PNGS Gargi Fashion Jewellery Limited
Fixed Price IPO · BSE
- Price band
- ₹30 - ₹30
- Lot size
- 4,000 shares
- Issue amount
- ₹7.8 cr
- Total subscription
- 230.82×
- Opens
- 8 Dec 2022
- Closes
- 13 Dec 2022
- Allotment
- 16 Dec 2022
- Listing
- 20 Dec 2022
Offer at a glance
Issue overview
- Issue size
- 26,00,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,20,000
- Fresh issue
- ₹7.8 cr
- Offer for sale
- ₹0 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,20,000
- Issue type
- Fixed Price IPO
- Shares before issue
- 70,28,003
- Shares after issue
- 96,28,003
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 4,000 | ₹1,20,000 |
| HNI | 2 | 8,000 | ₹1,20,000 |
Share reservation
Subscription & GMP
Subscription by category
Subscription figures are awaiting publication.
GMP history
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Company information
Company profile
Incorporated in 2009, PNGS Gargi Fashion Jewellery Limited operates in the retail business of costume and fashion jewellery under the brand “Gargi by P. N. Gadgil & Sons,” introduced in 2021 in the artificial jewellery segment. The company offers 92.5% certified sterling silver jewellery, brass jewellery, idols, silverware, and gift items, covering a wide range of products suitable for weddings, festivals, and daily wear across all age groups and genders. Its extensive portfolio includes earrings, necklaces, pendants, chains, rings, bracelets, anklets, nose pins, mangalsutra, pendant sets, and bangles, along with men’s accessories such as rings, cufflinks, and button sets to match evolving trends and customer preferences. The company also has an agreement with P. N. Gadgil & Sons Limited and P. N. Gadgil Art & Culture Foundation to provide 24×7 security guards at all store locations where its POS counters operate.
Strengths
- Strong & Trusted Brand Name: Backed by the long-established reputation of “P.N. Gadgil & Sons.”
- Wide Product Range: Offers an extensive list of products to meet diverse customer needs.
- Hybrid Shopping Model: Provides both online and offline shopping options for customer convenience.
- Experienced Promoters & Skilled Team: Led by knowledgeable promoters and supported by a well-trained workforce.
- Robust Internal Controls: Follows effective processes to ensure smooth and reliable operations.
Promoters
Mr. Govind Vishwanath Gadgil
Ms. Renu Govind Gadgil
Registrar & documents
Lead manager
Shreni Shares Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
S. No. 37/1 & 37/2, Near Lokmat New Paper, Wadgaon, Khurd, Pune – 411 041
020 – 2991 1980
[email protected]Company website ↗Understanding GARGI IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.