PN Gadgil Jewellers recently made a spectacular debut on the stock exchanges, with its shares listing at a significant premium. On the National Stock Exchange (NSE), the stock opened at ₹830, a 73% premium over the IPO issue price of ₹480. Similarly, on the Bombay Stock Exchange (BSE), it opened at ₹834, reflecting a 74% gain. This strong performance underscores investor confidence in the company, which is well-positioned in India’s growing jewellery market.

PN Gadgil Jewellers raised ₹1,100 crore through its IPO, with plans to use a portion of the funds for expansion, including setting up 12 new stores in Maharashtra, and for debt repayment​