Parin Furniture Limited IPO
NSE SME₹ 240000 /4000 Shares
*Min Investment
26 Sep, 2018
Open Date28 Sep, 2018
Close Date05 Oct, 2018
Allotment Date09 Oct, 2018
Listing DateIPO Issue Details
- Issue Price Rs 60/- to Rs 63/- Per Equity Share
- Face Value Rs 10 Per Equity Share
- Issue Price 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
- Lead Manager Hem Securities Limited
- Registrar Karvy Computershare Pvt. Ltd
IPO Details
- Retail Portion N/A
IPO Details
Parin Furniture Limited IPO is an SME IPO, priced at Rs 60/- to Rs 63/- Per Equity Share . The equity shares have a face value of Rs 10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Sep 26, 2018 to Sep 28, 2018. The allotment is expected to be finalized on Oct 5, 2018, and the tentative listing date is Oct 9, 2018.
The registrar of the IPO is Karvy Computershare Pvt. Ltd, and
IPO Subscription Analysis And Details
| 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 | 15,92,000 1.02 | 15,36,000 1.55 x | 31,28,000 1.10 x |
Day 2 27-09-18 | 2,84,000 1.00 x | 16,96,000 1.09 | 21,66,000 2.18 x | 41,46,000 1.46 x |
Day 3 28-09-18 | 2,84,000 1.00 x | 29,50,000 1.89 | 37,02,000 3.72 x | 69,36,000 2.44 x |
Valuations
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.
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 |
IPO - FAQs
Ans. Parin Furniture Limited IPO is a SME IPO. The issue is priced at Rs 60/- to Rs 63/- Per Equity Share . The minimum order quantity is 2000 Shares. The IPO opens on Sep 26, 2018, and closes on Sep 28, 2018. Karvy Computershare Pvt. Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Parin Furniture Limited IPO opens on Sep 26, 2018 and closes on Sep 28, 2018.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Parin Furniture Limited IPO is 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.
Ans. The Parin Furniture Limited IPO price band is set between Rs 60/- to Rs 63/- Per Equity Share .
Ans. To apply for Parin Furniture Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Parin Furniture Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Parin Furniture Limited IPO is Oct 5, 2018.
Ans. The Parin Furniture Limited IPO will be listed on Oct 9, 2018.
Ans. Follow the steps to check the Parin Furniture Limited IPO allotment status online.
