# PN Gadgil IPO Allotment Status 2024: Step-by-Step Guide and Key Details

URL: https://technosports.co.in/pn-gadgil-ipo-allotment-status-guide/  
Published: 2024-09-17  
Updated: 2024-09-17  
Author: Raunak Saha

The much-anticipated **PN Gadgil [IPO](https://technosports.co.in/tag/ipo/) allotment status** is set to be finalized on **Friday, September 13, 2024**. Investors who have participated in this initial public offering ([IPO](https://technosports.co.in/tag/ipo/)) can expect to receive notifications, alerts, or emails regarding the debit of their funds or revocation of their IPO mandate by the weekend or Monday. The **PN Gadgil IPO** saw a strong response from investors, reflecting the high demand during the bidding process.

## PN Gadgil IPO Allotment Status 2024: All You Need to Know

### **PN Gadgil IPO Details: Price, Subscription, and GMP Updates**

**PN Gadgil Jewellers**, a renowned name in the jewellery industry based in Pune, offered its [IPO](https://technosports.co.in/tag/ipo/) at a price band of **Rs 458-480 per share** with a lot size of 31 shares. The bidding period was open from **September 10 to September 12**, during which the company aimed to raise approximately **Rs 160.01 crore**. This amount includes a fresh share sale worth **Rs 104 crore** and an offer-for-sale (OFS) of **35.01 lakh shares**.

![PN Gadgil IPO Allotment Status 2024: Step-by-Step Guide and Key Details](https://technosports.co.in/wp-content/uploads/2024/09/image-16-291.jpg)

The IPO received an overwhelming response, being **subscribed 59.41 times overall**. The **Qualified Institutional Buyers (QIBs)** led the charge, with their portion subscribed an impressive **136.85 times**. The **Non-Institutional Investors (NIIs)** quota was subscribed **56.09 times**, and the **retail investors** section saw a subscription of **16.58 times**.

Despite market volatility, the **Grey Market Premium (GMP)** for PN Gadgil remained strong, standing at **Rs 330-335 per share**, suggesting a potential listing gain of about **70%**. The GMP had been at **Rs 265-270** just a day earlier, showing strong investor sentiment.

### **PN Gadgil Jewellers: A Trusted Brand with Diverse Offerings**

Founded in 2013, **PN Gadgil Jewellers** offers a wide range of precious metal and jewellery products, including **gold, silver, platinum, and diamond jewellery** under its well-known brand name ‘PNG.’ The company provides customers with a variety of price ranges and design options, including custom-made jewellery.

With a strong presence in Western India and a sound financial track record, many brokerage firms have given positive recommendations for the [IPO](https://technosports.co.in/tag/ipo/), citing long-term growth potential despite some risks such as high working capital needs and fluctuations in gold prices.

![PN Gadgil IPO Allotment Status 2024: Step-by-Step Guide and Key Details](https://technosports.co.in/wp-content/uploads/2024/09/image-16-292-1024x768.jpg)

### **How to Check Your PN Gadgil IPO Allotment Status?**

Investors who applied for the **PN Gadgil IPO** can easily check their **IPO allotment status** through two methods: the **Bombay Stock Exchange (BSE) website** and the **Bigshare Services Limited** portal, which is the official registrar for the issue.

#### **Method 1: Check Allotment Status on BSE Website**

1. Visit the [BSE website](https://www.bseindia.com/investors/appli_check.aspx).
2. Select ‘Equity’ under the **issue type**.
3. Choose ‘P N Gadgil Limited’ from the **issue name** drop-down list.
4. Enter your **application number**.
5. Input your **PAN card number**.
6. Verify with the **Captcha** and click ‘Submit’ to view your allotment status.

#### **Method 2: Check Allotment Status on Bigshare Services Portal**

1. Go to the [Bigshare Services](https://ipo.bigshareonline.com/IPO_Status.html) portal.
2. Select ‘P N Gadgil Limited’ from the **IPO dropbox** (this option will be available only if the allotment is finalized).
3. Choose one of the three modes: **Application Number/CAF No, Beneficiary ID, or PAN ID**.
4. Enter the required details based on your selection.
5. Fill in the **Captcha** for security purposes.
6. Click ‘Search’ to check your **allotment status**.

![](https://technosports.co.in/wp-content/uploads/2024/09/image-17-43.jpg)

### **Key Takeaways for Investors**

The **PN Gadgil IPO** has garnered significant interest due to its strong market reputation, diverse jewelry offerings, and robust financial outlook. Investors are eagerly awaiting the **IPO allotment results**, which are expected to bring substantial gains, especially with the high GMP indicating strong market demand.

Keep an eye on your inbox for alerts regarding fund debits or [IPO](https://technosports.co.in/tag/ipo/) mandates, and use the steps above to check your **PN Gadgil IPO allotment status**. Don’t miss out on this opportunity to be part of a trusted name in the jewelry industry as it makes its stock market debut on **Tuesday, September 17, 2024**.

## FAQs

### **1. When will the PN Gadgil IPO allotment status be finalized?**

The **PN Gadgil IPO allotment status** is expected to be finalized on **Friday, September 13, 2024**. Investors who applied for the IPO will be notified about the allotment by the weekend or on the following Monday.

### **2. How can I check my PN Gadgil IPO allotment status?**

  
You can check the **PN Gadgil IPO allotment status** through two methods:  
  
  
• **BSE Website**:  
1. Visit the [BSE allotment status page](https://www.bseindia.com/investors/appli_check.aspx).  
2. Select ‘Equity’ under the issue type.  
3. Choose ‘P N Gadgil Limited’ from the issue name dropdown.  
4. Enter your application number and PAN card details.  
5. Click on ‘I am not a Robot’ and hit ‘Submit’ to see the status.  
• **Bigshare Services Portal**:  
1. Go to the [Bigshare Services IPO status page](https://ipo.bigshareonline.com/IPO_Status.html).  
2. Select ‘P N Gadgil Limited’ in the dropdown (if the allotment is finalized).  
3. Enter your application number/CAF No, Beneficiary ID, or PAN ID.  
4. Enter the Captcha code and click ‘Search’ to view the allotment status.

### **3. What is the Grey Market Premium (GMP) of the PN Gadgil IPO?**

The **Grey Market Premium (GMP)** for **PN Gadgil IPO** has been firm, suggesting strong investor interest. Recently, the GMP was quoted at around **Rs 330-335 per share**, indicating a potential listing gain of around **70%**.

### **4. What was the subscription rate for the PN Gadgil IPO?**

The **PN Gadgil IPO** was heavily oversubscribed, with an overall subscription rate of **59.41 times**. The Qualified Institutional Buyers (QIBs) portion was subscribed **136.85 times**, Non-Institutional Investors (NIIs) **56.09 times**, and the Retail Investors **16.58 times**.

### **5. What is the price band and lot size for the PN Gadgil IPO?**

The **PN Gadgil IPO** was offered in a price band of **Rs 458-480 per share** with a lot size of **31 shares**. The IPO was open for bidding from **September 10 to September 12, 2024**.

### **6. Where will the PN Gadgil shares be listed, and when?**

The shares of **PN Gadgil Jewellers** are expected to be listed on the stock exchanges on **Tuesday, September 17, 2024**.

### **7. What is the total amount PN Gadgil aims to raise through the IPO?**

**PN Gadgil** aims to raise approximately **Rs 160.01 crore** through the IPO. This includes a fresh issue of **Rs 104 crore** and an offer-for-sale (OFS) of **35.01 lakh shares**.

### 8.What’s the current share price for PN Gadgil IPO?

Rs. 803.00/share