Khyati Global Ventures IPO is a fixed-price issue amounting to Rs 18.30 crores. It includes a fresh issue of 10.48 lakh shares totaling Rs 10.38 crores and an offer for sale of 8 lakh shares totaling Rs 7.92 crores.
The IPO will open for subscription on October 4, 2024, and close on October 8, 2024. The allotment is expected to be finalized on Wednesday, October 9, 2024, with the IPO listing on BSE SME on Friday, October 11, 2024 (tentative date).
The issue price is set at ₹99 per share, with a minimum lot size of 1,200 shares, requiring a minimum investment of ₹118,800 for retail investors. For HNIs, the minimum lot size is 2 lots (2,400 shares), amounting to ₹237,600.
Aryaman Financial Services Limited is the book-running lead manager, while Bigshare Services Pvt Ltd is the registrar. Aryaman Capital Markets is the market maker for the IPO.
Below are the details of Khyati Global Ventures IPO Details, Timeline, Lot Size, Anchor Investor, and Promoter Holding.
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Khyati Global Ventures IPO Details
| IPO Date | October 4, 2024 to October 8, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | ₹99 per share |
| Lot Size | 1200 Shares |
| Total Issue Size | 1,848,000 shares (aggregating up to ₹18.30 Cr) |
| Fresh Issue | 1,048,000 shares (aggregating up to ₹10.38 Cr) |
| Offer for Sale | 800,000 shares of ₹10 (aggregating up to ₹7.92 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 5,930,100 |
| Share holding post issue | 6,978,100 |
| Market Maker portion | 93,600 shares |
Khyati Global Ventures IPO Timeline
| IPO Open Date | Friday, October 4, 2024 |
| IPO Close Date | Tuesday, October 8, 2024 |
| Basis of Allotment | Wednesday, October 9, 2024 |
| Initiation of Refunds | Thursday, October 10, 2024 |
| Credit of Shares to Demat | Thursday, October 10, 2024 |
| Listing Date | Friday, October 11, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on October 8, 2024 |
Khyati Global Ventures IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹118,800 |
| Retail (Max) | 1 | 1200 | ₹118,800 |
| HNI (Min) | 2 | 2,400 | ₹237,600 |
Khyati Global Ventures IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Retail Shares Offered | 50% of the net offer |
| Other Shares Offered | 50% of the net offer |
Khyati Global Ventures IPO Financial Information
| 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 | ||||||||||||||||||||||||||||||||||||
| Amount in ₹ Lakhs | ||||||||||||||||||||||||||||||||||||||||
Khyati Global Ventures IPO Reviews
Khyati Global Ventures Limited, formerly known as Khyati Advisory Services Limited, was established in 1993. The company specializes in exporting and repacking a wide range of FMCG products, including food and non-food items, household goods, festive handicrafts, and pharmaceuticals.
The company caters to wholesalers and importers serving supermarket chains overseas. It deals in well-known Indian brands such as Everest, Parle G, MDH, Fortune, Aashirvaad, Gowardhan, Balaji Wafers, Haldiram’s, Himalaya, Dove, Colgate, Unilever, and Godrej, along with locally manufactured products. Its product portfolio includes:
- Non-food FMCG products
- Food products
- Pharmaceutical products
- Festive, pooja, and handicraft items
- Household products
Competitive strengths:
- Established infrastructure: The company operates four offices in Juhu, Maharashtra, and a 20,000 sq. ft. warehouse in Navi Mumbai, providing ample space for product handling and distribution.
- Diverse product portfolio.
- Focus on exports: The company has exported foodstuffs, cosmetics, household goods, pharmaceuticals, and handicrafts to over 40 countries.
- Experienced leadership team.
- Strong financial growth: The company’s profit after tax (PAT) grew from Rs. 149.66 lakhs in FY 2022 to Rs. 253.19 lakhs in FY 2024, with a compound annual growth rate (CAGR) of 30.07%.