Khyati Global Ventures’ Public Offering
Khyati Global Venture has taken a significant milestone in its expansion. The company has launched its public offering, an exceptional opportunity for investors to partner with a thriving company and benefit from its future success. The company has a strong record in FMCG and Pharmaceuticals.
The company shares were listed at a 6% premium over the IPO price on BSE SME.
By expanding its operations, the company is presenting investors with an opportunity to be a part of its future success. Looking further investment avenues, watch all the Upcoming & Live IPOs to get in on the ground floor of promising companies.
Topics Covered
- About Khyati Global Ventures Limited
- Business Overview
- The Company’s Product Line
- Conclusion
About Khyati Global Ventures Limited
Khyati Global is a well-established Indian company with a global reach. They have been operating since 1993 and have achieved significant success in the international market.
It has four offices in Juhu, Mumbai, and a warehouse in Navi Mumbai. The warehouse covers an area of 20,000 square feet, making it easy to unload products from different suppliers.
The company specializes in the export and repackaging of fast-moving consumer goods (FMCG). Their product range includes food items, non-food FMCG products, household goods, festive handicrafts, and pharmaceuticals. Before its current name, the company was known as Khyati Advisory Services Limited.
Business Overview
The company is recognized for its high standards for quality, as evidenced by its ISO(International Organization for Standardization) certification and SMERA(Small and Medium Enterprises Rating Agency of India) rating. It is also a government-recognized Star Export House, which highlights its contributions to India’s export industry. With an annual revenue of US$ 65 million, Khyati Group is a major player in its field.
It is a leading exporter of Indian food products. They offer a wide range of products, including food items, ready-to-eat meals, confectionery, snacks, general provisions, instant food, pickles, cookies, mouth fresheners, beverages, and sweets. Khyati Group has a strong reputation in the international market and enjoys long-term relationships with its overseas customers.
The Company’s Product Line
Khyati Global Ventures Limited includes well-known Indian brands like Everest, Parle-G, MDH, Aashirvaad, Fortune, Balaji Wafers, Gowardhan, Haldiram’s, Colgate, Himalaya, Dove, Unilever, Godrej, etc. They also handle locally produced goods.
Khyati Global Ventures distributes a wide range of products:
- Biscuits and Confectionery: Glucose biscuits, Marie biscuits, Cream biscuits, lollipops, Salty biscuits, and many more.
- Cosmetics, Perfumes, and Aerosol: Baby Care, Body and Face Cleanser, Facial Kit, Hair Care, Oral Care, etc.
- Pharmaceutical: Injections, Liquid Orals, Ointment, Tablets and Capsules.
- Food Stuff: Basmati Rice, Biscuits, Rusks and Papad, Edible Oils, Ghee, etc.
- FMCG and NON-FMCG: Ayurvedic and Personal Care, Detergents, Exclusive Handicrafts by Khyati Group, etc.
The promoters of the company are Ramensh Rughani, Chandrika Rughani, Khyati Rughani, Aditi Raithatha, and Hiren Raithatha.
For FY 2024, the company’s revenue increased by 9%, and Profit After Tax (PAT) rose by 23%.
IPO Details
Face Value: ₹10 per share
Price: ₹99 per share
Lot Size: 1200 shares
Fresh Issue: 1,048,000
Listing Date: 11th October, 2024
Conclusion
Khyati Global Ventures invites investors to embark on an exciting journey through its stock listing, with a rich legacy since 1993 and a strong foothold in the FMCG and Pharmaceuticals sectors, the company is primed for growth. As demand for quality products rises globally, Khyati’s diverse offerings position it for remarkable success.
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Disclaimer: This blog is posted solely for educational purposes. The securities mentioned are examples and not recommendations. It is based on various secondary sources from the internet and is subject to change. Please consult an expert before making any related decisions.