PN Gadgil Jewellers Ltd. IPO

PN Gadgil Jewellers Limited is a leading jewellery brand in India with a strong presence in Maharashtra. The company offers a wide range of gold, silver, platinum, and diamond jewellery, catering to various customer needs and preferences. With a rich heritage dating back to 1832, PNG has built a strong brand recall and customer loyalty. The company operates through a network of retail stores and online platforms, providing both in-store and digital shopping experiences. PNG's focus on quality, customer service, and innovative designs has contributed to its growth and success in the Indian jewellery market.

RHP
View
DRHP
View
Open Date

2024-09-10

Close Date

2024-09-12

PN Gadgil Jewellers Ltd. IPO Details

Check out the issue details for PN Gadgil Jewellers Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 480

Price Band

₹ 456 - 480

Issue Size

1100 Cr.

Issue Type

Book Built

Open

2024-09-10

Close

2024-09-12

Listingprice

₹ 830

ListingGain

72.92%

Listing Date

2024-09-17

CMP

₹ 706.4

Current Return

47.17%

PN Gadgil Jewellers Ltd. News

PN Gadgil Jewellers - Quaterly Results12 Nov, 4:26PM PN Gadgil Jewellers - Quaterly Results12 Nov, 4:26PM PN Gadgil Jewellers - Quaterly Results12 Nov, 4:26PM P N Gadgil Jewellers informs about certificate11 Oct, 5:16PM PN Gadgil Jewellers opens new store in Mumbai9 Oct, 11:30AM PN Gadgil Jewellers opens new store in Mumbai8 Oct, 10:59AM PN Gadgil Jewellers opens new store in Pune7 Oct, 9:50AM PN Gadgil Jewellers - Quaterly Results5 Oct, 7:44PM PN Gadgil Jewellers - Quaterly Results5 Oct, 7:44PM PN Gadgil Jewellers opens new store in Nashik5 Oct, 5:34PM P N Gadgil Jewellers informs about credit rating27 Sep, 5:23PM P N Gadgil Jewellers informs about disclosure 21 Sep, 12:20PM P N Gadgil Jewellers coming with IPO to raise Rs 1157.89 crore9 Sep, 3:59PM

Company Financials

You can get the following financial statements of PN Gadgil Jewellers Ltd. as of now.

Exchange

NSE: PNGJL BSE: 544256

  Profit Loss
  Balance Sheet
  Quarterly
  Shareholding
  Cash Flow

The details about the P N Gadgil Jewellers IPO (PNG Jewellers IPO) are as:

  • The issue size of the IPO is 1100 Cr.
  • The price band for P N Gadgil Jewellers IPO (PNG Jewellers IPO) is Rs 456 to Rs 480.
  • The shares of P N Gadgil Jewellers IPO (PNG Jewellers IPO) will list on 17th September 2024.
  • The latest tentative GMP of P N Gadgil Jewellers IPO (PNG Jewellers IPO) is Rs 330.
  • The shares of P N Gadgil Jewellers IPO (PNG Jewellers IPO) are subscribed 59.41 Times as of 12th September 2024.

 

P N Gadgil Jewellers IPO (PNG Jewellers IPO) Valuation

The approx valuation of P N Gadgil Jewellers IPO (PNG Jewellers IPO) based on its price band and DRHP (prospectus) is:

Particulars Value
Upper Price Band Rs 480
Existing Shares (Qty) 11.80 Cr
Fresh Issue 850 Cr
Market Cap 6514 Cr
EPS (FY24) Rs 21.59
PE Ratio 22.23x
Industry PE 63.31x

 

P N Gadgil Jewellers IPO (PNG Jewellers IPO) Issue Size

P N Gadgil Jewellers IPO (PNG Jewellers IPO) issue size is 1100 Cr. 

Issue Amount
Fresh Issue 850 Cr
Offer For Sale 250 Cr

 

P N Gadgil Jewellers IPO (PNG Jewellers IPO) Market Lot

An Individual can apply for a minimum 1 lot of 31 shares and a maximum of 13 lots of 403 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 31 Rs 14,880
 Maximum 13 403 Rs 1,93,440

 

P N Gadgil Jewellers IPO (PNG Jewellers IPO) share offer

The shares of P N Gadgil Jewellers IPO (PNG Jewellers IPO) are subscribed 59.41 Times as of 12th September 2024. The category-wise shares subscribed are as follows:

Category % Offered Subscription
Qualified Institutional Maximum 50% 136.85 Times
Non-Institutional Minimum 15% 56.08 Times
Retail Individual Minimum 35% 16.58 Times
Total   59.41 Times

Find below the dates for P N Gadgil Jewellers IPO (PNG Jewellers IPO):

Schedule Date
Basis of Allotment 13 September 2024
Refunds 16 September 2024
Credit to Demat Account 16 September 2024
IPO Listing Date 17 September 2024

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023
Net Sales 1801.51 2464.59 4396.67
Total Expenditure 1745.86 2367.24 4272.58
Operating Profit 55.65 97.35 124.09
Other Income 22.71 9.45 7.07
Interest 33.86 31.53 32.19
Depreciation 23.68 19.36 18.89
Exceptional Items 0 0 0
Profit Before Tax 20.82 55.92 80.08
Provision for Tax 13.32 15.88 24.79
Net Profit 7.49 40.04 55.29
Adjusted EPS (Rs.) 0.14 0.73 1

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 118 118 118
Total Reserves 186.93 227.02 282.31
Borrowings 37.51 69.33 95.61
Other N/C liabilities 49.44 61.16 77.23
Current liabilities 655.33 666.29 526.92
Total Liabilities 1047.21 1141.8 1100.07
Assets
Net Block 183.56 177.87 173.41
Capital WIP 3.52 3.59 3.52
Intangible WIP 0 0 0
Investments 56.65 56.51 46.34
Loans & Advances 27.51 32.99 62.05
Other N/C Assets 0 0 0
Current Assets 775.98 870.84 814.75
Total Assets 1047.21 1141.8 1100.07
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2024 Sep 2024
Other Income 1.84 5.44
Profit Before Tax 47.24 43.16
Tax 12.37 10.76
Profit After Tax 34.87 32.39
Adjusted EPS (Rs) 2.96 2.39

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 83.11 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023
Profit from operations 20.82 55.92 80.08
Adjustment 51.63 46.02 100.45
Changes in Assets & Liabilities 47.88 -63.59 -37.05
Tax Paid -7.03 -9.64 -36.98
Operating Cash Flow 113.31 28.71 106.49
Investing Cash Flow -30.07 -18.18 -58.84
Financing Cash Flow -87.79 -5.89 -47.13
Net Cash Flow -4.55 4.64 0.52
X