In Maharashtra, India, P N Gadgil Jewellers Limited is the second biggest organized player in jewelry. Various gold, silver, platinum, and diamond ornaments can be found in its collection at different prices and designs. Over time the company has opened up 33 outlets in 18 locations across Maharashtra and Goa plus one outpost in the USA. It runs all outlets under a franchisee-owned and company-operated model which ensures that quality remains uniform across all stores while customers get a similar treatment everywhere. By Fiscal year 2026, the company is also planning to open 12 more stores.

P N Gadgil Jewellers IPO open date is 2024 and the IPO will close on 2024. PNG Jewellers IPO is a Book Built Issue. The company to raise around ₹1,100.00 crores via IPO that comprises fresh issue of ₹850.00 crores and offer for sale up to ₹250.00 crores, [.] equity shares with face value of ₹10 each.

P N Gadgil Jewellers IPO price band is ₹[.] per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. PNG Jewellers IPO to list on BSE & NSE on 2024. The allotment of P N Gadgil Jewellers IPO date is 2024.

The company reported revenue of ₹4,559.31 crores in 2023 against ₹2,586.31 crore in 2022. The company reported profit of ₹93.7 crores in 2023 against profit of ₹69.52 crores in 2022. As per the financials the IPO investors should apply the IPO for a long term.

P N Gadgil Jewellers IPO (PNG Jewellers) Details

IPO Open Date:2024
IPO Close Date:2024
Face Value:₹10 Per Equity Share
IPO Price Band:₹[.] to ₹[.] Per Share
Issue Size:Approx ₹1,100 Crores
Fresh Issue:Approx ₹850 Crores
Offer for Sale:Approx ₹250 Crores[.] Equity Shares
Issue Type:Book Built Issue
IPO Listing:BSE & NSE
Retail Quota:Not more than 35%
QIB Quota:Not more than 50%
NII Quota:Not more than 15%

P N Gadgil Jewellers IPO Lots

IPO ActivityDate
Issue Price₹TBD
Market LotTBD Shares
1 Lot Amount₹TBD
Min Small HNI Lots(2-10 Lakh)TBD – 
Min Big HNI Lots(10+ Lakh)TBD – 

P N Gadgil Jewellers IPO: In-Depth Financial Report Analysis

The company reported revenue of ₹4,559.31 crores in 2023 against ₹2,586.31 crores in 2022. The company reported a profit of ₹93.7 crores in 2023 against a profit of ₹69.52 crores in 2022.

Period EndedRevenueExpenseProfit After TaxAssets
2021₹1,944.44₹1,937.79₹6.71₹1,014.15
2022₹2,586.31₹2,501.27₹69.52₹1,110.24
2023₹4,559.31₹4,441.23₹93.70₹1,062.55
Sept 2023₹2,631.14₹2,570.91₹43.75₹1,265.00

Peer Group Comparison

CompanyEPSPE RatioRoNW %NAVIncome
Kalyan Jewellers India Limited4.2091.7111.8835.2814071.45 Cr.
Senco Gold Limited22.9333.8816.76169.304077.40 Cr.
Thangamayil Jewellery Limited58.1320.7920.51283.383152.55 Cr.

Categorized in:

IPO,

Last Update: September 4, 2024