Stay updated with the latest on P N Gadgil Jewellers IPO GMP (Grey Market Premium). We provide live data and key information to help you make informed investment decisions.
P N Gadgil Jewellers IPO Overview
- IPO Open Date: September 10, 2024
- IPO Close Date: September 12, 2024
- Price Band: ₹456 to ₹480 per equity share
- Issue Size: ₹1100 Crores
- Listing Date: September 17, 2024
- Lot Size: Minimum 31 shares (₹14,880)
P N Gadgil IPO GMP Live Rates
| Dates | IPO GMP |
|---|---|
| September 17, 2024 | ₹303 (63%) |
| September 16, 2024 | ₹303 (63%) |
| September 15, 2024 | ₹330 (69%) |
| September 14, 2024 | ₹345 (72%) |
| September 13, 2024 | ₹333 (69%) |
| September 12, 2024 | ₹290 (60%) |
| September 11, 2024 | ₹258 (54%) |
| September 10, 2024 | ₹240 (50%) |
| September 09, 2024 | ₹240 (50%) |
| September 08, 2024 | ₹200 (42%) |
| September 07, 2024 | ₹177 (37%) |
| September 06, 2024 | ₹155 (32%) |
| September 05, 2024 | ₹155 (32%) |
IPO Timeline
| Events | Date |
|---|---|
| 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 |
About P N Gadgil Jewellers
P N Gadgil Jewellers Limited is, notably, the second-largest organized jewelry player in Maharashtra, offering a wide range of gold, silver, platinum, and diamond ornaments in various designs and price ranges. Over time, the company has expanded to 33 outlets across 18 locations in Maharashtra and Goa, as well as one store in the USA. Moreover, all outlets operate under a franchisee-owned, company-operated model, ensuring consistent quality and customer experience across the board. Looking ahead, the company plans to open 12 additional stores by the fiscal year 2026.
Additionally, The P N Gadgil Jewellers’s IPO is price between ₹456 and ₹480 per share, with a retail quota of 35%, a QIB quota of 50%, and an HNI quota of 15%. The company will list the IPO on the BSE and NSE on September 17, 2024, and schedule allotments for September 13, 2024.
Further, the company has demonstrated significant growth, reporting revenue of ₹4,559.31 crores in 2023, up from ₹2,586.31 crores in 2022. Additionally, profits rose to ₹93.7 crores in 2023, compared to ₹69.52 crores in 2022. Given this strong performance, investors should consider this IPO as a long-term investment opportunity.
Disclaimer
- The Grey Market Premium (GMP) mentioned for (P N Gadgil Jewellers IPO GMP) is applicable only for the specific date provided.
- We do not engage in the buying or selling of IPO forms on the grey market.
- Please do not base your IPO subscription decision solely on the premium price, as it may fluctuate. Always consider the company’s fundamentals before investing.
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