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Open
8 Dec 2022
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Close
13 Dec 2022
3
Allotment
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Listing
Tue, Dec 20, 2022
Price Band
₹30 per share
Issue Size
26,00,000 shares (agg. up to ₹8 Cr)
Lot Size
4,000 Shares
Listing Date
Tue, Dec 20, 2022
Latest GMP
₹27
Est. Gain
90%
✦ AI Insight
GMP Trend
20-12-2022₹27Est. ₹57+90%
19-12-2022₹30Est. ₹60+100%
18-12-2022₹28Est. ₹58+93.33%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 228.74x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 12.48 | 8.36 | 0.03 | 0.03 |
| Total Income | 11.89 | 5.94 | 0.01 | 0.00 |
| Profit After Tax | 2.13 | 1.11 | 0.00 | 0.00 |
| NET Worth | 10.73 | 1.10 | 0.02 | 0.01 |
| Total Borrowing | 5.31 | 0.00 | 0.00 | |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Veerkrupa Jewellers Ltd. | SME | ₹8.10 Cr | ₹27 | 75 | ₹25.65 | -5.00% | ₹0.53 (-5.36%) |
| Eighty Jewellers Ltd. | SME | ₹11.07 Cr | ₹41 | 25.15 | ₹44.10 | +7.56% | ₹46.45 (+4.88%) |
| Foce India Ltd. | SME | ₹29.03 Cr | ₹225 | null | ₹225.70 | +0.31% | ₹604.80 (+0.47%) |
| Ethos Ltd. | Mainboard | ₹402.26 Cr | ₹878 | 96 | ₹803.10 | -8.53% | ₹2,633.30 (-0.86%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding working capital requirement | 5.50 |
| 2 | General Corporate Purpose | 1.77 |
About PNGS Gargi Fashion Jewellery IPO
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 P
Contact Details
PNGS Gargi Fashion Jewellery Ltd. AddressS.No.37/1 & 37/2Near Lokmat New PaperWadgaon, KhurdPune, Maharashtra, 411041020 – 2991 1980info@gargibypng.comVisit Website