Khyati Global Ventures, an esteemed 2-Star Export House based in Mumbai, India, has made significant strides in the food export sector. Specializing in a diverse array of Indian food products such as pulses, snacks, spices, and ready-to-eat meals, KGVL caters to a global market, meeting the growing demand for authentic Indian cuisine.

The company is gearing up for a Fixed Price Issue amounting to ₹18.29 Crores, which comprises a Fresh Issue of 10.48 Lakh Shares valued at ₹10.37 Crores, alongside an Offer for Sale of 8.00 Lakh Shares totaling ₹7.92 Crores. The subscription period for the Khyati Global IPO opens on October 04, 2024, and closes on October 08, 2024. Allotment is anticipated to be finalized on or about October 9, 2024, with shares expected to list on the BSE SME around October 11, 2024.

The share price band for the Khyati Global IPO is set at ₹99 per equity share, with a minimum lot size of 1,200 shares. This means retail investors will need to invest a minimum of ₹1,18,800, while High-Net-Worth Individuals (HNIs) must invest in at least 2 lots (1,400 shares), amounting to ₹2,37,600.

ARYAMAN FINANCIAL SERVICES LIMITED serves as the book-running lead manager, while BIGSHARE SERVICES PRIVATE LIMITED acts as the registrar for this IPO. Additionally, Aryaman Capital Markets Limited functions as the sole market maker for Khyati Global.

Khyati Global Ventures Limited IPO GMP Today

Currently, the Grey Market Premium (GMP) for Khyati Global Ventures is expected to be ₹0, reflecting the company’s financial performance. It’s important to note that Grey Market Premium does not guarantee price discovery before the listing on the stock exchange, and trading based on GMP is not advisable. This information is shared for educational and informational purposes only.

Khyati Global Ventures Limited IPO Live Subscription Status Today

As of 10:30 AM on October 08, 2024, the live subscription status for Khyati Global Ventures shows that the IPO has been subscribed 9.40 times on its third day of the subscription period. For real-time updates, check the Khyati Global Ventures Limited IPO live subscription status on the BSE.

Khyati Global Ventures Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online

The allotment date for Khyati Global Ventures is set for October 09, 2024. Investors can easily check their allotment status by following these steps:

Visit the IPO allotment status page.

Select Khyati Global Ventures Limited IPO from the dropdown list.

Enter your application number, PAN, or DP Client ID.

Submit the details to view your allotment status.

This straightforward process allows investors to quickly determine their allotment status and make informed decisions regarding their investments.

Objectives of Khyati Global Ventures Limited IPO

The proceeds from the Fresh Issue will be allocated towards the following objectives:

₹745.00 Lakhs will be utilized for funding working capital requirements.

₹175.36 Lakhs will be directed towards general corporate purposes.

Khyati Global Ventures IPO Review

Led by a team of experienced promoters—Ramesh Rughani, Chandrika Rughani, Khyati Rughani, Aditi Raithatha, and Hiren Raithatha—Khyati Global Ventures demonstrates a solid financial foundation. The company reported revenues of ₹10,464.09 Lakhs, ₹9,617.14 Lakhs, and ₹9,362.70 Lakhs for fiscal years 2024, 2023, and 2022, respectively. Their EBITDA figures stood at ₹514.55 Lakhs, ₹413.65 Lakhs, and ₹377.28 Lakhs for the same periods, indicating a steady growth trajectory.

For potential investors, the Khyati Global Ventures IPO is priced with a pre-issue EPS of ₹4.89 and a post-issue EPS of ₹3.62. The pre-issue P/E ratio is 20.24x, while the post-issue P/E ratio stands at 27.34x. The company’s Return on Capital Employed (ROCE) for FY24 is 17.73%, and Return on Equity (RoAE) is 25.58%, suggesting that the IPO is fairly priced within the market.

Despite a Grey Market Premium (GMP) indicating potential listing gains of 0%, it’s crucial to analyze these metrics carefully. Given the financial performance and the IPO valuation, our recommendation for investors is to avoid the Khyati Global Ventures Limited IPO for short-term gains or long-term investments.

In summary, Khyati Global Ventures presents an opportunity within the Indian food product export sector, but potential investors should weigh the IPO's metrics and performance against their investment goals. For more insights, consider checking the latest updates on Best IPOs and Top News Headlines for a broader market perspective.

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