Parin Furniture Limited IPO

Parin Furniture Limited is an NSE SME IPO is priced at ₹63–₹60 per share with an issue size of Fresh Issue of 30,00,000 Equity Shares of Rs 10/- at a price of Rs 60/- to Rs 63/- per share aggregating to Rs 18.90 Cr. The IPO opens on Sep 26, 2018 and closes on Sep 28, 2018, with a lot size of 2000 shares and a minimum investment of ₹1,20,000.

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Parin Furniture Limited IPO

NSE SME Listed
₹1,20,000 (2000 Shares)
Minimum Investment
IPO Dates
Sep 26, 2018 – Sep 28, 2018
Price band
₹63 - 60 per equity share
Minimum Investment
₹1,20,000
Issue size
Fresh Issue of 30,00,000 Equity Shares of Rs 10/- at a price of Rs 60/- to Rs 63/- per share aggregating to Rs 18.90 Cr
Lot size
2000
Allotment Date
Oct 5, 2018
Listing
Oct 9, 2018
Listing At
NSE SME

  1. Sep 26, 2018

    Open Date

    Completed

  2. Sep 28, 2018

    Close Date

    Completed

  3. Oct 5, 2018

    Allotment Date

    Completed

  4. Oct 9, 2018

    Listing Date

    Completed

Parin Furniture Limited IPO Essentials

Parin Furniture Limited IPO Details

Parin Furniture Limited IPO is priced at ₹63 - 60 per share with a total issue size of Fresh Issue of 30,00,000 Equity Shares of Rs 10/- at a price of Rs 60/- to Rs 63/- per share aggregating to Rs 18.90 Cr. The IPO has a lot size of 2000 shares and will be listed on NSE SME.

Issue price
Rs 60/- to Rs 63/- Per Equity Share 
Lot size
2000 shares
Face value
Rs 10 Per Equity Share 
Issue size
Fresh Issue of 30,00,000 Equity Shares of Rs 10/- at a price of Rs 60/- to Rs 63/- per share aggregating to Rs 18.90 Cr
Listing at
NSE SME
List price
Listing date
Registrar
Karvy Computershare Pvt. Ltd
Lead manager
Hem Securities Limited

Parin Furniture Limited IPO Details

  • Retail Portion N/A

Parin Furniture Limited IPO Analytics

Parin Furniture Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Parin Furniture Limited IPO Subscription Status

Parin Furniture Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB
NII
 Retail Total
Shares Offered / Reserved 2,84,000
15,62,000
9,94,000 30,00,000
Day 1 - 26-09-18
0 x
1.02x
1.55 x 1.10 x
Day 2 27-09-18
1.00 x
1.09x
2.18 x 1.46 x
Day 3 28-09-18
1.00 x
1.89x
3.72 x 2.44 x

Subscription levels combined with expected premium trends indicate overall market sentiment and possible listing expectations for the IPO.

Parin Furniture Limited Valuations

Earnings

EPS (Post IPO)
Rs 2.35/-
P/E Ratio
26.76

Returns

RoNW
20.41%

Data sourced from DRHP / RHP • For educational purposes only

Parin Furniture Limited Company & Offer Insights

Parin Furniture Limited IPO Issue Objectives

•
Repayment of Certain Secured Borrowing availed by our Company. ( Rs 9.00 Cr )
•
Funding the Working Capital Requirements of the Company. ( Rs 6.20 Cr )
•
General Corporate Purposes.
•
To meet the expenses of the Issue.

Parin Furniture Limited IPO - Peers Comparison

P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
AKG Exim Limited 1.19 20.13 8.46% 112.35
Agro Tech Foods Limited N/A N/A N/A N/A
AuSom Enterprises Limited N/A N/A N/A N/A

Contact Information

Frequently Asked Questions

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Parin Furniture Limited IPO is a book-built IPO worth ₹Fresh Issue of 30,00,000 Equity Shares of Rs 10/- at a price of Rs 60/- to Rs 63/- per share aggregating to Rs 18.90 Cr. The price band is ₹63–₹60 per share. The IPO opens on Sep 26, 2018 and closes on Sep 28, 2018. It will be listed on NSE SME Platform. Karvy Computershare Pvt. Ltd is the registrar.

The price band of Parin Furniture Limited IPO is ₹63 to ₹60 per share.

The lot size of Parin Furniture Limited IPO is 2000 shares.

The minimum investment for Parin Furniture Limited IPO is approximately ₹1,20,000 based on the upper price band .

Parin Furniture Limited IPO opens on Sep 26, 2018 and closes on Sep 28, 2018.

The allotment date of Parin Furniture Limited IPO is Oct 5, 2018.

Parin Furniture Limited IPO is expected to be listed on Oct 9, 2018, on NSE SME Platform.

Parin Furniture Limited IPO valuation snapshot: P/E 26.76, EPS Rs 2.35/-, P/B N/A, RoNW 20.41%, and market cap N/A.

To apply for Parin Furniture Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Parin Furniture Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Parin Furniture Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Parin Furniture Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Parin Furniture Limited IPO allotment status on IPO Ji for quick and easy access.