Pavna Industries Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 852,000 (47%) | — | ₹1,406 Cr |
| Retail | — | 852,000 (47%) | — | ₹1,406 Cr |
| Market Maker | — | 96,000 (5%) | — | ₹16 Cr |
| Σ Total | — | 1,800,000 (100%) | — | ₹29,700 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹132,000 |
| Retail (Max) | 13 | 10,400 | ₹1,716,000 |
| S-HNI (Min) | 14 | 11,200 | ₹1,848,000 |
| B-HNI (Min) | 67 | 53,600 | ₹8,844,000 |
Financial Statements Amount in Lakhs
| Metric | 30-Sep-20 | 31-Mar-20 |
|---|---|---|
| Revenue | 6,808 | 17,983 |
| Profit After Tax | 83 | 634 |
| Total Assets | 14,807 | 12,036 |
Valuation & Key Ratios
Grey Market Premium (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 Part Repayment of Loans – 13.00
- 2 General Corporate Purpose – 1.62
Company Overview
Incorporated in 1994, Pavna Industries is engaged in the manufacturing of automotive parts and automobile applications solutions. The company manufactures a wide range of automotive components for Original Equipment Manufacturers (OEM) to cater to the requirements of passenger vehicles, 2-wheelers, 3-wheelers, heavy and light commercial vehicles, and off-road vehicles.
The company has a well-diversified portfolio including ignition switches, Latches, Fuel Tank Caps, Auto Locks, Handles, Switches, Carburetor, Oil Pump, Throttle Body, Casting Components, etc and aftermarket products i.e. filters, bearings, wiper blades, clutch plates, and brake shoes. It has three manufacturing plants located in Aligarh (UP), Aurangabad (Maharashtra), and Pantnagar (Uttarakhand). The units are ISO 9001:2015, ISO 14001:2015, OHSAS 18001:2007, and IATF 16949:2016 certified to deliver the highest-quality automotive components.
Competitive Strengths
- Experienced promoters and managerial team.
- Well-established manufacturing capacity.
- Diversified product portfolio.
- Strong financial performance track-record.
- In-house design capability, product development, and technical collaborations.