PN Gadgil Jewellers IPO Allotment Status

PN Gadgil Jewellers IPO Overview

– Company: PN Gadgil Jewellers – IPO Size: ₹160.01 crore – Issue Price: ₹458-480 per share – Subscription: 59.41x – Categories: – QIB: 136.85x – NII: 56.09x – RII: 16.58x

How to Check PN Gadgil IPO Allotment Status?

Method 1: Via BSE – Visit BSE IPO Allotment Page. – Enter details like application number, PAN, and issue type. – Click 'Search.' Method 2: Via Bigshare Services – Visit Bigshare Services. – Enter application number or PAN to check status.

PN Gadgil IPO Allotment Timeline

IPO Subscription: September 10-12, 2024 – Allotment Finalization: September 13, 2024 – Refunds Initiated: By September 15, 2024 Listing Date: September 17, 2024

PN Gadgil IPO GMP (Grey Market Premium)

GMP as of September 12, 2024: ₹330-335 – Expected Listing Price: ₹813 – GMP Growth: Indicates a premium of ~70% over the issue price.

PN Gadgil Jewellers Financial Overview

FY23 Revenue: ₹4,507 crore (+76% YoY) – FY23 Profit After Tax: ₹94 crore – Projected FY24 Revenue: ₹6,110 crore – Projected FY24 Profit    After Tax:  ₹154 crore

Investor Outlook for PN Gadgil IPO

Pros: – Established brand, growing market presence. – Strong financial performance. – Potential for growth with IPO proceeds.

Investor Outlook for PN Gadgil IPO

Risks: – High valuation. – Fluctuating gold prices. – Regional concentration (Western India).

What’s Next?

Allotment Status: Check on September 13, 2024. – Expected Listing: September 17, 2024. – GMP Suggests: A strong listing debut for PN Gadgil Jewellers!