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P N Gadgil Jewellers Limited
Issue Size (Net)
up to Rs.1,100.00 Cr
Price Band
Rs.456 to Rs.480 per share
Issue Opens
September 10, 2024
Issue Closes
September 12, 2024

Company Highlights

1.Company Information

P N Gadgil Jewellers Limited was established in 2013 and offers a wide range of precious metal/jewelry products including gold, silver, platinum, and diamond jewelry under its brand name "PNG" in various price ranges and designs.
As of December 31, 2023, the Company has 8 sub-brands offering gold jewelry collections for various occasions, namely Saptam, Swarajya, Rings of Love, The Golden Katha of Craftmanship, Flip, Litestyle, Pratha and Yoddha, two sub-brands offering diamond jewelry collections, namely Eiina and PNG Solitaire, and two sub-brands offering platinum jewelry collections, namely Men of Platinum and Evergreen Love. The company also offers its customers the option of having jewelry made to measure.

2. Objects of the Issue

The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
1.Funding expenditure towards setting up 12 new stores in Maharashtra (New Stores);
2.Repayment or pre-payment, in full or part, of certain borrowings availed by the Company; and General corporate purposes.

3. P N Gadgil Jewellers IPO Registrar
Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Email: ipo@bigshareonline.com

Website:https://ipo.bigshareonline.com/ipo_status.html

P N Gadgil Jewellers Limited Financial Information (Restated Consolidated)

Period Ended
Total Assets
Total Revenue
Profit After Tax
Net Worth
Reserves and Surplus
Total Borrowing
31-Mar-24
1,464.98
6,119.10
154.34
534.38
396.5
31-Mar-23
1,062.55
4,559.31
93.7
365.73
255.53
283.21
31-Mar-22
1,110.24
2,586.31
69.52
282.01
191.22
294.93
Amount in Rs. Crore

P N Gadgil Jewellers IPO Details

Issue Opening Date
September 10, 2024
Issue Closing Date
September 12, 2024
Face Value
Rs.10 per share
Price
Rs.456 to Rs.480 per share
Lot Size
31 Shares
Issue Size
22,916,667 shares (aggregating up to Rs.1,100.00 Cr)
Fresh Issue
17,708,334 shares (aggregating up to Rs.850.00 Cr)
Offer for Sale
5,208,333 shares of Rs.10 (aggregating up to Rs.250.00 Cr)
Issue Type
Book Built Issue IPO
Listing At
BSE, NSE

P N Gadgil Jewellers IPO Timeline (Tentative Schedule)

Event
Tentative Date
Opening Date
Tuesday, September 10, 2024
Closing Date
Thursday, September 12, 2024
Basis of Allotment
Friday, September 13, 2024
Initiation of Refunds
Monday, September 16, 2024
Credit of Shares to Demat
Monday, September 16, 2024
Listing Date
Tuesday, September 17, 2024
Cut-off time for UPI mandate confirmation
5 PM on September 12, 2024

Prospectus

Prospectus File

RR Investors Capital Services Pvt. Ltd AMFI-registered Mutual Fund Distributor

ARN-0032 Validity 14-Mar-2027

Head Office - 4th floor, Indraprakash Building 21, Barakhamba Road, New Delhi – 110001

callLandline Number
+91 11-4444-1111

Customer Care
+91 9350316010

Security
  • SSL
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