P N Gadgil Jewellers opens QIP issue, floor price set at ₹640.69 per share

Fund Raising View source PDF Explain this filing

PNGJL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.2%Reaction day

₹661.30

prior close

₹673.00

announcement price

After-mkt

timing

Nifty Microcap 250market+1.1%+0.1% vs market

Gems Jewellery And Watches peers, median of 29sector+0.2%+1.0% vs sector

On the reaction day the stock moved 0.1 pts more than Nifty Microcap 250 and 1.0 pts more than its Gems Jewellery And Watches peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.7

10m

-0.7

15m

-0.3

30m

-1.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.2+1.1+0.1+0.2+1.0

Next day

-0.5+2.4-2.9+1.5-2.0

-1.4+2.9-4.3+1.3-2.8

-0.4+4.2-4.6+2.4-2.8

-4.7+4.6-9.3+1.7-6.4

-2.8+4.6-7.4+2.1-4.8

-4.9+4.4-9.2+5.5-10.4

15d

-8.9+5.7-14.6+3.3-12.2

-11.7+6.6-18.3+4.8-16.5

-11.1+5.4-16.5+3.7-14.9

—————

UpDownMarket · Nifty Microcap 250Sector · Gems Jewellery And Watches peers, median of 29Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

P N Gadgil Jewellers has opened its Qualified Institutional Placement (QIP) of equity shares with face value ₹10 each. The floor price is fixed at ₹640.69 per share based on SEBI ICDR pricing rules. The company may offer up to 5% discount on this floor price at its discretion. The issue opens today, July 30, 2026. Board approval was received in July 2025 and shareholders approved it in August 2025. Final issue price will be decided with the lead manager.

Likely market impact

QIP opens today; final pricing, dilution impact, and institutional demand to be determined. Watch for issue price announcement.