Representative image Newly listed PN Gadgil Jewellers‘ shares hit the 10% upper circuit at Rs 806.4 during Monday’s trading session on the BSE after the company announced plans to open a new store every Navratri. PN Gadgil Jewellers will open 9 stores during this Navratri festival. The company made its market debut last Tuesday, listing…
PN Gadgil Jewellers has raised Rs 330 crore from anchor investors by allotting 68.74 lakh shares to 25 anchor investors ahead of the issue opening on Tuesday. The shares were allotted at the upper end of the price band of Rs 480 per share. Out of the total anchor book, about 33.54 lakh shares were…
PN Gadgil Jewellers, the second-largest organised jewellery player in Maharashtra has filed its draft red herring prospectus with markets regulator Sebi to raise funds through an IPO. The company’s IPO comprises a fresh equity issue of Rs 850 crore and an offer for sale of Rs 250 crore. Under the OFS, promoter SVG Business Trust…
