Arham Technologies IPO vs PNGS Gargi Fashion Jewellery IPO

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

IPO Details

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

	Arham Technologies IPO	PNGS Gargi Fashion Jewellery IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Finshore Management Services Limited	Shreni Shares Limited
Registrar	Cameo Corporate Services Limited	Bigshare Services Pvt Ltd
Market Maker	Nikunj Stock Brokers Limited	Shreni Shares Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Arham Technologies IPO is up to ₹9.58 Cr whereas the issue size of the PNGS Gargi Fashion Jewellery IPO is up to ₹7.80 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 IPO	PNGS 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)
Discount (Employee)
Market Lot Size	3000 shares	4000 shares
Fresh Issue Size	22,80,000 shares	26,00,000 shares
Fresh Issue Size (Amount)	up to ₹9.58 Cr	up to ₹7.80 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	22,80,000 shares	26,00,000 shares
Issue Size Total (Amount)	up to ₹9.58 Cr	up to ₹7.80 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 IPO	PNGS Gargi Fashion Jewellery IPO
Anchor Bid Date
Issue Open	Dec 05, 2022	Dec 08, 2022
Issue Close	Dec 07, 2022	Dec 13, 2022
Basis Of Allotment (Tentative)	Dec 12, 2022	Dec 16, 2022
Initiation of Refunds (Tentative)	Dec 13, 2022	Dec 19, 2022
Credit of Share (Tentative)	Dec 14, 2022	Dec 20, 2022
Listing date (Tentative)	Dec 15, 2022	Dec 20, 2022
Anchor Lockin End date 1	Jan 11, 2023	Jan 15, 2023
Anchor Lockin End date 2	Mar 12, 2023	Mar 16, 2023

Financials

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 IPO

PNGS Gargi Fashion Jewellery IPO

Financial

Arham Technologies Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	977.71	1379.28	56.51	164.75	1.67	730.68
31-Mar-21	1542.22	2280.11	203.76	411.44	205.44	813.38
31-Mar-22	2314.27	3727.37	302.01	713.44	507.44	1032.89
30-Sep-22	2657.5	2140.06	128.37	841.81	223.81	1212.91
Amount in ₹ Lakhs

PNGS Gargi Fashion Jewellery Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-20	2.93	0	0.1	1.28	0.36
31-Mar-21	2.64	0.63	0.35	1.62	0.36
31-Mar-22	836.2	593.94	110.53	109.5	531.28
30-Sep-22	1247.77	1189.18	213.17	1072.71
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

100%

Promoter Shareholding (Post-Issue)

73.05%

73%

P/E Ratio

13.82

6.77

Market Cap

₹35.53 Cr.

₹28.88 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Arham Technologies IPO retail 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 IPO	PNGS Gargi Fashion Jewellery IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,14,000 shares	1,36,000 shares
QIB
NII	10,83,000 shares	12,32,000 shares
RII	10,83,000 shares	12,32,000 shares
Employee
Others
Total	21,66,000 shares	24,64,000 shares

Bids Received (Subscription)

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

	Arham Technologies IPO	PNGS Gargi Fashion Jewellery IPO
QIB (times)
NII (times)	418.27x	213.21x
Big NII (times)
Small NII (times)
RII (times)	481.79x	248.68x
Employee (times)
Other (times)
Total (times)	450.03x	230.94x

Compare with others

Arham Technologies IPO	PNGS Gargi Fashion Jewellery IPO
Uma Converter IPO	RBM Infracon IPO
Arihant Academy IPO	Homesfy Realty IPO
PNGS Gargi Fashion Jewellery IPO	Dollex Agrotech IPO
Droneacharya Aerial Innovations IPO	Uma Converter IPO
All E Technologies IPO	Arihant Academy IPO
Baheti Recycling Industries IPO	Droneacharya Aerial Innovations IPO
Pritika Engineering Components IPO	All E Technologies IPO
AMBO Agritec IPO	Arham Technologies IPO
Amiable Logistics IPO	Baheti Recycling Industries IPO
DAPS Advertising IPO	Pritika Engineering Components IPO

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