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