Pavna Industries Limited IPO
NSE SME₹132,000 / 800 Shares
Pavna Industries Limited IPO Details
The Pavna Industries Limited IPO price band is set between 165/- Per Equity Share, with a face value of ₹10 per share. The issue is managed by Link Intime India Private Ltd, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 24 Feb, 2021 and closes on 1 Mar, 2021. Investors can check the allotment status on 4 Mar, 2021, while the listing date is tentatively scheduled for 9 Mar, 2021.
The total issue size is 1,800,000 Eq Shares of ₹10 , aggregating up to ₹29.70 Cr. Stay tuned for the latest Pavna Industries Limited IPO review and GMP updates.
Pavna Industries Limited IPO Review, Rating & Analysis
Pavna Industries Limited IPO Review
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Pavna Industries Limited IPO Highlights
IPO Date
Feb 24, 2021 - Mar 1, 2021
Listing Date
9 Mar, 2021
Face Value
₹10 Per Equity Share
Price Band
165/- Per Equity Share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Pavna Industries Limited IPO Lot Size
The minimum market lot for Pavna Industries Limited IPO is 800 shares with an application amount of ₹1,32,000. 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 | 800 | ₹1,32,000 |
| Retail (Max) | 1 | 800 | ₹1,32,000 |
| S-HNI (Min) | 2 | 1600 | ₹2,64,000 |
| S-HNI (Max) | 7 | 5600 | ₹9,24,000 |
| B-HNI (Min) | 8 | 6400 | ₹10,56,000 |
Pavna Industries Limited IPO Timeline
Issue Price
165/- Per Equity ShareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Link Intime India Private LtdLead Manager
Aryaman Financial Services limitedIssue Size
1,800,000 Eq Shares of ₹10 (aggregating up to ₹29.70 Cr)Fresh Issue: 902,400 Eq Shares of ₹10 (aggregating up to ₹14.89 Cr)Offer for Sale: 897,600 Eq Shares of ₹10 (aggregating up to ₹14.81 Cr)Pavna Industries Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Sept 20 | 148.07 | 68 | 0.82 | - | - | - |
| 31 Mar 20 | 120.35 | 179.82 | 6.33 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Mr. Swapnil jain
- Mrs. Asha Jaina
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 99.99% | 70.45% |
About Company
Party Cruisers Limited is specialized in wedding management and event management activities. The company offers a range of event activities from pre-wedding to during wedding and post-wedding activities such as in-house designing, destination wedding decor, etc.
From the initial conception (i.e. pre-event publicity, venue search, booking, transportation) to turnkey production (on-site management, staffing, entertainment, set-up, and designing) and post-event facilities (final material distribution, post-event report, attendance assessment) everything is managed by Party Cruisers to provide an AESTHETIC ambiance and luxury wedding experience to customers. It has two registered brands naming "Vivaah" and "Vows-Away and Beyond" to offer professional wedding services whereas event management facilities are provided under its own-brand "Event Factory" and through franchisee. It also has a brand "Live Space" that specializes in the venue and set construction, designing as well as consulting facilities for weddings.
The company generates 75% of the revenues from wedding management activities and the rest is contributed by event management activities.
Pavna Industries Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 8,52,000 | 8,52,000 | 17,04,000 |
Day 1 -24-02-21 05:00 PM | 1.08 x | 0.11 x | 0.59 x |
Day 2 -25-02-21 05:00 PM | 1.32 x | 0.28 x | 0.8 x |
Day 3 -26-02-21 05:00 PM | 1.9 x | 0.51 x | 1.2 x |
Day 4 -01-03-21 05:00 PM | 1.92 x | 1.07 x | 1.49 x |
Frequently Asked Questions about Pavna Industries Limited IPO IPO
When will Pavna Industries Limited IPO open for subscription?
The Pavna Industries Limited IPO opens on 24 Feb, 2021 and closes on 1 Mar, 2021.
What is the investors portion for Pavna Industries Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 852000.
How to apply for Pavna Industries Limited IPO?
You can apply for Pavna 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 Pavna Industries Limited IPO?
The issue size of Pavna Industries Limited IPO is approx ₹1,800,000 Eq Shares of ₹10 (aggregating up to ₹29.70 Cr)Fresh Issue: 902,400 Eq Shares of ₹10 (aggregating up to ₹14.89 Cr)Offer for Sale: 897,600 Eq Shares of ₹10 (aggregating up to ₹14.81 Cr) crores.
What is the price band of Pavna Industries Limited IPO?
The price band for Pavna Industries Limited IPO is 165/ to ₹ Per Equity Share.
What is the lot size of Pavna Industries Limited IPO?
The minimum bid (lot size) for Pavna Industries Limited IPO is N/A shares with an investment of approx ₹132,000 .
What is the allotment date of Pavna Industries Limited IPO?
The allotment date for Pavna Industries Limited IPO is 4 Mar, 2021.
What is the listing date of Pavna Industries Limited IPO?
The listing date for Pavna Industries Limited IPO is expected to be 9 Mar, 2021.
What is the GMP of Pavna Industries Limited IPO?
The latest Grey Market Premium (GMP) for Pavna 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.