PN Gadgil Jewellers IPO: PN Gadgil Jewellers, a renowned name in the Indian jewellery market, has recently launched its Initial Public Offering (IPO), attracting significant investor attention. As of today, September 13, the company is expected to finalize the basis of allotment. Investors are eagerly awaiting the IPO allotment results, and the Grey Market Premium (GMP) remains a key indicator of market sentiment around this IPO.
Table of Contents
PN Gadgil Jewellers IPO Allotment Status – How to Check Online
If you have applied for the PN Gadgil Jewellers IPO, there are several ways to check the status of your allotment. You can either visit the BSE (Bombay Stock Exchange) website or check through Bigshare Services, the official registrar for this IPO.
Steps to Check PN Gadgil Jewellers IPO Allotment Status Online
- Visit the official website: You can check your allotment status on either the BSE or Bigshare Services website.
- Enter your details: Provide your PAN number, application number, or DP client ID, depending on the platform.
- Submit and view status: Once you’ve entered the required details, submit the information to view the allotment status.
Let’s explore the two main platforms where you can check the allotment status in detail.
PN Gadgil Jewellers IPO Allotment Status on BSE
The Bombay Stock Exchange (BSE) provides an easy way for investors to check their allotment status.
Steps to Check on BSE:
- Go to the official BSE website.
- Click on “Equity” under the “Status of Issue Application” section.
- Select PN Gadgil Jewellers IPO from the dropdown menu.
- Enter your application number or PAN along with your DP client ID.
- Click on the “Search” button to view your allotment status.
PN Gadgil Jewellers IPO Allotment Status on Bigshare Services
Bigshare Services is the registrar for the PN Gadgil Jewellers, and you can check your allotment status on their official website.
Steps to Check on Bigshare Services:
- Visit the Bigshare Services website.
- Select PN Gadgil Jewellers IPO from the list of available IPOs.
- Enter your application number, PAN, or DP client ID.
- Click “Submit” to check your allotment status.
PN Gadgil Jewellers IPO GMP Today
Grey Market Premium (GMP) is an informal trading indicator that reflects the potential listing price of an IPO. As of today, the PN Gadgil Jewellers GMP is fluctuating based on market demand and interest. While the exact GMP value changes frequently, current trends suggest a moderate premium, indicating a positive outlook for listing gains.
Factors Influencing GMP:
- Market Sentiment: Investor confidence in PN Gadgil Jewellers’ financials and growth prospects.
- Company Performance: The company’s performance in recent years and future growth potential.
- Subscription Levels: A highly subscribed IPO often sees higher GMP due to higher demand.
PN Gadgil Jewellers IPO Details
PN Gadgil Jewellers’ IPO was open for subscription from September 5 to September 8, 2024. The company aims to raise funds to expand its retail presence and enhance its working capital needs.
Key IPO Information:
- Issue Size: Approx. ₹600 crore.
- Price Band: ₹180-₹191 per share.
- Minimum Bid: 78 shares.
- Listing on: BSE and NSE.
- Purpose of IPO: To fuel expansion and optimize working capital for the company’s growing operations.
Subscription Status
- Qualified Institutional Buyers (QIB): Received strong interest.
- Non-Institutional Investors (NII): Showed a healthy subscription rate.
- Retail Individual Investors (RII): Fully subscribed, indicating robust interest from small investors.
Conclusion
The PN Gadgil Jewellers IPO allotment date is expected today, and investors are eager to see if they have been allotted shares. The company’s strong reputation in the jewellery market, coupled with investor enthusiasm, has driven the demand for this IPO. Be sure to check your allotment status via BSE or Bigshare Services, and keep an eye on the latest GMP to gauge potential listing gains.
