Comparison between PNGS Gargi Fashion Jewellery IPO and RBM Infracon IPO.
IPO Details
PNGS Gargi Fashion Jewellery IPO is a SME Fixed Price IPO proposed to list at BSE SME while RBM Infracon IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of PNGS Gargi Fashion Jewellery IPO is up to ₹7.39 Cr whereas the issue size of the RBM Infracon IPO is up to ₹7.95 Cr. The final issue price of PNGS Gargi Fashion Jewellery IPO is ₹30.00 per share and of RBM Infracon IPO is ₹36.00 per share.
IPO Timetable
PNGS Gargi Fashion Jewellery IPO opens on Dec 08, 2022, while RBM Infracon IPO opens on Dec 23, 2022. The closing date of PNGS Gargi Fashion Jewellery IPO and RBM Infracon IPO is Dec 13, 2022, and Dec 27, 2022, respectively.
| | PNGS Gargi Fashion Jewellery IPO | RBM Infracon IPO |
|---|
| Issue Open | Dec 08, 2022 | Dec 23, 2022 |
| Issue Close | Dec 13, 2022 | Dec 27, 2022 |
| Basis Of Allotment (Tentative) | Dec 16, 2022 | Dec 30, 2022 |
| Initiation of Refunds (Tentative) | Dec 19, 2022 | Jan 02, 2023 |
| Credit of Share (Tentative) | Dec 20, 2022 | Jan 03, 2023 |
| Listing date (Tentative) | Dec 20, 2022 | Jan 04, 2023 |
Financials & KPIs
PNGS Gargi Fashion Jewellery IPO P/E ratio is 6.77, as compared to RBM Infracon IPO P/E ratio of 11.61.
Shares Offered
In the PNGS Gargi Fashion Jewellery IPO Retail Individual Investors (RII) are offered 12,32,000 shares while in RBM Infracon IPO retail investors are offered 12,32,000 shares. Qualified Institutional Buyers (QIB) are offered in PNGS Gargi Fashion Jewellery IPO and in RBM Infracon IPO.
| | PNGS Gargi Fashion Jewellery IPO | RBM Infracon IPO |
|---|
| Market Maker Reservation | 1,36,000 shares | 1,17,000 shares |
| NII | 12,32,000 shares | 11,04,000 shares |
| RII | 12,32,000 shares | 11,04,000 shares |
| Total | 24,64,000 shares | 22,08,000 shares |
Bids Received (Subscription)
PNGS Gargi Fashion Jewellery IPO subscribed 230.94x in total, whereas RBM Infracon IPO subscribed 40.32x.