Pavna Industries Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
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Pavna Industries Limited's achieved publicly listed status following its IPO debut on Mar 09, 2021 at the NSE platform. The offering successfully mobilized 18,00,000 Shares, with 8,06,400 Shares allocated to corporate growth initiatives and ₹15.00 Cr providing liquidity to existing shareholders.
Investment participation occurred within the established price band of ₹165 to ₹165, starting from minimum lots of 800 shares. The subscription window from Feb 24, 2021 through Mar 01, 2021 enabled investor participation across market segments.
Share allocation was completed on Mar 04, 2021, determining ownership distribution among successful applicants. The listing represents a milestone achievement, transitioning the company to regulated public market status with associated responsibilities and opportunities.
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 1994, Pavna Industries manufactures a wide range of automotive components and solutions for OEMs and the aftermarket, serving passenger vehicles, 2-wheelers, 3-wheelers, commercial vehicles, and off-road vehicles. Its product portfolio includes ignition switches, latches, fuel tank caps, auto locks, handles, switches, carburetors, oil pumps, throttle bodies, casting components, filters, bearings, wiper blades, clutch plates, and brake shoes. The company operates three ISO- and IATF-certified manufacturing plants in Aligarh, Aurangabad, and Pantnagar.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Experienced Leadership: Promoters supported by a skilled managerial team.
- Established Manufacturing: Well-developed production capacity.
- Diversified Portfolio: Offers a wide range of products.
- Strong Financials: Consistent track record of financial performance.
- In-House Design & R&D: Capabilities in product development and technical collaborations.
NA
- Mr. Swapnil jain
- Mrs. Asha Jaina
Pavna Industries Limited
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