Neopolitan Pizza And Foods IPO Listing Details
Khyati Global Ventures IPO: Key Dates, Issue Price, and Listing Details
Last Updated: 8th October 2024 - 02:10 pm
Khyati Global Ventures Limited, formerly known as Khyati Advisory Services Limited, was incorporated in 1993 and is an exporter and repacker of a variety of FMCG products including food, non-food FMCG products, household products, festive handicrafts, and pharmaceutical products. The company's customers include wholesalers and importers of supermarkets operating a chain of supermarkets abroad. The company deals in globally recognized Indian brands and has exported to more than 40 countries.
The Objectives of the Issue
Khyati Global Ventures Limited intends to utilise the Net Proceeds from the Issue towards the following objectives:
- Funding Working capital requirements
- General Corporate Purpose
Highlights of Khyati Global Ventures IPO
Khyati Global Ventures IPO is set to launch with a fixed price issue of ₹18.30 crores. The issue is a combination of fresh issue and offer for sale. Here are the key details of the IPO:
- The IPO opens for subscription on 4th October 2024 and closes on 8th October 2024.
- The allotment is expected to be finalised on 9th October 2024.
- Refunds will be initiated on 10th October 2024.
- Credit of shares to Demat accounts is also expected on 10th October 2024.
- The company will tentatively list on BSE SME on 11th October 2024.
- The issue price is fixed at ₹99 per share.
- The fresh issue comprises 10.48 lakh shares aggregating to ₹10.38 crores.
- The offer for sale comprises 8 lakh shares aggregating to ₹7.92 crores.
- The minimum lot size for the application is 1200 shares.
- Retail investors need to invest a minimum of ₹118,800.
- The minimum investment for HNI is 2 lots (2,400 shares), amounting to ₹237,600.
- Aryaman Financial Services Limited is the book running lead manager for the IPO.
- Bigshare Services Pvt Ltd serves as the registrar.
- Aryaman Capital Markets is the market maker for the IPO.
Khyati Global Ventures IPO - Key Dates
Event | Date |
IPO Open Date | 4th October 2024 |
IPO Close Date | 8th October 2024 |
Allotment Date | 9th October 2024 |
Initiation of Refunds | 10th October 2024 |
Credit of Shares to Demat | 10th October 2024 |
Listing Date | 11th October 2024 |
The cut-off time for UPI mandate confirmation is 5:00 PM on 8th October 2024. This deadline is crucial for investors to ensure their applications are processed successfully. Investors are advised to complete their applications well before this deadline to avoid any last-minute technical issues or delays.
iJoin the Club of Lakhs of Tech-Savvy Investors!
Khyati Global Ventures IPO Issue Details/Capital History
Khyati Global Ventures IPO is scheduled from 4th October to 8th October 2024, with a fixed price of ₹99 per share and a face value of ₹10. The total issue size is 18,48,000 shares, raising up to ₹18.30 crores through a combination of fresh issue and offer for sale. The IPO will be listed on BSE SME. The pre-issue shareholding is 59,30,100 shares.
Khyati Global Ventures IPO Allocation & Minimum Investment Lot Size
The IPO shares are allocated across different investor categories as follows:
Investor Category | Shares Offered |
Retail Shares Offered | 50% of the net offer |
Other Shares Offered | 50% of the net offer |
Investors can place bids for a minimum of 1200 shares, with additional bids required in multiples of this figure. The table below illustrates the minimum and maximum investment amounts for retail investors and HNIs, expressed in shares and monetary values.
Application | Lots | Shares | Amount |
Retail (Min) | 1 | 1200 | ₹118,800 |
Retail (Max) | 1 | 1200 | ₹118,800 |
HNI (Min) | 2 | 2,400 | ₹237,600 |
SWOT Analysis: Khyati Global Ventures Ltd
Strengths:
- Well-established infrastructure facilities
- Diverse product range in the portfolio
- Strong focus on export business with presence in over 40 countries
- Experienced promoters and management team
- Consistent financial performance
Weaknesses:
- Dependence on third-party supply for repacking
- Limited geographical presence of warehousing facilities
Opportunities:
- Expansion into new international markets
- Potential for vertical integration in the supply chain
- Growing demand for Indian FMCG products globally
Threats:
- Fluctuations in currency exchange rates
- Intense competition in the FMCG export sector
- Regulatory changes affecting international trade
Financial Highlights: Khyati Global Ventures Ltd
Below are the financial results for the recent periods:
Particulars (₹ in Lakhs) | 30th Jun 2024 | FY24 | FY23 | FY22 |
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 |
Khyati Global Ventures Limited has shown steady growth in recent years. The company's revenue increased by 9%, and profit after tax (PAT) rose by 23% between the financial year ending on 31st March 2024 and 31st March 2023.
Assets have shown significant growth, increasing from ₹3,468.13 lakhs in FY22 to ₹4,911.62 lakhs as of 30th June 2024, representing a growth of about 41.6% over this period.
Revenue has seen consistent growth, rising from ₹9,362.7 lakhs in FY22 to ₹10,464.09 lakhs in FY24, marking an increase of 11.8% over two years. The revenue for Q1 FY25 (ending 30th June 2024) stands at ₹2,716.92 lakhs, indicating continued strong performance.
The company's profitability has improved significantly. Profit After Tax increased from ₹149.66 lakhs in FY22 to ₹253.19 lakhs in FY24, representing a growth of 69.2% over two years.
Net Worth has shown strong growth, increasing from ₹729.35 lakhs in FY22 to ₹1,773.02 lakhs as of 30th June 2024, a growth of about 143% over this period.
Total Borrowings have increased from ₹1,414.56 lakhs in FY22 to ₹1,708.14 lakhs as of 30th June 2024, which represents an increase of about 20.8% over this period.
The company's financial performance shows a trend of steady revenue growth and improving profitability. However, investors should note the increase in borrowings and consider the debt-to-equity ratio of 1.02. The substantial increase in Net Worth indicates a strengthening financial position. Investors should evaluate these financial trends along with the company's market position and future growth prospects when considering the IPO.
Trending on 5paisa
01
5paisa Research Team
Discover more of what matters to you.
IPOs Related Articles
Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing. For detailed disclaimer please Click here.