Khyati Global Ventures Limited (KGVL) is a distinguished 2-Star Export House located in Mumbai, India. The company is renowned for its extensive range of food products, including ready-to-eat meals, snacks, spices, and various Indian delicacies. As an exporter, KGVL is committed to delivering authentic Indian flavors worldwide, capitalizing on the growing demand for Indian cuisine.

IPO Overview

The Khyati Global Ventures IPO is a Fixed Price Issue totaling ₹18.29 crores. The offer consists of a Fresh Issue of 10.48 lakh shares worth ₹10.37 crores and an Offer for Sale of 8.00 lakh shares amounting to ₹7.92 crores. The subscription period is set to open on October 4, 2024, and close on October 8, 2024. The expected allotment date is October 9, 2024, with shares anticipated to list on the BSE SME platform by October 11, 2024.

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

The book-running lead manager for the IPO is ARYAMAN FINANCIAL SERVICES LIMITED, and the registrar is BIGSHARE SERVICES PRIVATE LIMITED. Aryaman Capital Markets Limited acts as the sole market maker for Khyati Global Ventures.

Grey Market Premium and Subscription Status

As of October 4, 2024, at 06:30 PM, the Grey Market Premium (GMP) for Khyati Global Ventures IPO is reported at ₹0. The GMP reflects market demand and supply dynamics but should be interpreted cautiously, as no actual trading occurs based on it.

The live subscription status indicates that the IPO was subscribed 2.7 times on its first day, signaling robust interest among investors.

Allotment Status and How to Check

The allotment date is scheduled for October 9, 2024. To check the allotment status:

Go to the IPO allotment status page.

Select Khyati Global Ventures Limited IPO from the dropdown.

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

Submit the information to view your allotment status.

This streamlined process allows investors to quickly check their status and plan their next steps.

Financial Performance

Khyati Global Ventures has demonstrated consistent financial growth over recent fiscal years:

Revenue:

FY24: ₹10,464.09 lakhs

FY23: ₹9,617.14 lakhs

FY22: ₹9,362.70 lakhs

EBITDA:

FY24: ₹514.55 lakhs

FY23: ₹413.65 lakhs

FY22: ₹377.28 lakhs

Profit After Tax (PAT):

FY24: ₹253.19 lakhs

FY23: ₹205.66 lakhs

FY22: ₹149.66 lakhs

These figures underscore the company’s ability to grow its revenue while maintaining profitability. For the IPO, the pre-issue Earnings Per Share (EPS) is ₹4.89, while the post-issue EPS is projected at ₹3.62. The pre-issue P/E ratio stands at 20.24x, with a post-issue P/E ratio of 27.34x. Furthermore, the company's Return on Capital Employed (ROCE) for FY24 is 17.73%, and the Return on Equity (RoAE) is 25.58%, indicating a well-valued IPO opportunity.

IPO Objectives

The proceeds from the Fresh Issue will be allocated for:

Funding Working Capital Requirements: ₹745.00 lakhs

General Corporate Purposes: ₹175.36 lakhs

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The current active IPO is  Khyati Global Ventures Limited IPO .

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