Issue Price
₹165
Per Share
GMP
NIL
Grey Market
Est. Listing
₹165
Expected Price
Min. Application
₹264,000
2 lots × 800 shares
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 StrengthsExperienced 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.
Pavna Industries Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 96,000 | — | ₹1.58 Cr | — |
| TOTAL | 1,800,000 | 100.00% | ₹29.70 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹132,000 |
| Retail (Max) | 13 | 10,400 | ₹1,716,000 |
| sNII (Min) | 14 | 11,200 | ₹1,848,000 |
| bNII (Min) | 68 | 54,400 | ₹8,976,000 |
| Particulars | 30-Sep-20 | 31-Mar-20 | FY 2022-23 |
|---|---|---|---|
| Revenue from Operations | 6808.00 | 17982.84 | N/A |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 82.80 | 633.74 | N/A |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 14807.17 | 12035.61 | N/A |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |