
Industrials / Automotive · NSE
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.
Price Band
₹165
Issue Size
₹30.00 Cr
Lot Size
800 shares
GMP
Est. Listing
₹165
at current GMP
Subscribed
—
Open
24 Feb 2021
Close
1 Mar 2021
Allotment
4 Mar 2021
Refund
5 Mar 2021
Demat Credit
6 Mar 2021
Listing
9 Mar 2021
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 909,091 | — | 0.00x |
| Non-Institutional (NII / HNI) | 272,727 | — | 0.00x |
| Retail Individual (RII) | 636,364 | — | 0.00x |
| Total | 1,818,182 | 0 | 0.00x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 795 | 795 | 1.00x |
| HNIs (10L +) | 5 | 5 | 1.00x |
| HNIs (2-10L) | 24 | 24 | 1.00x |
| Total Applications | 824 | 824 | 1.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Pavna Industries Limited is bringing an initial public offering (IPO) in the Industrials / Automotive sector with an aggregate issue size of ₹30 Crores. The shares are offered at a price band of ₹165 to ₹165 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 800 shares (approx. ₹1,32,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2021-03-06, while un-allotted funds or UPI block mandates will be released on 2021-03-05.
Currently, Pavna Industries Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹165 to ₹165 per equity share.
The retail lot size is 800 shares requiring a minimum application amount of ₹1,32,000. Expected listing price is ₹165 per equity share.
The Pavna Industries Limited IPO aggregate issue size is ₹30 Crores with an equity price band set at ₹165 to ₹165 per equity share. The retail lot size is 800 shares requiring a minimum capital outlay of approx. ₹1,32,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2021-03-04. Investors can verify status using PAN card or application number.
Pavna Industries Limited shares are scheduled to list on NSE on 2021-03-09.