Garv Industries Limited IPO

Add to Calendar 2018-04-12 12:00 AM 2018-04-17 12:00 AM Asia/Kolkata Garv Industries Limited IPO Garv Industries Limited India

Garv Industries limited is involved in the business of multiproduct trading and distribution of a range of aluminum and textile products. Currently the company has around 10+ employees on its payroll.

Date of establishment: Garv Industries limited  was established in 2017.  

Product & Service Offering: Company has numerous aluminum products and textiles products for its customers and clients.

Promoters of Garv Industries limited: Mr. Rishu Agarwal, Mrs. Daya Bansal, and R S Services Private Limited (RSSPL) are the promoters of the company

Customer segment: The company offers its services to business and retail customers

Objects of the Issue: The Objects of the Issue is to raise funds for:
-      Maintaining the working capital requirements;
-      Funding expenditure for General Corporate Purposes

Company Financials:


For the year/period ended (in Rs. Lacs)








Total Assets







Total Revenue







Profit After Tax








Issue Detail

  • Issue Open: Apr 12, 2018
  • Issue Close: Apr 17, 2018
  • Issue Type: Fixed Price Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 10 Per Equity Share
  • Bid Lot:10000 Shares
  • Minimum Order Quantity:10000 Shares
  • Listing At: BSE SME
  • Issue Size: • Rs 3.20 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Shares Offered / Reserved 0 1,591,500 1,591,500 - 170,000 3,200,000
Day 1 - Apr 13, 2018IST 0 1,050,000 1,010,000 - - 2,060,000
Day 2 - Apr 16, 2018IST 0 1,500,000 1,550,000 - - 3,050,000
Day 3 - Apr 17, 2018IST 0 3,460,000 3,000,000 - - 6,460,000

Listing Day Trading Information

Issue Price Rs 10.00 -
Open Rs 10.00 -
Low Rs 10.00 -
High Rs 10.30 -
Last Trade Rs 10.00 -
Volume 880,000 -

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