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.

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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

1,100.00 Cr.

Issue Type

Book Built

Open

2024-09-10

Close

2024-09-12

Listing price

₹ 830

Listing Gain

72.92%

Listing Date

2024-09-17

CMP

₹ 585.05

Current Return

21.89%

PN Gadgil Jewellers Ltd. News

P N Gadgil Jewellers gets nod for additional investment in PNG Jewelers INC21 Sep 2026, 10:50AM P N Gadgil Jewellers informs about board meeting12 Sep 2026, 11:11AM P N Gadgil Jewellers informs about outcome of board meeting 20 Aug 2026, 5:35PM P N Gadgil Jewellers gets nod to acquire 100% stake in Silvostyle Jewellers20 Aug 2026, 4:58PM P N Gadgil Jewellers trades higher on the BSE 17 Aug 2026, 11:07AM P N Gadgil Jewellers opens new store in Gurugram17 Aug 2026, 10:39AM P N Gadgil Jewellers rises on launching first YOOU flagship store in Pune10 Aug 2026, 10:50AM P N Gadgil Jewellers launches first YOOU flagship store in Pune10 Aug 2026, 9:58AM P N Gadgil Jewellers informs about outcome of committee meeting4 Aug 2026, 5:31PM PN Gadgil Jewellers - Quaterly Results28 Jul 2026, 12:00AM P N Gadgil Jewellers informs about press release27 Jul 2026, 5:36PM P N Gadgil Jewellers informs about quarterly update 7 Jul 2026, 4:56PM P N Gadgil Jewellers informs about updates15 May 2026, 9:31AM P N Gadgil Jewellers informs about updates8 Apr 2026, 2:29PM P N Gadgil Jewellers surges as its revenue jumps over two-fold in March quarter8 Apr 2026, 12:51PM P N Gadgil Jewellers’ revenue jumps over two-fold in March quarter8 Apr 2026, 12:39PM PN Gadgil Jewellers informs about press release28 Mar 2026, 12:11PM PN Gadgil Jewellers opens two new stores in Maharashtra23 Mar 2026, 11:29AM P N Gadgil Jewellers informs about press release 20 Mar 2026, 4:24PM P N Gadgil Jewellers surges on opening new store in Pune19 Mar 2026, 10:54AM

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 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Net Sales 2464.59 4398.11 6032 7630.55 10640.74
Total Expenditure 2367.24 4272.58 5763.67 7290.09 10037.76
Operating Profit 97.35 125.53 268.33 340.46 602.98
Other Income 9.45 5.63 5.7 23.88 87.97
Interest 31.53 32.88 44.4 42.03 89.79
Depreciation 19.36 18.89 21.2 32.78 55.09
Exceptional Items 0 0 0 0 -3.39
Profit Before Tax 55.92 79.39 208.43 289.53 542.67
Provision for Tax 15.88 24.1 54.24 74.65 141.63
Net Profit 40.04 55.29 154.19 214.88 401.04
Adjusted EPS (Rs.) 0.73 1 1.31 1.58 2.96

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity and Liabilities
Share Capital 118 118 118 135.71 135.71
Total Reserves 227.02 282.31 433.89 1432.88 1836
Borrowings 69.33 95.61 84.16 0.02 0
Other N/C liabilities 61.16 36.32 51.88 95.12 136.46
Current liabilities 666.29 567.83 819.12 1588.03 2946.96
Total Liabilities 1141.8 1100.07 1507.04 3251.76 5055.13
Assets
Net Block 177.87 173.41 199.42 280.06 370.52
Capital WIP 3.59 3.52 3.52 3.52 0
Intangible WIP 0 0 0 0 0
Investments 56.51 46.34 46.14 53.8 53.42
Loans & Advances 32.99 7 7.18 41.82 45.38
Other N/C Assets 0 3.64 3.79 100.37 136.44
Current Assets 870.84 866.16 1247 2772.2 4449.37
Total Assets 1141.8 1100.07 1507.04 3251.76 5055.13
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Other Income 12.84 35.74 27.31 31.25 10.02
Profit Before Tax 91.42 109.55 223.12 118.59 138.07
Tax 23.3 29.84 56.85 31.64 35.22
Profit After Tax 68.11 79.7 166.27 86.95 102.86
Adjusted EPS (Rs) 5.02 5.87 12.25 6.41 7.58

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jun 2026 83.11 0
Mar 2026 83.11 0
Dec 2025 83.11 0
Sep 2025 83.11 0
Jun 2025 83.11 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Profit from operations 55.92 79.39 208.43 289.53 542.67
Adjustment 46.02 100.45 64.91 57.65 106.34
Changes in Assets & Liabilities -63.59 -37.05 -238.74 -952.62 -1150.63
Tax Paid -9.64 -36.29 -37.95 -83.22 -133.39
Operating Cash Flow 28.71 106.49 -3.36 -688.67 -635.02
Investing Cash Flow -18.18 -58.84 -38.66 -417.39 -53.47
Financing Cash Flow -5.89 -47.13 52.02 1171.61 637.09
Net Cash Flow 4.64 0.53 10.01 65.55 -51.4
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