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
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 |
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 |
PNGS Gargi Offer News
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 |
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 |
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 |
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
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
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
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.
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%) |
PNGS Gargi IPO FAQs
What is PNGS Gargi offer size?
PNGS Gargi offer size is INR 7.80 crore.
What is PNGS Gargi IPO Price Band?
PNGS Gargi public offer price is INR 30 per share.
What is the lot size of PNGS Gargi Fashion Jewellery IPO?
PNGS Gargi offer lot size is 4,000 shares.
What is PNGS Gargi IPO GMP today?
PNGS Gargi IPO GMP today is INR 13 per share.
What is PNGS Gargi kostak rate today?
PNGS Gargi kostak rate today is NA per application.
What is PNGS Gargi Subject to Sauda rate today?
PNGS Gargi Subject to Sauda rate today is INR 55,000 per application.
