247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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

P N Gadgil Jewellers Limited is an Jewellery based company, located in Pune, P N Gadgil Jewellers Limited IPO size was 1100.00 Cr. and was issued at 480.00 per share. The share of P N Gadgil Jewellers Limited were listed at 792.80 per share and are currently trading at 611.70 per share.

Type :
Sub Sector : Metal/jewelry Products Including Gold, Silver, Platinum, And Diamond Jewelry
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
6119.10 Cr.

PAT :
154.34 Cr.

Pricing Report

Issue Price :
480.00

Listing Price :
792.80

Current Market Price :
611.70

Issue Price vs CMP :
131.7 (27.44%)

listing Price vs CMP :
181.1 (22.84%)

Performance Report (CAGR* wise)

CAGR : 101.85
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About P N Gadgil Jewellers

Company Information
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: Technopak Report). It is also the fastest growing jewellery brand among the key organised 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 organised jewellery players
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Object of Issue
  • Funding expenditure towards setting up new stores in Maharashtra (New Stores
  • Repayment or pre-payment, in full or part, of certain borrowings availed by the Company and
  • General corporate purposes

P N Gadgil Jewellers MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Sep, 2024
IPO Size :
1100.00 Cr.
Market Cap :
6514.00 Cr.   
IPO Subscription :
59.41 X     
PE Multiple :
42.20
Merchant Banker :
Bob Capital Markets Limited
IPO Registrar:
Bigshare Services Private Limited

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FAQs

P N Gadgil Jewellers operates in Jewellery and Metal/jewelry Products Including Gold, Silver, Platinum, And Diamond Jewelry. The Issue is listed on MainBoard in Sep, 2024. P N Gadgil Jewellers IPO size was 1100.00 Cr. with Issue price of 480.00 .

Merchant Banker(s) of P N Gadgil Jewellers IPO: Bob Capital Markets Limited , Motilal Oswal Investment Advisors Limited , Nuvama Wealth Management Limited

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 611.70.

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