IPO

Garv Industries Limited IPO

BSE SME

Offer Date: Apr 12, 2018 - Apr 17, 2018

₹ 200000 /20000 Shares
*Min Investment

12 Apr, 2018

Open Date

17 Apr, 2018

Close Date

23 Apr, 2018

Allotment Date

25 Apr, 2018

Listing Date
IPO Issue Details
  • Issue Price Rs 10 Per Equity Share 
  • Face Value Rs 10 Per Equity Share 
  • Issue Price 32,00,000 Equity Shares of Rs 10/- each at a price of 10/- per share aggregating to 3.2 Cr
  • Listing at BSE SME
  • Lead Manager Aryaman Financial Services limited
  • Registrar Skyline Financial Services Private Ltd
IPO Details
  • Retail Portion N/A
IPO Details


Garv Industries Limited IPO is an SME IPO, priced at Rs 10 Per Equity Share . The equity shares have a face value of Rs 10 Per Equity Share  each and will be listed on the BSE SME platform.

The IPO bidding window is open from Apr 12, 2018 to Apr 17, 2018. The allotment is expected to be finalized on Apr 23, 2018, and the tentative listing date is Apr 25, 2018.


The registrar of the IPO is Skyline Financial Services Private Ltd , and

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IPO Subscription Analysis And Details
Retail
30.00x
Total
64.00x
As onQIB / NIIRetailTotal
Shares Offered / Reserved15,15,00015,15,00030,30,000
Day 1 12-04-18
9,00,000 0.59 x5,30,000 0.35 x14,30,000 0.47 x
Day 2 13-04-18
10,50,000 0.69 x10,10,000 0.67 x20,60,000 0.68 x
Day 3 16-04-18
15,00,000 0.99 x15,50,000 1.02 x30,50,000 1.01 x
Day 4 17-04-18
34,60,000 2.28 x30,00,000 1.98 x64,60,000 2.13 x
Valuations
Earnings Per Share (EPS) Rs 0.06
P/E Ratio 161
RoNW NA
Net Asset Value (NAV) (Post Issue) Rs 9.93
IPO - Issue Objectives
1

Working Capital Requirements

2

Funding expenditure for General Corporate Purposes