IPO

Parshva Enterprises Limited IPO

BSE SME

Offer Date: Jun 19, 2019 - Jun 21, 2019

₹ 270000 /6000 Shares
*Min Investment

19 Jun, 2019

Open Date

21 Jun, 2019

Close Date

27 Jun, 2019

Allotment Date

01 Jul, 2019

Listing Date
IPO Issue Details
  • Issue Price  Rs 45/- Per Equity Share 
  • Face Value Rs 10/- Per Equity Share 
  • Issue Price Fresh issue of 8,10,000 Equity Shares of Rs 10/- at a price of  Rs 45/- per share aggregating to Rs 3.65 Cr
  • Listing at BSE SME
  • Lead Manager Inventure Merchant Banker Services Pvt Ltd
  • Registrar Bigshare Services  Private Ltd
IPO Details
  • Retail Portion N/A
IPO Details


Parshva Enterprises Limited IPO is an SME IPO, priced at  Rs 45/- 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 Jun 19, 2019 to Jun 21, 2019. The allotment is expected to be finalized on Jun 27, 2019, and the tentative listing date is Jul 1, 2019.


The registrar of the IPO is Bigshare Services  Private Ltd, and

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IPO Subscription Analysis And Details
Retail
2.00x
Total
9.00x
As onQIB / NIIRetailTotal
Shares Offered / Reserved3,84,0003,84,0007,68,000
Day 1 - 19-06-2019
2,67,000 0.70 x48,000 0.12 x3,15,000 0.41 x
Day 2 - 20-06-2019 
4,02,000 1.05 x1,74,000 0.45 x5,76,000 0.75 x
Day 3 - 21-06-2019
6,33,000 1.65 x2,85,000 0.74 x9,18,000 1.20 x
Valuations
Earnings Per Share (EPS) Rs 0.99/-
P/E Ratio 45.09
RoNW 9.38%
Net Asset Value after issue Rs 22.75/-
IPO - Issue Objectives
1

Meeting Additional Working Capital Requirements

IPO - Peers Comparison
P/B RatioP/E RatioRoNWRevenue(in Cr.)
Parshva Enterprises Limited1.9745.099.38%7.13
Narbada Gems and Jewellery Limited3.5738.719.22%26.33
Lypsa Jems and Jewellery Limited0.110.8312.87%104.15
Goldiam International Limited0.775.9812.92%446.38
Swarnasarita Germs Limited0.244.594.84%548.24