PN Gadgil states IPO, expecting the floor price over Rs 46
IPO to open on September 10, 2024 at price band of Rs 456per equity! P N Gadgil Jewellers Limited proposes to open its Initial Public Offering (IPO) on Tuesday, September 10, 2024. Bid/Offer Closing Date will be Thursday, September 12, 2024. Anchor Investor Bidding Date is one Working Day prior to Bid/Offer Opening Date, that is, Monday, September 09, 2024. The Price Band of the Offer has been fixed from Rs 456 per Equity Share to Rs 480 per Equity Share. Bids can be made for a minimum of 31 Equity Shares and in multiples of 31 Equity Shares thereafter. The Company’s initial public offering comprises a fresh issue of equity shares of face value of Rs 10 each aggregating up to Rs 8,500 million and an offer for sale of equity shares of face value of Rs 10 each aggregating up to Rs 2,500 million. The total offer size comprises of equity shares of face value of Rs 10 each aggregating up to Rs 11,000 million. The offer for sale comprises of equity shares of face value of