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Garv Industries IPO is a Fixed Price IPO listing on BSE SME exchange, with an ipo size of ₹ 3.20 Cr. The company is based in New Delhi and caters to Aluminium sector. Aryaman Financial Services is the merchant banker of Garv Industries IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 8th March 2018.
Garv Industries IPO open date is 12th April 2018 and close date is 17th April 2018. IPO Allotment Date is 20th April 2018 and Listing date is 25th April 2018.
IPO
Size:
₹ 3.20 Cr.
Avg IPO Size (Sector Based)
: ₹
26.60 cr.
Sector: Aluminium
SME
IPO so far:
10
Merchant Banker:
Aryaman Financial
SME
IPO by BRLM so far:
87
City:
New Delhi
SME
IPO so far:
158
Revenue (annualised):
₹
17.51
cr. 
PE
Ratio:
161.00x
Average Sector PE Ratio: 18.47x
Garv Industries IPO size is ₹ 3.20 Cr. with IPO price of ₹ 10.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Aryaman Financial Services Limited is the book-running lead manager of the Garv Industries IPO. NSDL Database Management Limited is the Registrar and Market Maker is Aryaman Capital Markets Limited for Garv Industries IPO.
Garv Industries IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Garv Industries IPO, based in New Delhi, operates in the Aluminium sector with a focus on multiproduct trading and distribution company of aluminium products. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Garv Industries IPO size is ₹ 3.20 Cr. with fresh issue size of ₹ 3.20 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Garv Industries IPO is expected to be 20th April 2018, after the finalization of basis of allotment. Investors can check Garv Industries IPO allotment status on the registrars website, NSDL Database Management Limited . Garv Industries IPO refund dates are 23rd April 2018.
Garv Industries IPO is expected to be listed on 25th April 2018.
The upper price band for the Garv Industries IPO is set at ₹ 10.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Garv Industries IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Garv Industries IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 17th April 2018. After submission, funds are blocked until the basis of allotment of Garv Industries IPO is finalised.
The merchant banker for Garv Industries IPO is Aryaman Financial Services Limited . Aryaman Financial Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Garv Industries IPO RHP for further details.
The registrar for Garv Industries IPO is NSDL Database Management Limited . Investors can go to NSDL Database Management Limited registrar website for IPO allotment status, refund processing, and other queries related to Garv Industries IPO through their official website or helpline.
Garv Industries IPO was subscribed 2.13 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 3.20 Cr.
Avg IPO Size (Sector Based)
:
₹ 26.60 Cr.
Sector: Aluminium
SME
IPO so far:
10
Merchant Banker:
Aryaman Financial
SME
IPO by BRLM so far:
87
City:
New Delhi
SME
IPO so far:
158
Revenue (annualised):
₹ 17.51 cr.
PE
Ratio:
161.00x
Average Sector PE Ratio: 18.47x
Garv Industries IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Garv Industries Financial Review Page
Merchant Banker(s) of Garv Industries IPO: Aryaman Financial Services Limited
Garv Industries IPO subscription was 2.13 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Garv Industries IPO listed at a listing price of 10.00 against the offer price of 10.00.
The current market price of Garv Industries is 14.22.
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