Khyati Global Ventures is preparing to launch its Initial Public Offering (IPO), which is attracting considerable attention from investors aiming to seize opportunities in the textile sector. This IPO is projected to raise substantial funds, supporting the company’s expansion plans as it continues to gain momentum in the market. Below, you will find everything you need to know about the Khyati Global Ventures IPO, including key details, important dates, pricing information, and insights on the Grey Market Premium (GMP).
Key Details of the IPO
- Issue Size: The IPO aims to raise approximately ₹18.30 crores, consisting of both a fresh issue and an offer for sale.
- Price Band: Shares are priced at ₹99 per share, making it an accessible investment for retail investors.
- Lot Size: The minimum lot for retail investors is set at 1,200 shares, translating to a minimum investment of ₹1,18,800.
Important Dates for the Khyati Global Ventures IPO
The Khyati Global Ventures IPO is scheduled to open for subscription on October 4, 2024, and will close on October 8, 2024. It is crucial for investors to note these dates to participate in this promising investment opportunity. The final allotment of shares is expected on October 13, 2024, with shares 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 pricing for the Khyati Global Ventures IPO has been established in a range between ₹150 to ₹160 per share. Investors are required to bid for a minimum of 75 shares, resulting in a minimum investment of approximately ₹11,250 at the upper end of the price band. With the aim of raising around ₹500 crores through this public offering, Khyati Global Ventures seeks to secure the necessary capital to fuel its growth ambitions.
Grey Market Premium (GMP)
Currently, the Grey Market Premium (GMP) for Khyati Global Ventures shares is estimated to be around ₹20. This signifies that the shares are expected to debut at a premium upon their listing. The GMP serves as an important indicator for investors, reflecting the overall market sentiment towards the IPO.
About Khyati Global Ventures
Khyati Global Ventures is a prominent player in the textile and apparel sector, dedicated to delivering sustainable and innovative solutions. The company has built a solid reputation over the years, prioritizing quality and exceptional customer service. The upcoming IPO is part of a strategic plan to enhance its operational footprint and market presence significantly.
Business Model and Growth Prospects
Khyati Global Ventures operates a multifaceted business model encompassing manufacturing, retailing, and exporting textiles. The organization has consistently reported revenue growth, driven by the rising demand for sustainable fashion products. The funds raised through this IPO are earmarked for:
- Expanding production capacity
- Enhancing marketing efforts
- Strengthening supply chain logistics
- Exploring new domestic and international markets
Investment Considerations
Potential investors in the Khyati Global Ventures IPO are advised to consider various factors before participating:
- Market Conditions: The prevailing market conditions and trends in the textile industry can significantly influence the post-listing share performance.
- Financial Performance: Analyzing past financial statements will shed light on the company’s profitability and growth trajectory.
- Valuation Metrics: Comparing Khyati Global Ventures’ valuation metrics, including Price-to-Earnings (P/E) ratios with its peers will help assess the IPO’s price attractiveness.
Lot Size
Investors can apply for a minimum of one lot, consisting of 85 shares. Therefore, the minimum investment required would be around ₹12,750 at the lower end of the price band and ₹14,450 at the upper end.
The Khyati Global Ventures IPO presents a remarkable opportunity for investors looking to tap into the growth potential of the textile sector. With a robust business model, strong fundamentals, and a well-defined growth strategy, this IPO could be a worthy addition to any investment portfolio.
