73  Total SME IPOs listed in 2025

3,196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

73  Total SME IPOs listed in 2025

3196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

73  Total SME IPOs listed in 2025

3196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

73  Total SME IPOs listed in 2025

3196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

P N Gadgil Jewellers IPO (P N Gadgil Jewellers Limited IPO) Detail

P N Gadgil Jewellers IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 1100.00 Cr. The company is based in Pune and caters to Jewellery sector. Bob Capital Markets , Motilal Oswal Investment Advisors , Nuvama Wealth Management are the merchant bankers of P N Gadgil Jewellers IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 26th March 2024.

P N Gadgil Jewellers IPO open date is 10th September 2024 and close date is 12th September 2024. IPO Allotment Date is 13th September 2024 and Listing date is 17th September 2024.

IPO Category : MainBoard
Exchange : BSE,NSE
Issue Type : Book Building

IPO Key Highlights

  • IPO Size: ₹ 1100.00 Cr. Avg IPO Size (Sector Based) : ₹ 385.97 cr.
  • Sector: Jewellery IPO so far: 11
  • Merchant Banker: Bob Capital IPO by BRLM so far: 11
  • City: Pune IPO so far: 19
  • Revenue (annualised): ₹ 6119.10 cr.
            PAT: (annualised): ₹ 154.34 cr. Read Financial Information >>
  • PE Ratio: 42.20x Average Sector PE Ratio: 11.93x

P N Gadgil Jewellers IPO Date

Date of DRHP:
26th March 2024
IPO Open Date:
10th September 2024
IPO Close Date:
12th September 2024
IPO Allotment Date:
13th September 2024
Initiation of Refund:
16th September 2024
IPO Listing Date:
17th September 2024

P N IPO Info, Size, Subscription

P N Gadgil Jewellers IPO size is ₹ 1100.00 Cr. with IPO price of ₹ 480.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 1100.00 Cr.

Issue Price:
₹ 480.00

Market Capitalisation :
₹ 6514.00 Cr.

PE multiple :
42.20

Subscription :
59.41 times

Pre Issue Promoter Holding :
100.00 %

Post Issue Promoter Holding :
83.11 %

P N Gadgil Jewellers IPO Information

Sub Sector : metal/jewelry products including gold, silver, platinum, and diamond jewelry
P N Gadgil Jewellers Limited is the second largest among the prominent organised jewellery players in Maharashtra, in terms of the number of stores as of January 2024, which is the largest market for BIS-registered outlets in India (Source: Technopark Report). It is also the fastest growing jewellery brand among the key organized jewellery players in India, based on revenue growth between Fiscal 2021 and Fiscal 2023. The company's CAGR for revenue from operations during this period was 52.82%. Additionally, it achieved an EBITDA growth of 56.50% between Fiscal 2021 and Fiscal 2023, which is among the highest in the industry. The company also experienced the highest increase in ROE and the highest revenue per square foot in Fiscal 2023 among key organized jewellery
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Object of Issue (P N IPO Objectives)

  • Funding expenditure towards setting up new stores in Maharashtra
  • Repayment or pre-payment, in full or part, of certain borrowings availed by the Company
  • General corporate purposes

Bob Capital Markets Limited is the book-running lead manager of the P N Gadgil Jewellers IPO. Bigshare Services Private Limited is the Registrar for P N Gadgil Jewellers IPO.

P N Gadgil Jewellers IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is P N Gadgil Jewellers IPO?

P N Gadgil Jewellers IPO, based in Pune, operates in the   Jewellery sector with a focus on metal/jewelry products including gold, silver, platinum, and diamond jewelry. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. P N Gadgil Jewellers IPO size is ₹ 1100.00 Cr. with fresh issue size of ₹ 850.00 Cr. and Offer for sale being ₹ 250.00Cr.

When is P N IPO allotment?

The IPO allotment date for P N Gadgil Jewellers IPO is expected to be 13th September 2024, after the finalization of basis of allotment. Investors can check P N Gadgil Jewellers IPO allotment status on the registrars website, Bigshare Services Private Limited . P N Gadgil Jewellers IPO refund dates are 16th September 2024.

When is P N Gadgil Jewellers IPO listing date?

P N Gadgil Jewellers IPO is expected to be listed on 17th September 2024.

What is the price band for P N IPO?

The upper price band for the P N Gadgil Jewellers IPO is set at ₹ 480.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is P N Gadgil Jewellers IPO Review?

For IPO analysis on P N Gadgil Jewellers IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for P N Gadgil Jewellers IPO?

To apply for the P N Gadgil Jewellers IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 12th September 2024. After submission, funds are blocked until the basis of allotment of P N Gadgil Jewellers IPO is finalised.

Who is the merchant banker of P N IPO?

The merchant banker for P N Gadgil Jewellers IPO is Bob Capital Markets Limited , Motilal Oswal Investment Advisors Limited , Nuvama Wealth Management Limited . Bob Capital Markets Limited , Motilal Oswal Investment Advisors Limited , Nuvama Wealth Management Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the P N Gadgil Jewellers IPO RHP for further details.

Who is the Registrar of P N Gadgil Jewellers IPO?

The registrar for P N Gadgil Jewellers IPO is Bigshare Services Private Limited . Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to P N Gadgil Jewellers IPO through their official website or helpline.

What is the P N Gadgil Jewellers IPO subscription?

P N Gadgil Jewellers IPO was subscribed 59.41 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

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FAQs

P N Gadgil Jewellers IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on P N Gadgil Jewellers Financial Review Page

P N Gadgil Jewellers IPO subscription was 59.41 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

P N Gadgil Jewellers IPO listed at a listing price of 792.80 against the offer price of 480.00.

The current market price of P N Gadgil Jewellers is 555.50.

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