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.

PNGS Gargi

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

PNGS Gargi Fashion Jewellery IPO Details

PNGS Gargi IPO Dates8 – 13 December 2022
PNGS Gargi IPO PriceINR 30 per share
Fresh issue26,00,000 shares (INR 7.80 crore)
Offer For SaleNil
Total IPO size26,00,000 shares (INR 7.80 crore)
Minimum bid (lot size)4,000 shares (INR 120,000)
Face Value INR 10 per share
Retail Allocation50%
Listing OnBSE SME

PNGS Gargi Financial Performance

 FY 2020FY 2021FY 2022H1 FY 2023
Net income(0.10)0.35110.53213.17
Figures in INR Lacs unless specified otherwise

PNGS Gargi Offer News

PNGS Gargi Valuations & Margins

FY 2020FY 2021FY 2022
PE ratio0.08
RONW (%)(7.72)21.28100.94
*Compiled by IPO Central from Prospectus

PNGS Gargi IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
19 Dec 20221355,000
17 Dec 20221245,000
16 Dec 20222050,000
15 Dec 20222052,000
14 Dec 20221842,000
13 Dec 20221530,000
12 Dec 20221530,000
10 Dec 20221528,000
9 Dec 20221528,000
8 Dec 20221222,000
7 Dec 20221020,000
6 Dec 20221020,000
5 Dec 20221020,000

PNGS Gargi IPO Subscription – Live Updates

Shares Offered1,300,0001,300,0002,600,000
13 Dec 2022202.06235.67218.86
12 Dec 202211.6160.6236.11
9 Dec 20224.3419.4111.88
8 Dec 20220.946.543.74
As on 06:57:19 PM

PNGS Gargi Offer Lead Manager

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

PNGS Gargi Offer Registrar

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]

PNGS Gargi Contact Details

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]

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 Date8 December 2022
PNGS Gargi IPO Closing Date13 December 2022
Finalisation of Basis of Allotment16 December 2022
Initiation of refunds19 December 2022
Transfer of shares to demat accounts20 December 2022
PNGS Gargi IPO Listing Date20 December 2022
Opening Price on BSE SMEINR 57 per share (up 90%)
Closing Price on BSE SMEINR 59.85 per share (up 99.5%)


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.


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