The Khyati Global Ventures IPO is scheduled to open on October 4, 2024, and will close on October 8, 2024. Importantly, this IPO is a fixed price issue aimed at raising approximately ₹26.22 crores. Specifically, it includes a fresh issue valued at ₹18.30 crores, along with an offer for sale of up to 800,000 equity shares, each with a face value of ₹10. This combination of fresh issuance and an offer for sale demonstrates the company’s strategic approach to raising funds for growth.
Table of contents
- Khyati Global Ventures IPO Overview
- Company Details
- Key Dates
- Financials (₹ in Lakhs)
- IPO Lot Size
- The objective of the Issue
- Company Promoters
- Khyati Global Ventures IPO GMP (Grey Market Premium)
- Khyati Global Ventures IPO Application Form PDF
- Khyati Global Ventures IPO Subscription Status
- Khyati Global Ventures IPO Allotment Status
- IPO Review
- Khyati Global Ventures IPO Registrar
- Khyati Global Ventures IPO Lead Manager
- Khyati Global Ventures Limited Contact
- FAQs
Khyati Global Ventures IPO Overview
| Overview Points | Description |
|---|---|
| Company Name | Khyati Global Ventures Limited |
| Industry | FMCG Export |
| IPO Issue Type | Fixed Price Issue |
| Open Date | October 04, 2024 |
| Close Date | October 08, 2024 |
| Total Issue Size | ₹26.22 Crores (2,648,000 Equity Shares) |
| Fresh Issue | ₹18.30 Crores (1,848,000 Equity Shares) |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹99 per share |
| Listing on | BSE SME |
| Lot Size | 1200 Shares |
| Offer for Sale | ₹7.92 Crores (800,000 Equity Shares) |
| Shares Offered to Retail | 50% |
| Shares Offered to QIB | 00% |
| Shares Offered to HNI | 50% |
Company Details
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.
Key Dates
| Events | Date |
|---|---|
| IPO Open Date | October 4, 2024 |
| IPO Close Date | October 8, 2024 |
| Basis of Allotment | October 9 , 2024 |
| Refunds | October 10, 2024 |
| Credit to Demat Account | October 10, 2024 |
| IPO Listing Date | October 11, 2024 |
Financials (₹ in Lakhs)
| 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 |
IPO Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹118,800 |
| Retail (Max) | 1 | 1,200 | ₹118,800 |
| HNI (Min) | 2 | 2,400 | ₹237,600 |
The objective of the Issue
- First, Funding Working capital requirements.
- Second, General Corporate Purpose.
Company Promoters
- Mr. Ramesh Rughani
- Mrs. Chandrika Rughani
- Ms. Khyati Rughani
- Mrs. Aditi Raithatha
- Mr. Hiren Raithatha.
Khyati Global Ventures IPO GMP (Grey Market Premium)
Are you curious about the latest Grey Market Premium (GMP) for the Khyati Global Ventures IPO? Look no further! Visit our dedicated IPO GMP section where we keep you in the loop with daily updates on all IPOs, including Khyati Global Ventures Limited. Additionally, stay ahead of the game with real-time GMP insights that can help you make informed investment decisions. Whether you’re a seasoned investor or just getting started, our updates have got you covered!
Khyati Global Ventures IPO Application Form PDF
To download the Khyati Global Ventures IPO application form, simply check out the IPO Forms. Additionally, you can download the ASBA IPO Forms PDF.
Khyati Global Ventures IPO Subscription Status
This IPO subscription kicks off on October 04, 2024! Meanwhile, if you’re looking to stay updated with the latest subscription figures, head over to our IPO Subscription section for real-time data on all ongoing IPOs. Moreover, don’t miss out on the action—track the progress as it happens!
Khyati Global Ventures IPO Allotment Status
To check the Khyati Global Ventures IPO allotment status go to the IPO registrar website Bigshare or go to IPO Allotment.
Furthermore, To check allotment status. Firstly, follow the steps below:
- Firstly, go to the link given above.
- Secondly, select the company name.
- Then, enter your PAN Number, Beneficiary Number, Application Number, or CAF Number.
- Finally, submit the details to get the allotment status.
IPO Review
Strengths:
- Khyati Global Ventures features a diverse product range, including food items, cosmetics, household products, pharmaceuticals, and handicrafts, allowing it to cater to various consumer needs.
- The company focuses heavily on its export business, successfully reaching over 40 countries, which bolsters its global presence and revenue.
- Additionally, Khyati Global Ventures benefits from an experienced management team that is essential for navigating the competitive landscape.
- The company’s financial performance has been impressive, with profit after tax (PAT) rising from ₹149.66 lakhs in FY 2022 to ₹253.19 lakhs in FY 2024, indicating a robust CAGR of 30.07%.
Risks:
- However, the company faces significant risks, such as dependence on a limited number of key customers for revenue, which could threaten financial stability.
- It also encounters foreign exchange risks and regulatory challenges related to export restrictions, which could adversely impact operations and financial outcomes.
Khyati Global Ventures IPO Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Khyati Global Ventures IPO Lead Manager
ARYAMAN FINANCIAL SERVICES LIMITED
60, Khatau Building, Ground Floor,
Alkesh Dinesh Modi Marg, Fort, Mumbai – 400 001
Phone: +91 22 – 6216 6999
Email: ipo@afsl.co.in
Website: www.afsl.co.in
Khyati Global Ventures Limited Contact
KHYATI GLOBAL VENTURES LIMITED
54 Juhu, Supreme Shopping Centre, Gulmohar Cross Road no. 9,
JVPD Scheme, Juhu, Mumbai- 400049, Maharashtra
Phone: +91 22-26255959
E-mail: info@kgv.co.in
Website: www.kgv.co.in
FAQs
The Khyati Global Ventures IPO is set at a fixed price, totaling ₹26.22 crores. Specifically, this offering includes a fresh issue of 18.48 lakh equity shares, which accounts for ₹18.30 crores. Additionally, there is an offer-for-sale (OFS) of 8 lakh equity shares, valued at ₹7.92 crores.
Aryaman Financial Services Limited has been appointed as the book-running lead manager for the Khyati Global Ventures IPO.
In this context, Bigshare Services Limited acts as the registrar for Khyati Global Ventures Limited, thus managing the administrative functions related to the IPO.
Furthermore, the public subscription for this IPO will commence on October 4, 2024. Therefore, investors can initiate their application process through the relevant channels once the subscription opens.
Ultimately, the proceeds from the IPO will primarily support the company’s working capital requirements. Additionally, the remaining funds will be allocated for general corporate purposes.
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