Garv Industries Ltd. IPO
Issue Price
₹10
GMP
—
Lot Size
10,000
Face Value
₹10
Issue Size
3,200,000 shares (aggregating up to ₹3 Cr)
Subscription
—
IPO Timeline
Open Date12-Apr-18
Close Date17-Apr-18
Allotment20-Apr-18
Refund Initiation23-Apr-18
Demat Credit24-Apr-18
UPI Mandate Deadline17-Apr-18
Listing Date25-Apr-18
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,515,000 (47%) | — | ₹152 Cr |
| Retail | — | 1,515,000 (47%) | — | ₹152 Cr |
| Market Maker | — | 170,000 (5%) | — | ₹2 Cr |
| Σ Total | — | 3,200,000 (100%) | — | ₹3,200 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Issue Price / Price Band₹10
Face Value₹10
Lot Size10,000 shares
Issue Size3,200,000 shares (aggregating up to ₹3 Cr)
Issue TypeFixed Price IPO
Listing ExchangeBSE SME
Sale TypeFresh Capital
Script Code—
Net Offer to Public3,030,000 shares (aggregating up to ₹3 Cr)
Amount InLakhs
Stock Price History · BSE
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Yahoo Finance · Live
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 10,000 | ₹100,000 |
| Retail (Max) | 13 | 130,000 | ₹1,300,000 |
| S-HNI (Min) | 14 | 140,000 | ₹1,400,000 |
| B-HNI (Min) | 67 | 670,000 | ₹6,700,000 |
Retail1 lot(s)10,000 shares₹100,000
S-HNI3 lot(s)30,000 shares₹300,000
Financial Statements Amount in Lakhs
| Metric | 31-Jan-18 |
|---|---|
| Revenue | 1,459 |
| Profit After Tax | 11 |
| Total Assets | 1,036 |
Valuation & Key Ratios
ROE—
ROCE—
RONW—
PAT Margin—
EBITDA Margin—
Debt/Equity—
P/BV—
Pre EPS—
Post EPS—
Pre P/E—
Post P/E—
Grey Market Premium (GMP)
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Current GMP
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Working Capital Requirements – 2.59
- 2 Funding expenditure for General Corporate Purposes – 0.18
Company Overview
Incorporated in 2017, Delhi based Garv Industries Limited, is engaged in the business of multiproduct trading and distribution of wide range of aluminum and textile products.
The Company deals with a range of products like Aluminum Products viz. Aluminium Sheets/coils/extrusions/grill/ladders/ rolled products and textiles viz. cotton fabrics which have wide-scale applications in both B2B and B2C segments.
The company has 10 employees on its payroll.
Company Information
AddressB - 502, 5th Floor, Statesman House 147, Barakhamba Road, New Delhi, New Delhi, 110001
Phone+91 - 11 - 2362 9277