Garv Industries IPO is set to make its debut on 16th April 18 with 3.20 cr is engaged in the business of multiproduct trading and distribution of wide range of aluminum and textile products.
Garv Industries IPO – overview
| IPO Dates | 12-17 April 18 |
| IPO Price | INR 10 per share |
| Fresh issue | – |
| Offer For Sale | Nil |
| Total IPO size | 3,200,000 shares (INR 3.20 crore) |
| Minimum bid (lot size) | 10000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE Emerge |
Garv Industries IPO – Tentative Dates
| IPO Offer Opening Date | 12 April 2018 |
| IPO Closing Date | 17 April 2018 |
| Finalization of Basis of Allotment | 20 April 2018 |
| Initiation of refunds | 23 April 2018 |
| Transfer of shares to demat accounts | 24 April 2018 |
| IPO Listing Date | 25 April 2018 |
Company Overview
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.
Objects of the Issue
1 Working Capital Requirements.
2.Funding expenditure for General Corporate Purposes
Company Financials
| Particulars | 31-Mar-17 |
| Total Assets | 1,036.35 |
| Total Revenue | 1,459.18 |
| Profit After Tax | 11.43 |
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
Phone: 02228511022
Email: virenr@skylinerta.com
Website: https://www.skylinerta.com/
Garv Industries IPO Lead Manager(s)
- Aryaman Financial Services Limited (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
