Last updated on October 10th, 2024 at 05:54 pm
About P N Gadgil Jewellers Limited
P N Gadgil Jewellers Limited is a well-established name in the jewelry sector, known for its exquisite designs and trusted brand reputation. The company was incorporated on October 28, 2013, as P N Gadgil Jewellers Private Limited and later converted to a public limited company on April 5, 2023.
IPO Details
- IPO Start Date: 10th September 2024
- IPO End Date: 12th September 2024
- Issue Price: ₹456 – ₹480 per share
- Lot Size: 31 Shares
- Total Issue Size: 1,68,85,964 shares
- Status: Active
- Subscription: 2.47x
GMP Price (Grey Market Premium)
The GMP (Grey Market Premium) is an indicator of the market sentiment towards the IPO. Currently, the GMP for P N Gadgil Jewellers Limited IPO is being tracked, and updates will be provided closer to the listing date.
Promoters
| Promoter Name | Stake |
|---|---|
| Saurabh Vidyadhar Gadgil | Holds a significant stake as a direct promoter and key managerial personnel. |
| Radhika Saurabh Gadgil | Significant stake, involved in the management as an Executive Director. |
| SVG Business Trust | Major shareholder, also responsible for offering shares in the IPO. |
Financial Summary
- Revenue from Operations: The company reported total revenues of ₹61,191.04 million for the financial year ending March 31, 2024, showing substantial growth from ₹45,593.12 million in the previous year.
- Profit Before Tax: The profit before tax increased significantly to ₹2,083.64 million in 2024, up from ₹1,180.84 million in 2023.
- Net Profit: The net profit after tax for the year 2024 stood at ₹1,543.43 million, an improvement from ₹937.01 million in 2023, indicating strong financial health.
- Total Assets: As of March 31, 2024, the company’s total assets were valued at ₹14,649.79 million, up from ₹10,625.52 million in 2023.
- Equity: The total equity increased to ₹5,343.77 million in 2024, compared to ₹3,657.34 million in 2023, reflecting a strong equity base and better shareholder value.
Important Dates
| Event | Date |
|---|---|
| Offer Start | 10th Sep 2024 |
| Offer End | 12th Sep 2024 |
| Allotment | 13th Sep 2024 |
| Refund Initiation | 16th Sep 2024 |
| Demat Transfer | 16th Sep 2024 |
| Listing | 17th Sep 2024 |
| Mandate End | 27th Sep 2024 |
FAQs
- Pn Gadgil Jewellers Limited Share Price: To be determined based on the offer price.
- Pn Gadgil Jewellers Ltd IPO GMP Today: To be updated closer to the listing date.
- Pn Gadgil Jewellers Subscription: The current subscription is 2.47x.
- PN Gadgil Jewellers Limited IPO: Active from 10th to 12th September 2024.
- Pn Gadgil Jewellers Limited Owner: Saurabh Vidyadhar Gadgil, Radhika Saurabh Gadgil, and SVG Business Trust.
- Pn Gadgil Jewellers Limited IPO Review: Review details will be updated based on market sentiment and subscription levels.
- Pn Gadgil and Sons: A related entity within the promoter group.
