PN Gadgil Jewellers IPO allotment status out. Latest GMP, steps to check allotment status online

  • PN Gadgil Jewellers IPO allotment status can be checked online by logging in at the BSE website or at Bigshare Services website

Ankit Gohel
Updated14 Sep 2024, 09:42 AM IST
PN Gadgil Jewellers IPO allotment date likely today; Latest GMP, steps to check allotment status online
PN Gadgil Jewellers IPO allotment date likely today; Latest GMP, steps to check allotment status online

PN Gadgil Jewellers IPO Allotment: The initial public offering (IPO) PN Gadgil Jewellers Ltd received strong demand from investors and the issue has been heavily oversubscribed. After three days of bidding, PN Gadgil Jewellers IPO allotment status has become public and applicants can now check their application status online.

Investors whose bids have been accepted will receive PN Gadgil Jewellers shares into their demat accounts on September 16, while the company will issue refunds to unsuccessful bidders on the same day.

Applicants can check PN Gadgil Jewellers IPO allotment status online through the BSE and NSE websites or the official portal of IPO registrar. Bigshare Services Pvt Ltd is the PN Gadgil Jewellers IPO registrar.

Also Read | Bajaj Housing Finance IPO allotment status out; here’s how to check status

PN Gadgil Jewellers IPO allotment status can be checked online by following few simple steps. Here are the steps to check PN Gadgil Jewellers IPO allotment status online:

PN Gadgil Jewellers IPO Allotment Status on BSE

Step 1] Visit IPO page on BSE website on this link -https://www.bseindia.com/investors/appli_check.aspx

Step 2] Select ‘Equity’ in the Issue Type

Step 3] Choose PN Gadgil Jewellers Limited in the Issue Name dropdown menu

Step 4] Enter Application No. or PAN

Step 5] Authenticate your identity and click on Search

Your PN Gadgil Jewellers IPO allotment status will be displayed on the screen.

Also Read | Bajaj Housing Finance IPO’s record subscription is ‘scary’, says Deepak Shenoy

Here are steps to check PN Gadgil Jewellers IPO allotment status on IPO registrar Bigshare Services website:

PN Gadgil Jewellers IPO Allotment Status on Bigshare Services

Step 1] Visit Bigshare Services website on this link -https://ipo.bigshareonline.com/ipo_status.html

Step 2] Select PN Gadgil Jewellers Limited in the Company Selection dropdown menu

Step 3] Choose among Application No., Beneficiary ID and PAN in the Selection Type

Step 4] Enter the details as per the option selected

Step 5] Enter the Captcha code and click on Search

Your PN Gadgil Jewellers IPO allotment status will be displayed.

PN Gadgil Jewellers IPO GMP Today

PN Gadgil Jewellers shares were commanding a decent premium in the unlisted market. PN Gadgil Jewellers IPO GMP today, or grey market premium today, was 292 per share, according to stock market observers. This indicated that PN Gadgil Jewellers shares were trading higher by 292 apiece than their issue price in the grey market.

The trends in PN Gadgil Jewellers IPO GMP today signal that the estimated PN Gadgil Jewellers IPO listing price would be 772 per share, a premium of 61% to the issue price of 480 per share.

Also Read | PN Gadgil Jewellers IPO subscribed 59.41 times on final day; check details here

PN Gadgil Jewellers IPO Details

PN Gadgil Jewellers IPO was open for subscription from September 10 to 12. PN Gadgil Jewellers IPO allotment date is today, September 13, and the IPO listing date is September 17. The equity shares of PN Gadgil Jewellers will be listed on both the stock exchanges, BSE and NSE.

The company raised 1,100 crore from the book-built issue which was a combination of fresh issue of 1.77 crore equity shares worth 850 crore and an offer-for-sale (OFS) component of 52.08 lakh shares worth 250 crore. The shares were sold at a price band of 456 to 480 per share in the IPO.

PN Gadgil Jewellers IPO was subscribed 59.41 times as the issue received bids for 100.31 crore shares as against 1.68 crore shares offered.

Also Read | PN Gadgil Jewellers’ IPO: A glittering prospect?

The retail investors’ segment was subscribed by 16.58 times, while the Non-Institutional Investors (NII) saw 56.09 times subscription. The Qualified Institutional Buyers (QIB) portion was booked 136.85 times.

Motilal Oswal Investment Advisors Ltd, Nuvama Wealth Management Ltd and BoB Capital Markets Ltd are the book running lead managers of the PN Gadgil Jewellers IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

PN Gadgil Jewellers is the second-largest among major organized jewellery players in Maharashtra based on the number of stores, as of January 2024.

Read all IPO news here

 

Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

MoreLess
First Published:14 Sep 2024, 09:42 AM IST
Business NewsMarketsIPOPN Gadgil Jewellers IPO allotment status out. Latest GMP, steps to check allotment status online

Most Active Stocks

Tata Steel share price

159.00
03:59 PM | 9 OCT 2024
-0.55 (-0.34%)

Indian Oil Corporation share price

164.75
03:58 PM | 9 OCT 2024
0.35 (0.21%)

Zee Entertainment Enterprises share price

128.90
03:58 PM | 9 OCT 2024
2.1 (1.66%)

Ashok Leyland share price

222.05
03:59 PM | 9 OCT 2024
-0.45 (-0.2%)
More Active Stocks

Market Snapshot

  • Top Gainers
  • Top Losers
  • 52 Week High

Divis Laboratories share price

5,972.90
03:29 PM | 9 OCT 2024
425.9 (7.68%)

Lloyds Metals & Energy share price

982.00
03:29 PM | 9 OCT 2024
52.2 (5.61%)

Cipla share price

1,681.05
03:48 PM | 9 OCT 2024
40.45 (2.47%)

Infosys share price

1,953.90
03:50 PM | 9 OCT 2024
5.4 (0.28%)
More from 52 Week High

Bank Of Maharashtra share price

54.79
03:56 PM | 9 OCT 2024
-2.22 (-3.89%)

Vodafone Idea share price

9.19
03:58 PM | 9 OCT 2024
-0.31 (-3.26%)

ITC share price

491.80
03:55 PM | 9 OCT 2024
-16.1 (-3.17%)

Tata Communications share price

1,950.15
03:52 PM | 9 OCT 2024
-54.95 (-2.74%)
More from Top Losers

Gujarat Ambuja Exports share price

142.45
03:59 PM | 9 OCT 2024
12 (9.2%)

RITES share price

324.60
03:56 PM | 9 OCT 2024
24 (7.98%)

Divis Laboratories share price

5,972.90
03:29 PM | 9 OCT 2024
425.9 (7.68%)

Torrent Power share price

1,935.20
03:52 PM | 9 OCT 2024
118.05 (6.5%)
More from Top Gainers

Recommended For You

    More Recommendations

    Gold Prices

    • 24K
    • 22K
    Bangalore
    77,455.000.00
    Chennai
    77,461.000.00
    Delhi
    77,613.000.00
    Kolkata
    77,465.000.00

    Fuel Price

    • Petrol
    • Diesel
    Bangalore
    102.86/L0.00
    Chennai
    100.85/L0.10
    Kolkata
    104.95/L0.00
    New Delhi
    94.72/L0.00

    Popular in Markets

      HomeMarketsPremiumInstant LoanMint Shorts