Khyati Global Ventures Limited IPO
Khyati Global Ventures Limited IPO opens on October 4, 2024, and closes on October 8, 2024. The allotment for the Khyati Global Ventures IPO is expected to be finalized on Wednesday, October 9, 2024. Khyati Global Ventures IPO will be listed on BSE SME with tentative listing date fixed as Friday, October 11, 2024.
Khyati Global Ventures IPO price is ₹99 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹118,800. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹237,600.
Khyati Global Ventures IPO is a fixed price issue of Rs 18.30 crores. The issue combines a fresh issue of 10.48 lakh shares aggregating to Rs 10.38 crores and an offer for sale of 8 lakh shares aggregating to Rs 7.92 crores.
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 |
| Shareholding pre-issue | 5,930,100 |
| Shareholding post-issue | 6,978,100 |
Khyati Global Ventures IPO Lot Size
Investors can bid for a minimum of 1200 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1200 | ₹118,800 |
| Retail (Max) | 1 | 1200 | ₹118,800 |
| S-HNI (Min) | 2 | 2400 | ₹237,600 |
Khyati Global Ventures IPO Objectives
The Company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:
- Funding Working capital requirements; and
- General Corporate Purpose.
About Khyati Global Ventures Limited
Khyati Global Ventures Limited, originally established as Khyati Advisory Services Limited in 1993, specializes in exporting and repacking a wide range of FMCG products, including food, non-food items, pharmaceuticals, household goods, and festive handicrafts. The company boasts an impressive portfolio featuring well-known Indian brands such as Everest, Parle G, and Haldiram’s, catering to wholesalers and supermarket chains across more than 40 countries. With a strong infrastructure that includes four offices and a spacious 20,000 sq ft warehouse in Navi Mumbai, Khyati Global Ventures benefits from a diverse product range and experienced leadership. The company has shown robust financial growth, with profit after tax rising from Rs. 149.66 lakhs in FY 2022 to Rs. 253.19 lakhs in FY 2024, achieving a remarkable CAGR of 30.07%.
Khyati Global Ventures Limited 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 Reservation
| Investor Category | Shares Offered |
| Retail Shares Offered | 50% of the Net Issue |
| Other Shares Offered | 50% of the Net Issue |
Khyati Global Ventures IPO Timeline
Khyati Global Ventures IPO opens on October 4, 2024, and closes on October 8, 2024.
| 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 |
| A 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 |
