Khyati Global Ventures IPO Details

Fixed Price IPO | ₹18 Cr | Listed at BSE SME | Fri, Oct 4, 2024 - Tue, Oct 8, 2024

Khyati Global Ventures IPO Logo

Khyati Global Ventures IPO is a fixed price issue of ₹18.30 crores. The issue is a combination of fresh issue of 0.10 crore shares aggregating to ₹10.38 crores and offer for sale of 0.08 crore shares aggregating to ₹7.92 crores.

Khyati Global Ventures IPO bidding started from Oct 4, 2024 and ended on Oct 8, 2024. The allotment for Khyati Global Ventures IPO was finalized on Oct 9, 2024. The shares got listed on BSE SME on Oct 11, 2024.

Khyati Global Ventures IPO price is ₹99 per share. The lot size for an application is 1,200. The minimum amount of investment required by an individual investor (retail) is ₹1,18,800 (1200 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (2,400 shares), amounting to ₹2,37,600.

Aryaman Financial Services Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Aryaman Capital Markets Ltd..

Refer to Khyati Global Ventures IPO RHP for detailed Information.

IPO Open

Fri, Oct 4, 2024

IPO Close

Tue, Oct 8, 2024

Issue Price

₹99 per share

Market Cap (Pre-IPO)

₹69.08 Cr

IPO Details

IPO Date4 to 8 Oct, 2024
Listed onFri, Oct 11, 2024
Face Value10 per share
Issue Price₹99 per share
Lot Size1,200 Shares
Sale TypeFresh capital cum OFS
Issue TypeFixed Price IPO
Listing AtBSE SME

Total Issue Size18,48,000 shares
(agg. up to ₹18 Cr)
Reserved for Market Maker
93,600 shares
(agg. up to ₹0.9266 Cr)
Aryaman Capital Markets Ltd.
Fresh Issue
(Ex Market Maker)
9,54,400 shares
(agg. up to ₹9 Cr)
Offer for Sale8,00,000 shares of ₹10
(agg. up to ₹8 Cr)
Net Offered to Public17,54,400 shares
(agg. up to ₹17 Cr)
Share Holding Pre Issue59,30,100 shares
Share Holding Post Issue69,78,100 shares
BSE Script Code 544270
ISININE0S9501014

IPO Timetable

Issue Reservation

Khyati Global Ventures IPO comprises a total issue size of 18,48,000 shares. The net offer to the public is 17,54,400 shares, after excluding 93,600 shares allotted on a firm basis. Of the Net offer 8,77,200 (50.00%) allocated to NII 8,77,200 (50.00%) allocated to RII.

Investor Category Shares Offered % of Net Issue% of Total Issue
NII (HNI) Shares Offered 8,77,20050.00%47.47%
Retail Shares Offered 8,77,20050.00%47.47%
Firm Reservations
Market Maker Shares Offered 93,6005.06%
Total Shares Offered 18,48,000100.00%100.00%

IPO Lot Size

Investors can bid for a minimum of 1,200 shares and in multiples thereof. 

Application Lots Shares Amount
Retail (Min) 1 1,200 ₹1,18,800
Retail (Max) 1 1,200 ₹1,18,800
HNI (Min) 2 2,400 ₹2,37,600
IPO Subscription Details

About Khyati Global Ventures Ltd.

Khyati Global Ventures Limited, formerly known as Khyati Advisory Services Limited, was incorporated in 1993 and is an exporter and repacker of a variety of FMCG products which include sub-categories of food, non-food FMCG products, household products, and festive handicrafts. The company also deals in pharmaceutical products.

The company's customers include wholesalers and importers of supermarkets operating a chain of supermarkets abroad. The company deals in globally recognized Indian brands such as Everest, Parle G, MDH, Fortune, Aashirvaad, Gowardhan, Balaji Wafers, Haldiram’s, Himalaya, Dove, Colgate, Unilever, Godrej, etc. as well as locally manufactured products. The company deals in basic items used by end consumers in their daily lives. The product portfolio includes:

  • Non-Food FMCG products
  • Food products
  • Pharmaceutical products
  • Festive, pooja and handicraft products
  • Household products

Competitive strengths:

  • Well-established infrastructure facilities: The company has four offices in Juhu, Maharastra. The company also has a warehouse in Navi Mumba, Maharashtra. The warehouse is spread over an area of 20,000 sq ft, which provides access to a huge area that facilitates the unloading of products from various vendors.
  • Diverse product range in the portfolio
  • Focus on export business: The company has exported foodstuffs, cosmetics, household products, pharmaceuticals, and handicraft products to more than 40 countries.
  • Experienced promoters and management team
  • Consistent financial performance: Based on the company's restated financial statements, the company's profit after tax (PAT) has increased from Rs. 149.66 lakhs in FY 2022 to Rs. 253.19 lakhs in FY 2024, representing a CAGR of 30.07%.

Company Financials (Restated)

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets49.1252.7634.5934.68
Total Income27.17104.6496.1793.63
Profit After Tax0.952.532.061.50
NET Worth17.7311.889.357.29
Reserves and Surplus11.806.718.066.00
Total Borrowing17.0817.6915.7514.15
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Funding Working capital requirements 7.45
2 General Corporate Purpose 1.75

Key Performance Indicator (KPI)

KPIJun 30, 2024
ROE25.58%
ROCE17.73%
Debt/Equity1.02
RoNW5.34%
PAT Margin3.53%
Price to Book Value3.31
Pre IPOPost IPO
EPS (₹)4.275.43
P/E (x)23.1918.24
Promoter Holding87.46%62.86%
Market Cap69.08 Cr.
Ramesh Rughani, Chandrika Rughani, Khyati Rughani, Aditi Raithatha and Hiren Raithatha are the company's promoters.
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2024 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of June 30, 2024 available in RHP.

IPO Review

[Dilip Davda]
The company is exporter of food products, FMCG products and other merchandise. It does re-packing of the items it deals in and depends on third party supply. The company posted steady growth in its top and bottom lines for the reported periods. Based on FY25 annualized super earnings, the issue appears fully priced. Its debt/EBITDA ratio above 11 raises concern and small post-IPO equity base indicates longer gestation for migration. There is no harm in skipping this “High Risk/Low Return” offer.
Read detail review...

Khyati Global Ventures IPO Recommendations

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Khyati Global Ventures IPO Subscription Status (Bidding Detail)

The Khyati Global Ventures IPO is subscribed 15.17 times on October 8, 2024 6:19:08 PM (Day 3). The public issue subscribed 25 times in the retail category, [.] times in the QIB category, and 5.34 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)Shares OfferedShares bid for
NII*5.348,77,20046,82,400
Retail258,77,2002,19,28,800
Total15.1717,54,4002,66,19,600

Total Application : 32,765

*Market Maker portion is not included to NII/HNI.

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 Issue Management fees including fees and payment to other intermediaries such as Legal Advisors, Registrars and other out of pocket expenses. 0.79
2 Underwriting Fees, Brokerage and selling commission 1.10
3 Printing & Stationery, Distribution, Postage, etc. 0.02
4 Advertisement and Marketing Expenses 0.02
5 Stock Exchange Fees, Regulatory and other Expenses 0.11

Listing Day Trading Information

Price DetailsBSE SME
Final Issue Price99.00
Open105.00
Low99.75
High105.00
Last Trade99.75

Check IPO Performance…

IPO Registrar

Bigshare Services Pvt.Ltd.

Contact Details

Khyati Global Ventures Ltd. Address
54 Juhu, Supreme Shopping Centre,
Gulmohar Cross Road no. 9,
JVPD Scheme, Juhu, Mumbai- 400049
Juhu, Maharashtra
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IPO FAQs

Khyati Global Ventures IPO is a SME IPO of 18,48,000 equity shares of the face value of ₹10 aggregating up to ₹18 Crores. The issue is priced at ₹99 per share. The minimum order quantity is 1200.

The IPO opens on Fri, Oct 4, 2024, and closes on Tue, Oct 8, 2024.

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

Zerodha customers can apply online in Khyati Global Ventures IPO using UPI as a payment gateway. Zerodha customers can apply in Khyati Global Ventures IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Khyati Global Ventures IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Khyati Global Ventures IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Khyati Global Ventures IPO opens on Fri, Oct 4, 2024 and closes on Tue, Oct 8, 2024.

Khyati Global Ventures IPO lot size is 1200, and the minimum amount required for application is ₹1,18,800.

You can apply in Khyati Global Ventures IPO online using either UPI or ASBA as a 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 applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Khyati Global Ventures IPO will be done on Wednesday, October 9, 2024, and the allotted shares will be credited to your demat account by Thu, Oct 10, 2024. Check the Khyati Global Ventures IPO allotment status.

The Khyati Global Ventures IPO listing date is on Fri, Oct 11, 2024.

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