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Sanghvi Brands Ltd IPO (Sanghvi Brands IPO) Detail

November 10, 2017 - November 14, 2017

Sanghvi Brands IPO is a fixed price issue of Rs 18.96 crores.

Sanghvi Brands IPO bidding started from November 10, 2017 and ended on November 14, 2017. The shares got listed on BSE SME on November 22, 2017.

Sanghvi Brands IPO price is ₹69 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹138,000.

Sarthi Capital Advisors Private Limited is the book running lead manager of the Sanghvi Brands IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Refer to Sanghvi Brands IPO DRHP for detailed information.

Sanghvi Brands IPO Details

IPO Date November 10, 2017 to November 14, 2017
Listing Date November 22, 2017
Face Value ₹10 per share
Price ₹69 per share
Lot Size 2000 Shares
Total Issue Size2,748,000 shares
(aggregating up to ₹18.96 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME

Sanghvi Brands IPO Lot Size

Investors can bid for a minimum of 2000 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 2000 ₹138,000
Retail (Max) 1 2000 ₹138,000
Lot Size Calculator

About Sanghvi Brands Ltd

Incorporated in 2010, Sanghvi Brands Ltd (SBL) manages and operates Luxury Spa, Beauty, Wellness & Fitness Brands and one of the top largest Spa and Wellness Operator in India with license rights to operate various premium international brands including Spa by Clarins, Spa by L�Occitane, Elle Spas & Salons, Warren Tricomi Salon & Spa, Levo, Rosanno Ferretti, TAOS Salon, Ramona Braganza�s 3-2-1 Fitness programme.

They also holds sole distributorship of Noveau Lashes for the territory of India to promote market and sell these products. They currently operates 19 Spa/Salons across the globe and another 9 Salons/Spa are under development. It has partnered with The Ritz Carlton San Fransisco, JW Marriot Mussoorie, Raichak Hotel in Kolkata, Khyber Resorts in Himalayas, Jammu & Kashmir, realty developers Lodha, IREO, K Raheja Corp etc.

Objects of the Issue (Sanghvi Brands IPO Objectives)

The objects of the Issue are:

1. Business Expansion
a) Expanding outlets/ distribution of current brand portfolio in India and overseas
b) Acquisitions and development of new brands
2. Marketing and Sales promotion of the brands in their portfolio
3. Strategic Investments for business growth
4. General Corporate Purpose
5. Issue Expenses.

Sanghvi Brands IPO Review (Avoid)

[Dilip Davda]  Considering negative returns and inconsistent track record, here is no harm in giving this issue a miss. (Avoid) Read detail review...

Sanghvi Brands IPO Prospectus

Sanghvi Brands IPO Rating

85
3.2
Rating:Rated 3.2 stars
Vote Here ...

Sanghvi Brands IPO Listing Details

Listing Date November 22, 2017
BSE Script Code 540782
NSE Symbol
ISIN INE204Y01010
Final Issue Price ₹69 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE SME
₹69.00
₹75.90
₹74.00
₹82.80
₹82.80

Check IPO Performance…

Sanghvi Brands Ltd Contact Details

Sanghvi Brands Ltd
Sanghvi House,
105/2 Shivaji Nagar,
Pune - 411005
Phone: 020730533084
Email: Investor@sanghvibrands.com
Website: http://www.sanghvibrands.com

Sanghvi Brands IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html

Sanghvi Brands IPO - Buy or Not

Sanghvi Brands IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 0 0 1
Members 0 0 0

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Sanghvi Brands IPO FAQs

Sanghvi Brands IPO is a SME IPO of 2,748,000 equity shares of the face value of ₹10 aggregating up to ₹18.96 Crores. The issue is priced at ₹69 per share. The minimum order quantity is 2000 Shares.

The IPO opens on November 10, 2017, and closes on November 14, 2017.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Sanghvi Brands IPO opens on November 10, 2017 and closes on November 14, 2017.

Sanghvi Brands IPO lot size is 2000 Shares, and the minimum amount required is ₹138,000.

You can apply in Sanghvi Brands 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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Sanghvi Brands IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Sanghvi Brands IPO allotment status.

The Sanghvi Brands IPO listing date is on November 22, 2017.
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Sanghvi Brands IPO Message Board

Ranked Members of Chittorgarh.com Forum  Ranked Members | Members with Most Likes

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52 Comments

39. GreeDisGood |   Link |  Bookmark |November 22, 2017 3:18:14 PM
When I had posted this is very good company with bright future many people laughed.
But see the upper circuits.
39.1. Shareking |   Link |  Bookmark |November 28, 2017 9:59:22 AM
IPO Mentor IPO Mentor (800+ Posts, 1100+ Likes)

No one is perfect in stock market

Dilip Davda Conclusion: Considering negative returns and inconsistent track record, here is no harm in giving this issue a miss. (Avoid)

However stock is trading 90% above issue price
38. Shareking |   Link |  Bookmark |November 28, 2017 9:57:53 AM
IPO Mentor IPO Mentor (800+ Posts, 1100+ Likes)
No one is perfect in stock market

Dilip Davda Conclusion: Considering negative returns and inconsistent track record, here is no harm in giving this issue a miss. (Avoid)

However stock is trading 90% above issue price
37. IPObooster |   Link |  Bookmark |November 24, 2017 8:42:40 AM
Good Morning ... as i already post message !!

35. IPObooster Nov 22, 2017 12:00:47 PM
Seems to be two uprcirkt later on may book profit .... best way Dnt be greedy in share market its golden rules. best of luck
36. Chota Rajan |   Link |  Bookmark |November 22, 2017 3:25:48 PM
Does pre bidding and trade confirmation in pre open session happens in sme ipo, like mainline ipo?
36.1. know basic |   Link |  Bookmark |November 23, 2017 11:19:59 AM
It is a good question...which will answer queries of many. There is no pre-open session for SME companies and hence the question of GMP or Grey Market Premium is not applicable. It can open only at the issue price and not above the issue price. Upper or lower circuit can be only based on the issue price.
Henceforth, please only ask whether it can go upper circuit for how many days, though NOBODY CAN TELL THIS.
35. IPObooster |   Link |  Bookmark |November 22, 2017 11:00:47 AM
Seems to be two uprcirkt later on may book profit .... best way Dnt be greedy in share market its golden rules. best of luck
34. Dubai ipo |   Link |  Bookmark |November 22, 2017 8:46:11 AM
20% up
33. know basic |   Link |  Bookmark |November 21, 2017 10:17:34 PM
Those who have got short term view can sell this stock. Those who have long term view can hold can hold to get multiple gains. I request you to see the product line and business model.
32. Dubai ipo |   Link |  Bookmark |November 20, 2017 5:56:11 PM
LISTING DATE?
31. Sandeep kumar jain |   Link |  Bookmark |November 20, 2017 11:01:19 AM
Exit on. Firsr day. Poor. Fundamental og sngvii. So plz save u r hhard. Money
30. U. H. U. U |   Link |  Bookmark |November 19, 2017 4:49:50 PM
Yeh issue flamboyant logo ka liye hai,
Hum jesse garib logo ka liye nahi.
Garib log manghi cheese nahi kharidtee.
29. Dubai ipo |   Link |  Bookmark |November 19, 2017 9:00:14 AM
ANY NEWS ABOUT SANGHVI BRAND SME.. I GOT 2 APP...ABOUT LISTING PRICE
28. Shyamu |   Link |  Bookmark |November 18, 2017 9:05:31 PM
Expected price on listing day
27. Sanjay Mahesana |   Link |  Bookmark |November 18, 2017 5:41:56 PM
Allotment out
Very quickly
26. IPOIsMy |   Link |  Bookmark |November 10, 2017 1:17:15 PM
Subscription not impressive for first day. I think all are busy in ANI.

Subscription at

is . gd / xq2yt6
(delete space)
26.1. IPOIsMy |   Link |  Bookmark |November 14, 2017 10:05:32 AM
today is last day
26.2. IPOIsMy |   Link |  Bookmark |November 14, 2017 4:24:35 PM
FII put their money in this SME IPO.

Looks good.
25. U. H. U. U |   Link |  Bookmark |November 14, 2017 1:03:17 PM
Not subscribed even 1 time overall.
25.1. U. H. U. U |   Link |  Bookmark |November 14, 2017 1:04:58 PM
Today is last day. Not even 1 time overall at 2 p. m.
25.2. sumra |   Link |  Bookmark |November 14, 2017 3:56:41 PM
Its 2.44 times subscribe.
24. ANUJTAHLAN |   Link |  Bookmark |November 13, 2017 9:47:35 PM
Subscription not impressive for Second day
NII 256000
RII 208000

TOTAL 464000
ISSUE SIZE 2748000
AROUNT 17 % ONLY
23. intra day king |   Link |  Bookmark |November 13, 2017 9:25:37 PM
Subscription figures please
22. SKT |   Link |  Bookmark |November 13, 2017 4:04:37 PM
Please send link for subscription
21. Gunnanayak |   Link |  Bookmark |November 13, 2017 11:34:04 AM
Invest blindly for quick money.. ... Don''t keep long time
20. GreeDisGood |   Link |  Bookmark |November 12, 2017 6:33:59 PM
Apply blindly.
Market is bullish and it will have first mover advantage. 3-4 upper circuits for sure.
20.1. Vimalkaria |   Link |  Bookmark |November 13, 2017 8:19:28 AM
Hi
How will you can say that uc will be get upto
3-4 times higher ???