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Parin Furniture Limited IPO
NSE SMERs 1,26,000/- ) / 2000 Shares
Parin Furniture Limited IPO Details
The Parin Furniture Limited IPO price band is set between Rs 60/- to Rs 63/- Per Equity Share, with a face value of Rs 10 per share. The issue is managed by Karvy Computershare Pvt. Ltd, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 26 Sep, 2018 and closes on 28 Sep, 2018. Investors can check the allotment status on 5 Oct, 2018, while the listing date is tentatively scheduled for 9 Oct, 2018.
The total issue size is Fresh Issue of 30,00,000 Equity Shares of Rs 10/- at a price of Rs 60/- to Rs 63/- per share aggregating to Rs 18.90 Cr, aggregating up to . Stay tuned for the latest Parin Furniture Limited IPO review and GMP updates.
Parin Furniture Limited IPO Review, Rating & Analysis
Parin Furniture Limited IPO Review
NO REVIEWParin Furniture Limited IPO Rating
Parin Furniture Limited IPO Highlights
IPO Date
Sep 26, 2018 - Sep 28, 2018
Listing Date
9 Oct, 2018
Face Value
Rs 10 Per Equity Share
Price Band
Rs 60/- to Rs 63/- Per Equity Share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Parin Furniture Limited IPO Lot Size
The minimum market lot for Parin Furniture Limited IPO is 2000 shares with an application amount of ₹1,26,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹1,26,000 |
| Retail (Max) | 1 | 2000 | ₹1,26,000 |
| S-HNI (Min) | 2 | 4000 | ₹2,52,000 |
| S-HNI (Max) | 7 | 14000 | ₹8,82,000 |
| B-HNI (Min) | 8 | 16000 | ₹10,08,000 |
Parin Furniture Limited IPO Timeline
Issue Price
Rs 60/- to Rs 63/- Per Equity ShareFace Value
Rs 10 Per Equity ShareListing at Group
NSE SMERegistrar
Karvy Computershare Pvt. LtdLead Manager
Hem Securities LimitedIssue Size
Fresh Issue of 30,00,000 Equity Shares of Rs 10/- at a price of Rs 60/- to Rs 63/- per share aggregating to Rs 18.90 CrPromoters & Share Holding
Promoter(s) Name
- Mr. Umesh Dhirajlal Nandani
- Mr. Deven Dipesh Nandani
- Mr. Parin Umeshbhai Nandani
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
Parin Furniture Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 2,84,000 | 15,62,000 | 9,94,000 | 30,00,000 |
Day 1 -26-09-18 | 0 x | 15,92,000 1.02 | 15,36,000 1.55 x | 31,28,000 1.10 x |
Day 2 -27-09-18 | 2,84,000 1.00 x | 16,96,000 1.09 | 21,66,000 2.18 x | 41,46,000 1.46 x |
Day 3 -28-09-18 | 2,84,000 1.00 x | 29,50,000 1.89 | 37,02,000 3.72 x | 69,36,000 2.44 x |
Frequently Asked Questions about Parin Furniture Limited IPO IPO
When will Parin Furniture Limited IPO open for subscription?
The Parin Furniture Limited IPO opens on 26 Sep, 2018 and closes on 28 Sep, 2018.
What is the investors portion for Parin Furniture Limited IPO?
The investors' portion for QIB is 284000 1.00 x, NII is 2950000 1.89, and Retail is 3702000 3.72 x.
How to apply for Parin Furniture Limited IPO?
You can apply for Parin Furniture 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 Parin Furniture Limited IPO?
The issue size of Parin Furniture Limited IPO is approx ₹Fresh Issue of 30,00,000 Equity Shares of Rs 10/- at a price of Rs 60/- to Rs 63/- per share aggregating to Rs 18.90 Cr crores.
What is the price band of Parin Furniture Limited IPO?
The price band for Parin Furniture Limited IPO is Rs 60/ to ₹ to Rs 63/.
What is the lot size of Parin Furniture Limited IPO?
The minimum bid (lot size) for Parin Furniture Limited IPO is 2000 shares with an investment of approx Rs 1,26,000/- ) .
What is the allotment date of Parin Furniture Limited IPO?
The allotment date for Parin Furniture Limited IPO is 5 Oct, 2018.
What is the listing date of Parin Furniture Limited IPO?
The listing date for Parin Furniture Limited IPO is expected to be 9 Oct, 2018.
What is the GMP of Parin Furniture Limited IPO?
The latest Grey Market Premium (GMP) for Parin Furniture 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.