PNG Jewellers IPO: How To Check Allotment Status, Check Key Details Here

The allotment of PN Gadgil Jewellers IPO is likely to be finalised today ( September 13, 2024). Earlier, the 3-day subscription window was concluded on September 12, 2024. The IPO of PN Gadgil Jewellers received a strong response from investors and it was subscribed 59.4 times amid demand from qualified institutional buyers. Investors are expected to receive shares on a lottery basis and the entire process was controlled by the registrar. It is worth mentioning that on allotment date, investors will discover the number of shares allotted to them as against the bids made.

The Rs 1100 crore IPO obtained bids for 1,00,31,53,273 shares as against 1,68,85,964 shares on offer, as per data available on NSE. The Qualified Institutional Buyers (QIBs) quota managed to fetch 136.85 subscription and non-institutional investors got subscribed 56.09 times. Meanwhile, Retail Individual Investors (RIIs) garnered 16.58 times subscription.

On day 2 of the subcriptio, PN Gadgil Jewellers IPO was subscribed 6.90 times. It got fully subscribed in just a few hours of opening for bidding on Tuesday and closed the day with 2-time subscription.

The IPO comprised of a fresh issue of equity shares approximately Rs 850 crore and an offer for sale (OFS) of equity shares of upto Rs 250 crore by promoter SVG Business Trust.

The allotment for PN Gadgil Jewellers IPO is expected to be finalised today i.e. September 13. PN Gadgil Jewellers' shares are likely to be listed on the BSE and NSE on September 17 as that is the tentative listing date.

Soon after the allotment has been finalized, traders can check allotment status on BSE, NSE, and Bigshare Services Pvt. Ltd. Below are the links that will be helpful in checking the allotment status of PN Gadgil Jewellers IPO directly:

- PN Gadgil Jewellers IPO Allotment status on Link Intime India:https://ipo.bigshareonline.com/IPO_Status.html#google_vignette

- PN Gadgil Jewellers IPO Allotment status on NSE: https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp

- PN Gadgil Jewellers IPO Allotment status on BSE: https://www.bseindia.com/investors/appli_check.aspx

Check PN Gadgil IPO Allotment On Bigshare Services:

Open the website of Bigshare Services (https://ipo.bigshareonline.com/IPO_Status.html)

Choose any server for checking your IPO Allotment Status

Now select PN Gadgil Jewellers Limited from companies's list available.

Under Selection Type dropdown, select either Application Number, Beneficiary ID, or PAN ID.

Fill necessary details that may include your PAN (Permanent Account Number), Application Number, or even the Beneficiary ID.

Now you must complete 'captcha' and click the search button to check your allotment status.

Check PNG Jewellers IPO Allotment Status On BSE

You need to open BSE IPO allotment page (https://www.bseindia.com/investors/appli_check.aspx)

Choose Equity

Select PN Gadgil Jewellers Limited' from Issue Name dropdown menu

Fill your PAN (Permanent Account Number) or Application number

Complete 'Captcha' and press on search button to check your allotment status

PN Gadgil Jewellers IPO grey market premium (GMP) today: PN Gadgil Jewellers shares managed to command a robust premium in the grey markets on September 13, 2024. A stellar listing is likely for PN Gadgil Jewellers shares on the NSE and BSE.

After the allotment, PN Gadgil Jewellers shares are likely to make their debut on BSE and NSE on September 17, 2024. If the current trends of grey market managed to sustain, PN Gadgil Jewellers shares are expected to list around Rs 813, a premium of approximately 70% from the upper band of the issue price.

About PN Gadgil Jewellers: P. N. Gadgil & Sons Ltd. is one of the oldest and most reputed Jewellers in Maharashtra. It has a legacy of over six generations that is built on trust, excellence and a warm relationship with the customers and the society. Apart from purity and transparency, P. N. Gadgil & Sons Ltd. is known for excellence in craftsmanship. For P. N. Gadgil & Sons Ltd. all customers are equal irrespective of purchase. Our focus on innovation and on changing with the times has kept us at the forefront of jewellery retail sector in Maharashtra, according to its official website.