Saurabh V. Gadgil

Last updated
Saurabh V. Gadgil
Saurabh Gadgil.jpeg
Born1976or1977(age 47–48)
Pune, Maharashtra, India
EducationMaster of Business Administration (MBA)
Doctor of Philosophy (PhD)
Alma mater Symbiosis Institute of International Business
University of Texas at Austin
TitleManaging Director and Chairman, PNG Jewellers
Relatives Anant Gadgil (grandfather)

Saurabh V. Gadgil [1] (born 1976or1977 [2] ) is an Indian entrepreneur who serves as the Managing Director and Chairman of PNG Jewellers, [3] [4] a jewellery company established in 1832. He is the grandson of Anant Gadgil, [5] the founder of P N Gadgil Jewellers, also known as Dajikaka. [6] Gadgil is also a Director and National Vice President of the India Bullion & Jewellers Association Ltd. (IBJA). [7]

Contents

Early life

Saurabh was born in Pune, Maharashtra, [8] into the family of jeweler-businessman Vidyadhar Gadgil. [9] His grandfather, Dajikaka, started the Pune branch of P N Gadgil Jewellers in 1958. [10] Saurabh completed his BCom degree in 1998 from Brihan Maharashtra College of Commerce (BMCC) in Pune and later pursued a Ph.D. in Mechanical Engineering at the University of Texas at Austin. He obtained his MBA from Symbiosis Institute of International Business (SIIB) and interned at the Reserve Bank of India, where he studied the gold market. [9] Gadgil is also a chess player and has competed in several state-level tournaments. [11] [12] In 2000, he married Radhika Gadgil, and the couple has two children. [13]

Career

Saurabh joined PNG Jewellers in 1998. [14] [15] He expanded the business by opening stores in Pune, Nashik, Kolhapur, the UAE, and the United States. [16] Following the death of his grandfather Dajikaka in 2014, Saurabh opened additional stores. [17] [18] Under his leadership, the company collaborated with actor Salman Khan and featured its designs in Bollywood films, including Prem Ratan Dhan Payo , [19] Bajrangi Bhaijaan , [20] and Dilwale . The company also launched the TIMELESS Collection by Madhuri Dixit [21] and opened a boutique store at the JW Marriott in Pune. [22] Saurabh became the Director of Style Quotient Jewellery. In 2015, he opened a P N Gadgil store in Fremont, California, in partnership with actress Preity Zinta. [23] On September 30, 2016, the Being Human brand, founded by Salman Khan, introduced Being Human Jewellery in collaboration with P N Gadgil. SQJPL, a sister company of PNG Jewellers, holds the global license for Being Human Jewellery and released the Bajrangi Bhaijaan pendant featured in the film. [24]

In 2015, he was appointed Vice President for the West Zone of the India Bullion & Jewellers Association Ltd. [25] As of 2024, [26] PNG operates 39 retail outlets in Maharashtra, with 28 owned stores and 11 franchisee outlets. [27] [28] Under his leadership, PNG Jewellers launched an initial public offering (IPO) in September 2024. [29] [30] Shortly after the IPO, he debuted on the Bloomberg Billionaires Index with an estimated net worth of US$1.1 billion. [2] [31] [32]

Related Research Articles

<span class="mw-page-title-main">Narhar Vishnu Gadgil</span> Indian politician (1896–1966)

Narhar Vishnu Gadgil was an Indian freedom fighter and politician from Maharashtra, India. He was also a writer. He wrote in both Marathi and English. His son Vitthalrao Gadgil represented Congress later as minister and ideologue. His grandson Anant Gadgil also went on to become a politician.

<span class="mw-page-title-main">Mercedes-Benz India</span> Automobile manufacturer company

Mercedes-Benz India Pvt. Ltd. is a wholly-owned subsidiary of the German Mercedes-Benz Group founded in 1994, with headquarters in Pune, Maharashtra, India.

<span class="mw-page-title-main">Kalyan Jewellers</span> Indian jewellery chain

Kalyan Jewellers is an Indian multinational jewellery company, headquartered in Thrissur, Kerala. It was founded in 1993 by T. S. Kalyanaraman. As of July 2024, Kalyan Jewellers operates 277 showrooms across India and the Middle East.

<span class="mw-page-title-main">Sai Tamhankar</span> Indian actress

Sai Tamhankar is an Indian film and television actress known for her work primarily in Marathi, as well as in Hindi films. She has established herself as a prominent figure in Marathi films and is recognized for her versatility and impactful performances. She is one of the highest-paid actresses in Marathi cinema and is the recipient of several awards including a Maharashtra State Film Award, a Filmfare Award, three Filmfare Marathi Awards, and eight Maharashtracha Favourite Kon awards.

Prajaktta Mali is an Indian actress known for her work in Marathi film and television. She was born in Barshi and brought up in Pune. She started her career with Star Pravah's Suvasini in 2011. Later, she appeared in Zee Marathi's Julun Yeti Reshimgathi in 2013. Currently she is hosting Sony Marathi's Maharashtrachi Hasyajatra.

Gadgil is a Chitpavan brahmin surname from Maharashtra, India.

Sudhir Gadgil is an Indian politician from Maharashtra. He is a BJP leader from Sangli district. He is a member of the 13th Maharashtra Legislative Assembly. He is a three time MLA from Sangli Assembly Constituency.

<span class="mw-page-title-main">Usha Naik</span> Indian actress

Usha Naik is an Indian actress who works in Marathi films. She started her career as a background dancer in films.

<span class="mw-page-title-main">Awfis</span> Indian coworkspace company

Awfis is a coworking space company headquartered in Delhi, India. Founded by Amit Ramani in 2015, it operates in 16 cities across India.

<span class="mw-page-title-main">Malabar Gold and Diamonds</span> Indian jewellery group

Malabar Gold & Diamonds is an Indian jewellery group headquartered in Kozhikode, Kerala. The company was founded by M. P. Ahammed in 1993. As of May 2023, it owns more than 330 showrooms across 11 countries, making it one of the largest chains of jewellery retailer in the world. The company also owns Malabar Watches, a network of luxury watch boutiques operating across India.

Elections in India in 2023 were held in the Rajya Sabha, state legislative assemblies of nine states and several local bodies.

Anant "Dajikaka" Gadgil was an Indian jeweller, industrialist and writer. He is best known for founding the P. N. Gadgil Jewellers & Company in Pune in 1958.

P. N. Gadgil Jewellers Limited, also known as Purshottam Narayan Gadgil Jewellers, is an Indian jewellery company founded by Ganesh Gadgil in Sangli in 1832. It is one of the oldest jewellery companies in India, known for its production of jewellery distinctive to the Maharashtra region. As of 2024, the company is based in Pune and operates 39 stores in Maharashtra and Goa, and one in California, US.

K. Raheja Realty is an Indian real estate company, headquartered in Mumbai, Maharashtra. The company was founded in 1956 and is led by Sandeep Raheja, who serves as both the chairman and managing director. K. Raheja has diversified interests in real estate including both commercial and residential property development, as well as malls and hospitality. The company owns a subsidiary called Infiniti Mall, which operates a chain of shopping malls in India. The first Infiniti Mall opened in 2004, followed by another one in Mumbai in 2011.

<span class="mw-page-title-main">Zupee (Ludo)</span> 2018 video game

Zupee(Ludo) is an online multiplayer gaming app where users can play against other users for entertainment and monetary rewards.

Suyog Gorhe is an Indian actor predominantly works in Marathi film industry. He is known for his roles in Satarcha Salman, Shentimental, Krutant and Girlfriend.

Hemant Dhome is an Indian filmmaker and actor known for his works in Marathi Cinema.

Ashwin Kanchanbhai Makwana is an Indian para chess player from Gujarat. The visually challenged chess player was selected for the Indian team that took part in the 2022 Asian Para Games, Hangzhou, China. He won the Men's Team Rapid VI-B1 gold medal on 28 October 2023 along with Darpan Inani and Soundarya Pradhan. He also won a bronze medal in the individual event on the same day.

<span class="mw-page-title-main">Aparna Enterprises</span> Indian building materials manufacturer

Aparna Enterprises Limited is an Indian building materials manufacturer headquartered in Hyderabad, Telangana. The company is part of the Aparna Group and is involved in the production of a range of building materials, including ready-mix concrete, uPVC window and door systems, uPVC reinforcements, kitchens, wardrobes, and vitrified tiles. It also manufactures aluminum window and door systems and façades. Aparna Enterprises operates in retail distribution through its subsidiaries.

References

  1. ↑ "Guests transported to fairytale land at this Arabian themed party hosted by Saurabh V. Gadgil". The Times of India. 2014-05-12. ISSN   0971-8257 . Retrieved 2024-10-10.
  2. 1 2 Palepu, Advait (17 October 2024). "Jeweler Becomes Billionaire After 192-Year-Old Indian Firm's IPO". Bloomberg News.
  3. ↑ "PNG Jewellers By Saurabh V. Gadgil Is A Jewellery Behemoth In Making". BW Businessworld. Retrieved 2024-10-10.
  4. ↑ "Expanding jewels in Maharashtra's heart: PN Gadgil". The Times of India. 2024-09-17. ISSN   0971-8257 . Retrieved 2024-10-10.
  5. ↑ "Alumni Connect: 'I learnt professional formality from my college, which helped,' says Saurabh V. Gadgil". Hindustan Times.
  6. ↑ Deshpande, Renuka. "Gadgil Jewellers 179-year-old journey from footpath to international showrooms". DNA India. Retrieved 2024-10-10.
  7. ↑ "Costly gold may drive up demand for silver in rural India". The Economic Times. 2016-03-02. ISSN   0013-0389 . Retrieved 2024-10-10.
  8. ↑ "4 booked for trying to extort ₹50 lakh from Pune jeweller". Hindustan Times.
  9. 1 2 "PNG Jewellers By Saurabh V. Gadgil Is A Jewellery Behemoth In Making". BW Businessworld. Retrieved 2024-10-10.
  10. ↑ "P N Gadgil Jewellers founder 'Dajikaka' dead". The Indian Express. 2014-01-11. Retrieved 2024-10-10.
  11. ↑ "Alumni Connect: 'I learnt professional formality from my college, which helped,' says Saurabh V. Gadgil". Hindustan Times.
  12. ↑ "Soundarya Kumar Pradhan clinches 15th AICFB National Chess Championship - ChessBase India". ChessBase . 2022-04-10. Retrieved 2024-10-10.
  13. ↑ "DHFL seeks loan dues of Rs 112 cr from Pune-based realtor, guarantors".
  14. ↑ "Indian Retailer - Taking the Legacy Forward!". Indian Retailer. Retrieved 2024-10-10.
  15. ↑ IN, FashionNetwork com. "PNG Jewellers bets on omni-channel strategy, franchise model for growth". FashionNetwork.com. Retrieved 2024-10-10.
  16. ↑ Krishna, Tanya. "Indian Retailer - We Plan to Open 20 New Outlets Through Franchise Model In Next 3 Years: Saurabh V. Gadgil". Indian Retailer. Retrieved 2024-10-10.
  17. ↑ "P N Gadgil Jewellers founder 'Dajikaka' dead". The Indian Express. 2014-01-11. Retrieved 2024-10-10.
  18. ↑ "P N Gadgil Jewellers expands business".
  19. ↑ "Salman Khan and Saurabh V. Gadgil clicked during the launch of Prem Ratan Dhan Payo collections in Mumbai - Photogallery". photogallery.indiatimes.com. Retrieved 2024-10-10.
  20. ↑ "PNG to launch Salman's ?Being Human' jewellery line". Indian Retailer. Retrieved 2024-10-10.
  21. ↑ Ghosal, Sutanuka (2015-02-14). "PN Gadgil Jewellers rope in Salman Khan, Madhuri Dixit for global endorsements". The Economic Times. ISSN   0013-0389 . Retrieved 2024-10-10.
  22. ↑ "For couples in Pune, weddings are about the right mix of ethnic and modern". India Today. 2016-11-22. Retrieved 2024-10-10.
  23. ↑ service, diamond world news (2015-10-21). "PNG Jewellers launches store in California". Diamond World. Retrieved 2024-10-10.
  24. ↑ "PNG to launch Salman's ?Being Human' jewellery line". Indian Retailer. Retrieved 2024-10-10.
  25. ↑ "Saurabh V. Gadgil appointed as the Vice President of India Bullion & Jewellers Association (IBJA)". 2016-10-09. Archived from the original on 2016-10-09. Retrieved 2024-10-10.
  26. ↑ "Saurabh Gadgil: The Billionaire Behind India's Iconic Jewellery Brand | PNG Jewllery |". StartupTalky. 2024-10-23. Retrieved 2024-11-25.
  27. ↑ "Expanding jewels in Maharashtra's heart: PN Gadgil". The Times of India. 2024-09-17. ISSN   0971-8257 . Retrieved 2024-10-10.
  28. ↑ "Gold is old! Why Indian grooms are opting for platinum jewellery instead of gold". The Times of India. 2023-11-28. ISSN   0971-8257 . Retrieved 2024-10-10.
  29. ↑ Vashishth, Neha (2024-09-09). "PN Gadgil Jewellers IPO: Top brass on 'Peshwa route' and how it became a legacy jeweller in Maharashtra". The Economic Times. ISSN   0013-0389 . Retrieved 2024-10-10.
  30. ↑ "Saurabh V. Gadgil, MD, P N Gadgil Jewellers On IPO, Financials, Debt & Expansion Plans". Business Today. 2024-09-10. Retrieved 2024-10-10.
  31. ↑ "लंडन मराठी संमेलनाचा जल्लोष". Maharashtra Times (in Marathi). Retrieved 2024-11-25.
  32. ↑ "P.N. Gadgil Jewellers Bags Three National Awards – Gems2Jewellery" . Retrieved 2024-11-25.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.