PN Gadgil Jewellers Ltd.
Issue Open Date 10-Sep-24  
Issue Closing Date 12-Sep-24  
Application Money 100  
Allotment Money  
Price Band () 456 - 480  
Minimum Bid Quantity. 31  
Issue Size (Shares) 16885964  
Market Lot 1  
Objective

1. Funding expenditure towards setting-up of 12 new stores in Maharashtra (“New Stores”) 2. Repayment or pre-payment, in full or part, of certain borrowings availed by our Company and3. General corporate purposes.

Business Description

We are the second largest among the prominent organised jewellery players in Maharashtra, in terms of the number of storesas on January, 2024, which is the largest market for BIS-registered outlets in India (Source: Technopak Report). We are alsothe fastest growing jewellery brand amongst the key organised jewellery players in India, based on the revenue growthbetween Fiscal 2021 and Fiscal 202...

Promoter's Holding
Total Share Capital   118000000  
Offered to Public   16885964  
Promoter's Holding (Pre-Issue)   100  
Promoter's Holding (Post-Issue)   83.11  
Address
Address :694
Narayan Peth

City :Pune, State :Maharashtra Pincode :411030 Phone :020-24478474 Email : secretarial@pngadgil.com Website : www.pngjewellers.com
Registrar
Bigshare Services Pvt Ltd
Office No S6-2
6th Floor
Pinnacle Business Park
Next to Ahura Centre
Mahakali Caves Road
Andheri (E)
Mumbai
Listed at
BSE, NSE
Lead Manager
BOB Capital Markets Ltd
Motilal Oswal Investment Advisors Pvt Ltd
Nuvama Wealth Management Ltd.
Promoters
Radhika Saurabh Gadgil
Saurabh Vidyadhar Gadgil
SVG Business Trust

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