Business Standard

PNGS Gargi Fashion Jewellery Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

7.80 cr

Price Range (₹)

30

Lot Size

4000

Min Investment (₹)

1,20,000.00

Listing Exchange

BSE - SME

Open Date

08-Dec-2022

Close Date

13-Dec-2022

Listing Date

20-Dec-2022

PNGS Gargi Fashion Jewellery Ltd News

    The Shares of PNGS Gargi Fashion Jewellery Ltd have now been listed.

    PNGS Gargi Fashion Jewellery Ltd IPO Details

    Initial public offering of 26,00,000 equity shares of face value of Rs. 10/- each (Equity Shares) of PNGS Gargi Fashion Jewellery Limited (Gargi or The Company or The Company or The Issuer) for cash at a price of Rs. 30/- per equity share (including a premium of Rs. 20/- per equity share) (Issue Price) aggregating Rs. 7.80 croress (The Issue) of which 1,36,000 equity shares aggregating to Rs. 0.41 crores will be reserved for subscription by market maker (Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. issue of 24,64,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 30/- per equity share aggregating Rs. 7.39 croress (Net Issue). The issue and the net issue will constitute 27.00% and 25.59% of the post-issue paid-up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the issue price is 3.0 times of the face value.The minimum lot size is 4,000 equity shares

    Objective of issue

    Funding Working Capital Requirements. General Corporate Purpose.

    PNGS Gargi Fashion Jewellery Ltd Contact Details

    PNGS Gargi Fashion Jewellery Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

    Phone - 91-22-62638200

    Fax - 91-22-63638299

    Email - info@gargibypng.com

    Website - www.gargibypng.com