Khyati Global Ventures IPO - AstroIPO

Khyati Global Ventures IPO


September 30, 2024 Written By Mihir Gohel, Reviewed and Fact Checked by Harpal Parmar

Khyati Global Ventures Ltd. (KGV) is preparing to enter the public market with its upcoming initial public offering (IPO). As a trading company, KGV is set to launch a fixed price issue from October 4-8, 2024, offering 26.48 lakh shares at ₹99 per share.

The company aims to raise ₹26.22 crore through this IPO. Each share has a face value of ₹10. Investors can apply for a minimum of 1,200 shares, with retail investors allowed to bid for up to ₹5 lakh worth of shares.

KGV’s promoter group includes Khyati Rughani, Ramesh Rughani, Aditi Raithatha, Chandrika Rughani, and Hiren Raithatha. A notable aspect of this IPO is that the promoter holding will remain at 100% both before and after the offering, which is uncommon in public issues.

Currently, KGV has 59.30 lakh outstanding shares. Post-IPO, this number will increase to 69.80 lakh, with 18.50 lakh new shares being offered to the public.

The IPO is being managed by Aryaman Financial Services Ltd., while Bigshare Services Pvt Ltd is acting as the registrar. Upon completion of the IPO process, KGV’s shares are expected to list on the BSE.

Khyati Global Ventures IPO Details

IPO Size ₹26.22 Cr
Price Range ₹99
Retail Quota 50%
QIB Quota --
NII Quota 50%
Employee Discount --
Listing at BSE
Minimum Quantity 1200
Investment (cut-off price) ₹118,800
Pre IPO Promotor Holding 87.46%
Post IPO Promotor Holding 62.86%
DHRP Draft Click Here
RHP Draft Click Here
Anchor Investors List Click Here

Khyati Global Ventures IPO Timelines

04/10/2024
Start Date
08/10/2024
End Date
09/10/2024
Allotment Date View Status
10/10/2024
Refund Initiation
10/10/2024
Credit of Shares to Demat Ac
11/10/2024
Listing Date

Khyati Global Ventures IPO Lot Size

Application Lot Size Shares Amount
Retail Minimum 1 1200 ₹118,800
Retail Maximum 1 1200 ₹118,800
HNI Minimum 2 2400 ₹237,600

Khyati Global Ventures IPO Subscription Status

QIB NII Retail EMP Total
-- 5.34x 25.00x -- 15.17x

IPO Performance on Listing Day

Opening Price Closing Price Day High Day Low
₹105 ₹99.75 ₹105 ₹99.75

Khyati Global Ventures IPO Company Financials

Year Total Income Total Expense PAT
FY 2022 ₹93.63 ₹91.68 ₹1.50
FY 2023 ₹96.17 ₹93.42 ₹2.06
FY 2024 ₹104.64 ₹101.12 ₹2.53
FY 2025 (2M) ₹27.17 ₹25.92 ₹0.95

About Company

Khyati Global Ventures Limited, originally incorporated as Khyati Advisory Services Limited in 1993, has undergone several name changes and corporate transformations, culminating in its current designation in April 2024. The company specializes in exporting and repackaging fast-moving consumer goods (FMCG), including food, household items, and pharmaceuticals. Major clients include wholesalers and supermarket chains across over 40 countries.

The firm sources products directly from manufacturers and vendors, offering private label services as requested. Local staples like flour and spices are purchased in bulk for repackaging. Khyati Global Ventures aims to enhance its market presence through an IPO while focusing on capital expenditures and working capital needs, ensuring a diverse product portfolio for everyday consumer use. The company’s commitment to quality and customer service has established it as a reliable player in the FMCG sector, catering to the needs of both domestic and international markets.

Incorporation Date Sector Managing Director
1993 FMCG Hiren Raithatha

Know Before Investing

Khyati Global Ventures IPO Strengths

  • The portfolio features a diverse range of products.
  • The company is led by an experienced team of promoters and management.
  • There is a strong emphasis on the export business.
  • Operations are supported by well-established infrastructure facilities.

Khyati Global Ventures IPO Risks

  • Potential conflicts of interest may arise with promoter group entities engaged in similar lines of business.
  • The company requires various approvals and licenses to operate and must comply with applicable regulations; failure to obtain or renew these in a timely manner could adversely affect operations.
  • A majority of revenue is derived from product exports, and loss of foreign orders or changes in requirements could materially impact business, financial condition, and operational results.

Swot Analysis for Khyati Global Ventures IPO

Strengths

Weaknesses

Opportunities

Threats

Company Details

Khyati Global Ventures Limited

54 Juhu, Supreme Shopping Centre,
Gulmohar Cross Road no. 9,
JVPD Scheme, Juhu, Mumbai- 400049

Phone: +91 22-26255959

Email: info@kgv.co.in

Website: http://www.kgv.co.in/

IPO Registar Details

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Email: ipo@bigshareonline.com

Website: https://ipo.bigshareonline.com/ipo_status.html

FAQs

The key objectives of Khyati Global Ventures IPO are:

  • Funding Working capital requirements; and
  • General Corporate Purpose.

Aryaman Financial Services Limited is the book-running lead managers for the Khyati Global Ventures IPO.

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