Hardwyn India Ltd IPO


Subscription Details

  • Open Date 12 Apr
  • Close Date 17 Apr
  • Lot Size 10000
  • IPO Size ₹ 3.2 Cr
  • IPO Price Range ₹ 10
  • Min Investment ₹ 100000

Hardwyn India Ltd IPO Timeline

Open Date
12 Apr
Close Date
17 Apr
Basis of Allotment
Credit to Demat Account
Listing Date

IPO Synopsis

Public issue of 32,00,000 equity shares of Rs. 10 each (equity shares) of Garv Industries Limited (gil or the company) for cash at a price of Rs. 10 per share (the issue price), aggregating to Rs. 3.20 Crores (the issue), of which 1,70,000 equity shares of Rs. 10 each will be reserved for subscription by market makers to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. Issue of 30,30,000 equity shares of Rs.10 each is hereinafter referred to as the net issue. The issue and the net issue will constitute 31.37% and 29.71%, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10 and the issue price is 1 time of the face value.

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Hardwyn India Ltd IPO

Contact Information


B-502 5thFlr StatesmanHouse147,
Barakhamba Road,
New Delhi, Delhi 110001

Hardwyn India Ltd IPO Lead Manager

Aryaman Financial Services Ltd
Open Demat Account