Event Disclosure
Regulatory filing pursuant to SEBI Listing Regulations, Regulation 30, regarding the outcome of the Qualified Institutional Placement (QIP).
QIP Allotment Details
The Executive Committee of P N Gadgil Jewellers Limited, at its meeting held on August 04, 2026 (commencing at 10:30 AM and concluding at 11:05 AM), approved the allotment of equity shares under the QIP.
- Total Equity Shares Allotted: 1,14,94,252 equity shares of face value ₹10 each
- Issue Price: ₹609.00 per equity share (including a premium of ₹599.00 per share)
- Discount: ₹31.69 per share (4.95% discount to the floor price)
- Total Issue Size: ₹7000 million (Rupees Seven Thousand Million)
- QIP Period: Opened on July 30, 2026 and closed on August 03, 2026
Capital Structure Impact
Post-allotment, the company's paid-up equity share capital has changed as follows:
- Pre-QIP Capital: ₹1,357.08 million consisting of 13,57,08,333 equity shares
- Post-QIP Capital: ₹1,472.02 million consisting of 14,72,02,585 equity shares
Major Allottees (5%+ of Issue)
The following allottees received more than 5% of the equity shares offered in the QIP:
1. Bandhan Small Cap Fund: 18,00,000 shares (15.66% of issue)
2. Tata AIG General Insurance Company Limited: 17,79,640 shares (15.48% of issue)
3. BNP Paribas Financial Markets - ODI: 10,67,325 shares (9.29% of issue)
4. FLC Investco LLC: 9,85,222 shares (8.57% of issue)
5. Astorne Capital VCC Arven: 8,21,019 shares (7.14% of issue)
6. Morgan Stanley Asia Singapore Pte - ODI: 6,56,815 shares (5.71% of issue)
Total to major allottees: 71,10,021 shares (61.85% of total issue)