Khyati Global Ventures IPO Subscription Status

resr 5paisa Research Team

Last Updated: 8th October 2024 - 06:22 pm

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Khyati Global Ventures' initial public offering (IPO) has garnered significant investor interest, with subscription rates increasing steadily over the three-day period. Starting strongly on day one, the IPO witnessed continued demand, resulting in a 9.94 times oversubscription by 10:41:09 AM on day three. This response underscores the solid market appetite for Khyati Global Ventures' shares and sets the stage for a potentially dynamic listing.

The IPO, which opened on 4th October 2024, has seen growth in investor participation, primarily driven by Retail Investors. Khyati Global Ventures attracted bids for 1,74,34,800 equity shares amounting to ₹172.60 crore.

The Retail Investors segment, in particular, has shown strong demand, followed by moderate interest from Non-Institutional Investors (NII). 

Subscription Status of Khyati Global Ventures IPO for Days 1, 2, and 3:

Date NII Retail Total
Day 1 (Oct 4) 1.67 4.04 2.86
Day 2 (Oct 7) 3.01 13.89 8.45
Day 3 (Oct 8) 3.35 16.53 9.94

Note: Market Maker portion is not included in NII/HNI.
 

Here are the subscription details for Khyati Global Ventures IPO as of Day 3 (8th October 2024, 10:41:09 AM):

Investor Category Subscription (times) Shares Offered Shares Bid for Total Amount (₹ Cr.)*
Non-Institutional Buyers 3.35 8,77,200 29,38,800 29.09
Retail Investors 16.53 8,77,200 1,44,96,000 143.51
Total 9.94 17,54,400 1,74,34,800 172.60

Total Applications: 26,363

Note: The total amount is calculated based on the upper price of the issue range.

Key Highlights:

  • IPO of Khyati Global Ventures is currently subscribed 9.94 times, with strong demand from Retail Investors.
  • Retail investors have shown significant interest, with a subscription ratio of 16.53 times.
  • Non-Institutional Investors (NII) have demonstrated moderate enthusiasm, with a subscription ratio of 3.35 times.
  • The overall subscription trend increases day-on-day, indicating growing investor confidence and positive sentiment towards the issue.


Khyati Global Ventures IPO - Day 2 Subscription at 8.45 Times

Key Highlights:

  • On Day 2, Khyati Global Ventures' IPO was subscribed 8.45 times, with strong demand from Retail Investors.
  • Retail investors showed significantly increased interest with a subscription ratio of 13.89 times.
  • Non-Institutional Investors (NII) showed increased interest with a subscription ratio of 3.01 times.
  • The overall subscription trend indicated building momentum, with retail category showing significant increased participation.


Khyati Global Ventures IPO - Day 1 Subscription at 2.86 Times

Key Highlights:

  • The IPO of Khyati Global Ventures was subscribed 2.86 times on Day 1, with initial demand primarily from Retail Investors.
  • Retail investors showed strong early interest with a subscription ratio of 4.04 times.
  • Non-Institutional Investors (NII) showed moderate initial interest with a subscription ratio of 1.67 times.
  • The first-day response laid a strong foundation for the remaining days of the IPO, with expectations of increased participation in the following days.


About Khyati Global Ventures Limited:

Khyati Global Ventures Limited, incorporated in 1993, is an exporter and repacker of a diverse range of FMCG products, including food, non-food items, household products, and festive handicrafts. The company also deals in pharmaceutical products. With a global reach extending to over 40 countries, Khyati Global Ventures caters to wholesalers and importers of supermarket chains abroad, representing well-known Indian brands such as Everest, Parle G, MDH, and Haldiram's. The company operates from four offices in Juhu, Maharashtra, and maintains a 20,000 sq ft warehouse in Navi Mumbai. For the financial year ending 31st March 2024, the company reported revenue of ₹104.64 crore, a 9% year-on-year increase, with profit after tax (PAT) rising 23% to ₹2.53 crore. Khyati Global Ventures' strengths lie in its diverse product portfolio, established infrastructure, focus on export business, and consistent financial performance, positioning it as a key player in the FMCG export sector.

Read more about Khyati Global Ventures IPO

Highlights of the Khyati Global Ventures IPO:

  • IPO Date: 4th October 2024 to 8th October 2024
  • Listing Date: 11th October 2024 (Tentative)
  • Face Value: ₹10 per share
  • Price: ₹99 per share (Fixed Price Issue)
  • Lot Size: 1200 Shares
  • Total Issue Size: 1,848,000 shares (aggregating up to ₹18.30 Cr)
  • Fresh Issue: 1,048,000 shares (aggregating up to ₹10.38 Cr)
  • Offer for Sale: 800,000 shares (aggregating up to ₹7.92 Cr)
  • Issue Type: Fixed Price Issue IPO
  • Listing At: BSE SME
  • Book Running Lead Manager: Aryaman Financial Services Limited
  • Registrar: Bigshare Services Pvt Ltd
  • Market Maker: Aryaman Capital Markets

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