.PNG&w=256&q=75)
Garv Industries Limited IPO
BSE SMERs 1,00,000 / 10,000 Shares
Garv Industries Limited IPO Details
The Garv Industries Limited IPO price band is set between Rs 10 Per Equity Share, with a face value of Rs 10 per share. The issue is managed by Skyline Financial Services Private Ltd, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 12 Apr, 2018 and closes on 17 Apr, 2018. Investors can check the allotment status on 23 Apr, 2018, while the listing date is tentatively scheduled for 25 Apr, 2018.
The total issue size is 32,00,000 Equity Shares of Rs 10/- each at a price of 10/- per share aggregating to 3.2 Cr, aggregating up to . Stay tuned for the latest Garv Industries Limited IPO review and GMP updates.
Garv Industries Limited IPO Review, Rating & Analysis
Garv Industries Limited IPO Review
NO REVIEWGarv Industries Limited IPO Rating
Garv Industries Limited IPO Highlights
IPO Date
Apr 12, 2018 - Apr 17, 2018
Listing Date
25 Apr, 2018
Face Value
Rs 10 Per Equity Share
Price Band
Rs 10 Per Equity Share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Garv Industries Limited IPO Lot Size
The minimum market lot for Garv Industries Limited IPO is 10 shares with an application amount of ₹100. Retail investors can apply for up to 2000 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 10 | ₹100 |
| Retail (Max) | 2000 | 20000 | ₹2,00,000 |
| S-HNI (Min) | 2001 | 20010 | ₹2,00,100 |
| S-HNI (Max) | 10000 | 100000 | ₹10,00,000 |
| B-HNI (Min) | 10001 | 100010 | ₹10,00,100 |
Garv Industries Limited IPO Timeline
Issue Price
Rs 10 Per Equity ShareFace Value
Rs 10 Per Equity ShareListing at Group
BSE SMERegistrar
Skyline Financial Services Private LtdLead Manager
Aryaman Financial Services limitedIssue Size
32,00,000 Equity Shares of Rs 10/- each at a price of 10/- per share aggregating to 3.2 CrPromoters & Share Holding
Promoter(s) Name
- Mr. Rishu Agarwal
- Mrs. Daya Bansal
- R S Services Private Limited
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
Garv Industries Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 15,15,000 | 15,15,000 | 30,30,000 |
Day 1 -12-04-18 | 9,00,000 0.59 x | 5,30,000 0.35 x | 14,30,000 0.47 x |
Day 2 -13-04-18 | 10,50,000 0.69 x | 10,10,000 0.67 x | 20,60,000 0.68 x |
Day 3 -16-04-18 | 15,00,000 0.99 x | 15,50,000 1.02 x | 30,50,000 1.01 x |
Day 4 -17-04-18 | 34,60,000 2.28 x | 30,00,000 1.98 x | 64,60,000 2.13 x |
Frequently Asked Questions about Garv Industries Limited IPO IPO
When will Garv Industries Limited IPO open for subscription?
The Garv Industries Limited IPO opens on 12 Apr, 2018 and closes on 17 Apr, 2018.
What is the investors portion for Garv Industries Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 1515000.
How to apply for Garv Industries Limited IPO?
You can apply for Garv Industries Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Garv Industries Limited IPO?
The issue size of Garv Industries Limited IPO is approx ₹32,00,000 Equity Shares of Rs 10/- each at a price of 10/- per share aggregating to 3.2 Cr crores.
What is the price band of Garv Industries Limited IPO?
The price band for Garv Industries Limited IPO is Rs 10 Per Equity Share to ₹undefined.
What is the lot size of Garv Industries Limited IPO?
The minimum bid (lot size) for Garv Industries Limited IPO is 10000 shares with an investment of approx Rs 1,00,000 .
What is the allotment date of Garv Industries Limited IPO?
The allotment date for Garv Industries Limited IPO is 23 Apr, 2018.
What is the listing date of Garv Industries Limited IPO?
The listing date for Garv Industries Limited IPO is expected to be 25 Apr, 2018.
What is the GMP of Garv Industries Limited IPO?
The latest Grey Market Premium (GMP) for Garv Industries Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.