Pavna Industries Limited IPO (Pavna Industries IPO) Detail

Feb 24, 2021 - Mar 1, 2021

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 Strengths

  • Experienced 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.

Company Promoters:

Mr. Swapnil jain and Mrs. Asha Jaina are the company promoters.

Company Financials:

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Lakh)
30-Sep-20 31-Mar-20
Total Assets 14,807.17 12,035.61
Total Revenue 6,808 17,982.84
Profit After Tax 82.80 633.74

Objects of the Issue:

The IPO aims to raise money for the following purposes;

  • To make partial repayment of loans.
  • To meet general corporate purposes.

Pavna Industries IPO Details

IPO Opening DateFeb 24, 2021
IPO Closing DateMar 1, 2021
Issue TypeFixed Price Issue IPO
Face Value₹10 per equity share
IPO Price₹165 per equity share
Market Lot800 Shares
Min Order Quantity800 Shares
Listing AtNSE SME
Issue Size1,800,000 Eq Shares of ₹10
(aggregating up to ₹29.70 Cr)
Fresh Issue902,400 Eq Shares of ₹10
(aggregating up to ₹14.89 Cr)
Offer for Sale897,600 Eq Shares of ₹10
(aggregating up to ₹14.81 Cr)

Pavna Industries IPO Tentative Timetable

The Pavna Industries IPO open date is Feb 24, 2021, and the close date is Mar 1, 2021. The issue may list on Mar 9, 2021.

IPO Open DateFeb 24, 2021
IPO Close DateMar 1, 2021
Basis of Allotment DateMar 4, 2021
Initiation of RefundsMar 5, 2021
Credit of Shares to Demat AccountMar 8, 2021
IPO Listing DateMar 9, 2021

Pavna Industries IPO Lot Size

The Pavna Industries IPO market lot size is 800 shares. A retail-individual investor can apply for up to 1 lots (800 shares or ₹132,000).

ApplicationLotsSharesAmount (Cut-off)
Minimum1800₹132,000
Maximum1800₹132,000

Pavna Industries IPO Promoter Holding

Pre Issue Share Holding99.99%
Post Issue Share Holding70.45%

Pavna Industries IPO Prospectus

Pavna Industries IPO Rating

90
3.3
Rating:Rated 3.3 stars

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Pavna Industries IPO Reviews / Ratings

Company Contact Information

Pavna Industries Limited
Vimlanchal, Hari Nagar
Aligarh - 202001


Phone: +91 8006409332
Email: info@pavnagroup.com
Website: http://www.pavanagroup.com/

Pavna Industries IPO Registrar

Link Intime India Private Ltd
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270
Email: pavna.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

Pavna Industries IPO FAQs

  1. What is Pavna Industries IPO?

    Pavna Industries IPO is a SME IPO of 1,800,000 equity shares of the face value of ₹10 aggregating up to ₹29.70 Crores. The issue is priced at ₹165 per equity share. The minimum order quantity is 800 Shares.

    The IPO opens on Feb 24, 2021, and closes on Mar 1, 2021.

    Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

  2. How to apply in Pavna Industries IPO through Zerodha?

    Zerodha customers can apply online in Pavna Industries IPO using UPI as a payment gateway. Zerodha customers can apply in Pavna Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.

    Steps to apply in Pavna Industries IPO through Zerodha

    1. Visit the Zerodha website and login to Console.
    2. Go to Portfolio and click the IPOs link.
    3. Go to the 'Pavna Industries IPO' row and click the 'Bid' button.
    4. Enter your UPI ID, Quantity, and Price.
    5. ‘Submit’ IPO application form.
    6. Visit the UPI App (net banking or BHIM) to approve the mandate.

    Visit Zerodha IPO Application Process Review for more detail.

  3. When Pavna Industries IPO will open?

    The Pavna Industries IPO opens on Feb 24, 2021 and closes on Mar 1, 2021.

  4. What is the lot size of Pavna Industries IPO?

    Pavna Industries IPO lot size is 800 Shares and the minimum order quantity is 800 Shares.

  5. How to apply for Pavna Industries IPO?

    You can apply in Pavna Industries IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

  6. When Pavna Industries IPO allotment?

    The finalization of Basis of Allotment for Pavna Industries IPO will be done on Mar 4, 2021, and the allotted shares will be credited to your demat account by Mar 8, 2021. Check the Pavna Industries IPO allotment status.

  7. When is Pavna Industries IPO listing date?

    The Pavna Industries IPO listing date is not yet announced. The tentative date of Pavna Industries IPO listing is Mar 9, 2021.

Pavna Industries IPO Message Board

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