Amanaya Ventures IPO – Review, Bid, Size, Allotment, Subscription, GMP & RHP
Last Updated Date: Feb 28, 2023Let’s have a detailed review of the company and analytics of the Amanaya Ventures IPO release date, IPO offer price, subscription, Amanaya Ventures Limited IPO allotment, grey market price, and other details like the company’s background, its financial positions, its promoters, and other related things.
| Face Value | Rs 10 |
| Price Band | Rs 23 |
| Listing At | BSE, SME |
| Min. Order Quantity | 6000 Shares |
| Listing Date | Mar 9, 2023 |
| Offer for Sale | Rs Lakh |
| Fresh Issue | Rs 276 Lakh |
| IPO Size | Rs 276 Lakh |
| Tick Size | 1 |
Amanaya Ventures IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.
| Live Performance – Amanaya Ventures Share Price |
Amanaya Ventures IPO – Summary
Their Company was originally incorporated as Amanaya Financial Services Private Limited on February 27, 2009 under the Companies Act, 1956 vide certificate of incorporation issued by the Deputy Registrar of Companies, Punjab, Himachal Pradesh, and Chandigarh.
Subsequently the name of the company was changed from “Amanaya Financial Services Private Limited” to “Amanaya Ventures Private Limited” under the Companies Act, 2013 pursuant to a special resolution passed by their shareholders at the Extraordinary General Meeting held on September 14, 2015 and had obtained fresh certificate of incorporation dated September 16, 2015 issued by the Assistant Registrar of Companies, Chandigarh.
The Promoter of this company is Mr. Manan Mahajan. The lead manager to the issue is FIRST OVERSEAS CAPITAL LIMITED, and the Registrar to this issue is BEETAL FINANCIAL & COMPUTER SERVICES PRIVATE LIMITED.
Amanaya Ventures IPO Date
The opening and closing dates of Amanaya Ventures IPO are Feb 24, 2023 and Feb 28, 2023 respectively.
Amanaya Ventures IPO Subscription
| Day / Date | NII | RII | Total Subscription |
| 2nd Day – 24th Feb | 0.11x | 0.24x | 0.17x |
| 3rd Day – 27th Feb | 0.26x | 1.15x | 0.71x |
| 4th Day – 28th Feb | 0.77x | 2.73x | 1.75x |
| Shares Offered or Net Issue | 570,000 | 570,000 | 1,140,000 |
The shares subscribed by the public will be updated here.
Amanaya Ventures IPO Allotment Status
Here, you can find the Allotment Status of this IPO.
Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.
Amanaya Ventures Limited IPO Listing Date
Find the dates below on basis of allotment, refund, listing, and more:
| Basis of Allotment Finalization | Mar 3, 2023 |
| Refunds Initiation | Mar 6, 2023 |
| Credit of Shares to Demat Account | Mar 8, 2023 |
| Share Listing Date | Mar 9, 2023 |
Amanaya Ventures IPO Price Band
The face value of each share is Rs.10, but the price band of the IPO is Rs.23
Amanaya Ventures IPO Equity Size
This Initial Public Issue of 1,200,000 Equity Shares of Rs.10 each for cash at a price of Rs.23 per equity share aggregating to Rs.276 Lakh.
Amanaya Ventures IPO Share Offering
Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of 1,200,000 Equity Shares of Rs.10/ each.
Issue Size: 1,200,000 Equity Shares of Rs.10 each, aggregating to Rs.276 Lakh
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Amanaya Ventures IPO – Live Performance
The listing date of this IPO is Mar 9, 2023. You can check the live performance of the IPO here, only after it is listed on exchanges.
| Live IPO Performance – Amanaya Ventures Share Price |
Amanaya Ventures IPO Grey Market Premium
The Amanaya Ventures Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is Rs X.
Amanaya Ventures IPO – Company Overview
Their company has completed its amalgamation with its associate company i.e. Midland Services Limited in the F.Y. 2019-20.
The amalgamation of the Midland Services Limited into their Company inter-alia resulted in the alignment of businesses of the Midland Services Limited and their Company as both the Companies were in the same line of business thereby resulted in rationalization and standardization of the business processes, economies of scale, reduction in overheads, administrative, managerial and other expenditure, organizational efficiency, and optimal utilization of resources which was beneficial for all members and other stakeholders.
It provides significant impetus to the growth in the form of optimum utilization of various recourses with reduction in overheads, administrative costs, managerial and other expenditure, provide holistic services, appropriate channelization of synergies, direct operational efficiencies and consolidated revenue and profitability.
Amanaya Ventures IPO – Financial Statements
A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:
Financial Summary:
| Amount (in INR ) | ||||
| 31-Aug-22 | 31-Mar-22 | Mar-21 | 31-Mar-20 | |
| Total Assets | 2,56,78,522 | 2,03,62,194 | 1,87,05,049 | 1,91,51,503 |
| *Total Revenue | 4,73,00,228 | 13,25,16,419 | 6,20,15,502 | 4,45,84,945 |
| Total Expense | 4,68,04,222 | 13,15,25,271 | 6,18,63,014 | 4,45,46,944 |
| Profit After Tax | 3,91,817 | 7,63,180 | 1,11,911 | 12,971 |
Earnings per Equity Share (in Lakh)
| 31-Aug-22 | 31-Mar-22 | Mar-21 | 31-Mar-20 | |
| Basic & Diluted | 0.17 | 0.32 | 0.12 | 0.01 |
Further, their PAT for the period ended on Aug 31, 2022, March 31, 2022, March 31, 2021, and March 31, 2020, were Rs. 3,91,817, Rs. 7,63,180, Rs. 1,11,911 and Rs. 12,971 respectively.
Amanaya Ventures IPO – Promoters
The Promoter of this company is:
- Mr. Manan Mahajan
List of Related Parties (Key Managerial Personnel)
- Manan Mahajan, Whole-Time Director & CFO
- Rajni Mahajan, Managing Director
- Harvinder Singh Dhami, Non-Executive and Independent Director
- Bikram Singh Rana, Non-Executive and Independent Director
- Naveen Gupta, Non Executive and Independent Director
Amanaya Ventures IPO – Promoters Holding
- Pre-Issue Share Holding – 59.80%
- Post Issue Share Holding – 37.50%
Amanaya Ventures IPO Offer Details or Issue Details
| Particulars | No. Of Equity Shares |
| Equity Shares Offered | Up to 12,00,000 Equity Shares aggregating up to Rs.2,76,00,000 |
| of which: | |
| Issue Reserved for the Market Makers | Up to 60,000 Equity Shares aggregating up to Rs.13,80,000 |
| Net Issue to the Public | Up to [●] Equity Shares aggregating up to Rs.2,62,20,000 |
| Of which: | |
| Retail Investors Portion | Not less than 5,70,000 Equity Shares |
| Other than Retail Individual Investors | Not more than 5,70,000 Equity Shares |
| Equity Shares outstanding prior to the Issue | 25,39,000 Equity Shares |
| Equity Shares outstanding after the Issue | 37,39,000 Equity Shares |
Amanaya Ventures IPO Issue Object
Their Company proposes to utilize the Net Proceeds towards funding the following objects:
1. To meet the Working Capital requirements; and
2. General Corporate Expenses.
Amanaya Ventures IPO – Business Strategy
- Focus on Increase in Volume of Sales by leveraging the strength of Technology
- Increase Geographical Presence
- Product Diversification
- Continue to develop client relationships and Trust
- Continue to invest in their Digital Marketing and Brand Building initiatives
- Enhancing Operating Effectiveness & efficiency by transforming ourselves as digital organization
Amanaya Ventures IPO – Basis of Offer Price
The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.
Qualitative factors are:
- Use of the established Brand name
- Quality Assurance
- Experience Management
- Technology based solution
- Well established and cordial relationship with their supplier
The relevant quantitative factors are:
| Basic & Diluted EPS | RONW (%) | NAV (Rs.) | |
| 31-Mar-22 | 0.36 | 0.15 | 8.27 |
| 31-Mar-21 | 0.09 | 0.45 | – |
| Mar-20 | 0.03 | 4.28 | – |
Amanaya Ventures IPO: Competitive Peers
| Face Value (Rs.) | P/E | EPS (Rs.) | Return on Net Worth (%) | Book Value (Rs.) | |
| Amanaya Ventures Limited | 10 | 71.88 | 0.36 | 4.28 | 9.84 |
| Listed Peers | |||||
| O. P. Chains Limited | 10 | 160.71 | 0.07 | 0.16 | 44.66 |
Amanaya Ventures IPO Lead Managers
| Lead Managers |
| FIRST OVERSEAS CAPITAL LIMITED 1-2 Bhupen Chambers, Dalal Street, Fountain, Mumbai – 400 001, Maharashtra, India Tel. No.: +91 22 4050 9999 Fax No: +91 22 4050 9900 Email: satish@focl.in / mala@focl.in Investor Grievance Email: investorcomplaints@focl.in Website: www.focl.in Contact Person: Mr. Satish Sheth / Ms. Mala Soneji SEBI Registration No: INM000003671 |
Amanaya Ventures IPO Registrar to offer
| Registrar to the Offer |
| BEETAL FINANCIAL & COMPUTER SERVICES PRIVATE LIMITED Beetal House, 3rd Floor, 99, Madangir, Behind Local Shopping Centre, New Delhi110062, India Tel. No.: 011-29961281-83/26051061/26051064 Fax No: 011-29961284 Email: beetal@beetalfinancial.com / beetalrta@gmail.com Investor Grievance Email: investor@beetalfinancial.com Website: www.beetalfinancial.com Contact Person: Mr. Punit Mittal SEBI Registration No.: INR000000262 |
Amanaya Ventures IPO – Other Details
- Statutory Auditor – Manoj Mahajan & Associates, Chartered Accountants
- Legal Counsel to the Company – J. MUKHERJEE & ASSOCIATES
- Bankers to the Company – YES BANK LIMITED and ICICI BANK
Amanaya Ventures IPO Review by Stock Brokers
| Top Stock Brokers Review | Company Reputation | Competitive Edge | Financial Statement | Popularity Index | Promoters Reputation |
| Angel Broking | 7.5/10 | 7.4/10 | 8.5/10 | 8.1/10 | 7.1/10 |
| Sharekhan | 7.2/10 | 7.1/10 | 8.6/10 | 8.1/10 | 7.2/10 |
| Kotak Securities | 7.3/10 | 7.5/10 | 8.4/10 | 8.1/10 | 7.3/10 |
| ICICI Direct | 7.3/10 | 7.3/10 | 8.7/10 | 8.1/10 | 7.1/10 |
| IIFL | 7.5/10 | 7.2/10 | 8.8/10 | 8.0/10 | 7.1/10 |
| Edelweiss | 7.5/10 | 7.4/10 | 8.4/10 | 8.3/10 | 7.2/10 |
| Zerodha | 7.4/10 | 7.1/10 | 8.5/10 | 8.1/10 | 7.0/10 |
| 5Paisa | 7.1/10 | 7.1/10 | 8.4/10 | 8.1/10 | 7.1/10 |
| Karvy | 7.4/10 | 7.3/10 | 8.2/10 | 8.1/10 | 7.1/10 |
| Motilal Oswal | 7.1/10 | 7.1/10 | 8.6/10 | 8.3/10 | 7.2/10 |
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Amanaya Ventures Limited IPO News
News 1 – IPO DRHP Download
News 2 – IPO RHP Prospectus Download
Amanaya Ventures IPO Review FAQs
Check out various FAQs related to Amanaya Ventures IPO:
What is the Issue Size of Amanaya Ventures IPO?
The Company is making an initial public offer of 1,200,000 equity shares. They vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and net issue.
What is the Price band of Amanaya Ventures IPO?
The price band for this particular IPO ranges between Rs 23. As far as the face value of the share is of concern, it is Rs.10 per share.
What is the Amanaya Ventures IPO Open Date?
The opening and closing dates for this IPO have been updated. The IPO is set to open on Feb 24, 2023, while the closing date is set at Feb 28, 2023.
What is the Amanaya Ventures IPO Allotment Date?
They also have the news regarding the respective allotment dates of this IPO. The basis of Allotment finalization is on Mar 3, 2023, refund initiation is on Mar 6, 2023, credit of shares is on Mar 8, 2023, and share listing date is on Mar 9, 2023.
What is the Amanaya Ventures IPO Listing Date?
Shares of this company shall be listed in the exchanges Mar 9, 2023. The date, when the listing would be done, is stagnant on Mar 9, 2023.
Who is the Registrar of Amanaya Ventures IPO?
One of the reputed registrars is managing the issue of this IPO, i.e. Beetal Financial & Computer Services (P) Limited. Their website will help you regarding the further information you are on the lookout for.
Who is the Promoter of Amanaya Ventures IPO?
Here are the promoters of this IPO – Mr. Manan Mahajan. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.
What is the GMP of Amanaya Ventures IPO?
They have obtained the GMP of this IPO and it is Rs NA. Further insights into the Kostak rate and subject to sauda or SS are as well included in this report.
Is Amanaya Ventures IPO good for Investment?
They have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.
What is the PAT of Amanaya Ventures Company?
They have the information on company financials, and according to that, they have the figures from the last few years to provide. PAT for the financial year 2022 in INR is 7,63,180, 2021 is 1,11,911, and 2020 is 12,971. PAT from Aug 2022 is 3,91,817.
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