Pavna Industries Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

24 Feb 2021

Close Date

01 Mar 2021

Allotment

04 Mar 2021

Listing Date

09 Mar 2021

Exchange

NSE SME

Price Band

₹165

Listing Price

See chart

Allotment Status

Check Now →

Price Band

₹165

Per share

Face Value

₹10 per share

Lot Size

800 Shares

per lot

Issue Size

18,00,000 shares (aggregating up to ₹29.70 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹132,000

1 lot

Pre-IPO Holding

51,88,000 shares

Promoters

Post-IPO Holding

60,90,400 shares

Promoters

UPI Deadline

2021-03-01

Mandate

Anchor AllotmentTue, 23 Feb 2021

Basis of AllotmentThu, 04 Mar 2021

Refund InitiationFri, 05 Mar 2021

Demat CreditMon, 08 Mar 2021

Listing DayTue, 09 Mar 2021

UPI Mandate Deadline2021-03-01

Sale TypeFresh Capital-cum-Offer for Sale

Net Offer to Public17,04,000 shares (aggregating up to ₹28.12 Cr)

Market Maker Quota96,000 shares (aggregating up to ₹1.58 Cr)

Fresh Issue Shares8,06,400 shares (aggregating up to ₹13.31 Cr)

Offer for Sale8,97,600 shares of ₹10 (aggregating up to ₹14.81 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Pavna Industries Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 01 Mar 2021.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	96,000	—	₹1.58
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	1,800,000	100%	₹29.70

IPO Shares Offered

Pavna Industries Ltd. IPO total issue size: ₹29.70 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	96,000	₹1.58	5.33%
Total	1,800,000	₹29.70	100.00%

* Based on upper price band ₹165 per share

Lot Size & Investment

Lot Size

800

Shares per Lot

Issue Price

₹165.00

Upper Band

Min Investment

₹132,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	1,600	₹264,000
Retail (Max — 13 Lots)	13	10,400	₹1,716,000
S-HNI (Min — 14 Lots)	14	11,200	₹1,848,000
B-HNI (Min — 68 Lots)	68	54,400	₹8,976,000

* Issue Price ₹165 × Lot Size 800 shares

IPO Schedule

Anchor

23 Feb 2021

✓ Done

IPO Open

24 Feb 2021

✓ Done

IPO Close

01 Mar 2021

✓ Done

Allotment

04 Mar 2021

✓ Done

Refunds

05 Mar 2021

✓ Done

Demat Credit

08 Mar 2021

✓ Done

Listing Day

09 Mar 2021

✓ Done

₹165.00

INR · NSE

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Issue ₹165.00 Live Price

About Pavna Industries Ltd.

Incorporated in 1994, Pavna Industries is engaged in the manufacturing of automotive parts and automobile applications solutions. The company manufactures a wide range of automotive components for Original Equipment Manufacturers (OEM) to cater to the requirements of passenger vehicles, 2-wheelers, 3-wheelers, heavy and light commercial vehicles, and off-road vehicles.The company has a well-diversified portfolio including ignition switches, Latches, Fuel Tank Caps, Auto Locks, Handles, Switches, Carburetor, Oil Pump, Throttle Body, Casting Components, etc and aftermarket products i.e. filters, bearings, wiper blades, clutch plates, and brake shoes. It has three manufacturing plants located in Aligarh (UP), Aurangabad (Maharashtra), and Pantnagar (Uttarakhand). The units are ISO 9001:2015, ISO 14001:2015, OHSAS 18001:2007, and IATF 16949:2016 certified to deliver the highest-quality automotive components.Competitive StrengthsExperienced promoters and managerial team.Well-established manufacturing capacity.Diversified product portfolio.Strong financial performance track-record.In-house design capability, product development, and technical collaborations.

Objects of the Issue

1 Part Repayment of Loans

2 General Corporate Purpose

Pavna Industries Ltd. Financials (Amount in Lakhs)

Revenue from Operations

N/A

FY 2022-23

₹17,982.8

31-Mar-20

₹6,808.0

30-Sep-20

Profit After Tax (PAT)

N/A

FY 2022-23

₹633.7

31-Mar-20

₹82.8

30-Sep-20

Particulars	30-Sep-20	31-Mar-20	FY 2022-23
Revenue from Operations	6808.00	17982.84	N/A
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	82.80	633.74	N/A
Net Worth	N/A	N/A	N/A
Total Assets	14807.17	12035.61	N/A
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered18,00,000 (100.00%)

Net Offer to Public17,04,000 shares (aggregating up to ₹28.12 Cr)

Reserved for Market Maker96,000 shares (aggregating up to ₹1.58 Cr)

Pre-Issue Promoter Holding51,88,000 shares

Post-Issue Promoter Holding60,90,400 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

MUFG Intime India Pvt.Ltd.

+91-22-4918 6270

pavna.ipo@linkintime.co.in

https://linkintime.co.in/Initial_Offer/public-issues.html

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Book Running Lead Managers

Aryaman Financial Services Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Pavna Industries Ltd. IPO subscribed? ▲

Pavna Industries Ltd. IPO is subscribed 1.00 times by Mar 01, 2021. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Pavna Industries Ltd. IPO retail subscription status? ▼

The Pavna Industries Ltd. IPO retail category is subscribed 1.00 times as of 01 Mar 2021. The retail portion is oversubscribed.

How to subscribe Pavna Industries Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 24 Feb 2021 and closes 01 Mar 2021. Min investment: ₹132,000 (1 lot = 800 shares). UPI mandate: 2021-03-01.

How many times Pavna Industries Ltd. IPO subscribed? ▼

The Pavna Industries Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Pavna Industries Ltd. IPO allotment? ▼

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 04 Mar 2021. Refunds: on 05 Mar 2021.

When Pavna Industries Ltd. IPO will be listed? ▼

The Pavna Industries Ltd. IPO listing date is 09 Mar 2021, Tuesday. Listed on: NSE SME. Issue price: ₹165. Estimated listing: ₹165. GMP: NIL.

When Pavna Industries Ltd. IPO close? ▼

The Pavna Industries Ltd. IPO closes on 01 Mar 2021, Monday. UPI mandate: 2021-03-01. Allotment: 04 Mar 2021. Listing: 09 Mar 2021.

Quick Actions

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Live Price LIVE

Last Price₹165.00

Change—

Issue Price₹165.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹165

Face Value₹10

Lot Size800 Sh

Min. Amount₹132,000

GMPNIL

Est. Listing₹165

Subscribed1.00x

Open Date24 Feb 2021

Close Date01 Mar 2021

Allotment04 Mar 2021

Listing Date09 Mar 2021

ExchangeNSE SME

UPI Deadline2021-03-01