Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Arham Technologies IPO vs PNGS Gargi Fashion Jewellery IPO

Comparison between Arham Technologies IPO and PNGS Gargi Fashion Jewellery IPO.

IPO Details

Arham Technologies IPO is a SME Fixed Price IPO proposed to list at NSE SME while PNGS Gargi Fashion Jewellery IPO is a SME Fixed Price proposed to list at BSE SME.

 Arham Technologies IPOPNGS Gargi Fashion Jewellery IPO
LogoArham Technologies IPO LogoPNGS Gargi Fashion Jewellery IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersFinshore Management Services Ltd.Shreni Shares Ltd.
RegistrarCameo Corporate Services Ltd.Bigshare Services Pvt.Ltd.
Market MakerNikunj Stock Brokers Ltd.Shreni Shares Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Arham Technologies IPO is up to ₹9.10 Cr whereas the issue size of the PNGS Gargi Fashion Jewellery IPO is up to ₹7.39 Cr. The final issue price of Arham Technologies IPO is ₹42.00 per share and of PNGS Gargi Fashion Jewellery IPO is ₹30.00 per share.

 Arham Technologies IPOPNGS Gargi Fashion Jewellery IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹42.00 per share₹30.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares4000 shares
Fresh Issue Size21,66,000 shares24,64,000 shares
Fresh Issue Size (Amount)up to ₹9.10 Crup to ₹7.39 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total21,66,000 shares24,64,000 shares
Issue Size Total (Amount)up to ₹9.10 Crup to ₹7.39 Cr

IPO Timetable

Arham Technologies IPO opens on Dec 05, 2022, while PNGS Gargi Fashion Jewellery IPO opens on Dec 08, 2022. The closing date of Arham Technologies IPO and PNGS Gargi Fashion Jewellery IPO is Dec 07, 2022, and Dec 13, 2022, respectively.

 Arham Technologies IPOPNGS Gargi Fashion Jewellery IPO
Anchor Bid Date
Issue OpenDec 05, 2022Dec 08, 2022
Issue CloseDec 07, 2022Dec 13, 2022
Basis Of Allotment (Tentative)Dec 12, 2022Dec 16, 2022
Initiation of Refunds (Tentative)Dec 13, 2022Dec 19, 2022
Credit of Share (Tentative)Dec 14, 2022Dec 20, 2022
Listing date (Tentative)Dec 15, 2022Dec 20, 2022
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Arham Technologies IPO P/E ratio is 13.82, as compared to PNGS Gargi Fashion Jewellery IPO P/E ratio of 6.77.

 Arham Technologies IPOPNGS Gargi Fashion Jewellery IPO
Financials
Arham Technologies Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-20977.711379.2856.51164.751.67730.68
31-Mar-211542.222280.11203.76411.44205.44813.38
31-Mar-222314.273727.37302.01713.44507.441032.89
30-Sep-222657.52140.06128.37841.81223.811212.91
Amount in ₹ Lakhs
PNGS Gargi Fashion Jewellery Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthTotal Borrowing
31-Mar-202.9300.11.280.36
31-Mar-212.640.630.351.620.36
31-Mar-22836.2593.94110.53109.5531.28
30-Sep-221247.771189.18213.171072.71
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100.00100
Promoter Shareholding (Post-Issue)73.0573
P/E Ratio13.826.77
Market Cap₹35.53 Cr.₹28.88 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Arham Technologies IPO Retail Individual Investors (RII) are offered 10,83,000 shares while in PNGS Gargi Fashion Jewellery IPO retail investors are offered 10,83,000 shares. Qualified Institutional Buyers (QIB) are offered in Arham Technologies IPO and in PNGS Gargi Fashion Jewellery IPO.

 Arham Technologies IPOPNGS Gargi Fashion Jewellery IPO
Anchor Investor Reserveration
Market Maker Reserveration1,14,000 shares1,36,000 shares
QIB
NII10,83,000 shares12,32,000 shares
RII10,83,000 shares12,32,000 shares
Employee
Others
Total21,66,000 shares24,64,000 shares

Bids Received (Subscription)

Arham Technologies IPO subscribed 450.03x in total, whereas PNGS Gargi Fashion Jewellery IPO subscribed 230.94x.

 Arham Technologies IPOPNGS Gargi Fashion Jewellery IPO
QIB (times)
NII (times)418.27x213.21x
Big NII (times)
Small NII (times)
RII (times)481.79x248.68x
Employee (times)
Other (times)
Total (times)450.03x230.94x