• Source:JND
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PN Gadgil Jewellers IPO Allotment Status:  PN Gadgil IPO allotment is likely to be finalised on Friday i.e. September 13. The Rs 1,100 core initial share sale attracted an overwhelming response from the investors as it got over 59 times subscriptions in 3 days of the bidding period. Now, at the bidding ended, investors have all the eye on the allotment of shares. As per schedule, Bidders will be notified for debit of their funds, if they get shares, over the weekend or by Monday.

Investors, who had subscribed to PN Gadgil Jewellers IPO, can check the shares allotment status on the official website of the Bombay Stock Exchange (BSE) or Registra's Share Services Private Limited-

How to check PN Gadgil IPO Allotment Status-BSE

- You need to visit the official website of BSE - https://www.bseindia.com/investors/appli_check.aspx

- Next, from the issue types you have to choose the 'Equity' option

- You may have a list of IPOs, select P N Gadgil Limited from the drop-down menu

- Enter your IPO application number and PAN detail

- Click on 'I am not a Robot' box and tap on the 'Submit' button

- You will have allotment status on your screen

Also read: Bajaj Housing Finance IPO Allotment Status: Shares Allotted; Know Steps To Check Allotment Status, Listing Date And Today's GMP

Steps to check PN Gadgil IPO Allotment Status- Bigshare Service Ltd

- Visit the official website of Bigshare Services Private Ltd

- Select PN Gadgil Jewellers IPO from the Issue dropbox

- In the Next step, investors have to choose one from the three modes- Application number/CAF No, PAN ID, or Beneficiary ID

- Enter information of the mode you selected in the previous steps

- Fill the captcha code

- Click on the search button and you will have allotment status next

PN Gadgil Jewellers IPO GMP

The grey market premium for P N Gadgil Jewellers IPO remains strong despite volatility in the wider market. As per the last update, the firm was commanding a premium (GMP) of Rs 330-335 per share in the unofficial market, indicating a listing pop of around 70% for investors. A day earlier, GMP was trading at Rs 265-270.

PN Gadgil Jewellers Listing Date - The shares are scheduled to be listed on stock exchanges on September 18.

P N Gadgil Jewellers IPO

Pune-based P N Gadgil offered the IPO in the price range of Rs 458-480 per share with a lot size of 31 shares open for bids between September 10 and September 12. The company aimed to raise approximately Rs 160.01 crore through the primary offering, which included a fresh share sale of Rs 104 crore and an offer-for-sale (OFS) of 35.01 lakh shares.

The issue was overall 59.41 times hard subscribed, with an allocation of 136.85 times hard booked, thanks to strong bidding from qualified institutional bidders (QIBs). The quota of non-institutional investors (NIIs) was subscribed 56.09 times, and the portion of retail investors was subscribed 16.58 times during the bidding process.

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