PNGS Gargi Fashion Jewellery IPO 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.
PNGS Gargi Fashion Jewellery IPO – Overview
| IPO Dates | 5-12 Dec 2022. |
| IPO Price | INR 30 per share |
| Fresh issue | 2,600,000 shares (INR 7.80 crore) |
| Offer For Sale | Nil |
| Total IPO size | 2,600,000 shares (INR 7.80 crore) |
| Minimum bid (lot size) | 4000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE Emerge |
PNGS Gargi Fashion Jewellery IPO -Tentative Dates
| IPO Offer Opening Date | 8 December 2022 |
| 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 |
| IPO Listing Date | 20 December 2022 |
| Opening Price on BSE SME | Coming soon |
| Closing Price on BSE SME | Coming soon |
Company Overview
PNGS Gargi Fashion Jewellery 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.
Objects of the Issue
- Expansion of Business.
- General Corporate Purposes.
Company Financials
| Particulars | 31-March-22 | 31-June-21 | 31-Mar-20 |
| Total Assets | 836.2 | 2.64 | 2.93 |
| Total Revenue | 593.94 | 0.63 | 0 |
| Profit After Tax | 110.53 | 0.35 | 0.1 |
Company Contact Information
PNGS Gargi Fashion Jewellery Limited
S. No. 37/1 & 37/2,
Near Lokmat New Paper,
Wadgaon, Khurd, Pune – 411 041
Phone: 020 – 2991 1980
Email: info@gargibypng.com
Website: https://www.gargibypng.com/
IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
