,333 equity shares with face value of ₹10 each.

P N Gadgil Jewellers IPO price band is ₹456 to ₹480 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. PNG Jewellers IPO to list on BSE & NSE on September 17, 2024. The allotment of P N Gadgil Jewellers IPO date is September 13, 2024.

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. As per the financials, the IPO investors should apply for the IPO for the long term.

P N Gadgil Jewellers IPO

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.

ApplicationLot SizeSharesAmount
Retail Minimum131₹14,880
Retail Maximum13403₹193,440
S-HNI Minimum14434₹208,320
B-HNI Minimum682,108₹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 EndedRevenueExpenseProfit After TaxAssets
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.

KPIValues
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

CompanyEPSPE RatioRoNW %NAVIncome
Kalyan Jewellers India Limited4.2091.7111.8835.2814071.45 Cr.
Senco Gold Limited22.9333.8816.76169.304077.40 Cr.
Thangamayil Jewellery Limited58.1320.7920.51283.383152.55 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/

P N Gadgil Jewellers IPO FAQs

What is P N Gadgil Jewellers IPO?

P N Gadgil Jewellers IPO is a main-board IPO. The company is going to raise ₹1,100 Crores via IPO. The issue is priced at ₹456 to ₹480 pr equity share. The IPO is to be listed on BSE & NSE.

When P N Gadgil Jewellers IPO will open for subscription?

The IPO is to open on September 10, 2024 for QIB, NII, and Retail Investors. The IPO will close on September 12, 2024.

What is P N Gadgil Jewellers IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the P N Gadgil Jewellers IPO?

You can apply for P N Gadgil Jewellers IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is P N Gadgil Jewellers IPO Issue Size?

P N Gadgil Jewellers IPO issue size is ₹1,100 crores.

What is P N Gadgil Jewellers IPO Price Band?

P N Gadgil Jewellers IPO Price Band is ₹456 to ₹480.

What is P N Gadgil Jewellers IPO Lot Size?

The minimum bid is 31 Shares with ₹14,880 amount.

What is the P N Gadgil Jewellers IPO Allotment Date?

P N Gadgil Jewellers IPO allotment date is September 13, 2024.

What is the P N Gadgil Jewellers IPO Listing Date?

P N Gadgil Jewellers IPO listing date is September 17, 2024. The IPO is to list on BSE and NSE.

Note: The P N Gadgil Jewellers IPO price band and date are officially announced. The (P N Gadgil Jewellers IPO grey market premium) will be added to the IPO GMP page as it will start).
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