P N Gadgil Jewellers IPO
Gold Jewellery - Listed on 17 September 2024
P N Gadgil Jewellers IPO listing summary
P N Gadgil Jewellers (Gold Jewellery) closed its IPO window in 2024 and listed on NSE and BSE on 17 September 2024 at an upper band issue price of Rs 480, opening at Rs 793.3 for a listing gain of +65.3% and closing day one at Rs 793.3 (+65.3% on closing basis). The IPO was subscribed 59.41x overall - QIB 136.85x, HNI/NII 56.08x, Retail 16.58x. The total issue size was Rs 1,100 Cr (Fresh Issue Rs 850 Cr, OFS Rs 250 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
P N Gadgil Jewellers IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 175 | +41.67% |
| Day 2 | Rs 200 | +47.92% |
| Day 3 | Rs 225 | +52.08% |
| Day 4 | Rs 240 | +58.33% |
| Day 5 | Rs 250 | +62.50% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the P N Gadgil Jewellers IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
P N Gadgil Jewellers IPO - FAQs
What was the listing gain of P N Gadgil Jewellers IPO?
P N Gadgil Jewellers IPO listed at +65.3% versus the upper issue price of Rs 480 on 17 September 2024.
How many times was P N Gadgil Jewellers IPO subscribed?
P N Gadgil Jewellers IPO was subscribed 59.41x overall. QIB portion was subscribed 136.85x, HNI / NII 56.08x and Retail 16.58x.
What was the IPO GMP for P N Gadgil Jewellers?
IPO GMP started at Rs 175 on Day 1 and moved to Rs 250 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.