Garv Industries IPO Price Band, Market Lot, Dates, Allotment & Subscription Details

Table of Contents

Garv Industries Ltd incorporated in 2017 based in Delhi. The company is doing trading and distribution of aluminium and textile products. The company is a new to market so we can not assume the upcoming years of its performance. They have 10 employees on payroll. Garv Industries ipo is starting from 12 April and ends on 17 April. The price band is around Rs.10 with 10000 market lot. The ipo size is around 03.20 crore rupees.

IPO Review:

  • Risky

Garv Industries IPO Dates & Price Band:

  • IPO Open: 12 April 2018
  • IPO Close: 17 April 2018
  • IPO Size: Approx Rs 03.20 Crore
  • Face Value: Rs.10 Per Equity Share
  • Price Band: Rs.10 Per Equity Share
  • Listing on: BSE SME
  • Shares: 3,200,000
  • Retail Portion: 50%

IPO Market Lot:

  • Shares: Apply for 10,000 Shares (Minimum Lot Size)
  • Amount: Rs.1,00,000

IPO Allotment & Listing:

  • Basis of Allotment: 20-April-2018
  • Refunds: 23-April-2018
  • Credit to demat accounts: 24-April-2018
  • Listing: 25-April-2018
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Financial Results:

Rs. in Crore
2018 (Till Jan)

Grey Market Premium:

  • The grey market is around Rs.N/A Subject to Sauda.

Garv Industries IPO Subscription Status:

  • IPO Subscribed 2.02 times overall

Garv Industries IPO Allotment Status:

Company Promoters:

  • Mr. Rishu Agarwal
  • Mrs. Daya Bansal
  • R S Services Private Limited (RSSPL)

Quick Links:
Draft Red Herring Prospectus
Red Herring Prospectus

IPO Registrar:
Skyline Financial Services Private Ltd
Phone: +91 – 11 – 2681
Fax: +91 – 11 – 30857562
Email: [email protected]
IPO Lead Managers:

  • Aryaman Financial Services limited

Company Address:
Garv Industries Limited
B – 502, 5th Floor,
Statesman House 147, Barakhamba Road,
New Delhi – 110 001
Phone: +91 – 11 – 2362 9277
Email: [email protected]

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