PN Gadgil loses luster after solid debut; stock down 17% from record high
PN Gadgil Jewellers shares extended losses for thirds straight session after a stellar D-Street debut19-09-2024
PN Gadgil loses luster after solid debut; stock down 17% from record high
PN Gadgil Jewellers shares extended losses for thirds straight session after a stellar D-Street debutPN Gadgil Jewellers stock debuts at a premium of 72.9% on NSE
The offer was a fresh issue of 850 crore and an offer for sale of 250 crore. The company had a market capitalization of 10,692.5 crore at close on Tuesday.P N Gadgil Jewellers Ltd - 544256 - Closure of Trading Window
Intimation of Trading Window closure.P N Gadgil Jewellers Ltd - 544256 - Listing of Equity Shares of P N Gadgil Jewellers Ltd
Trading Members of the Exchange are hereby informed that effective from September 17, 2024, the equity shares of P N Gadgil Jewellers Ltd (Scrip Code: 544256) are listed and admitted to dealings on the Exchange in the list of ''B'' Group Securities. For further details please refer to the notice no. 20240916 dated September 16, 2024.Investors subscribe PN Gadgil's IPO two times offer size on day 1
The initial public offer of jewellery retail chain PN Gadgil Jewellers Ltd got fully subscribed within a few hours of opening for bidding on Tuesday and ended the day with a two-time subscription. The Rs 1,100 crore initial share sale received bids for 3,38,86,720 shares against 1,68,85,964 shares on offer, translating into 2.01 times subscription, according to the NSE data. The portion for non-institutional investors got booked 3.26 times and the quota for Retail Individual Investors (RIIs) received 2.61 times subscription. The Qualified Institutional Buyers (QIBs) part got subscribed 1 per cent. PN Gadgil Jewellers Ltd on Monday said it has raised Rs 330 crore from anchor investors. The initial public offering (IPO) will conclude on September 12. The price band for the offer has been fixed at Rs 456-480 per share. The Maharashtra-based company's IPO is a combination of a fresh issue of equity shares worth up to Rs 850 crore and an offer for sale (OFS) of equity shares to the tunPN Gadgil Jewellers IPO: Top brass on 'Peshwa route' and how it became a legacy jeweller in Maharashtra
ET Markets, in an exclusive episode of IPO TALK, spoke with Saurabh Gadgil, Managing Director of PN Gadgil Jewellers, to understand how well the company is positioned at this point and what are the prospects.