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P N Gadgil Jewellers Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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P N Gadgil Jewellers Ltd IPO

Registered Office: 694 Narayan Peth, , Pune - 411030 , Maharashtra , India.
Phone : +91 20 2443 5006   Fax:
Email :  secretarial@pngadgil.com  
Website :  www.pngjewellers.com
Initial public offer of 22,916,666 equity shares of face value of (Rs)10 each ("Equity Shares") of P N Gadgil Jewellers Limited (The "Company" or the "Company" or the "Issuer") for cash at a price of (Rs)480 per equity share (including a premium of (Rs)470 per equity share) (the "Offer Price") aggregating to (Rs)1100.00 crores (the "Offer") comprising a fresh issue of 17,708,333 equity shares by our company aggregating to (Rs)850.00 crores (the "Fresh Issue") and an offer for sale of 5,208,333 equity shares aggregating to (Rs)250.00 crores (the "Offer for Sale") by SVG Business Trust (referred to as the "Promoter Selling Shareholder" and such equity shares offered by the promoter selling shareholder, the "Offered Shares"). The face value of the equity share is (Rs)10 each and the offer price is 48 times the face value of equity share.

Issue Money Payable On
Opens On Closes On Application Allotment
10-Sep-24 12-Sep-24 (Rs)480.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :31  Further Multiples of :31

  (Rs Cr) Lead Managers to the Issue
Project Cost 801.72
BOB Capital Markets Ltd
Project Financed through Current Offer 1100.00  
Post Issue Equity Share Capital 135.71  
Issue Price (Rs)480.00  
 
Projects
Funding expenditure towards setting up of 12 new storesGeneral corporate purposes
Repayment or pre-payment in full or part of certain borrowings availed by the company
Promoted By
Saurabh Vidyadhar Gadgil  
Radhika Saurabh Gadgil  
SVG Business Trust  
Listing At
BSE 
NSE 
Registrar to the Issue
Bigshare Services Pvt Ltd