P N GADGIL JEWELLERS
Mainboard₹14,880 / 31 Shares
P N GADGIL JEWELLERS IPO Details
The P N GADGIL JEWELLERS IPO price band is set between ₹456-480 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 10 Sep, 2024 and closes on 12 Sep, 2024. Investors can check the allotment status on 13 Sep, 2024, while the listing date is tentatively scheduled for 17 Sep, 2024.
The total issue size is Total ₹1,100 Cr :#Fresh Issue : 17,708,334 shares, aggregating up to ₹850.0 Cr. Stay tuned for the latest P N GADGIL JEWELLERS IPO review and GMP updates.
P N GADGIL JEWELLERS IPO Review, Rating & Analysis
P N GADGIL JEWELLERS IPO Review
NO REVIEWP N GADGIL JEWELLERS IPO Rating
P N GADGIL JEWELLERS IPO Highlights
IPO Date
Sep 10, 2024 - Sep 12, 2024
Listing Date
17 Sep, 2024
Face Value
₹10 Per Equity Share
Price Band
₹456-480 per equity share
Lot Size
31 Shares
Fresh Issue
17,708,334 Shares
Offer for Sale
5,208,333 shares of ₹10
Listing At
BSE, NSE
P N GADGIL JEWELLERS IPO Lot Size
The minimum market lot for P N GADGIL JEWELLERS IPO is 31 shares with an application amount of ₹14,880. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 31 | ₹14,880 |
| Retail (Max) | 13 | 403 | ₹1,93,440 |
| S-HNI (Min) | 14 | 434 | ₹2,08,320 |
| S-HNI (Max) | 67 | 2077 | ₹9,96,960 |
| B-HNI (Min) | 68 | 2108 | ₹10,11,840 |
P N GADGIL JEWELLERS IPO Timeline
Issue Price
₹456-480 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Bigshare Services Pvt LtdLead Manager
Motilal Oswal Investment Advisors LimitedNuvama Wealth Management LimitedBob Capital Markets LimitedIssue Size
Total ₹1,100 Cr :#Fresh Issue : 17,708,334 shares(aggregating up to ₹850.0 Cr) +
#OFS : 5,208,333 shares of ₹10(aggregating up to ₹250.0 Cr)
P N GADGIL JEWELLERS IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 24 | 1464.98 | 6119.1 | 154.34 | 534.38 | - | 396.5 |
| 31 Mar 23 | 1062.55 | 4559.31 | 93.7 | 365.73 | - | 283.21 |
| 31 Mar 22 | 1110.24 | 2586.31 | 69.52 | 282.01 | - | 294.93 |
All values are in ₹ Cr.
P N GADGIL JEWELLERS IPO Valuations
EPS Pre IPO
₹13.08/-EPS Post IPO
₹11.37/-PE Pre IPO
36.7PE Post IPO
42.2ROE
28.88%ROCE
27.31%Debt Equity
0.74RoNW
28.88%PAT Margin
2.53Price to Book Value
10.60Promoters & Share Holding
Promoter(s) Name
- Saurabh Vidyadhar Gadgil
- Radhika Saurabh Gadgil
- SVG Business Trust
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100% | 83.11% |
About Company
P N GADGIL JEWELLERS is the second biggest organized jewellery company in Maharashtra, India due to its solid brand footing and presence in area. Furthermore, it is a rapidly expanding jewellery brand in India, operating in the Maharashtra region. The company offers extensive selection to its clientele for precious metal/jewellery items, including gold, silver, platinum, and diamond jewellery, from varying price points and designs. As of Dec 31, 2023, the firm had 33 outlets and all its stores are operated and manage under the franchisee-owned (FOCO) and company-operated (COCO) models. Following the IPO, the business intends to extend its network by building 12 new stores in Maharashtra over the course of 3 years, all funded by the IPO proceeds.
P N GADGIL JEWELLERS IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 4,824,560 | 3,618,421 2,412,281 1,206,140 | 8,442,983 | 16,885,964 |
Day 1 -10-09-24 05:00 PM | 0.01 x | 3.25 2.86 x 4.04 x | 2.60 x | 2.00 x |
Day 2 -11-09-24 05:00 PM | 0.08 x | 15.74 15.09 x 17.06 x | 6.98 x | 6.89 x |
Day 3 -12-09-24 05:00 PM | 136.85 x | 56.08 59.11 x 50.01 x | 16.55 x | 59.39 x |
Retail:14.64x
BHNI:12.33x
SHNI:49.50x times
Company Contact Details
P N GADGIL JEWELLERS
694 Narayan Peth, Pune - 411 030Registrar Contact Details
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Frequently Asked Questions about P N GADGIL JEWELLERS IPO
When will P N GADGIL JEWELLERS IPO open for subscription?
The P N GADGIL JEWELLERS IPO opens on 10 Sep, 2024 and closes on 12 Sep, 2024.
What is the investors portion for P N GADGIL JEWELLERS IPO?
The investors' portion for QIB is 136.85 x, NII is 59.11 x, and Retail is 16.55 x.
How to apply for P N GADGIL JEWELLERS IPO?
You can apply for P N GADGIL JEWELLERS IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of P N GADGIL JEWELLERS IPO?
The issue size of P N GADGIL JEWELLERS IPO is approx ₹Total ₹1,100 Cr :#Fresh Issue : 17,708,334 shares(aggregating up to ₹850.0 Cr) +#OFS : 5,208,333 shares of ₹10(aggregating up to ₹250.0 Cr) crores.
What is the price band of P N GADGIL JEWELLERS IPO?
The price band for P N GADGIL JEWELLERS IPO is ₹456 to ₹480 per equity share.
What is the lot size of P N GADGIL JEWELLERS IPO?
The minimum bid (lot size) for P N GADGIL JEWELLERS IPO is N/A shares with an investment of approx ₹14,880 .
What is the allotment date of P N GADGIL JEWELLERS IPO?
The allotment date for P N GADGIL JEWELLERS IPO is 13 Sep, 2024.
What is the listing date of P N GADGIL JEWELLERS IPO?
The listing date for P N GADGIL JEWELLERS IPO is expected to be 17 Sep, 2024.
What is the GMP of P N GADGIL JEWELLERS IPO?
The latest Grey Market Premium (GMP) for P N GADGIL JEWELLERS IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.