PN Gadgil Jewellers IPO: Your Guide to Essential Insights
Friday, 6 September 2024, 03:52
PN Gadgil Jewellers IPO: Opening Details
The initial public offering (IPO) of PN Gadgil Jewellers is scheduled to commence on September 10, 2024, and conclude on September 12, 2024.
Pricing and Share Information
- The IPO pricing band is set at ₹456 to ₹480 per equity share.
- This IPO consists of a book-built issue valued at ₹1,100.00 crores.
- The offer includes a sale of 0.52 crore shares worth ₹250.00 crores and a new issuance of 1.77 crore shares worth ₹850.00 crores.
- Retail investors must apply for a minimum lot of 31 shares, translating to an investment of at least ₹14,880.
Allotment and Listing
Allotment for the PN Gadgil Jewellers IPO is anticipated on September 13, 2024, with the expected listing date on the BSE and NSE set for September 17, 2024.
IPO Objectives
PN Gadgil Jewellers aims to utilize the net proceeds for opening 12 new stores across Maharashtra.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.