Khyati Global Ventures’ IPO is a fixed-price issue valued at Rs 18.30 crores. The issue consists of a combination of a fresh offering of 10.48 lakh shares aggregating to Rs 10.38 crores and an offer for sale of 8 lakh shares aggregating to Rs 7.92 crores.
The subscription for the Khyati Global Ventures IPO opens on October 4, 2024, and closes on October 8, 2024. The allotment of shares is expected to be finalized on Wednesday, October 9, 2024. The company plans to list on the BSE SME, with a tentative listing date set for Friday, October 11, 2024.
Khyati Global Ventures operates in the Fast-Moving Consumer Goods (FMCG) sector. They are involved in exporting and repackaging a variety of products, including food items, non-food FMCG products, household products, festive handicrafts, and pharmaceutical products.
The price of the Khyati Global Ventures IPO is ₹99 per share. Investors must apply for a minimum lot size of 1,200 shares, requiring a minimum investment of ₹118,800 for retail investors. High-net-worth individuals (HNIs) must invest in at least 2 lots (2,400 shares), amounting to ₹237,600.
Aryaman Financial Services Limited is the book-running lead manager for the Khyati Global Ventures IPO, while Bigshare Services Pvt Ltd is the registrar. The market maker for the IPO is Aryaman Capital Markets.
Khyati Global Ventures IPO Details:
| Company Name | Khyati Global Ventures Limited |
| Sector | FMCG |
| IPO Type | SME |
| IPO Open date | 04th Oct 2024 |
| IPO Close date | 08th Oct 2024 |
| OFS | |
| Listing Exchanges | BSE |
| Share Holding Pre-issue | |
| DRHP Draft Prospectus | Click to check |
| RHP Draft Prospects | Click to check |
Khyati Global Ventures IPO Lot Size:
| Application | Lot Size | Shares | Amount |
| Retail (Min) | 1 | 1200 | 1,18,800 |
| HNI (Min) | 2 | 2400 | 2,37,600 |
Khyati Global Ventures IPO Timeline:
| IPO Open Date | 04th Oct 2024 |
| IPO Close Date | 08th Oct 2024 |
| Basis of Allotment | 09th Oct 2024 |
| Refund Initiation Date | 10th Oct 2024 |
| Shares Credit to Demat | 10th Oct 2024 |
| Listing Date | 11th Oct 2024 |
Things to Consider before applying for an IPO
Financial Performance: Review Khyati Global Ventures’ financials to understand its revenue, profitability, and growth prospects.
Industry Outlook: Consider the overall health of India’s FMCG Industry.
Valuation: Compare the price band to similar companies in the industry to see if the IPO is priced fairly.
Management Team: Research the experience and capabilities of the management team.
Our Verdict
This IPO offers a good opportunity to invest in Khyati Global Ventures and be a part of its growth.
FAQ
What is Grey Market Premium (GMP)?
The Grey Market Premium (GMP) represents the price at which an Initial Public Offering (IPO) is traded in the unregulated grey market before its official listing. It serves as an indicator of how the IPO might perform on the listing day. Seeing the latest GMP, investors can estimate the listing performance of the IPO.
