
PNGS Gargi Fashion Jewellery Limited
BSE SME₹120,000 / 4000 Shares
PNGS Gargi Fashion Jewellery Limited IPO Details
The PNGS Gargi Fashion Jewellery Limited IPO price band is set between ₹30 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt Ltd, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 8 Dec, 2022 and closes on 13 Dec, 2022. Investors can check the allotment status on 16 Dec, 2022, while the listing date is tentatively scheduled for 20 Dec, 2022.
The total issue size is 2,600,000 shares of ₹10, aggregating up to ₹7.80 Cr. Stay tuned for the latest PNGS Gargi Fashion Jewellery Limited IPO review and GMP updates.
PNGS Gargi Fashion Jewellery Limited IPO Review, Rating & Analysis
PNGS Gargi Fashion Jewellery Limited IPO Review
NO REVIEWPNGS Gargi Fashion Jewellery Limited IPO Rating
PNGS Gargi Fashion Jewellery Limited IPO Highlights
IPO Date
Dec 8, 2022 - Dec 13, 2022
Listing Date
20 Dec, 2022
Face Value
₹10 Per Equity Share
Price Band
₹30 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
PNGS Gargi Fashion Jewellery Limited IPO Lot Size
The minimum market lot for PNGS Gargi Fashion Jewellery Limited IPO is 4000 shares with an application amount of ₹1,20,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4000 | ₹1,20,000 |
| Retail (Max) | 1 | 4000 | ₹1,20,000 |
| S-HNI (Min) | 2 | 8000 | ₹2,40,000 |
| S-HNI (Max) | 8 | 32000 | ₹9,60,000 |
| B-HNI (Min) | 9 | 36000 | ₹10,80,000 |
PNGS Gargi Fashion Jewellery Limited IPO Timeline
Issue Price
₹30 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Bigshare Services Pvt LtdLead Manager
SHRENI SHARES PRIVATE LIMITEDIssue Size
2,600,000 shares of ₹10(aggregating up to ₹7.80 Cr)PNGS Gargi Fashion Jewellery Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Sep 22 | 1247.77 | 1189.18 | 213.17 | - | - | - |
| 31 Mar 22 | 836.2 | 593.94 | 110.53 | - | - | - |
| 31 Mar 21 | 2.64 | 0.63 | 0.35 | - | - | - |
| 31 Mar 20 | 2.93 | N/A | 0.1 | - | - | - |
All values are in ₹ Lakh
Promoters & Share Holding
Promoter(s) Name
- Mr. Govind Vishwanath Gadgil
- Ms. Renu Govind Gadgil
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100% | 73.00% |
About Company
Incorporated in 2009, PNGS Gargi Fashion Jewellery Limited is engaged in the retail business of costume and fashion jewellery under the brand name Gargi by P. N. Gadgil & Sons launched in 2021 under the artificial jewellery segment.
The company deals in 92.5% certified sterling silver jewellery and brass jewellery, idols and other silverware and related gift items. PNGS Gargi Fashion Jewellery Limited offer a wide range of products from artificial jewellery segment for special occasions such as weddings and festivals to daily-wear jewellery for all ages, genders and across various price points.
The company have an extensive product list which includes earrings, necklaces, pendants, chains, finger rings, bracelets, anklets, nose pins, mangal sutra, pendant sets, bangles in brass or silver for females of age groups as well as male accessories such as rings, cufflinks, button set, that cater to our customers taste, preference, choice and the ever-changing trends in the chain and jewellery designs.
The company has an agreement with P.N. Gadgil & Sons Limited and P. N. Gadgil Art & Culture Foundation includes providing with security guards to all the stores, 24 hours a day where our POS Counters are present.
PNGS Gargi Fashion Jewellery Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,232,000 | 1,232,000 | 2,464,000 |
Day 1 -08-12-22 06:00 PM | 1.00 x | 6.87 x | 3.94 x |
Day 2 -09-12-22 06:00 PM | 4.51 x | 19.63 x | 12.08 x |
Day 3 -12-12-22 06:00 PM | 12.22 x | 63.96 x | 38.11 x |
Day 4 -13-12-22 06:00 PM | 209.67 x | 248.44 x | 230.82 x |
Frequently Asked Questions about PNGS Gargi Fashion Jewellery Limited IPO
When will PNGS Gargi Fashion Jewellery Limited IPO open for subscription?
The PNGS Gargi Fashion Jewellery Limited IPO opens on 8 Dec, 2022 and closes on 13 Dec, 2022.
What is the investors portion for PNGS Gargi Fashion Jewellery Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 1232000.
How to apply for PNGS Gargi Fashion Jewellery Limited IPO?
You can apply for PNGS Gargi Fashion Jewellery Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of PNGS Gargi Fashion Jewellery Limited IPO?
The issue size of PNGS Gargi Fashion Jewellery Limited IPO is approx ₹2,600,000 shares of ₹10(aggregating up to ₹7.80 Cr) crores.
What is the price band of PNGS Gargi Fashion Jewellery Limited IPO?
The price band for PNGS Gargi Fashion Jewellery Limited IPO is ₹30 per equity share to ₹undefined.
What is the lot size of PNGS Gargi Fashion Jewellery Limited IPO?
The minimum bid (lot size) for PNGS Gargi Fashion Jewellery Limited IPO is N/A shares with an investment of approx ₹120,000 .
What is the allotment date of PNGS Gargi Fashion Jewellery Limited IPO?
The allotment date for PNGS Gargi Fashion Jewellery Limited IPO is 16 Dec, 2022.
What is the listing date of PNGS Gargi Fashion Jewellery Limited IPO?
The listing date for PNGS Gargi Fashion Jewellery Limited IPO is expected to be 20 Dec, 2022.
What is the GMP of PNGS Gargi Fashion Jewellery Limited IPO?
The latest Grey Market Premium (GMP) for PNGS Gargi Fashion Jewellery Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.
