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Garv Industries Ltd.

IPO Details · GMP · Subscription · Financials

✅ Listed BSE SME SME Live Chart
Issue Price
₹10
Per Share
GMP
NIL
Grey Market
Est. Listing
₹10
Expected Price
Min. Application
₹200,000
2 lots × 10000 shares
IPO Issue Details
Issue Price / Price Band₹10 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size10,000 Shares per Lot
Total Issue Size32,00,000 shares (aggregating up to ₹3.20 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenThu, 12 Apr 2018
Subscription CloseTue, 17 Apr 2018
Anchor AllotmentWed, 11 Apr 2018
Basis of AllotmentFri, 20 Apr 2018
Initiation of RefundsMon, 23 Apr 2018
Credit of Shares to DematTue, 24 Apr 2018
Listing DateWed, 25 Apr 2018
UPI Mandate Deadline2018-04-17
Application & Investment Details
Retail — Min (1 Lots)₹1,00,000 — 10,000 shares
Retail — Max (13 Lots)₹1,300,000 (13 Lots)
HNI — Min (3 Lots)₹3,00,000 — 30,000 shares
Net Offer to Public30,30,000 shares (aggregating up to ₹3.03 Cr)
Reserved for Market Maker1,70,000 shares (aggregating up to ₹0.1700 Cr)
Pre-IPO Promoter Holding70,00,000 shares
Post-IPO Promoter Holding1,02,00,000 shares
About Garv Industries Ltd.

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.

Objects of the Issue

Garv Industries Ltd. proposes to utilise the net proceeds from the Issue for the following objects:

1
1 Working Capital Requirements
2.59
2
2 Funding expenditure for General Corporate Purposes
0.18
Shareholding & Lock-in
Pre-IPO Promoter Holding 70,00,000 shares
Post-IPO Promoter Holding 1,02,00,000 shares
Check AllotmentCheck Status →
Garv Industries Ltd. — Live Price LIVE
₹10.00
INR · BSE
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Issue ₹10.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹10
GMPNIL
Est. Listing₹10
Lot Size10,000 shares
Min Amount₹200,000
Listing Date25 Apr 2018
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹10
Listing Date25 Apr 2018
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
Market Maker 170,000 ₹0.17 Cr
TOTAL 3,200,000 100.00% ₹3.20 Cr
* Based on ₹10.00 (upper price band)
Lot Size & Investment Details
Lot Size
10,000
Shares
Issue Price
₹10.00
Per Share
Min Investment
₹100,000
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 10,000 ₹100,000
Retail (Max) 13 130,000 ₹1,300,000
sNII (Min) 14 140,000 ₹1,400,000
bNII (Min) 68 680,000 ₹6,800,000
Company Financials — Restated Consolidated (Amount in Lakhs)
Particulars31-Jan-18FY 2023-24FY 2022-23
Revenue from Operations 1459.18 N/A N/A
EBITDA N/A N/A N/A
Profit After Tax (PAT) 11.43 N/A N/A
Net Worth N/A N/A N/A
Total Assets 1036.35 N/A N/A
Reserves & Surplus N/A N/A N/A
Total Borrowings N/A N/A N/A
Key Ratios & Valuation
Issue Price ₹10
Face Value ₹10 Per Share
P/BV N/A
RoE N/A
RoCE N/A
RoNW N/A
PAT Margin (%) N/A
EBITDA Margin (%) N/A
Debt / Equity N/A
Company Details
Company
Garv Industries Ltd.
Exchange
BSE SME
IPO Type
SME IPO
Issue Type
Fixed Price IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
B - 502, 5th Floor, Statesman House 147, Barakhamba Road, New Delhi, New Delhi, 110001
Book Running Lead Managers
Aryaman Financial Services Ltd.
Book Running Lead Manager (BRLM)