P N Gadgil Jewellers Limited

Company Profile
Company Name P N Gadgil Jewellers Limited
Open Date 10-09-2024
Close Date 12-09-2024
Exchange BSE, NSE
Lot Size 31 Shares
Issue Price ₹456 to ₹480 per share
Issue Size 22,916,667 shares
Application Amount ₹ 14,880 – ₹ 1,93,440 (31 to 403 shares)
Recommendation Apply

P N Gadgil Jewellers Limited was originally formed and incorporated on Oct 28, 2013. The registered office is located at Pune, Maharashtra. The company offers a wide range of precious metal/jewellery products including gold, silver, platinum, and diamond jewellery under its brand name “PNG” in various price ranges and designs. The company had 1,418 permanent employees as of July 31, 2024.

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Financial Summary in Cr

KPI’s FY 22 FY 23 FY 24
Revenue 2,555.63 4,507.52 6,110.95
EBITDA 111.31 122.73 269.27
Net Profit 69.51 93.70 154.34
RoCE 22.28% 20.10% 35.97%
ROE 22.48% 25.09% 28.88%
P/E 81.49 60.45 36.70

Tentative Timeline

Opening Date 10/09/2024
Closing Date 12-09-2024
Basis of Allotment 13-09-2024
Initiation of Refunds 16-09-2024
Credit of Shares to Demat 16-09-2024
Listing Date 17-09-2024

Objects of the Issue

Funding expenditure towards setting-up of 12 New Stores in Maharashtra, India (“New Stores”)
Repayment and/or prepayment, in full or part of certain of outstanding borrowings availed by the company
General Corporate Purposes

Contact Information

Registered Office P N Gadgil Jewellers Limited 694, Narayan Peth, Pune - 411 030
Phone +912024478474
Email +912024478474
Website https://www.pngjewellers.com/

Registrar Details

Name Bigshare Services Private Limited
Phone +91-22-6263 8200
Email ipo@bigshareonline.com
Website https://ipo.bigshareonline.com/ipo_status.html

IPO Reservation

Anchor Investor Shares Offered 68,74,999 (28.93%)
QIB Shares Offered 48,24,560 (20.3%)
NII (HNI) Shares Offered 36,18,421 (15.23%)
Retail Shares Offered 84,42,983 (35.53%)

Shareholding Pattern

Share Holding Pre Issue (Promoters) 100.00%
Share Holding Post Issue (Promoters) 83.11%

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