PN Gadgil Jewellers
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TFW Bureau Oct 11, 2024 - 1 min readThe Rs 1,100 crore initial share sale received bids for 3,38,86,720 shares against 1,68,85,964 shares on offer, translating into 2.01 times subscription, according to the NSE data. The portion for non-institutional investors got booked 3.26 times and the quota for Retail Individual Investors (RIIs) received 2.61 times subscription. The Qualified Institutional Buyers (QIBs) part got ...
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TFW Bureau Sep 06, 2024 - 1 min readPN Gadgil Jewellers said it aims to raise Rs. 11 billion or $131 mn through an initial public offering next week as it seeks funds to expand retail store network and repay debt. The IPO comprises a fresh issue of equity shares of upto Rs. 8.5 mn and an offer for sale of shares worth ...
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Beny Sachdeva Mar 06, 2024 - 6 min readThe expansion plans for the new year shines bright for most of the organized jewellery brands in India. The upsurge in growing affluence and changing consumer preferences, e-commerce and digital transformation, international expansion opportunities, investor friendly business model & brand innovation has lead to the growth of jewellery industry in India. The year 2024 too ...