IPO

Garv Industries Limited IPO

BSE SME

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

₹ 100000 /10000 Shares

IPO Details

12 Apr, 2018

Open Date

17 Apr, 2018

Close Date

23 Apr, 2018

Allotment Date

25 Apr, 2018

Listing Date

Issue Price

Rs 10 Per Equity Share 

Face Value

Rs 10 Per Equity Share 

Listing at Group

BSE SME

Registrar

Skyline Financial Services Private Ltd

Market Lot

10,000 Shares (Rs 1,00,000/-)

Lead Manager

Aryaman Financial Services limited

Issue Size

32,00,000 Equity Shares of Rs 10/- each at a price of 10/- per share aggregating to 3.2 Cr

Retail Portion

N/A

Subscription

64,60,000 2.13 times

IPO Docs

No related IPO documents available.

IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved15,15,00015,15,00030,30,000
Day 1 - 12-04-189,00,000 0.59 x5,30,000 0.35 x14,30,000 0.47 x
Day 2 - 13-04-1810,50,000 0.69 x10,10,000 0.67 x20,60,000 0.68 x
Day 3 - 16-04-1815,00,000 0.99 x15,50,000 1.02 x30,50,000 1.01 x
Day 4 - 17-04-1834,60,000 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

Company Financials All values are in ₹ Cr.

- Promoter(s)


Company Promoter(s)

  1. Mr. Rishu Agarwal
  2. Mrs. Daya Bansal
  3. R S Services Private Limited

IPO - Issue Objectives

  1. Working Capital Requirements
  2. Funding expenditure for General Corporate Purposes

IPO - FAQs

Ans. Garv Industries Limited IPO is a SME IPO. The issue is priced at Rs 10 Per Equity Share . The minimum order quantity is 10000 Shares. The IPO opens on Apr 12, 2018, and closes on Apr 17, 2018. Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Garv Industries Limited IPO opens on Apr 12, 2018 and closes on Apr 17, 2018.

Ans. The size of Garv Industries Limited IPO is 32,00,000 Equity Shares of Rs 10/- each at a price of 10/- per share aggregating to 3.2 Cr.

Ans. The IPO price band is set between Rs 10 Per Equity Share .

Ans. To apply for Garv Industries Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Garv Industries 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 Garv Industries Limited IPO is Apr 23, 2018.

Ans. The Garv Industries Limited IPO will be listed on Apr 25, 2018.

Ans. Follow the steps to check the allotment status for Garv Industries Limited IPO here.