Fri Sep 13 06:46:54 UTC 2024: ## PN Gadgil Jewellers IPO Allotment Finalized Today: Potential Listing at Rs 813

**Pune, India – September 13, 2024:** Investors who participated in the PN Gadgil Jewellers IPO will be notified of their allotment status today. The allotment is expected to be finalized shortly, with notifications sent via SMS, email, or banking apps. Funds will be debited or mandate releases will occur by Monday at the latest.

Despite the strong performance of the Bajaj Housing Finance IPO, PN Gadgil Jewellers IPO saw overwhelming interest, receiving a subscription of 59.41 times. This translates to bids worth Rs 48,149.72 crore for the Rs 1,100 crore public offering.

The Grey Market Premium (GMP) for PN Gadgil Jewellers IPO has risen significantly, currently standing at Rs 333 per share. This suggests a projected listing price of around Rs 813, potentially offering investors a substantial return of 69.38% from the issue’s upper price band of Rs 480.

Investors can check their allotment status through the BSE website or Bigshare Services Pvt Ltd portal using their application number, Demat account, or PAN details.

PN Gadgil Jewellers Ltd shares are scheduled to be listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on Tuesday, September 17, 2024.

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