The Khyati Global Ventures IPO subscription status began on Friday, October 4, 2024, and will close on October 8, 2024. Through this IPO, the company aims to raise approximately ₹18.30 crores. Notably, the retail quota is set at 50%, while the Qualified Institutional Buyers (QIB) portion is 0%, and the Non-Institutional Investors (NII) quota is also 50%. Additionally, the price band is fixed at ₹99 per equity share.
The IPO consists of a minimum market lot of 1200 Shares requiring an application amount of ₹118,800. Khyati Global Ventures is an SME IPO that will be listed on the BSE.
Also read: Khyati Global Ventures IPO: Dates, Pricing and Allotment 2024
Table of contents
About Company
Khyati Global Ventures Limited is located at 54 Juhu, Supreme Shopping Centre, Gulmohar Cross Road No. 9, JVPD Scheme, Juhu, Mumbai- 400049, Maharashtra. The company specializes in exporting and repackaging a diverse range of FMCG products, which include food items, non-food products, household essentials, and festive handicrafts. Additionally, it engages in the distribution of pharmaceutical products.
Moreover, the primary clientele consists of wholesalers and supermarket importers operating chains of supermarkets abroad. By leveraging economies of scale, the company effectively optimizes various costs, such as rental, administrative, maintenance, and labor expenses. Consequently, this approach enhances overall profitability. To support its operations, Khyati Global Ventures employs IT and management systems tailored specifically to its business needs.
Furthermore, the company’s key strengths lie in its established infrastructure, experienced promoters, a skilled management team, and a strong focus on the export business. In addition, it boasts a diverse product portfolio. In 2022, the company reported revenue from operations amounting to ₹9,039.43 lakhs, with export sales constituting approximately 94.78% of total revenue. Ultimately, Khyati Global Ventures aims to meet the needs and desires of consumers, whether they are based in India or overseas.
IPOGMP.IN View
We recommend that investors consider applying for the IPO with a long-term perspective. Moreover, it is essential for investors to review the QIB, NII, and retail numbers before making an investment.
Khyati Global Ventures IPO Subscription Status
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| NII | 1.66 | 3.01 | 5.34 |
| RII | 4.40 | 13.89 | 25.00 |
| Total | 2.86 | 8.45 | 15.17 |
Khyati Global Ventures IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
IPOGMP.IN Review for Khyati Global Ventures
- Avoid
Khyati Global Ventures IPO Form
To apply for the Khyati Global Ventures IPO, use ASBA via your bank’s online portal or download and submit IPO forms through your bank or broker.
FAQs
The subscription begins on October 4, 2024, for QIBs, NIIs, and retail investors.
You can choose either ASBA or non-ASBA options by applying online through your bank or submitting a physical form to your broker.
You can visit our portal for live IPO subscription updates, which are refreshed hourly from official sources.
To apply, log in to the Zerodha Console, click on Portfolio, find “Khyati Global Ventures,” enter your UPI ID, quantity, and price, and then approve the mandate in your UPI app.
Similarly, log in to the Upstox app, select “Khyati Global Ventures,” confirm your application, and approve the mandate in your UPI app.
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