IPO

Sanghvi Brands Ltd IPO

BSE SME

Offer Date: Nov 10, 2017 - Nov 14, 2017

₹ 276000 /4000 Shares
*Min Investment

10 Nov, 2017

Open Date

14 Nov, 2017

Close Date

20 Nov, 2017

Allotment Date

22 Nov, 2017

Listing Date
IPO Issue Details
  • Issue Price Rs 69 Per Equity Share 
  • Face Value Rs 10 Per Equity Share 
  • Issue Price 27,48,000 Equity Shares of Rs 10 aggregating up to Rs 18.96 Cr
  • Listing at BSE SME
  • Lead Manager Sarthi Capital Advisors Private Limited
  • Registrar Bigshare Services Pvt. Ltd
IPO Details
  • Retail Portion N/A
IPO Details


Sanghvi Brands Ltd IPO is an SME IPO, priced at Rs 69 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 Nov 10, 2017 to Nov 14, 2017. The allotment is expected to be finalized on Nov 20, 2017, and the tentative listing date is Nov 22, 2017.


The registrar of the IPO is Bigshare Services Pvt. Ltd, and

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IPO Subscription Analysis And Details
Retail
14.00x
Total
70.00x
As on QIB / NII Retail Total
Shares Offered / Reserved 13,04,000 13,04,000 26,08,000
Day 1 10-11-17
0.0 x 0.04 x 0.02 x
Day 2 13-11-17
0.20 x 0.16 x 0.18 x
Day 3 14-11-17
4.30 x 1.13 x 2.72 x
Valuations
Earnings Per Share (EPS) Rs 0.11
P/E Ratio 618
RoNW 1.44%
Net Asset Value (NAV) 28.73
IPO - Issue Objectives
1

Business Expansiona) Expanding outlets / distribution of current brand portfolio in India and overseasb) Acquisitions and development of new brands

2

Marketing and Sales promotion of the brands in their portfolio

3

Strategic Investments for business growth

4

General Corporate Purpose

5

Issue Expenses