Khyati Global Ventures Ltd. was incorporated on May 10, 1993. The company specialises in exporting and re-packaging a diverse range of FMCG products, including edible & non-edible goods, household essentials, festive handicrafts, and pharmaceuticals. It purchases products directly from manufacturers, while the rest are sourced from vendors specialising in those products. The firm also offers private label facilities for products as requested by their customers
| Bidding Dates |
|---|
| 04 Oct 2024 - 08 Oct 2024 |
| Subscription |
|---|
| 14.46x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,18,800 | 1 | 1 | 1200 | 1.8 M | ₹99 | 62.86 % | ₹183.0 M | RHP DOC |
Khyati Global Ventures Ltd. IPO SUBSCRIPTION STATUS
08 Oct '24Khyati Global Ventures Ltd. IPO overall subscription rate was 14.46 times the total available shares
Khyati Global Ventures Ltd. IPO retail subscription rate was 23.73 times in the retail segment
Khyati Global Ventures Ltd. IPO non-institutional investor subscription rate was 5.18 times in the non-institutional investor category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
08 Oct 2024 (Day 3) | 23.73x | 5.18x | - |
07 Oct 2024 (Day 2) | 13.19x | 2.96x | - |
04 Oct 2024 (Day 1) | 3.84x | 1.59x | - |
Khyati Global Ventures Ltd. FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from Operations (Rs in millions) | Cash Flow from Operations (Rs in millions) | Free Cash Flow (Rs in millions) | Margins |
| Q1FY25 | 9.5 | 267.9 | -48.0 | -48.4 | 6.0% |
| FY24 | 25.3 | 1,034.6 | -12.8 | -13.0 | 5.0% |
| FY23 | 20.6 | 938.9 | -3.1 | -4.6 | 4.4% |
| FY22 | 15.0 | 919.0 | 3.2 | -3.3 | 4.1% |
Khyati Global Ventures Ltd. IPO SUBSCRIPTION STATUS DETAILS
Khyati Global Ventures Ltd. had 1.8 M shares on offer
Khyati Global Ventures Ltd. IPO offer price was ₹99
Khyati Global Ventures Ltd. IPO minimum Investment was ₹118800
Khyati Global Ventures Ltd. IPO issue size was ₹ 183.0 M
Khyati Global Ventures Ltd. had a minimum lot size of 1200 Shares per application
Khyati Global Ventures Ltd. NUMBER OF SHARES ON OFFER
Khyati Global Ventures Ltd. IPO IMPORTANT DATES
| Issue Open Date | 04 Oct 2024 |
| Issue close Date | 08 Oct 2024 |
| Allotment Date | 09 Oct 2024 |
| Refund Date | 10 Oct 2024 |
| Demat Account Credit Date | 10 Oct 2024 |
| Listing Date | 11 Oct 2024 |
| Listing on Exchange(s) | BSE |
| Khyati Global Ventures Ltd. Allotment Status | Exchange |
Khyati Global Ventures Ltd. IPO subscription opened on 04 Oct 2024, and closed on 08 Oct 2024
IPO allotment for Khyati Global Ventures Ltd. was finalized on Wednesday, 09 Oct 2024
IPO listing for Khyati Global Ventures Ltd. was on BSE on Friday, 11 Oct 2024
Khyati Global Ventures Ltd. IPO LISTING GAINS
| Issue Price (adjusted) | 99.0 |
| Listing Open Price | 105.0 |
| Listing Close Price | 99.8 |
| Listing Gain% | 6.1% |
| Current Gain% | -47.9% |
Khyati Global Ventures Ltd. Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Khyati Global Ventures Ltd. | 51.6 | 36 | 5.8 | 0.2 | 0.2 | 16.9 | 6.2 | 150.2 | 23.9 | 6.2 | 30.8 | 8.9 | 30.8 |
| Sagility Ltd. | 43.7 | 20443.4 | 20.6 | 0.4 | 2.7 | 9.6 | 7.3 | 7290.8 | 29.6 | 924.8 | 71.5 | 2.1 | 49.2 |
| International Gemological Institute Ltd. | 355.8 | 15376.2 | 25.2 | 1 | 11.3 | 47.8 | 38.3 | 1661.9 | 52.7 | 711.2 | 66.4 | 14.1 | 24.3 |
| Indiabulls Ltd. | 29.4 | 6855.8 | 16.4 | 0 | 6.2 | 8.9 | 6.6 | 880.8 | 172602 | 273.9 | 501.6 | 1.8 | 739.2 |
| SIS Ltd. | 435 | 6146.2 | 41.9 | 0.2 | 0.4 | 5.4 | 1.8 | 16030.1 | 20.9 | 137.8 | 1069.1 | 10.4 | 261.6 |
| eMudhra Ltd. | 538.8 | 4462.3 | 38.8 | 1.5 | 6 | 11.8 | 8.9 | 713.2 | 35.1 | 107.8 | 27.4 | 13.9 | 25.5 |
Khyati Global Ventures Ltd. INFORMATION ON IPO ISSUE
About Khyati Global Ventures Ltd.
Khyati Global Ventures Ltd. was incorporated on May 10, 1993. The company specialises in exporting and re-packaging a diverse range of FMCG products, including edible & non-edible goods, household essentials, festive handicrafts, and pharmaceuticals. It purchases products directly from manufacturers, while the rest are sourced from vendors specialising in those products. The firm also offers private label facilities for products as requested by their customers
Object of the Issue
- Funding working capital requirements
- General corporate purposes
Khyati Global Ventures Ltd. - PROMOTERS
| Name |
|---|
| Ramesh Rughani |
| Chandrika Rughani |
| Khyati Rughani |
| Aditi Raithatha |
| Hiren Raithatha |
Khyati Global Ventures Ltd. Lead Manager of the Issue
Aryaman Financial Services Limited
ipo@afsl.co.in
Khyati Global Ventures Ltd. Registrar to the issue
Bigshare Services Private Limited
ipo@bigshareonline.com
Khyati Global Ventures Ltd. Strengths
Product portfolio
The company handles a variety of products in food, non-food FMCG, pharmaceuticals, household items, and handicrafts. They work with Indian brands like Everest, Parle G, and Haldiram’s, and offer private-label options as required by customers
Experienced management team
The company's promoters have over three decades of experience in the export business. They are supported by a well-educated and experienced professional management team. This team’s collective expertise enables the company to understand and anticipate market trends, manage business operations and growth, leverage customer relationships, and respond to changes in customer preferences
Khyati Global Ventures Ltd. Risks
Approvals & licenses
The company requires specific approvals and licenses to operate its business and must comply with various rules and regulations. Failure to obtain or renew these on time could negatively impact the operations
Dependant on export business
The company generates most of its revenue from product exports. Loss of foreign orders or changes in requirements could significantly impact its business and financial condition
Foreign exchange
The company deals with customers in foreign currency, which exposes them to fluctuations that influence their results of operations. For the periods ending June 30, 2024, and in FY24, FY23, and FY22, export revenue stood at Rs 2,578.71 lakh, Rs 9,195.94 lakh, Rs 8,229.35 lakh, and Rs 8,567.12 lakh, making up 91.3%, 90.5%, 88.7%, and 94.8% of the total revenue, respectively
IPO FAQs
This IPO consists of an offer for sale of up to Rs 7.9 crore, of 800,000 shares. It also consists of a fresh issue of Rs 10.4 crore.
The promoters of the company are Ramesh Rughani, Chandrika Rughani, Khyati Rughani, Aditi Raithatha and Hiren Raithatha.
The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
The price band of the IPO is Rs 99.0 - 99.0.
The IPO application opens on Oct 04, 2024 and closes on Oct 08, 2024.
The minimum lot size for the IPO is 1200. The maximum lot size for the IPO is 1200.
For all category investors, the minimum application amount for this IPO is Rs. 118,800.0, the maximum value for this IPO is Rs 118,800.0.
This IPO will be allotted on Oct 09, 2024.
The refund will be credited to your account on Oct 10, 2024.
The allotted shares will be credited to your demat on Oct 10, 2024.
Khyati Global Ventures Ltd.’s shares listed on the stock exchanges on Oct 11, 2024.