What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of P N Gadgil Jewellers Limited IPO?

P N Gadgil Jewellers Limited IPO has received a total subscription of 62.53 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

P N Gadgil Jewellers Limited

ListedMainboard

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

₹303.5

+63.2%

Est. Listing

₹783.5

at current GMP

Subscribed

62.53x

overall

Open

10 Sep 2024

12 Sep 2024

Allotment

13 Sep 2024

Refund

14 Sep 2024

Demat Credit

15 Sep 2024

Listing

17 Sep 2024

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

62.53x

Total Demand

QIB Multiplier

144.05x

Institutions & Funds

NII / HNI

59.04x

High Net-Worth

Retail (RII)

17.45x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 62.53x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	4,583,333	660,226,623	144.05x
NIB	3,437,500	202,940,043	59.04x
HNIs(10L +)	2,291,666	142,591,227	62.22x
HNIs (2-10L)	1,145,834	60,348,816	52.67x
RETAIL	8,020,834	139,986,607	17.45x
Total	19,479,167	1,206,093,316	62.53x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 14.95x

Category	Applications Reserved	Applications Received	Times Subscribed
HNIs(10L +)	5,280	65,084	12.33x
HNIs (2-10L)	2,640	130,704	49.51x
RETAIL	258,736	3,791,982	14.66x
Total Applications	266,656	3,987,770	14.95x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About P N Gadgil Jewellers Limited Public Issue & Market Profile

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.

Bidding & Quota Instructions:

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.

Allotment Reconciliation Schedule:

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.

Frequently Asked Questions

What is P N Gadgil Jewellers Limited IPO GMP today?

The latest Grey Market Premium (GMP) for P N Gadgil Jewellers Limited IPO is ₹303.5 per equity share. Based on the upper price band of ₹456 to ₹480 per equity share, the estimated listing price is ₹783.5 (+63.2% expected listing gain).

What is the expected profit per lot for P N Gadgil Jewellers Limited IPO?

With a lot size of 31 shares and current GMP of ₹303.5, the expected profit per application lot is approx ₹9,408.5 (+63.2% gain). Minimum application cost is approx ₹14,880.

What is the issue size and price band for P N Gadgil Jewellers Limited IPO?

The P N Gadgil Jewellers Limited IPO aggregate issue size is ₹1,100 Crores with an equity price band set at ₹456 to ₹480 per equity share. The retail lot size is 31 shares requiring a minimum capital outlay of approx. ₹14,880.

How can I check P N Gadgil Jewellers Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 62.53x (Retail: 17.45x, QIB: 144.05x, NII: 59.04x). You can track live multiples directly on our dedicated subscription page.

Where and when will P N Gadgil Jewellers Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2024-09-13. Investors can verify status using PAN card or application number.

When is the listing date for P N Gadgil Jewellers Limited IPO?

P N Gadgil Jewellers Limited shares are scheduled to list on NSE and BSE on 2024-09-17.