
Consumer Discretionary / Lifestyle · NSE / BSE
P N Gadgil Jewellers Limited, established in 2013, offers a wide range of gold, silver, platinum, and diamond jewelry under its well-known “PNG” brand. By December 31, 2023, the company had expanded to 33 stores—32 located across 18 cities in Maharashtra and Goa, and one in the US—covering a total retail area of 95,885 sq. ft. Operating through both company-owned and FOCO models, the stores range from large to small formats to cater to different markets. The brand offers 8 gold jewelry sub-brands, 2 diamond collections, and 2 platinum collections, along with customized jewelry services. As of September 30, 2023, the company employed 1,152 people.
Price Band
₹456 – ₹480
Issue Size
₹1100 Cr
Lot Size
31 shares
GMP
+63.2%
Est. Listing
₹783.5
at current GMP
Subscribed
62.53x
overall
Open
10 Sep 2024
Close
12 Sep 2024
Allotment
13 Sep 2024
Refund
14 Sep 2024
Demat Credit
15 Sep 2024
Listing
17 Sep 2024
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹480
Band: ₹456 – ₹480
Estimated Listing Price
₹783.5
Upper price + GMP
Lot Size
31 shares
Min investment ₹14,880
Estimated Profit / Lot
₹9,408.5
31 × ₹303.5
Grey Market Premium trend
+₹303.5
▲ 0 today
Updated 1 minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹303.5 | 63.2% | ₹783.5 |
| 30 Oct 2026 | +₹303.5 | 63.2% | ₹783.5 |
| 29 Oct 2026 | +₹273 | 56.9% | ₹753 |
GMP is unofficial market data. Not a guarantee of listing performance.
P N Gadgil Jewellers Limited is bringing an initial public offering (IPO) in the Consumer Discretionary / Lifestyle sector with an aggregate issue size of ₹1,100 Crores. The shares are offered at a price band of ₹456 to ₹480 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2024-09-12, the basis of allotment is scheduled to be finalized on 2024-09-13. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
The latest grey market premium for P N Gadgil Jewellers Limited IPO is ₹303.5, which indicates an expected listing price of ₹783.5.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.