18 Sep 2024


Trilegal acted as the Company Counsel to P N Gadgil Jewellers Limited on their initial public offering. The initial public offering was of size 11,000 million. PN Gadgil Jewellers carries a rich heritage in the jewellery business since 1832 and is one of the fastest growing jewellery brands amongst the key organised jewellery players in India in terms of revenue growth. It is also the second largest among the prominent organised jewellery players in Maharashtra, in terms of the number of stores as on January, 2024, which is the largest market for BIS-registered outlets in India.
PN Gadgil Jewellers listed with a 73% premium on National Stock Exchange on September 17, 2024.
The book running lead managers are Motilal Oswal Investment Advisors Ltd, Nuvama Wealth Management Ltd, and Bob Capital Markets Ltd, with Bigshare Services Pvt Ltd serving as the registrar for the issue.
The Trilegal capital markets team was led by Partner, Abhinav Maker and comprised Avanti Kale, Counsel; and Debarpita Pande, Veena Raghav, Ipsita Pallavi Sahoo, Aman Bahl and Siddhant Mishra, Associates.
About Trilegal
Trilegal is one of India’s leading law firms, with expertise across the full spectrum of corporate legal services. Trilegal has offices in four key cities of India.
Trilegal has been recognised as the India Deal Firm of the Year by Asian Legal Business (ALB) India Law Awards 2023; one of the ‘Best Overall Law Firms’ at the India Business Law Journal Indian Law Firm Awards 2022; ‘Firm of the year’ for Client Service Excellence by Asia Law Awards 2021; “M&A Law firm of the Year” by VCCircle Awards 2020 one of the most innovative law firms in Asia in the inaugural edition of ALB Trailblazers 2020; and ‘highly commended’ in the FT RSG Innovative Lawyers Awards 2020.
For more information, please get in touch with
Anoop Siddak Singh Tuli
Mob: +91-9535377422 | BD@trilegal.com
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