P N Gadgil Jewellers Limited IPO GMP, Price, Date, Allotment 2024

The P N Gadgil Jewellers Limited IPO date has not yet been confirmed. Read the post to learn about P N Gadgil Jewellers Limited IPO GMP.

P N Gadgil Jewellers Limited IPO is a fixed price issue of Rs(.). In FY2023, the P N Gadgil Jewellers Limited retail business was estimated to be worth around USD 70 billion. Within this  environment, organized retail  reckoned for  roughly 37, which included both  public and indigenous companies.

The unorganized  element, which included over 500,000 original goldsmiths and jewelers, remained dominant in the rest of the jewels retail industry. P N Gadgil Jewellers Limited IPO Today GMP is ₹[]. According to projections, the jewelry retail  request is  deposited for growth, with a value of  nearly USD 145 billion by FY 2028.  

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Key Details Of P N Gadgil Jewellers IPO:

P N Gadgil Jewellers Limited IPO Limited GMP

The P N Gadgil Jewellers Limited IPO Today GMP is ₹[].

P N Gadgil Jewellers Limited IPO Overview​

In FY 2023, the Indian jewelry retail business was estimated to be worth around USD 70 billion. Within this  environment, organized retail  reckoned for  roughly 37, which included both  public and indigenous companies. The fine jewelry member in India accounts for  roughly 90 of the total jewelry  request. It’s further divided into gold and non-gold  orders, with non-gold  orders including diamonds, platinum,  tableware, platinum, and other substances.  

 As of January 2024, we’re the second largest among the  crucial  systematized jewelry companies in Maharashtra in terms of the number of stores in the state, which is India’s largest  request for BIS- registered outlets. We’re also the fastest rising jewelry brand among India’s top organized jewelry businesses, as measured by  profit growth between financial 2021 and financial 2023.   

We achieved an EBITDA growth rate of 56.50 between financial 2021 and financial 2023, which is among the  topmost among India’s leading organized jewelry businesses.We also endured the largest rise in ROE between Fiscal 2021 and financial 2023, as well as the loftiest  profit per square  foot in financial 2023, among India’s leading organized jewelry companies.  

P N Gadgil Jewellers Limited History of the Equity share capital of the Company:

Date of allotment	Nature of allotment	Details of allottees/ shareholders and Equity Shares allotted	Number of equity shares alloted	Face value per equity share (₹)	Issue Price per Equity share (₹)
October 25, 2013	Initial subscription to the Memorandum of Association	1.000 Equity Shares were allotted to Anant Ganesh Gadgil, 18,000 Equity Shares were allotted to Vidyadhar Anant Gadgil, 55,000 Equity Shares were allotted to Saurabh Vidyadhar Gadgil, and 26,000 equity shares were allotted to Parag Yashwant Gadeil	100,000	10	10
August 23, 2014	Rights Issue in the ratio of 1:455*	25,480,000 Equity Shares were allotted o Saurabh Vidyadhar Gadgil, 11,830,000 Equity Shares were allotted to Parag Yashwant Gadgil, and 8,190,000 Equity Shares were allotted to Vidyadhar Anant Gadgil	45,500,000	10	10
December 7, 2015	Rights issue in the ratio of 19:4*	5376,000 Equity Shares were allotted to Saurabh Vidyadhar Gadgil, 2,496,000 Equity Shares were allotted to Parag Yashwant Gadgil, and 1,728,000 Equity Shares were allotted to Vidyadhar Anant Gadgil	9,600,000	10	Not Applicable
January 10, 2024	Conversion of CCNPS	62.800,000 Equity Shares allotted to SVG Business Trust	62.800,000	10	Not Applicable

P N Gadgil Jewellers Limited IPO Assets Information

Particulars	As at September 30, 2023	As at March 31, 2023	As at March 31, 2022
ASSETS
Non-current assets
Property, plant and equipment	1,399.96	1,415.06	1,429.07
Capital work-in-progress	35.16	35.16	35.16
Right to use assets	495.66	404.36	415.66
Goodwill	337.08	253.28	415.02
Other Intangible assets	9.76	10.69	75.28
Intangible assets under development
Financial Assets
Investments	11.53	11.53	11.53
Other financial assets	75.71	71.18	60.43
Other non-current assets	–	–	–
Total Non-Current Asset	2,364.86	2,201.26	2,442.15
Current assets
Inventories	7,751.92	5,968.83	7,035.41
Financial Assets
Trade receivables	449.88	394.99	288.16
Cash and cash equivalents	244.08	175.64	123.83
Other bank balances	513.84	352.67	328.97
Loans	47.33	1.64	14.92
Other financial assets	8.04	5.72	8.37
Current tax assets (net)	8.56	39.56	–
Other current assets	1,261.44	1,485.21	$60.57
Total Current Asset	10,285.09	8,424.26	8,660.23
Total Assets	12,649.95	10,625.52	11,102.38

P N Gadgil Jewellers Limited IPO Liabilities

EQUITY AND LIABILITIES
Equity share capital	552.00	552.00	552.00
Instruments entirely equity in nature	628.00	628.00	628.00
	1,180.00	1,180.00	1,180.00
Other equity	3,077.88	2,555.26	1,912.20
Equity attributable to owners of the	4,257.88	3,735.26	3,092.20
Company
Non-controlling interest	–	(77.92)	(272.07)
Total Equity	4,257.88	3,657.34	2,820.13
Liabilities
Non-current liabilities
Financial liabilities
Borrowings	938.33	1,053.36	764.55
Lease liabilities	392.18	312.59	325.96
Other Financial liabilities	39.62	39.53	33.28
Provisions	21.18	19.21	16.06
Deferred tax liabilities (net)	73.12	64.24	56.28
Other non-current liabilities	0.63	0.63	0.63
Total Non-Current Liabilities	1,465.06	1,489.56	1,196.76
Current liabilities
Financial liabilities
Borrowings	2,358.70	1,778.74	2,184.79
Lease liabilities	109.10	96.72	80.56
Trade payable
Due to micro and small enterprise
Due to others	1,816.63	1,317.46	1,697.35
Other financial liabilities	38.19	52.06	54.09
Provisions	128.39	29.51	24.35
Current tax liabilities (net)	–	–	87.49
Other current liabilities	2,476.00	2,204.13	2,956.86
Total Current Liabilities	6,927.01	5,478.62	7,085.49
Total Equity and Liabilities	12,649.95	10,625.52	11,102.38

Company Profile​

IPO Strengths

• The specialty gases and fluorochemicals sector in India has numerous opportunities for development and expansion.
• As fluorochemicals are improved and refined, much attention has been paid to their product performance, ozone depletion potential (ODP), and global warming potential (GWP).
• Fluorochemicals have undergone multiple product generations of development. Chlorofluorocarbons (CFCs), the first generation of fluorochemicals used as blowing agents and refrigerants, have being phased out globally because of their catastrophic harm to the ozone layer.

IPO Weakness

• There is some risk involved with investing in stocks and securities. Investors who are not ready to take the chance of losing their money shouldn’t take part in the Offer.
• Before deciding to invest in the Offer, investors are advised to carefully consider the risk aspects.
• Investors must consider all relevant factors when making an investment decision, including our Company’s and the Offer’s risks.

P N Gadgil Jewellers Limited IPO FAQs