Khyati Global Ventures Ltd: A Promising IPO in 2024
As the IPO market heats up in 2024, one company that has caught the attention of investors is Khyati Global Ventures Ltd. This upcoming IPO is set to offer exciting opportunities for those looking to diversify their portfolios. Here’s a detailed look at what makes Khyati Global Ventures Ltd’s IPO worth considering.
Company Overview
Khyati Global Ventures Ltd is a prominent player in the fast-moving consumer goods (FMCG) sector. The company specializes in exporting and repackaging a wide range of products, including food items, non-food FMCG products, household goods, festive handicrafts, and pharmaceuticals. Founded in 1993, the company has built a strong reputation for quality and reliability.
IPO Details
- IPO Dates: October 4, 2024, to October 8, 2024.
- Issue Price: ₹99 per share.
- Total Issue Size: 1,848,000 shares, aggregating up to ₹18.30 crores.
- Fresh Issue: 1,048,000 shares, aggregating up to ₹10.38 crores.
- Offer for Sale: 800,000 shares, aggregating up to ₹7.92 crores.
- Listing: The shares will be listed on the BSE SME.
- Lot Size: Minimum of 1200 shares.
Financial Performance
Khyati Global Ventures Ltd has shown consistent growth in its financial performance. The company’s revenue from operations increased from ₹91.89 crores in FY22 to ₹103.46 crores in FY24. Similarly, the profit after tax (PAT) has seen a steady rise from ₹1.50 crores in FY22 to ₹2.53 crores in FY24
Strengths and Opportunities
- Diverse Product Portfolio: The company’s wide range of products caters to various consumer needs, ensuring a steady demand.
- Strong Partnerships: Collaborations with well-known Indian brands like Everest, Parle G, MDH, and Haldiram’s enhance the company’s market presence.
- Technological Integration: The use of IT and operational management systems improves efficiency in procurement, sales, supply chain management, and inventory control.
- Growing Market: The FMCG sector continues to expand, providing ample growth opportunities for the company.
Risks and Considerations
- Market Competition: The FMCG sector is highly competitive, with numerous established players.
- Regulatory Changes: Changes in export-import regulations could impact the company’s operations.
- Economic Factors: Fluctuations in the economy can affect consumer spending and demand for FMCG products.
Conclusion
Khyati Global Ventures Ltd’s IPO presents a compelling opportunity for investors looking to tap into the growing FMCG sector. With a strong financial track record, diverse product offerings, and strategic partnerships, the company is well-positioned for future growth. However, potential investors should consider the risks and conduct thorough research before making investment decisions.
Are you considering investing in this IPO? What aspects of Khyati Global Ventures Ltd interest you the most?
