ilmscore | Prediction Details
"they are going to use this for funding 12 new stores opening up 12 new stores in Maharashtra again so this is almost 392 crores rupees will be used for new stores"
By CA Rachana Phadke Ranade | September 9, 2024 | Correct
From video
P N Gadgil Jewellers IPO Review | CA Rachana Ranade 00:09:54 - 00:10:01
Interpreted Prediction
Predicted P N Gadgil Jewellers will open 12 new stores in Maharashtra using IPO funds.
AI Evaluation Notes
P N Gadgil Jewellers completed its IPO in September 2024. Following the IPO, the company opened 9 new stores in Maharashtra in October 2024, and an additional flagship store in Mumbai, Maharashtra, by September 2025, bringing the total to at least 10 new stores. This is very close to the predicted 12 new stores, which was the company's stated goal for expansion in Maharashtra using IPO funds by fiscal 2026.

Prediction Details

Topic
P N Gadgil Jewellers
Target
Open 12 new stores in Maharashtra
Predicted date
After IPO

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