- CEO
- Saurabh Vidyadhar Gadgil
- Full Time Employees
- 2,950
- Sector
- Retail trade
- Industry
- Specialty stores
- Address
- PNG Vishwa Pune MA India 411030
- IPO Date
- Sep 17, 2024
- Business
- P. N. Gadgil Jewellers Ltd. manufactures and retails gold, silver, platinum and diamond jewellery products through an omni-channel network in India and the United States. The company offers a wide range of jewellery including rings, necklaces, pendants, mangalsutras, bracelets, bangles, cufflinks, nose pins and bullion under the PNG brand and sub-brands such as Saptam, Swarajya, Rings of Love, The Golden Katha of Craftsmanship, Flip, Eiina, PNG Solitaire, Men of Platinum, Evergreen Love, Pratha and Yoddha; it specializes in temple motifs, contemporary designs, lightweight daily wear, designer collections, make-to-order offerings and studded jewellery with a focus on increasing the proportion of higher-margin diamond and platinum products. Founded in 1832 and headquartered in Pune, India, P. N. Gadgil Jewellers Ltd. operates 53 stores across 21 cities primarily in Maharashtra and Goa, with one international outlet in California, US, and maintains an e-commerce platform for gold, silver, diamond jewellery and bullion backed by insured delivery. In September 2024, the company completed an initial public offering raising approximately INR 1,100 crore, including INR 850 crore in fresh capital partly utilized for debt repayment and store expansion initiatives targeting new markets in Madhya Pradesh, Chhattisgarh and Bihar; it continues aggressive growth with over 50 stores as of late 2024, enhanced product mix via 291 new designs launched in FY24, a diamond manufacturing unit in Mumbai and investments such as in PNGS Reva Diamond Jewellery Limited approved in March 2025.