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PNGS Gargi Fashion Jewellery IPO is a Fixed Price IPO listing on BSE SME exchange. The company is based in Pune and caters to Jewellery sector. Shreni Shares is the merchant banker of PNGS Gargi Fashion Jewellery IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 28th November 2022.
PNGS Gargi Fashion Jewellery IPO open date is 8th December 2022 and close date is 13th December 2022. IPO Allotment Date is 16th December 2022 and Listing date is 20th December 2022.
IPO
Size:
₹ 7.80 Cr.
Avg IPO Size (Sector Based)
: ₹
14.93 cr.
Sector: Jewellery
SME
IPO so far:
41
Merchant Banker:
Shreni Shares
SME
IPO by BRLM so far:
47
City:
Pune
SME
IPO so far:
36
Revenue (annualised):
₹
23.78
cr. 
PE
Ratio:
6.77x
Average Sector PE Ratio: 25.29x
PNGS Gargi Fashion Jewellery IPO size is ₹ 7.80 Cr. with IPO price of ₹ 30.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Shreni Shares Limited is the book-running lead manager of the PNGS Gargi Fashion Jewellery IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Shreni Shares Private Limited for PNGS Gargi Fashion Jewellery IPO.
PNGS Gargi Fashion Jewellery IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
PNGS Gargi Fashion Jewellery IPO, based in Pune, operates in the Jewellery sector with a focus on Retail Business of Jewellery. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. PNGS Gargi Fashion Jewellery IPO size is ₹ 7.80 Cr. with fresh issue size of ₹ 7.80 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for PNGS Gargi Fashion Jewellery IPO is expected to be 16th December 2022, after the finalization of basis of allotment. Investors can check PNGS Gargi Fashion Jewellery IPO allotment status on the registrars website, Bigshare Services Private Limited. PNGS Gargi Fashion Jewellery IPO refund dates are 19th December 2022.
PNGS Gargi Fashion Jewellery IPO is expected to be listed on 20th December 2022.
The upper price band for the PNGS Gargi Fashion Jewellery IPO is set at ₹ 30.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on PNGS Gargi Fashion Jewellery IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the PNGS Gargi Fashion Jewellery IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 13th December 2022. After submission, funds are blocked until the basis of allotment of PNGS Gargi Fashion Jewellery IPO is finalised.
The merchant banker for PNGS Gargi Fashion Jewellery IPO is Shreni Shares Limited . Shreni Shares Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the PNGS Gargi Fashion Jewellery IPO RHP for further details.
The registrar for PNGS Gargi Fashion Jewellery IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to PNGS Gargi Fashion Jewellery IPO through their official website or helpline.
PNGS Gargi Fashion Jewellery IPO was subscribed 230.94 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 7.80 Cr.
Avg IPO Size (Sector Based)
:
₹ 14.93 Cr.
Sector: Jewellery
SME
IPO so far:
41
Merchant Banker:
Shreni Shares
SME
IPO by BRLM so far:
47
City:
Pune
SME
IPO so far:
36
Revenue (annualised):
₹ 23.78 cr.
PE
Ratio:
6.77x
Average Sector PE Ratio: 25.29x
PNGS Gargi Fashion Jewellery IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on PNGS Gargi Fashion Jewellery Financial Review Page
Merchant Banker(s) of PNGS Gargi Fashion Jewellery IPO: Shreni Shares Limited
PNGS Gargi Fashion Jewellery IPO subscription was 230.94 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
PNGS Gargi Fashion Jewellery IPO listed at a listing price of 59.85 against the offer price of 30.00.
The current market price of PNGS Gargi Fashion Jewellery is 1008.75.
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