P N Gadgil Jewellers IPO Subscription Status
P N Gadgil Jewellers IPO was subscribed 62.53 times when bidding closed on 12 Sep 2024: QIB 144.05x, NII 59.04x, Retail 17.45x.
The P N Gadgil Jewellers IPO has been subscribed 62.53x times overall. Retail investors have shown interest with bids for 17.45x the shares available. The Non-Institutional Investor (NII) category has been subscribed 59.04x. Within NII, Big HNI (B-HNI) subscribed 62.22x and Small HNI (S-HNI) subscribed 52.67x. Qualified Institutional Buyers (QIBs) have subscribed 144.05x. Data last updated on 10 Nov, 06:54 PM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 10 Sep, 2024 and closes on 12 Sep, 2024. The shares are expected to list on stock exchanges on 17 Sep, 2024.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | - of - - | 144.05x |
| NII | - of - - | 59.04x |
bHNI — bid amount above ₹10 Lakh |
- - | 62.22 |
sHNI — bid amount ₹2–10 Lakh |
- - | 52.67 |
| Retail | - of - - | 17.45x |
| TOTAL | - - | 62.53x |
P N Gadgil Jewellers IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 5.7% for a single lot.
Market Sentiment
Strong grey market premium of 62% suggests exceptional listing gains and high bullish sentiment among traders.
Institutional Backing
Massive institutional interest with QIBs subscribing 144.05x. This often signals long-term confidence from professional funds.
Day-wise subscription history
End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
12 Sep 2024
Day 3 |
62.53x | ▼ | |
|
QIB144.05x
BHNI62.22x
SHNI52.67x
Retail17.45x
|
|||
|
11 Sep 2024
Day 2 |
6.89x | ▼ | |
|
QIB0.08x
BHNI15.09x
SHNI17.06x
Retail6.98x
|
|||
|
10 Sep 2024
Day 1 |
2x | ▼ | |
|
QIB0.01x
BHNI2.86x
SHNI4.04x
Retail2.6x
|
|||
P N Gadgil Jewellers IPO dates
From the bidding window to listing. Today is 11 November.
- Open 10 Sep 2024
- Close 12 Sep 2024
- Allotment 13 Sep 2024
- Refund/credit 16 Sep 2024
- Listing 17 Sep 2024
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of P N Gadgil Jewellers IPO?
As of IPO close date (12 Sep, 2024), the P N Gadgil Jewellers IPO is subscribed 62.53x times. Retail category is 17.45x, and NII is 59.04x subscribed.
When is the allotment date for P N Gadgil Jewellers IPO?
The allotment for P N Gadgil Jewellers IPO is expected to be finalized on 13 September, 2024.
What is the GMP of P N Gadgil Jewellers?
The Grey Market Premium (GMP) for P N Gadgil Jewellers is currently ₹300, indicating a potential listing gain of 62%.
When will P N Gadgil Jewellers IPO list on the stock market?
P N Gadgil Jewellers is scheduled to list on BSE and NSE on 17 September, 2024.
What are the chances of getting allotment in P N Gadgil Jewellers IPO?
The retail category is oversubscribed at 17.45x, meaning allotment is by lottery. Statistically, approximately 1 in 18 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 144.05x mean for P N Gadgil Jewellers IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 144.05x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check P N Gadgil Jewellers IPO allotment status?
After the allotment date (13 Sep, 2024), you can check your P N Gadgil Jewellers IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore P N Gadgil Jewellers IPO further
Track every stage of this IPO, from subscription to listing.
It has listed — go back to the fundamentals.
Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
