P N Gadgil Jewellers Limited IPO
P N Gadgil Jewellers Limited was a mainboard IPO in the Gems Jewellery And Watches sector, offered at ₹456–₹480 per share to raise ₹1,180 crore. The issue was subscribed 59.41× overall (QIBs 136.85×, NIIs 56.09×, retail 16.58×). It listed on 17 Sep 2024 at ₹830 and closed its first day at ₹793, a listing gain of +65.3% versus the ₹480 issue price. It now trades around ₹559 (+16.4% versus the issue price).
Frequently asked questions
- How many times was the P N Gadgil Jewellers Limited IPO subscribed?
- The P N Gadgil Jewellers Limited IPO was subscribed 59.41× overall — 136.85× in the QIB category, 56.09× among non-institutional investors, 16.58× in retail.
- What were the P N Gadgil Jewellers Limited IPO listing gains?
- P N Gadgil Jewellers Limited listed on 17 Sep 2024 at ₹830, closing its first day at ₹793 — a listing gain of +65.3% versus the ₹480 issue price.
- What were the retail allotment odds for the P N Gadgil Jewellers Limited IPO?
- Retail was subscribed 16.58×, so a single-lot application had roughly a 6% chance of allotment (about 1 in 17), and allotment was finalised on 13 Sep 2024.
- What was the price band and lot size of the P N Gadgil Jewellers Limited IPO?
- The price band was ₹456–₹480 per share, with a minimum lot of 31 shares (₹14,880 at the upper band).
- Who were the registrar and lead manager for the P N Gadgil Jewellers Limited IPO?
- Bigshare Services Private Limited was the registrar, and Motilal Oswal was the book-running lead manager.