Pavna Industries IPO Details
Pavna Industries IPO description – Pavna Industries is engaged in the business of manufacturing of automotive parts, providing solutions for automobile applications and serving automobile & other applications worldwide. The company’s focus is manufacturing quality & customer oriented components, catering to Original Equipment Manufacturers (OEM) & providing automotive after-market solutions.
The company’s manufacturing facilities are located in key auto-clusters in Aligarh (Uttar Pradesh), Aurangabad (Maharashtra), & Pantnagar (Uttarakhand). In terms of automotive segments, the company caters to customers in passenger vehicles, two-wheelers, three-wheelers, heavy and light commercial vehicles and off-road vehicles.
Promoters of Pavna Industries – Mr. Swapnil Jain and Mrs. Asha Jain
| Pavna Industries IPO details | |
| Subscription Dates | 24 February – 1 March 2021 |
| Price Band | INR165 per share |
| Fresh issue | 902,400 shares (INR14.89 crore) |
| Offer For Sale | 897,600 shares (INR14.81 crore) |
| Total IPO size | 1,800,000 shares (INR29.70 crore) |
| Minimum bid (lot size) | 800 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge SME platform |
|
Pavna Industries’ financial performance (in INR crore) |
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| Â | FY2018 | FY2019 | FY2020 | H1 FY2021 |
| Revenue | 106.78 | 137.98 | 136.31 | 51.72 |
| Expenses | 101.88 | 130.02 | 128.85 | 51.26 |
| Net income | 3.24 | 5.86 | 4.08 | 0.27 |
| Profit margin (%) | 3.0 | 4.2 | 3.0 | 0.5 |
Registrar of Pavna Industries IPO
Link Intime India Private Limited
C-101, 1st Floor, 247 Park
Lal Bahadur Shastri Marg,
Vikhroli (West) Mumbai – 400 083
Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: [email protected]
Website:Â http://www.linkintime.co.in
Valuation of Pavna Industries IPO (FY2020)
Earnings Per Share (EPS): INR8.87
Price/Earnings (PE ratio): 20.7
Return on Net Worth (RONW): 16.06%
Net Asset Value (NAV): INR51.57 per share
Pavna Industries IPO Subscription Details
| Day | Subscription (no. of times) |
| Day 1 |
0.56 |
| Day 2 |
0.76 |
| Day 3 |
1.14 |
| Day 4 |
1.41 |
Pavna Industries Contact Details
Pavna Industries Limited
Vimlanchal, Hari Nagar,
Aligarh, Uttar Pradesh – 202001
Phone: +91 8006409332
Email: [email protected]
Website: www.pavnagroup.com
Pavna Industries IPO Allotment Status
Pavna Industries IPO allotment status is now available on Link Intime’s website. Click on this link to get allotment status.Â
Listing Performance of Pavna Industries
IPO Opening Date: 24 February 2021
IPO Closing Date: 1 March 2021
Finalisation of Basis of Allotment: 4 March 2021
Initiation of refunds: 5 March 2021
Transfer of shares to demat accounts: 8 March 2021
Listing Date: 9 March 2021
Opening Price on NSE SME: To be updatedÂ
Closing Price on NSE SME: To be updated
good or bad wait and see