Friday, November 10, 2017

Sanghvi Brands SME IPO Price Band, Market Lot & Dates Details

Sanghvi Brands Ltd incorporated in 2010. They have fitness brands, luxury spa, beauty and wellness brands as well. They are operating in India. They have few premium international brands like Spa by Clarins, Spa by L'Occitane, Levo, Rosanno Ferretti, TAOS Salon, Ramona Braganza’s 3-2-1 Fitness programme and more. They have good business flow and one can expect a listing gain for the ipo. The ipo size is 18.96 crore and hitting the market on November 10 for subscription.

IPO Review:
  • Apply for Listing Gain
Sanghvi Brands IPO Dates & Price Band:
  • IPO Open: 10 November 2017
  • IPO Close: 14 November 2017
  • IPO Size: Approx Rs 18.96 Crore
  • Face Value: Rs.10 Per Equity Share
  • Price Band: Rs 69 Per Equity Share
  • Listing on: BSE SME
  • Shares: 27,48,000
  • Retail Portion: 
IPO Market Lot:
  • Shares: Apply for 2,000 Shares (Minimum Lot Size)
  • Amount: Rs.1,38,000
Grey Market Premium:
  • The grey market is around N/A Subject to Sauda.
Sanghvi Brands IPO Subscription Status:
  • IPO Subscribed 2.44 times overall
Sanghvi Brands IPO Allotment Status:
Company Promoters:
  • Darpan Narendra Sanghvi
Quick Links:
Red Herring Prospectus

IPO Registrar:
Bigshare Services Pvt. Ltd
Phone: 91-22-40430200
Fax: 91-22-2847 5207
IPO Lead Managers:
  • Sarthi Capital Advisors Private Limited
Company Address:
Sanghvi Brands Ltd
Sanghvi House, 105/2 Shivaji Nagar, Pune - 411005
Phone: 020730533084