P N Gadgil Jewellers Limited was established in 2013 and offers a wide range of precious metal/jewelry products including gold, silver, platinum, and diamond jewelry under its brand name “PNG” in various price ranges and designs.
Products and Services
- Jewelry Collections: P. N. Gadgil Jewellers offers a diverse range of jewelry, including:
- Gold Jewelry: Traditional gold jewelry, including intricate designs for weddings and festivals.
- Diamond Jewelry: Elegant and contemporary diamond pieces.
- Silver Jewelry: A variety of silver jewelry items for everyday wear and special occasions.
- Customized Jewelry: Personalized jewelry services where customers can create bespoke pieces.
- Collections: Their collections often include traditional bridal sets, modern designs, and exclusive collections that feature intricate craftsmanship.
Business Operations
- Retail Presence: The company operates multiple retail outlets across major cities in India. They have showrooms in Pune, Mumbai, Bangalore, and other locations.
- Online Presence: P. N. Gadgil Jewellers has embraced digital transformation, providing online shopping options through their website, allowing customers to browse and purchase their jewelry online.
Ethical Practices and Certifications
- Quality Assurance: The brand places a strong emphasis on the purity and quality of their jewelry. They adhere to stringent quality standards and often provide certifications for their gold and diamonds.
- Ethical Sourcing: They are committed to ethical sourcing practices, ensuring that their materials are responsibly sourced and that their operations align with fair trade practices.
Awards and Recognition
- Industry Recognition: Over the years, P. N. Gadgil Jewellers has received several awards and accolades for their craftsmanship, design, and contribution to the jewelry industry.
Corporate Social Responsibility (CSR)
- Community Involvement: The company is involved in various community initiatives and social causes, reflecting their commitment to giving back to society.
P. N. Gadgil Jewellers Limited continues to be a significant player in the Indian jewelry market, blending tradition with modernity and maintaining a strong focus on customer satisfaction and ethical practices.
P N Gadgil Jewellers Limited IPO Timetable
Particular | Date |
IPO Open Date | 10 Sep 2024 |
IPO Close Date | 12 Sep 2024 |
Allotment Date | 13 Sep 2024 |
IPO Listing Date | 17 Sep 2024 |
P N Gadgil Jewellers Limited IPO Details
Issue Type | Book Built Issue IPO |
Face Value | Rs. 10 Per Equity Share |
IPO Price | Rs. 456 to Rs. 480 Per Equity Share |
Market Lot | 31 Share |
ISIN Code | |
Listing At | NSE, & BSE |
Issue Size | Approx. Rs. 1100 Crore. |
P N Gadgil Jewellers Limited IPO Lot Size
Application | Lots | Shares | Amount |
Minimum | 1 | 31 | Rs. 14880 |
Maximum | 13 | 403 | Rs. 193440 |
Small HNI (Minimum) | 14 | 434 | Rs. 208320 |
Big HNI (Minimum) | 68 | 2108 | Rs. 1011840 |
P N Gadgil Jewellers Limited IPO Allotment Status
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Company Financials:
Particular | 31 March 2024 | 31 March 2023 | 31 March 2022 |
Total Assets | 1464.98 | 1062.55 | 1110.24 |
Total Revenue | 6119.10 | 4559.31 | 2586.31 |
Profit After Tax | 154.34 | 93.70 | 69.52 |
Company Promoters:
Saurabh Vidyadhar Gadgil, Radhika Saurabh Gadgil, and SVG Business Trust are the promoters of the company.
Objects of this Issue:
- Funding expenditure towards setting up 12 new stores in Maharashtra (New Stores).
- Repayment or pre-payment, in full or part, of certain borrowings availed by the Company.
- General corporate purposes.
Registrar & Company Details
Company Contact Information | IPO Registrar |
P N Gadgil Jewellers Limited 694, Narayan Peth, Pune – 411 030 Phone: +912024478474 Email: secretarial@pngadgil.com Website: https://www.pngjewellers.com | Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/ipo_status.html |