P N Gadgil Jewellers Ltd, established in 2013, is a prominent Indian jeweler with a rich heritage dating back to 1832 under the renowned PNG brand. Originally a private entity, it became a public company in April 2023. Specializing in retail sales of gems, diamonds, and a wide array of jewelry crafted from gold, silver, and other metals, the company has expanded its footprint with multiple stores across Maharashtra and beyond, including Goa. With a design team focused on innovation and customization, the company offers jewelry for various occasions, adhering to high industry standards with BIS hallmarking since 2007 and certified diamond products.
The company is planning an Initial Public Offering (IPO) to raise Rs 1100 crore, with Rs 850 crore through fresh issuance and Rs 250 crore via an offer for sale. This strategic move aims to bolster its market presence and capitalize on its historical legacy and craftsmanship in the jewelry sector.
