Khyati Global Ventures IPO: Check Key Details, Competitive Edge and all other details

Khyati Global Ventures Limited is all set to launch its SME IPO, opening doors for investors to participate in its journey as a prominent exporter and repacker of a diverse range of FMCG products. This IPO comes at a crucial time for the company, as it aims to further expand its business and strengthen its financial footing. Here's everything you need to know about the Khyati Global Ventures IPO, including important dates, company background, financials, and more.

Khyati Global Ventures IPO Key Details

• IPO Opening Date: October 4, 2024
• IPO Closing Date: October 8, 2024
• Allotment Finalization Date: October 9, 2024
• Listing Date: October 11, 2024 (BSE SME)
• IPO Price: ₹99 per share
• Minimum Lot Size: 1200 shares
• Minimum Retail Investment: ₹118,800
• Minimum HNI Investment: ₹237,600 (2 lots, 2400 shares)
• Issue Size: ₹18.30 crore (Fresh Issue of 10.48 lakh shares, aggregating to ₹10.38 crore, and Offer for Sale of 8 lakh shares, aggregating to ₹7.92 crore)

About Khyati Global Ventures Limited

Incorporated in 1993, Khyati Global Ventures Limited, formerly known as Khyati Advisory Services Limited, has evolved into an established exporter and repacker of a variety of FMCG products. The company has a well-diversified portfolio, which includes food, non-food FMCG products, pharmaceutical products, and festive handicrafts. These products are repacked and exported to over 40 countries, with an impressive list of clients ranging from wholesalers to supermarket chains.

The company deals with globally recognized Indian brands such as Everest, Parle G, MDH, Fortune, Aashirvaad, Gowardhan, Balaji Wafers, Haldiram’s, Himalaya, Dove, Colgate, Unilever, and Godrej, among others. The diverse range of products includes:

• Food Products
• Non-Food FMCG Products
• Pharmaceuticals
• Household Goods
• Festive, Pooja, and Handicraft Items

Competitive Strengths

1. Established Infrastructure: The company operates from four offices in Juhu, Maharashtra, and maintains a large warehouse in Navi Mumbai, spread over 20,000 sq ft.
2. Diverse Product Range: Khyati Global’s extensive portfolio provides resilience and growth opportunities.
3. Strong Export Focus: The company has established a solid foothold in international markets, exporting products to over 40 countries.
4. Experienced Management: The team’s expertise and strategic vision have played a key role in the company's success.
5. Consistent Financial Growth: The company has shown consistent growth in both revenue and profit over the years, demonstrating sound financial management.

Khyati Global Ventures Financial Performance

Khyati Global Ventures has shown steady growth over the past few years. The company’s revenue increased by 9% between FY 2023 and FY 2024, while its profit after tax (PAT) rose by 23% during the same period.

Objects of the Issue

Khyati Global Ventures intends to use the proceeds from the fresh issue to:

• Fund working capital requirements: Expanding operations requires additional capital for day-to-day operations.
• General corporate purposes: To strengthen the company's balance sheet and ensure smooth business operations.

Conclusion

Khyati Global Ventures Limited presents an intriguing opportunity for investors looking to tap into the FMCG export market. With a well-established infrastructure, a diverse portfolio, and consistent financial growth, the company appears poised for future success. However, as always, investors should carefully assess the financials, objectives, and market conditions before making an investment decision.

The Khyati Global Ventures IPO opens on October 4, 2024, and closes on October 8, 2024. Investors are encouraged to act quickly, as this IPO presents a significant opportunity in the ever-growing FMCG sector.