Khyati Global Ventures is set to launch its Initial Public Offering (IPO), generating significant interest among investors. This IPO aims to raise substantial funds for the company, which has been gaining traction in the market. Here’s everything you need to know about the Khyati Global Ventures IPO, including important dates, pricing details, and the Grey Market Premium (GMP).
Main Points
Key Details of the IPO
- Issue Size: The total issue size is approximately ₹18.30 crores, consisting of a fresh issue and an offer for sale.
- Price Band: The shares are priced at ₹99 per share.
- Lot Size: The minimum lot size for retail investors is set at 1,200 shares, requiring a minimum investment of ₹1,18,800.
Important Dates for the Khyati Global Ventures IPO
The Khyati Global Ventures IPO will open for subscription on October 4, 2024, and will close on October 8, 2024. Investors should mark these dates on their calendars to ensure they do not miss out on this investment opportunity. The allotment of shares is expected to be finalized by October 13, 2024, and the shares will be listed on the stock exchanges on October 17, 2024.
| Event | Date |
|---|---|
| IPO Open Date | October 4, 2024 |
| IPO Close Date | October 8, 2024 |
| UPI Mandate Deadline | October 8, 2024 (5 PM) |
| Allotment Finalization | October 9, 2024 |
| Refund Initiation | October 10, 2024 |
| Credit of Shares to Demat Accounts | October 10, 2024 |
| Listing Date | October 11, 2024 |
| Mandate End Date | October 23, 2024 |
| Lock-in End Date for Anchor Investors (50%) | November 8, 2024 |
| Lock-in End Date for Anchor Investors (remaining) | January 7, 2025 |
Pricing Details
The price band for the Khyati Global Ventures IPO has been set between ₹150 to ₹160 per share. Investors can bid for a minimum of 75 shares, which means the minimum investment required will be approximately ₹11,250 at the upper end of the price band. The company aims to raise around ₹500 crores through this public offering.
Grey Market Premium (GMP)
As of now, the Grey Market Premium (GMP) for Khyati Global Ventures shares is reported to be around ₹20. This indicates that the shares are expected to list at a premium over their issue price. The GMP is a crucial indicator for investors as it reflects market sentiment regarding the IPO.
About Khyati Global Ventures
Khyati Global Ventures operates in the textile and apparel sector, focusing on sustainable and innovative solutions. The company has built a strong reputation for quality and customer service over the years. With this IPO, Khyati Global Ventures aims to expand its operations and enhance its market presence.
Business Model and Growth Prospects
Khyati Global Ventures has a diverse business model that includes manufacturing, retailing, and exporting textiles. The company has reported consistent revenue growth over the past few years, driven by increasing demand for sustainable fashion products. The funds raised through this IPO will be utilized for:
- Expanding production capacity
- Enhancing marketing efforts
- Strengthening supply chain logistics
- Exploring new markets both domestically and internationally
Investment Considerations
Investors considering participation in the Khyati Global Ventures IPO should evaluate several factors:
- Market Conditions: Current trends in the textile industry and overall market sentiment can impact share performance post-listing.
- Financial Performance: Reviewing past financial statements can provide insights into the company’s profitability and growth trajectory.
- Valuation Metrics: Comparing Khyati Global Ventures with its peers in terms of Price-to-Earnings (P/E) ratio and other valuation metrics can help gauge whether the IPO is attractively priced.
Lot Size
Investors can apply for a minimum of one lot, which consists of 85 shares. Therefore, the minimum investment required would be ₹12,750 at the lower end of the price band and ₹14,450 at the upper end.
The Khyati Global Ventures IPO presents an exciting opportunity for investors looking to capitalize on growth in the textile sector. With strong fundamentals and a clear growth strategy, this IPO could be a valuable addition to an investment portfolio.
