• BSE
  • NSE
    • {{d.cmpname}}
    • {{d.price}}
    • ({{d.PerChg}}%)
Market | Equity | Daily Market Tracker | IPO Synopsis
IPO SYNOPSIS
Pavna Industries Ltd
Registered Office:
Vimlanchalhari Nagar,,
Aligarh - 202001,
Uttar Pradesh, India.
Website :  www.pavnagroup.com
Initial public issue of 18,00,000 equity shares of (Rs) 10 each ("equity shares") of Pavna Industries Limited ("PIL" or the "company") for cash at a price of (Rs) 165 per share (the "issue price"), aggregating to (Rs) 29.70 crores ("the issue"), consisting of fresh issue of 9,02,400 equity shares aggregating to (Rs) 14.89 crores and an offer for sale of 8,97,600 equity shares by Mrs. Asha Jain ("the promoter selling shareholder" or "the selling shareholders") aggregating to (Rs) 14.81 crores ("offer for sale"), of which 96,000 equity shares of (Rs) 10 each will be reserved for subscription by market maker to the issue (the "market maker reservation portion"). The issue less than the market maker reservation portion i.e. Issue of up to 17,04,000 equity shares of (Rs) 10 each is hereinafter referred to as the "net issue". The issue and the net issue will constitute 29.55% and 27.98%, respectively of the post issue paid up equity share capital of the company. The Face value of the equity shares is (Rs) 10 and the issue price is 16.5 times of the face value.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
24-Feb-21
01-Mar-21
165.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 800     Further Multiples of : 800
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
14.62
Aryaman Financial Services Ltd
Project Financed
29.70
 
Post Issue
6.09
 
Issue Price
165.00
 
Projects
Part Repayment of Loans
General corporate purpose
Promoted By
Swapnil Jain
Asha Jain
Listing At
NSE - SME
Registrar to the Issue
Link Intime India Pvt Ltd
DB (International) Stock Brokers Limited: SEBI Reg. No.-INZ000179035 / CDSL : IN-DP-CDSL-266-2004 MCX-SX:INE 260643233/21500(CD)
Daga Commodities Private Limited: SEBI Reg. No. INZ000028833
Investor Grievances Email ID: compliance@dbonline.in & investors@dbonline.in
Copyright © 2016 All rights Reserved DB (International) Stock Brokers Ltd.     Designed, Developed and content powered by C-MOTS Infotech( ISO 9001:2015 certified )
"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day......................issued in the interest of investors."          "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
Attention Investors ::
subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries