PNGS Gargi Fashion Jewellery IPO: GMP, Price, Dates, Issue Size

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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 
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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 
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
Websitehttps://www.gargibypng.com/

IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Websitehttp://www.bigshareonline.com

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