P N GADGIL JEWELLERS LIMITED

P N Gadgil Jewellers IPO is open for subscription starting Tuesday, Sep 10, 2024 and closing on Thursday, Sep 12, 2024. The price of this upcoming IPO is decided at Rs 456 to Rs 480 per share.  The minimum lot size for the retail category is 31 shares. The minimum lot size for small NII is 14 lots consisting of 434 shares. Meanwhile, the minimum lot for big non-institutional investors is 68 lots with 2,108 shares.  The minimum investment required for retail category investors is Rs 14,880 (480 x 31 shares). However, for small non-institutional investors, the minimum investment amount required is Rs 2,08,320 (480 x 434 shares); for big non-institutional investors, it is Rs 10,11,880 (480 x 2,108 shares).  P N Gadgil Jewellers IPO is a book-built issue of Rs 1,100 crores. This issue is a combination of fresh issue and offer-for-sale. The fresh issue is of Rs 1.77 crore equity shares amounting to Rs 850 crores. The offer-for-sale is of 0.52 crore equity shares amounting to Rs 250 crores.  The allotment for this IPO is expected to be finalised on Friday, September 13, 2024.  P N Gadgil Jewellers Limited's IPO will be listed on both the exchanges BSE and NSE, and the listing date is fixed for Tuesday, September 17, 2024.  Motilal Oswal Investment Advisors Limited, Nuvama Wealth Management Limited and Bob Capital Markets Limited is the book-running lead manager of P N Gadgil Jewellers Limited. Bigshare Services Private Limited is the registrar for this new IPO.