Dollex Agrotech IPO vs PNGS Gargi Fashion Jewellery IPO

Comparision between Dollex Agrotech IPO and PNGS Gargi Fashion Jewellery IPO.

IPO Details

Dollex Agrotech 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.

	Dollex Agrotech 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	Expert Global Consultants Private Limited	Shreni Shares Limited
Registrar	Skyline Financial Services Private Ltd	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 Dollex Agrotech IPO is up to ₹24.39 Cr whereas the issue size of the PNGS Gargi Fashion Jewellery IPO is up to ₹7.80 Cr. The final issue price of Dollex Agrotech IPO is ₹35.00 per share and of PNGS Gargi Fashion Jewellery IPO is ₹30.00 per share.

	Dollex Agrotech IPO	PNGS Gargi Fashion Jewellery IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹35.00 per share	₹30.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	4000 shares	4000 shares
Fresh Issue Size	49,68,000 shares	26,00,000 shares
Fresh Issue Size (Amount)	up to ₹17.39 Cr	up to ₹7.80 Cr
OFS Issue Size	20,00,000 shares
OFS Issue Size (Amount)	up to ₹7.00 Cr
Issue Size Total	69,68,000 shares	26,00,000 shares
Issue Size Total (Amount)	up to ₹24.39 Cr	up to ₹7.80 Cr

IPO Timetable

Dollex Agrotech IPO opens on Dec 15, 2022, while PNGS Gargi Fashion Jewellery IPO opens on Dec 08, 2022. The closing date of Dollex Agrotech IPO and PNGS Gargi Fashion Jewellery IPO is Dec 20, 2022, and Dec 13, 2022, respectively.

	Dollex Agrotech IPO	PNGS Gargi Fashion Jewellery IPO
Anchor Bid Date
Issue Open	Dec 15, 2022	Dec 08, 2022
Issue Close	Dec 20, 2022	Dec 13, 2022
Basis Of Allotment (Tentative)	Dec 23, 2022	Dec 16, 2022
Initiation of Refunds (Tentative)	Dec 26, 2022	Dec 19, 2022
Credit of Share (Tentative)	Dec 27, 2022	Dec 20, 2022
Listing date (Tentative)	Dec 28, 2022	Dec 20, 2022
Anchor Lockin End date 1	Jan 22, 2023	Jan 15, 2023
Anchor Lockin End date 2	Mar 23, 2023	Mar 16, 2023

Financials

Dollex Agrotech IPO P/E ratio is 14.46, as compared to PNGS Gargi Fashion Jewellery IPO P/E ratio of 6.77.

Dollex Agrotech IPO

PNGS Gargi Fashion Jewellery IPO

Financial

Dollex Agrotech Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	8884.95	2590.08	57.79	1155.34	155.34	5205.23
31-Mar-21	10499.28	7748.42	167.43	2322.77	322.77	5025.41
31-Mar-22	11355.87	7962.58	326.9	2649.67	649.67	4447.31
30-Jun-22	11093.62	840.81	151.26	2800.93	800.93	4560.1
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)

99.50%

100%

Promoter Shareholding (Post-Issue)

71.69%

73%

P/E Ratio

14.46

6.77

Market Cap

₹87.39 Cr.

₹28.88 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Dollex Agrotech IPO retail investors (RII) are offered 33,08,000 shares while in PNGS Gargi Fashion Jewellery IPO retail investors are offered 33,08,000 shares. Qualified institutional buyers (QIB) are offered in Dollex Agrotech IPO and in PNGS Gargi Fashion Jewellery IPO.

	Dollex Agrotech IPO	PNGS Gargi Fashion Jewellery IPO
Anchor Investor Reserveration
Market Maker Reserveration	3,52,000 shares	1,36,000 shares
QIB
NII	33,08,000 shares	12,32,000 shares
RII	33,08,000 shares	12,32,000 shares
Employee
Others
Total	66,16,000 shares	24,64,000 shares

Bids Received (Subscription)

Dollex Agrotech IPO subscribed 1.88x in total, whereas PNGS Gargi Fashion Jewellery IPO subscribed 230.94x.

	Dollex Agrotech IPO	PNGS Gargi Fashion Jewellery IPO
QIB (times)
NII (times)	1.46x	213.21x
Big NII (times)
Small NII (times)
RII (times)	2.29x	248.68x
Employee (times)
Other (times)
Total (times)	1.88x	230.94x

Compare with others

Dollex Agrotech IPO	PNGS Gargi Fashion Jewellery IPO
SVS Ventures IPO	RBM Infracon IPO
Anlon Technology Solutions IPO	Homesfy Realty IPO
Moxsh Overseas Educon IPO	Dollex Agrotech IPO
RBM Infracon IPO	Uma Converter IPO
Homesfy Realty IPO	Arihant Academy IPO
Uma Converter IPO	Droneacharya Aerial Innovations IPO
Arihant Academy IPO	All E Technologies IPO
PNGS Gargi Fashion Jewellery IPO	Arham Technologies IPO
Droneacharya Aerial Innovations IPO	Baheti Recycling Industries IPO
All E Technologies IPO	Pritika Engineering Components IPO

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