Pavana industries SME IPO Details, GMP , Review
Published: 22nd February 2021
Pavna Industries is started in 1971 By Pawan Jain, It has engaged in the business of manufacturing of automotive parts, providing solutions for automobile applications and serving automobile & other applications worldwide.
The company’s focus is manufacturing quality & customer oriented components, catering to Original Equipment Manufacturers (OEM) & providing automotive after-market solutions.
Upcoming IPO :- Party Cruisers IPO Details
The company’s manufacturing facilities are located in Aligarh (Uttar Pradesh), Aurangabad (Maharashtra), & Pantnagar (Uttarakhand).
The Company has strong clint base in two whiler and three whiler segment (Honda, Eicer , Bajaj, Kawasaki, Force, Atul Auto) and export to Italy, Sri Lanka, Indonesia and Sudan.
Promoters of Pavna Industries – Mr. Swapnil Jain and Mrs. Asha Jain
Pavna Industries IPO details
Subscription Dates | 24 February-1 March 2021 |
Price Band | INR165 per share |
Fresh issue | 902,400 shares (INR14.89 crore) |
Offer For Sale | 897,600 shares (INR14.81 crore) |
Total IPO size | 1,800,000 shares (INR29.70 crore) |
Minimum bid (lot size) | 800 shares |
Face Value | INR10 per share |
Retail Allocation | 50% |
Listing On | NSE Emerge SME platform |
Registrar of Pavna Industries IPO
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1 Floor, 247 Park, L.B.S. Marg,
Vikhroli (West), Mumbai, Maharashtra – 400083.
Tel: +91 22 4918 6200
Email: [email protected]
Website: www.linkintime.co.in
Investor Grievance Email: [email protected]
Contact Person: Shanti Gopalkrishnan
SEBI Registration No.: INR000004058
Contact Details Pavna Industries Limited
Vimlanchal, Hari Nagar,
Aligarh, Uttar Pradesh – 202001
Phone: +91 8006409332
Email: [email protected]
Website: www.pavnagroup.com
Author: Main-IPO
Category: SME IPO