Comparison between Arihant Academy IPO and PNGS Gargi Fashion Jewellery IPO.
IPO Details
Arihant Academy 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.
Issue Size and Price
The total issue size of Arihant Academy IPO is up to ₹13.97 Cr whereas the issue size of the PNGS Gargi Fashion Jewellery IPO is up to ₹7.39 Cr. The final issue price of Arihant Academy IPO is ₹90.00 per share and of PNGS Gargi Fashion Jewellery IPO is ₹30.00 per share.
IPO Timetable
Arihant Academy IPO opens on Dec 16, 2022, while PNGS Gargi Fashion Jewellery IPO opens on Dec 08, 2022. The closing date of Arihant Academy IPO and PNGS Gargi Fashion Jewellery IPO is Dec 21, 2022, and Dec 13, 2022, respectively.
| | Arihant Academy IPO | PNGS Gargi Fashion Jewellery IPO |
|---|
| Issue Open | Dec 16, 2022 | Dec 08, 2022 |
| Issue Close | Dec 21, 2022 | Dec 13, 2022 |
| Basis Of Allotment (Tentative) | Dec 26, 2022 | Dec 16, 2022 |
| Initiation of Refunds (Tentative) | Dec 27, 2022 | Dec 19, 2022 |
| Credit of Share (Tentative) | Dec 28, 2022 | Dec 20, 2022 |
| Listing date (Tentative) | Dec 29, 2022 | Dec 20, 2022 |
Financials & KPIs
Arihant Academy IPO P/E ratio is 19.11, as compared to PNGS Gargi Fashion Jewellery IPO P/E ratio of 6.77.
Shares Offered
In the Arihant Academy IPO Retail Individual Investors (RII) are offered 7,76,000 shares while in PNGS Gargi Fashion Jewellery IPO retail investors are offered 7,76,000 shares. Qualified Institutional Buyers (QIB) are offered in Arihant Academy IPO and in PNGS Gargi Fashion Jewellery IPO.
| | Arihant Academy IPO | PNGS Gargi Fashion Jewellery IPO |
|---|
| Market Maker Reservation | 83,200 shares | 1,36,000 shares |
| NII | 7,76,000 shares | 12,32,000 shares |
| RII | 7,76,000 shares | 12,32,000 shares |
| Total | 15,52,000 shares | 24,64,000 shares |
Bids Received (Subscription)
Arihant Academy IPO subscribed 235.87x in total, whereas PNGS Gargi Fashion Jewellery IPO subscribed 230.94x.
