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Khyati Global Ventures Opens at 6.1% Premium in Stock Market Debut, Discover More!

Khyati Global Ventures debuted modestly on the stock market, opening at Rs 105, a 6.1% premium over the IPO price of Rs 99, on the BSE SME platform on October 11.
Khyati Global Ventures Opens at 6.1% Premium in Stock Market Debut, Discover More!

Khyati Global Ventures made a modest debut on the stock market on October 11, opening at Rs 105 on the BSE SME platform. This price represents a 6.1% premium over the IPO issue price of Rs 99 per share.

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Khyati Global Ventures Rs 18-crore public offering, blending fresh issues with an offer for sale, was subscribed 15 times. Dominated by retail investors, subscriptions reached 25 times their reserved section, while non-institutional investors took up 5 times theirs. Notably, QIBs did not participate.

Khyati Global Ventures exports and repackages a broad range of FMCG products, including food items, non-food FMCG products, household items, festive handicrafts, and pharmaceuticals. Serving mainly wholesalers and supermarket chains abroad, the company offers competitive pricing and efficient supply chain solutions, positioning itself as a one-stop vendor with extensive local market knowledge and product assortment.

Khyati Global Ventures plans to use INR 7.45 crores from its IPO proceeds for working capital needs, with remaining funds aimed at covering operational costs, project development, and enhancing business and marketing capabilities.

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