PM Gadgil Jewellers lists at a 75% premium in stock market debut

PM Gadgil Jewellers lists at a 75% premium in stock market debut



PN Gadgil Jewellers Ltd. on Tuesday (September 17, 2024) listed on the BSE at a premium of 75% at ₹834 as in contrast with challenge worth of ₹480.

However the inventory closed at ₹792.80 which is about 65% greater than the problem worth and 4.94% lower than the itemizing worth.

“We wish to additional leverage this platform [exchange] to strengthen our model and develop extra ….and add worth to all our stake holders” mentioned Saurabh Gadgil, Managing Director, PN Gadgil Jewelers Ltd whereas talking on the itemizing ceremony.

PN Gadgil opened bids for its ₹1100 crore IPO on September 10 which closed on September 12, 2024.





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