P N Gadgil Jewellers Limited
P N Gadgil Jewellers Limited is a mainboard IPO raising ₹1,100 Cr at ₹456 – ₹480 a share. It listed on 17 Sept 2024 and trades at ₹679 today, +41.4% against its issue price of ₹480. It was subscribed 59× in total.
59.4 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Who bid for it
| Investor category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| QIB Banks, funds and other large institutions | 48,24,560 | 66,02,26,623 | 137× |
| Foreign Institutional Investors | no separate quota | 22,25,94,973 | n/a |
| Domestic Financial Institutions | no separate quota | 34,17,95,026 | n/a |
| Mutual funds | no separate quota | 4,34,86,676 | n/a |
| Others | no separate quota | 5,23,49,948 | n/a |
| Non-institutional Wealthy individuals and companies bidding above ₹2 lakh | 36,18,421 | 20,29,40,043 | 56× |
| Non Institutional Investors | 24,12,281 | 14,25,91,227 | 59× |
| Corporates | no separate quota | 32,07,229 | n/a |
| Individuals | no separate quota | 12,81,02,137 | n/a |
| Others | no separate quota | 1,12,81,861 | n/a |
| Non Institutional Investors | 12,06,140 | 6,03,48,816 | 50× |
| Corporates | no separate quota | 2,68,491 | n/a |
| Individuals | no separate quota | 5,45,13,779 | n/a |
| Others | no separate quota | 55,66,546 | n/a |
| Retail Ordinary investors bidding up to ₹2 lakh | 84,42,983 | 13,99,86,607 | 17× |
| Cut Off | no separate quota | 11,94,81,564 | n/a |
| Price bids | no separate quota | 2,05,05,043 | n/a |
| Total | 1,68,85,964 | 1,00,31,53,273 | 59× |
Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 25 Jul, 06:42 pm IST.
How demand built
Only one reading so far. We sample subscription every hour and store it whenever it moves, so this becomes a curve as bidding runs.