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Indian jeweller becomes a billionaire after his 192-year-old firm’s IPO: Report

Saurabh Gadgil, the chairman and managing director of PN Gadgil Jewellers Ltd has seen his net worth rising to almost $1.1 billion after the 192-year-old [more...]

Sandhya TripathiBy : Sandhya Tripathi

  |  17 Oct 2024 12:00 PM IST

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Saurabh Gadgil, the chairman and managing director of PN Gadgil Jewellers Ltd has seen his net worth rising to almost $1.1 billion after the 192-year-old company's shares surged 61% since its initial public offering (IPO) in September. Gadgil, 47, inherited the Pune-based family business more than a decade ago. He had joined it even before after graduating with an MBA from Pune’s Symbiosis University.

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