PN Gadgil Jewellers IPO Allotment Status Online: PN Gadgil Jewellers IPO is Open on 10 September 2024 and Close on 12 September 2024. PN Gadgil Jewellers IPO to Raise 22,916,667 shares (Approx ₹1,100.00 Cr) via IPO. The Fresh Issue is 17,708,334 shares (Approx ₹850.00 Cr) and The Offer For Sale is 5,208,333 shares of ₹10 (Approx ₹250.00 Cr).
- The Retail Quota is 35%
- QIB is 50%
- NII is 15%
PN Gadgil Jewellers IPO Basis of Allotment Status on 13 September 2024. PN Gadgil Jewellers IPO Refund Date is 16 September 2024 and PN Gadgil Jewellers IPO Credit to Demat on 16 September 2024.
Also Read: PN Gadgil Jewellers IPO Details Today, GMP Price, Date, Review
PN Gadgil Jewellers Allotment Link Online
| Bigshare | Bigshare Allotment Link |
|---|---|
| Moneymintidea | IPO Allotment Status Link |
About –
PN Gadgil Jewellers are the second largest among the prominent organised jewellery players in Maharashtra, in terms of the number of stores as on January, 2024, which is the largest market for BIS-registered outlets in India. The ‘PNG’ brand derives its legacy from the ‘P N Gadgil’ brand, which has a rich heritage dating back to 1832 and a legacy of over a century.
Leveraging the legacy and heritage of the ‘PNG’ brand, we have created a strong brand recall and presence in Maharashtra offering a wide range of precious metal / jewellery products including gold, silver, platinum and diamond jewellery, across various price points and designs which cover the need of our customers and168 include collections that are specifically designed for special occasions, such as weddings, engagements, anniversaries and festivals, as well as everyday wear jewellery.
19 stores are large format stores (with an area of 2,500 sq. ft. or more), 11 stores are medium format stores (with an area between 1,000 sq. ft. to 2,500 sq. ft.) and 3 stores are small format stores (with an area of less than 1,000 sq. ft.). We plan to further expand our stores network by opening 12 new stores in Maharashtra.
We regularly interact with a team of designers deployed at theKarigars’facilitiesfor introducing new and innovative design for our jewelleries. Our design team also helps customize jewellery catering to individual requirements in terms of design, size, polish and weight.
- Well established and trusted legacy brand in Maharashtra.
- Second largest organised retail jewellery player and one of the fastest growing brand in Maharashtra.
- Diversified product portfolio across categories and price points.
- Experienced Promoter and management team with proven execution capabilities.
- Strong historical financial results.
