247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Parin Furniture Limited IPO (Parin Furniture IPO) Details

Parin Furniture Limited is an Furniture based company, located in Rajkot, Parin Furniture Limited IPO size was 18.90 Cr. and was issued at 63.00 per share. The share of Parin Furniture Limited were listed at 64.90 per share and are currently trading at 380.00 per share.

Type :
Sub Sector : Furniture
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
64.59 Cr.

PAT :
2.62 Cr.

Pricing Report

Issue Price :
63.00

Listing Price :
64.90

Current Market Price :
380.00

Issue Price vs CMP :
317 (503.17%)

listing Price vs CMP :
315.1 (485.52%)

Performance Report (CAGR* wise)

CAGR : 33.08
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Parin Furniture

Company Information
Parin Furniture is a provider of wide and exclusive range of furniture and lifestyle products for several consumers. The Company is managed by experienced and dedicated promoters to address the changing needs of customers in furniture industry. They are consistent in supplying of quality products round the year as customized products are made available to them as per the market demand. Their Subsidiary Company namely Pearl Furniture Private Limited has well established manufacturing unit located at Survey No. 26, Shapar Main Road, Village, Shapar, Taluka
Object of Issue
  • Repayment of certain Secured Borrowing availed by their Company- Rs 00 lakhs
  • Fund the Working Capital Requirements of the Company- Rs 0 lakhs
  • General Corporate Purposes
  • Issue Expenses

Parin Furniture SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Oct, 2018
IPO Size :
18.90 Cr.
IPO Subscription :
2.45 X     
PE Multiple :
17.00
Merchant Banker :
Hem Securities Limited
IPO Registrar:
Kfin Technologies Limited
Anchor Investors:

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FAQs

Parin Furniture operates in Furniture and Furniture. The Issue is listed on NSE EMERGE in Oct, 2018. Parin Furniture IPO size was 18.90 Cr. with Issue price of 63.00 .

Parin Furniture IPO subscription was 2.45 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Parin Furniture IPO listed at a listing price of 64.90 against the offer price of 63.00.

The current market price of Parin Furniture is 380.00.

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