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Garv Industries Limited IPO (Garv Industries IPO) Detail

Apr 12, 2018 - Apr 17, 2018

Incorporated in 2017, Delhi based Garv Industries Limited, is engaged in the business of multiproduct trading and distribution of wide range of aluminum and textile products.

The Company deals with a range of products like Aluminum Products viz. Aluminium Sheets/coils/extrusions/grill/ladders/ rolled products and textiles viz. cotton fabrics which have wide-scale applications in both B2B and B2C segments.

The company has 10 employees on its payroll.

Company Promoters:

The Promoters of the company are Mr. Rishu Agarwal, Mrs. Daya Bansal, and R S Services Private Limited (RSSPL). RSSPL was incorporated in 1989 and the company was taken over by Mr. Rishu Agarwal and Mrs. Daya Bansal in the year 2010. The current Promoters and Promoter Group holds 100.00% equity shares of this company.

RSSPL currently holds 69,95,800 Equity Shares of Garv Industries which constitutes 99.94% of the Pre-Issue paid up capital of the company.

Company Financials:

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lacs)
31-Jan-18
Total Assets 1,036.35
Total Revenue 1,459.18
Profit After Tax 11.43

Objects of the Issue:

The Objects of the Issue is to raise funds for:

(a) Working Capital Requirements;
(b) Funding expenditure for General Corporate Purposes

Garv Industries IPO Details

Issue OpenApr 12, 2018 - Apr 17, 2018
Issue TypeFixed Price Issue IPO
Issue Size3,200,000 Eq Shares of Rs 10
(aggregating up to Rs 3.20 Cr)
Face ValueRs 10 Per Equity Share
Issue PriceRs 10 Per Equity Share
Market Lot10000 Shares
Min Order Quantity10000 Shares
Listing AtBSE SME

Garv Industries IPO Tentative Date / Timetable

Bid/Offer Opens OnApr 12, 2018
Bid/Offer Closes OnApr 17, 2018
Finalisation of Basis of AllotmentApr 20, 2018
Initiation of RefundsApr 23, 2018
Credit of Shares to Demat Acct:Apr 24, 2018
IPO Shares Listing Date:Apr 25, 2018

Garv Industries IPO Subscription Status (Bidding Detail)

Garv Industries IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

NII

RII

Total

Shares Offered

1,591,500

1,591,500

3,030,000

Apr 17, 2018 17:00

2.17x

1.89x

2.13x

Garv Industries IPO Prospectus

Garv Industries IPO Rating

45
3.4
Rating:Rated 3.4 stars

Vote Here ...

Garv Industries IPO Listing Date

Listing DateWednesday, April 25, 2018
BSE Script Code541276
NSE Symbol
Listing InMT
ISININE626Z01011
Issue PriceRs 10 Per Equity Share
Face ValueRs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price
Open
Low
High
Last Trade
Volume
BSE SME
Rs 10.00
Rs 10.00
Rs 10.00
Rs 10.30
Rs 10.00
880,000

Garv Industries IPO Reviews / Ratings

Company Contact Information

Garv Industries Limited
B - 502, 5th Floor,
Statesman House 147, Barakhamba Road,
New Delhi - 110 001

Phone: +91 - 11 - 2362 9277
Email: info@garvindustries.com
Website: http://www.garvindustries.com/

Garv Industries IPO Registrar

Skyline Financial Services Private Ltd
   D-153A, 1st Floor,
   Okhla Industrial Area, Phase-I,
   New Delhi -110020

Phone: +91 - 11 - 2681
Email: virenr@skylinerta.com
Website: http://www.skylinerta.com

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Garv Industries IPO Review / Comments

avatar
14. DIVYANSHS  Apr 30, 2018 13:07 I Like It. | Report Abuse
aryaman is the most worst lead manager among all

Their issue should straight away not be applied.

SEBI should ban them as their trades on the aryaman issues looks like either going lower or uc .
avatar
13. DownriteVJ  Apr 27, 2018 11:00 I Like It. | Report Abuse
IPO Guru IPO Guru (1100+ Posts, 1000+ Likes)
9.5

5% down
avatar
12. DownriteVJ  Apr 24, 2018 11:45 I Like It. | Report Abuse
IPO Guru IPO Guru (1100+ Posts, 1000+ Likes)
Listing on 25th
avatar
11. IPOANALYSIS  Apr 18, 2018 00:43 I Like It. | Report Abuse
a similar company ashok metcast which ws also a trader of steel products is now ruling at
8 rs.it was also aryaman issue

stay away from such weak fundamental
avatar
10. Dhruv Gandhi  Apr 15, 2018 19:41 I Like It. | Report Abuse
Subject to?
avatar
10.1. DownriteVJ  Apr 16, 2018 18:03 I Like It. | Report Abuse
IPO Guru IPO Guru (1100+ Posts, 1000+ Likes)
Nil
avatar
10.2. TOPS  Apr 17, 2018 18:14 I Like It. | Report Abuse
Subject to is -10
avatar
9. DownriteVJ  Apr 17, 2018 15:09 I Like It. 1 | Report Abuse
IPO Guru IPO Guru (1100+ Posts, 1000+ Likes)
Retail 1.53X
Overall 1.25X
avatar
8. DownriteVJ  Apr 17, 2018 12:07 I Like It. 1 | Report Abuse
IPO Guru IPO Guru (1100+ Posts, 1000+ Likes)
Retail 1.13X
Overall 1.03X
avatar
7. DownriteVJ  Apr 16, 2018 18:02 I Like It. | Report Abuse
IPO Guru IPO Guru (1100+ Posts, 1000+ Likes)
Retail 0.97X
Overall 0.95X
avatar
6. DownriteVJ  Apr 13, 2018 16:54 I Like It. | Report Abuse
IPO Guru IPO Guru (1100+ Posts, 1000+ Likes)
Retail 0.63X
OVerall 0.64X
avatar
5. S T  Apr 13, 2018 09:40 I Like It. | Report Abuse
Bhagoooooo LM Aryaman aaaa gayaa wapas!!
avatar
4. SME TRACK  Apr 13, 2018 08:07 I Like It. 1 | Report Abuse
SMALL IPO... FILLED 45% ON THE FIRST DAY...AND THAT WITH EQUIVALENT RETAIL INVESTMENT...
POSITIVE ASPECT: 70% STAKE WITH THE PROMOTER...
REVIEW: MUST INVEST IN THE COMPANY
avatar
3. DownriteVJ  Apr 12, 2018 15:37 I Like It. | Report Abuse
IPO Guru IPO Guru (1100+ Posts, 1000+ Likes)
Retail 0.32X
Overall 0.21X
avatar
2. IPOANALYSIS  Apr 10, 2018 13:54 I Like It. 1 | Report Abuse
company has been formed this year only and coming with ipo. hahaha
avoid there is no history.
usually these stocks are operator driven with no fundamentals.
avatar
1. lic  Apr 10, 2018 10:06 I Like It. 1 | Report Abuse
Lorenzili ka bhai



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