PNGS Gargi IPO GMP, Review, Price, Allotment

Last updated on December 20, 2022

PNGS Gargi IPO description – The company 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. It deals in 92.5% certified sterling silver jewellery and brass jewellery, idols and other silverware and related gift items.

Its product lines include earrings, necklaces, pendants, chains, finger rings, bracelets, anklets, nose pins, mangal sutra, pendant set, 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. Its portfolio offers customers a wide variety of traditional, Indo-western, & modern design and jewellery.

The company operates through shop in shop model and has entered into an agreement with P.N. Gadgil & Sons Limited and P. N. Gadgil Art & Culture Foundation to have point of sales (POS) counters at its existing 30 showrooms across the states of Maharashtra, Gujarat and Karnataka.

Promoters of PNGS Gargi – Mr Govind Vishwanath Gadgil and Ms Renu Govind Gadgil

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PNGS Gargi Fashion Jewellery IPO Details

PNGS Gargi IPO Dates	8 – 13 December 2022
PNGS Gargi IPO Price	INR 30 per share
Fresh issue	26,00,000 shares (INR 7.80 crore)
Offer For Sale	Nil
Total IPO size	26,00,000 shares (INR 7.80 crore)
Minimum bid (lot size)	4,000 shares (INR 120,000)
Face Value	INR 10 per share
Retail Allocation	50%
Listing On	BSE SME

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PNGS Gargi Financial Performance

	FY 2020	FY 2021	FY 2022	H1 FY 2023
Revenue	–	0.60	593.93	1,189.17
Expenses	0.10	0.22	445.57	903.77
Net income	(0.10)	0.35	110.53	213.17

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PNGS Gargi Offer News

• PNGS Gargi RHP
• PNGS Gargi Draft Prospectus

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PNGS Gargi Valuations & Margins

	FY 2020	FY 2021	FY 2022
EPS	(0.35)	1.23	394.75
PE ratio	–	–	0.08
RONW (%)	(7.72)	21.28	100.94
NAV	4.56	5.80	391.09

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PNGS Gargi IPO GMP Today

Date	Consolidated IPO GMP	Kostak	Subject to Sauda
19 Dec 2022	13	–	55,000
17 Dec 2022	12	–	45,000
16 Dec 2022	20	–	50,000
15 Dec 2022	20	–	52,000
14 Dec 2022	18	–	42,000
13 Dec 2022	15	–	30,000
12 Dec 2022	15	–	30,000
10 Dec 2022	15	–	28,000
9 Dec 2022	15	–	28,000
8 Dec 2022	12	–	22,000
7 Dec 2022	10	–	20,000
6 Dec 2022	10	–	20,000
5 Dec 2022	10	–	20,000

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PNGS Gargi IPO Subscription – Live Updates

Category	Non-retail	Retail	Total
Shares Offered	1,300,000	1,300,000	2,600,000
13 Dec 2022	202.06	235.67	218.86
12 Dec 2022	11.61	60.62	36.11
9 Dec 2022	4.34	19.41	11.88
8 Dec 2022	0.94	6.54	3.74
As on 06:57:19 PM

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PNGS Gargi Offer Lead Manager

SHRENI SHARES PRIVATE LIMITED
Office No. 102, 1st Floor,
Sea Lord CHS, Ram Nagar,
Borivali (West), Mumbai – 400 092, Maharashtra
Phone: 022 – 2808 8456
E-mail: [email protected]
Website: www.shreni.in

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PNGS Gargi Offer Registrar

BIGSHARE SERVICES PRIVATE LIMITED
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis,
Makwana Road,Marol,
Andheri East, Mumbai – 400 059, Maharashtra
Phone: +91 – 22 – 6263 8200
Email: [email protected]
Website: www.bigshareonline.com

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PNGS Gargi Contact Details

PNGS GARGI FASHION JEWELLERY LIMITED
S. No. 37/1 & 37/2,
Near Lokmat New Paper, Wadgaon,
Khurd, Pune – 411 041, Maharashtra
Phone: + 91 020 – 2991 1980
E-mail: [email protected]
Website: www.gargibypng.com

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PNGS Gargi IPO Allotment Status

PNGS Gargi IPO allotment status is now available on Bigshare Services’ website. Click on Bigshare Services weblink to get allotment status.

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PNGS Gargi IPO Dates & Listing Performance

PNGS Gargi IPO Opening Date	8 December 2022
PNGS Gargi IPO Closing Date	13 December 2022
Finalisation of Basis of Allotment	16 December 2022
Initiation of refunds	19 December 2022
Transfer of shares to demat accounts	20 December 2022
PNGS Gargi IPO Listing Date	20 December 2022
Opening Price on BSE SME	INR 57 per share (up 90%)
Closing Price on BSE SME	INR 59.85 per share (up 99.5%)

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PNGS Gargi IPO FAQs