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 Date Feb 24, 2021
IPO Closing Date Mar 1, 2021
Issue Type Fixed Price Issue IPO
Face Value ₹10 per equity share
IPO Price ₹165 per equity share
Market Lot 800 Shares
Min Order Quantity 800 Shares
Listing At NSE 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 Date Feb 24, 2021
IPO Close Date Mar 1, 2021
Basis of Allotment Date Mar 4, 2021
Initiation of Refunds Mar 5, 2021
Credit of Shares to Demat Account Mar 8, 2021
IPO Listing Date Mar 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).

Application Lots Shares Amount (Cut-off)
Minimum 1 800 ₹132,000
Maximum 1 800 ₹132,000

Pavna Industries IPO Promoter Holding

Pre Issue Share Holding 99.99%
Post Issue Share Holding 70.45%

Pavna Industries IPO Prospectus

Pavna Industries IPO Rating

Rating:Rated 3.3 stars
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Pavna Industries IPO Listing Date

Listing Date Tuesday, March 9, 2021
BSE Script Code
Listing In
ISIN INE07S101020
IPO Price ₹165 per equity share
Face Value ₹10 per equity share

Listing Day Trading Information

IPO Price
Last Trade
IPO Price: ₹165.00
Open: ₹165.60
Low: ₹165.05
High: ₹166.50
Last Trade: ₹165.50

Company Contact Information

Pavna Industries Limited
Vimlanchal, Hari Nagar
Aligarh - 202001

Phone: +91 8006409332

Pavna Industries IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Pavna Industries IPO Reviews / Ratings

Pavna Industries IPO FAQs

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.

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.

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

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

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.

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.

The Pavna Industries IPO listing date is on Tuesday, March 9, 2021.

Pavna Industries IPO Message Board

Ranked Members  Ranked Members

6. Coolpositive |Mar 6, 2021 23:15
Any comments on pavna ipo ?
6.4. harit |Mar 13, 2021 16:20
IPO Guru IPO Guru (1700+ Posts, 3000+ Likes)
Right amit ji
But I think HNI/NII apply online and mostly private banks.
So many ipo on the way so
Funds may be divided

If anupam gets 100× in nii
Then something to cheer in listing otherwise pray to God
For even 2500-3000 profit
6.5. Nicks Jain |Mar 13, 2021 16:59
IPO Mentor IPO Mentor (600+ Posts, 800+ Likes)
Lets wait till last day...
Reason as well there are more Ipos opening obvious subscription may not b too high in this ipo....
5. Rafiq |Feb 25, 2021 13:02
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Koi subscription figure to daalo...
4. BK Prajapati |Feb 21, 2021 08:24
applying in sme ipo is the same like mainstream ipo applying???
dont know much about sme ipo.
4.1. IPOANALYSIS |Feb 22, 2021 00:32
IPO Guru IPO Guru (1900+ Posts, 1500+ Likes)
Avoid u will get this stock easily available at same issue price or below issue price.
4.2. RohitArorra |Feb 24, 2021 22:29
It is best to avoid SME ipos or until u have a long vision of 10 yrs of so
3. PrafulJothi |Feb 20, 2021 09:27
Beware of SME ipo ?
2. PrafulJothi |Feb 20, 2021 08:55
Beware of SME ipo ?
1. VMARU |Feb 19, 2021 15:01
Retail investors can apply upto 2 lakhs so the lot size should be structured such a way upto 199000 but this restricts the max retail amount to 135000. Poor decision.