Khyati Global Ventures IPO Details
Khyati Global Ventures IPO Summary
Khyati Global Ventures IPO opens for subscription on 04 Oct 2024 and closes on 08 Oct 2024.The IPO will be listed on BSE with the tentative listing date set for 11 Oct 2024.
Khyati Global Ventures IPO price band has been fixed at ₹99 – ₹99 per share. The face value is ₹10 per share with a lot size of 1200.
Khyati Global Ventures IPO total issue size comprises 18,48,000 shares (aggregating up to ₹18.30 Cr). This includes a fresh issue of 10,48,000 shares (aggregating up to ₹10.38 Cr). Offer for Sale consists of 8,00,000 shares (aggregating up to ₹7.92 Cr). Pre-issue shareholding stands at 59,30,100, which will increase to 69,78,100 post-issue.
Khyati Global Ventures IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.
Khyati Global Ventures IPO Lot Size :Retail Minimum is 1 lot (1,200 shares) amounting to ₹118,800. Retail Maximum is 1 lot (1,200 shares) amounting to ₹118,800. HNI Minimum is 2 lots (2,400 shares) amounting to ₹237,600.
The Lead Managers for Khyati Global Ventures IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Aryaman Financial Services Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Aryaman Capital Markets. You can analyze their track record by checking the Market Maker Performance Summary report.
For detailed information, Refer to the Khyati Global Ventures Limited RHP.
Khyati Global Ventures IPO Details
Khyati Global Ventures IPO Subscription
Khyati Global Ventures IPO Application Wise Breakup
Khyati Global Ventures IPO Dates
- 04 Oct 2024Opening dateOpen
- 08 Oct 2024Closing dateClose
- 09 Oct 2024Allotment Date Allotment
- 10 Oct 2024Initiation of RefundsRefund
- 10 Oct 2024Credit of SharesCredit
- 11 Oct 2024Listing dateListing
Khyati Global Ventures IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1200 | ₹118,800 |
| Retail Maximum | 1 | 1200 | ₹118,800 |
| HNI Minimum | 2 | 2400 | ₹237,600 |
Khyati Global Ventures IPO Reservation
Promoter Holding
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Khyati Global Ventures IPO Valuations
Khyati Global Ventures Financial Information
Khyati Global Ventures Limited's revenue increased by 9% and profit after tax (PAT) rose by 23% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | ||||||||||||||||||||||||||||||||||||
| Assets | 4,911.62 | 5,275.97 | 3,458.9 | 3,468.13 | ||||||||||||||||||||||||||||||||||||
| Revenue | 2,716.92 | 10,464.09 | 9,617.14 | 9,362.7 | ||||||||||||||||||||||||||||||||||||
| Profit After Tax | 94.67 | 253.19 | 205.66 | 149.66 | ||||||||||||||||||||||||||||||||||||
| Net Worth | 1,773.02 | 1,188.19 | 935 | 729.35 | ||||||||||||||||||||||||||||||||||||
| Reserves and Surplus | 1,180.01 | 670.59 | 805.6 | 599.95 | ||||||||||||||||||||||||||||||||||||
| Total Borrowing | 1,708.14 | 1,768.92 | 1,575.05 | 1,414.56 | ||||||||||||||||||||||||||||||||||||
| Amount in ₹ Lakhs | ||||||||||||||||||||||||||||||||||||||||
About Khyati Global Ventures IPO
Khyati Global Ventures Limited, formerly known as Khyati Advisory Services Limited, was incorporated in 1993 and is an exporter and repacker of a variety of FMCG products which include sub-categories of food, non-food FMCG products, household products, and festive handicrafts. The company also deals in pharmaceutical products.
The company's customers include wholesalers and importers of supermarkets operating a chain of supermarkets abroad. The company deals in globally recognized Indian brands such as Everest, Parle G, MDH, Fortune, Aashirvaad, Gowardhan, Balaji Wafers, Haldiram’s, Himalaya, Dove, Colgate, Unilever, Godrej, etc. as well as locally manufactured products. The company deals in basic items used by end consumers in their daily lives. The product portfolio includes:
- Non-Food FMCG products
- Food products
- Pharmaceutical products
- Festive, pooja and handicraft products
- Household products
Competitive strengths:
- Well-established infrastructure facilities: The company has four offices in Juhu, Maharastra. The company also has a warehouse in Navi Mumba, Maharashtra. The warehouse is spread over an area of 20,000 sq ft, which provides access to a huge area that facilitates the unloading of products from various vendors.
- Diverse product range in the portfolio
- Focus on export business: The company has exported foodstuffs, cosmetics, household products, pharmaceuticals, and handicraft products to more than 40 countries.
- Experienced promoters and management team
- Consistent financial performance: Based on the company's restated financial statements, the company's profit after tax (PAT) has increased from Rs. 149.66 lakhs in FY 2022 to Rs. 253.19 lakhs in FY 2024, representing a CAGR of 30.07%.
Strength Of Khyati Global Ventures IPO
1. Diverse range of Product in our Portfolio.
2. Experienced promoters and Management team.
3. Focus on Export Business.
4. Well established infrastructure facilities.
Risk Of Khyati Global Ventures IPO
1. The company requires certain approvals and licenses in the ordinary course of business and are required to comply with certain rules and regulations to operate its business, and the failures to obtain, retain and renew such approvals and licenses or comply with such rules and regulations, and the failures to obtain or retain them in a timely manner or at all may adversely affect its operation.
2. The Company, Group Companies, Promoters and Directors are parties to certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on its business, results of operations and financial condition.
3. The company derives majority of its revenue from export of its products. Loss of orders from the foreign country and change in their requirement or falls in budget will have material adverse effect on its business, financial condition and result of operation.
4. The company has reported negative net cash flows in the past and may do so in the future.
5. Trade Receivables, Inventories and advances to suppliers form a substantial part of its current assets and net worth. Failures to manage its trade receivables and advances could have an adverse effect on its net sales, profitability, cash flow and liquidity.
6. The company is significantly dependent on few customers for its revenue in a particular financial year. The loss of any one or more of such customer may have a material effect on its business operations and profitability.
7. The Company may have potential Conflicts of interest with its Promoter Group Entities as they are engaged in similar line of business.
8. In addition to normal remuneration, other benefits and reimbursement of expenses its directors (including the company Promoters) and Key Management Personnel are interested in the Company to the extent of their shareholding and dividend entitlement in the Company. Further its promoter has interest in the company property and in past the company has entered in related party transaction with them.
9. Its Promoters and Key Managerial Person play key role in the company functioning and the company heavily relies on their knowledge and experience in operating its business and therefore, it is critical for the company's business that they remain associated with it.
10. The average shelf life of its products ranges from six months to two years. Any actual or alleged contamination could lead to legal liability, damage to brand reputation, and adverse impact on its business, results of operations, financial condition and cash flows.
Objectives Khyati Global Ventures IPO
- Funding Working capital requirements; and
- General Corporate Purpose.
Company Contact Details
Khyati Global Ventures Limited
54 Juhu, Supreme Shopping Centre,
Gulmohar Cross Road no. 9,
JVPD Scheme, Juhu, Mumbai- 400049
Phone: +91 22-26255959
Email: info@kgv.co.in
Website: http://www.kgv.co.in/
Registrar Contact Details
Khyati Global Ventures FAQs
The Khyati Global Ventures IPO is a SME public issue comprising 1848000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹18.30 Cr. The issue price has been fixed at ₹99 per equity share, and the minimum application size is 1200 shares.
The IPO opens for subscription on 04 Oct 2024, and closes on 08 Oct 2024.
Bigshare Services Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE
As of now, the current GMP stands at ₹0 (0%).
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