PNGS GARGI FASHION (BSE SME)

Dec 8, 2022 - Dec 13, 2022

Premium	₹32
Price	₹30 - ₹30
Lot size	4000
Allotment	Dec 16, 2022
Listing	Dec 20, 2022

Category	Lot(s)	Qty	Amount	Reserved
Retail	1	4000	120000	0
HNI	2	8000	240000	0

Investor Category	Subscription (times)
Qualified Institutions	[.]
Non-Institutional Buyers	213.20
Retail Investors	248.44
Employees	[.]
Others	[.]
Total	230.82

About

Retail 308 forms

LM SHERNI SHARES

Ipo Size 7.8 crore

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 POS Counters are present.

Competitive Strengths:

Long history, established and existing brand name of "P.N. Gadgil & Sons".
Extensive product list.
Hybrid Shopping model.
Experienced Promoters and a well-trained employee base.
Effective internal control and processes.

Company Financials

PNGS Gargi Fashion Jewellery Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-20	2.93	0	0.1	1.28	0.36
31-Mar-21	2.64	0.63	0.35	1.62	0.36
31-Mar-22	836.2	593.94	110.53	109.5	531.28
30-Sep-22	1247.77	1189.18	213.17	1072.71
Amount in ₹ Lakhs

Lead Manager(s)

Strength

Weakness

Registrar

Bigshare Services Pvt Ltd

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