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 Activity | Date |
Issue Price | ₹TBD |
Market Lot | TBD 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 Ended | Revenue | Expense | Profit After Tax | Assets |
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
Company | EPS | PE Ratio | RoNW % | NAV | Income |
Kalyan Jewellers India Limited | 4.20 | 91.71 | 11.88 | 35.28 | 14071.45 Cr. |
Senco Gold Limited | 22.93 | 33.88 | 16.76 | 169.30 | 4077.40 Cr. |
Thangamayil Jewellery Limited | 58.13 | 20.79 | 20.51 | 283.38 | 3152.55 Cr. |