IPO Trending
PARSHVASME / BSEListed
Parshva Enterprises

Incorporated in 2017, Mumbai-based Parshva Enterprises Limited is engaged in the trading and wholesale business of cut and polished diamonds as well as gold jewellery. The company deals in diamonds of various categories based on fancy colour, size, shape, and cut, including princess-cut and heart-cut, with pricing determined by the quality of the cut; some diamonds are GIA certified. In the gold jewellery segment, it sells necklaces, bangles, earrings, pendants, and chains, both studded and non-studded with stones, diamonds, and pearls, catering primarily to domestic clients. Besides its core business, Parshva Enterprises also invests in real estate properties in Gujarat and Mumbai, generating trading gains, and operates in real estate broking, facilitating the buying and selling of apartments and properties.

₹45 - ₹45Open
Listed Price₹45.00
Listing Gain+0.00%

IPO Schedule & Timeline

Fixed Price IPO
Open19 Jun 2019
Close21 Jun 2019
Allotment27 Jun 2019
Listing01 Jul 2019

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Market Maker42,000 shares
5.19%
HNI3,84,000 shares
47.41%
Retail3,84,000 shares
47.41%

Minimum Application Lots

Retail1 Lot (3,000 shares)
₹1,35,000
HNI2 Lots (6,000 shares)
₹2,70,000

Company Promoters

Mr. Prashant A Vora

Company Background

Incorporated in 2017, Mumbai-based Parshva Enterprises Limited is engaged in the trading and wholesale business of cut and polished diamonds as well as gold jewellery. The company deals in diamonds of various categories based on fancy colour, size, shape, and cut, including princess-cut and heart-cut, with pricing determined by the quality of the cut; some d...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-19)₹709.22 Cr
Growth+48.9%
Revenue Trend (₹ in Crores)
0.0271.9543.7815.6Mar-18Mar-19
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-19709.2230.04357.930
Mar-18476.293.88205.410

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
27 Jun 2019
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
01 Jul 2019

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for Parshva Enterprises. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization27 Jun 2019Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date01 Jul 2019Trading commences on exchange

How to Check Parshva Enterprises Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Parshva Enterprises from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Parshva Enterprises IPO

Complete issue overview for Parshva Enterprises (PARSHVA) IPO. The issue features an equity share price band of ₹45 per share with a minimum retail lot size of 3000 Shares (minimum application amount of ₹1,35,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions