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Prevest Denpro IPO is a Book Building IPO listing on BSE SME exchange. The company is based in Jammu and caters to Healthcare sector. Hem Securities is the merchant banker of Prevest Denpro IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 3rd September 2021.
Prevest Denpro IPO open date is 15th September 2021 and close date is 17th September 2021. IPO Allotment Date is 22nd September 2021 and Listing date is 27th September 2021.
IPO
Size:
₹ 26.61 Cr.
Avg IPO Size (Sector Based)
: ₹
25.58 cr.
Sector: Healthcare
SME
IPO so far:
43
Merchant Banker:
Hem Securities
SME
IPO by BRLM so far:
126
City:
Jammu
SME
IPO so far:
2
Revenue (annualised):
₹
29.51
cr. 
PE
Ratio:
13.55x
Average Sector PE Ratio: 19.30x
Prevest Denpro IPO size is ₹ 26.61 Cr. with IPO price of ₹ 84.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Hem Securities Limited is the book-running lead manager of the Prevest Denpro IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Hem Finlease Private Limited for Prevest Denpro IPO.
Prevest Denpro IPO anchor investors are the below investors. The number of anchor investors in this IPO is 2.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in ₹.) | Amount Invested (in ₹.) |
|---|---|---|---|
| Maven India Fund | 451,200.00 | ₹ 84.00 | ₹ 37,900,800.00 |
| Next Orbit Ventures | 451,200.00 | ₹ 84.00 | ₹ 37,900,800.00 |
Prevest Denpro IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Prevest Denpro IPO, based in Jammu, operates in the Healthcare sector with a focus on Healthcare. The company is launching its SME IPO on the BSE SME exchange, using the Book Building Issue method. Prevest Denpro IPO size is ₹ 26.61 Cr. with fresh issue size of ₹ 26.61 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Prevest Denpro IPO is expected to be 22nd September 2021, after the finalization of basis of allotment. Investors can check Prevest Denpro IPO allotment status on the registrars website, Bigshare Services Private Limited. Prevest Denpro IPO refund dates are 23rd September 2021.
Prevest Denpro IPO is expected to be listed on 27th September 2021.
The upper price band for the Prevest Denpro IPO is set at ₹ 84.00 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 Prevest Denpro 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 Prevest Denpro 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 September 2021. After submission, funds are blocked until the basis of allotment of Prevest Denpro IPO is finalised.
The merchant banker for Prevest Denpro IPO is Hem Securities Limited . Hem Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Prevest Denpro IPO RHP for further details.
The registrar for Prevest Denpro IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Prevest Denpro IPO through their official website or helpline.
Prevest Denpro IPO was subscribed 38.12 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 26.61 Cr.
Avg IPO Size (Sector Based)
:
₹ 25.58 Cr.
Sector: Healthcare
SME
IPO so far:
43
Merchant Banker:
Hem Securities
SME
IPO by BRLM so far:
126
City:
Jammu
SME
IPO so far:
2
Revenue (annualised):
₹ 27.44 cr.
PE
Ratio:
13.55x
Average Sector PE Ratio: 19.30x
Prevest Denpro IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Prevest Denpro Financial Review Page
Merchant Banker(s) of Prevest Denpro IPO: Hem Securities Limited
Prevest Denpro IPO subscription was 38.12 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.
Prevest Denpro IPO listed at a listing price of 189.55 against the offer price of 84.00.
The current market price of Prevest Denpro is 470.15.
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