PN Gadgil Jewellers shares list at 74% premium over IPO price
The shares of PN Gadgil Jewellers debuted on the exchanges on Tuesday with a premium of 74%. The stock listed at Rs 834 on BSE and Rs 830 on NSE (72.92% premium) against the issue price of Rs 480. Ahead of the listing, the company’s shares traded with a GMP of 63% to the issue…
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Pune’s PN Gadgil Jewellers may shine brighter as time passes
ET Intelligence Group: Pune-based PN Gadgil Jewellers is the second-largest organised jewellery retail player in Maharashtra run by the sixth generation of the jeweller family. The company is raising ₹1,100 crore through an IPO comprising a fresh issue of ₹850 crore and the rest being an offer for sale wherein the promoter is diluting its…
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