Nuvama Wealth Management Limited acted as the Book Running Lead Manager in the IPO of P N Gadgil Jewelers, one of India’s oldest and most esteemed jewelry companies. PNG is one of the fastest growing organized retail jewelry chain with an established Brand Presence in Maharashtra having a Cluster-Based Expansion Strategy and Multi-Channel Distribution Model. The IPO was the highest subscribed jewelry IPO in India over the last decade and saw equity shares opening at 72.9% premium showcasing investor confidence in Company’s business and management team.
Advised in the sale of
P N Gadgil Jewelers (PNG)
to