Khyati Global Ventures SME IPO Allotment Today: 15.17x Subscription, GMP, and How to Check Status
Khyati Global Ventures Ltd. closed its Initial Public Offering (IPO) on Tuesday, October 8, with strong demand, especially from retail investors. The IPO was oversubscribed 15.17 times.
On the last day, the offering received 8.45 times more bids than available shares. The IPO, which launched on Friday, had already seen 2.86 times subscription by the end of the first day.
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IPO Summary:
Khyati Global Ventures’ IPO was valued at ₹18.3 crore. It received 2.66 crore bids for 17.54 lakh available shares, as per market data from Chittorgarh.
IPO Breakdown:
The IPO included a fresh issue of 10.48 lakh shares worth ₹10.38 crore and an offer-for-sale (OFS) of 8 lakh shares valued at ₹7.92 crore. The price was set at ₹99 per share. Retail investors were required to bid for a minimum lot of 1,200 shares, costing ₹1,18,800.
Key Dates:
- Allotment Date: October 9, 2024.
- Shares Credited to Demat Accounts: October 10, 2024.
- Refunds for Unsuccessful Bidders: October 10, 2024.
- Listing on BSE SME platform: October 11, 2024.
Price Band and Lot Size:
The share price for Khyati Global Ventures IPO was fixed at ₹99 per share. The minimum lot size for retail investors was 1,200 shares, with an investment of ₹1,18,800.
How to Check IPO Allotment Status:
You can check the allotment status on Bigshare Services or through the BSE website by following these steps:
- Go to the BSE website.
- Select “Equity” under issue type.
- Choose “Khyati Global Ventures Limited” from the dropdown.
- Enter your application number or PAN.
- Complete the captcha verification.
- Click “Search” to view your allotment status.
About Khyati Global Ventures:
Founded in 1993, Khyati Global Ventures exports FMCG (fast-moving consumer goods) like food and household products to over 40 countries. The company represents popular Indian brands like Parle G and MDH, and also deals in pharmaceuticals and festive handicrafts. With growing profits, Khyati’s earnings increased from ₹1.49 crore in FY2022 to ₹2.53 crore in FY2024. The funds raised from the IPO will be used for working capital and other corporate purposes.
GMP (Grey Market Premium):
As of October 9, the grey market premium for Khyati Global Ventures is ₹0. However, it’s important to note that GMP is speculative and may not reflect the actual listing price.
Disclaimer: The views and investment tips expressed by investment experts on Sharepriceindia.com are their own and not those of the website or its management. Sharepriceindia.com advises users to check with certified experts before taking any investment decisions.
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