Wednesday, September 26, 2018

Parin Furniture IPO Dates Review, Price Band, Allotment & Market Lot

 Wednesday, September 26, 2018  
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Parin Furniture Limited is incorporated in 2006 based in Gujarat. They are in furniture business. They provides wide range of furniture and lifestyle products. They provide furniture for homes, offices and other institutes. They have flagship stores in Ahmedabad, Rajkot and Mumbai with 900 dealers associated with them. They also have warehouses in 4 cities. They entered into franchisee business in cities like Junagadh, Mehsana and Hyderabad. They have over 135 employees on payroll. Parin Furniture ipo is starting from 26-September and ends on 28-September. The price band is around Rs.60-63 with 2000 market lot. The ipo size is around 18.90 crore rupees.

IPO Review:
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Parin Furniture IPO Dates & Price Band:
  • IPO Open: 26-September-2018
  • IPO Close: 28-September-2018
  • IPO Size: Approx Rs 18.90 Crore
  • Face Value: Rs.10 Per Equity Share
  • Price Band: Rs.60-63 Per Equity Share
  • Listing on: NSE SME
  • Shares: 3,000,000
  • Retail Portion: 50%
IPO Market Lot:
  • Shares: Apply for 2,000 Shares (Minimum Lot Size)
  • Amount: Rs.1,26,000
IPO Allotment & Listing:
  • Basis of Allotment: 04-October-2018
  • Refunds: 05-October-2018
  • Credit to demat accounts: 05-October-2018
  • Listing: 09-October-2018
Financial Results:
  Rs. in Crore
Revenue Expense PAT
2014 30.0 27.6 0.61
2015 28.8 26.2 0.28
2016 61.8 56.9 1.02
2017 59.9 54.1 1.36
2018 64.6 57.4 2.62
Parin Furniture IPO Important Links:
Company Promoters:
  • Mr. Umesh Dhirajlal Nandani
  • Mr. Deven Dipesh Nandani
  • Mr. Parin Umeshbhai Nandani
Quick Links:
Draft Red Herring Prospectus
Red Herring Prospectus

IPO Registrar:
Karvy Computershare Private Limited
Phone: +91 40 6716 2222
Fax: +91 40 2343 1551
Email: [email protected]
Website: www.karvycomputershare.com

IPO Lead Managers:
  • Hem Securities Limited
Company Address:
Parin Furniture Limited
Plot No. 6, Revenue Survey No. 149
National Highway,at Vavdi, Gondal Road
Rajkot, Gujarat – 360 004
Phone: +91 281 3300777
Email: [email protected]
Website: www.parinfurniture.com

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