Parshva Enterprises Limited
IPO Details
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Lot Distribution
Reservation
Company Fin.
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Following its successful public offering, Parshva Enterprises Limited's made its market debut on Jul 01, 2019 and is now actively traded on the BSEplatform. The IPO mobilized 8,10,000 Shares in total capital, including TBD in primary equity infusion.
The offering was structured with a price band of ₹45 to ₹45 and minimum investment lots of 3000 shares. Investor participation during the subscription window from Jun 19, 2019 to Jun 21, 2019 demonstrated market confidence in the company's prospects.
The allotment process concluded on Jun 27, 2019, allocating shares to successful bidders. The listing represents the culmination of the IPO process, transitioning the company to publicly traded status with enhanced transparency and governance standards.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 2017, Mumbai-based Parshva Enterprises Limited is engaged in the trading and wholesale business of cut and polished diamonds as well as gold jewellery. The company deals in diamonds of various categories based on fancy colour, size, shape, and cut, including princess-cut and heart-cut, with pricing determined by the quality of the cut; some diamonds are GIA certified. In the gold jewellery segment, it sells necklaces, bangles, earrings, pendants, and chains, both studded and non-studded with stones, diamonds, and pearls, catering primarily to domestic clients. Besides its core business, Parshva Enterprises also invests in real estate properties in Gujarat and Mumbai, generating trading gains, and operates in real estate broking, facilitating the buying and selling of apartments and properties.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Diverse Product Range: Offers multiple products across categories.
- High-Quality Products: Focus on superior quality offerings.
- Market-Specific Products: Tailored products to meet specific market needs.
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- Mr. Prashant A Vora
Parshva Enterprises Limited
Bigshare Services Private Limited