According to BSE data, the initial share sale attracted bids for 3,62,56,608 shares, with 1,53,50,877 shares on offer.
The anchor book will open on September 13, with share allotment scheduled for September 20.
The broader market indices, BSE Midcap and Smallcap also closed positive with 0.5%
Retail Individual Investors (RIIs) placed 7.89 times subscriptions, while non-institutional investors placed 3.18 times of their quota.
The order involves the supply, installation, and commissioning of 8,085 solar water pumping systems across multiple districts, with a 5-year warranty.
P N Gadgil Jewellers' IPO allocated 50% of its shares to Qualified Institutional Buyers (QIBs), 15% to Non-Institutional Investors (NIIs), and 35% to regular investors.
The initial public offering of Bajaj Housing Finance IPO has been subscribed 6.18 times on the second day of subscription today, according to BSE data.
On September 10, the Sensex rose 362 points and closed at 81,921 while Nifty climbed 105 points to 25,041. This was led by IT, Telecom, Power and healthcare sectors.
This is the second straight month of excellent increase in Q2 FY25, demonstrating the company's sustained success in toll collecting.
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