Pavana industries SME IPO Details, GMP , Review

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

Details :- https://pavnagroup.com/investor/PIL_Prospectus.pdf

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

Leave a Reply

Your email address will not be published. Required fields are marked *