Discover the latest P N Gadgil Jewellers IPO GMP, Kostak rates, and Subject to Sauda rates as of today. The GMP for PNG Jewellers IPO is showing an upward trend. Stay updated for the most recent IPO GMP figures for P N Gadgil Jewellers.
The P N Gadgil Jewellers IPO is set to open in September 2024. This Mainline IPO aims to raise ₹1,100 crores. The price band for the IPO is fixed at ₹456 to ₹480, with a minimum market lot of 31 shares. Based in Maharashtra, India, P N Gadgil Jewellers Limited is the second-largest organized jewelry retailer in the region. The company offers a diverse range of gold, silver, platinum, and diamond ornaments, catering to various tastes and budgets. To date, P N Gadgil Jewellers has established 33 outlets across 18 locations in Maharashtra and Goa, as well as one in the USA.
The latest Grey Market Premium (GMP) for the P N Gadgil Jewellers IPO is ₹333, as of September 13, 2024, 06:04 AM. With a price band set at ₹480, the estimated listing price is ₹813 (cap price + today’s GMP), indicating an expected gain of 69.38% per share.
Retail Subject to Sauda: ₹7,800
Small HNI Subject to Sauda: ₹1,09,200
We provide daily updates on GMP. Based on the last 11 sessions’ grey market activity, today’s GMP is trending upward, indicating a strong listing is expected. The GMP has ranged from a low of ₹0 to a high of ₹333. Stay tuned for daily updates on P N Gadgil Jewellers IPO GMP and its expected listing price.
**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
P N Gadgil Jewellers IPO GMP Day-wise Trend
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Estimated Listing Price |
| 13-09-2024 | 480 | ₹333 | 7800/109200 | ₹813 (69.38%) |
| 12-09-2024 | 480 | ₹333 | 7800/109200 | ₹813 (69.38%) |
| 11-09-2024 | 480 | ₹268 | 6300/88200 | ₹748 (55.83%) |
| 10-09-2024 | 480 | ₹258 | 6100/85400 | ₹738 (53.75%) |
| 09-09-2024 | 480 | ₹240 | 5700/79800 | ₹720 (50%) |
| 08-09-2024 | 480 | ₹234 | 5500/77000 | ₹714 (48.75%) |
| 07-09-2024 | 480 | ₹184 | 4300/60200 | ₹664 (38.33%) |
| 06-09-2024 | 480 | ₹177 | 4200/58800 | ₹657 (36.88%) |
| 05-09-2024 | 480 | ₹165 | 3900/54600 | ₹645 (34.38%) |
| 04-09-2024 | ₹0 | — | ₹ (0%) | |
| 03-09-2024 | ₹0 | — | ₹ (0%) |
IPO Grey Market Premium (GMP):
The Grey Market Premium (GMP) represents the price at which an IPO is traded in the unofficial or unregulated grey market before its official listing. GMP provides an indication of how an IPO might perform on its listing day. A positive GMP suggests that the IPO is likely to be profitable, while a negative GMP indicates a potential discount.
It’s important to note that IPO GMP can be highly volatile. Relying solely on GMP to make investment decisions carries significant risk. Therefore, evaluate all relevant factors before deciding to invest in the P N Gadgil Jewellers IPO.
P N Gadgil Jewellers IPO Dates:
Stay updated with the latest information on the P N Gadgil Jewellers IPO dates. Updates will be provided as they are announced.
| IPO Activity | Date |
| IPO Open Date | 10-09-2024 |
| IPO Close Date | 12-09-2024 |
| Basis of Allotment | 13-09-2024 |
| Finalisation Date* | |
| Refunds Initiation* | 16-09-2024 |
| Credit of Shares | 16-09-2024 |
| to Demat Account* | |
| IPO Listing Date* | 17-09-2024 |
P N Gadgil Jewellers IPO GMP (Grey Market Premium) FAQs:
What is the current GMP for the P N Gadgil Jewellers IPO?
As of today, the GMP for the P N Gadgil Jewellers IPO is ₹255.
What is the current Kostak Rate for the P N Gadgil Jewellers IPO?
The Kostak Rate for the P N Gadgil Jewellers IPO is ₹800 as of today.
What is the current Subject to Sauda rate for the P N Gadgil Jewellers IPO?
The Subject to Sauda rate for the P N Gadgil Jewellers IPO is ₹6,000 as of today.
What are the expected returns for the P N Gadgil Jewellers IPO?
The expected returns for the P N Gadgil Jewellers IPO are 53%.
DISCLAIMER: The financial information provided here is for educational and informational purposes only and should not be interpreted as an offer to buy or sell securities or as investment advice. It is not intended to be used as the basis for any investment decision. Readers are advised to consult a qualified financial advisor before making any investment decisions. Any actions taken based on the information provided here are solely at the reader’s own risk. Please note that investing in equity markets carries inherent risks due to market volatility. The author has no intention of investing in this offering.
