Incorporated in 1994, Pavna Industries is engaged in the manufacturing of automotive parts and automobile applications solutions. The company manufactures a wide range of automotive components for Original Equipment Manufacturers (OEM) to cater to the requirements of passenger vehicles, 2-wheelers, 3-wheelers, heavy and light commercial vehicles, and off-road vehicles.
The company has a well-diversified portfolio including ignition switches, Latches, Fuel Tank Caps, Auto Locks, Handles, Switches, Carburetor, Oil Pump, Throttle Body, Casting Components, etc and aftermarket products i.e. filters, bearings, wiper blades, clutch plates, and brake shoes. It has three manufacturing plants located in Aligarh (UP), Aurangabad (Maharashtra), and Pantnagar (Uttarakhand). The units are ISO 9001:2015, ISO 14001:2015, OHSAS 18001:2007, and IATF 16949:2016 certified to deliver the highest-quality automotive components.

Competitive Strengths:

• Experienced promoters and managerial team.
• Well-established manufacturing capacity.
• Diversified product portfolio.
• Strong financial performance track-record.
• In-house design capability, product development, and technical collaborations.

Company Promoters:

• Mr. Swapnil jain and Mrs. Asha Jaina are the company promoters.

Company Financials

Particulars	For the year/period ended (Rs in Lakh)
Summary of financial Information (Restated)	30-Sept-  20	31-Mar-20
Total Assets	14,807.17	12,035.61
Total Revenue	6,808	17,982.84
Profit After Tax	82.80	633.74

Objects of the Issue:

The IPO aims to raise money for the following purposes;

• To make partial repayment of loans.
• To meet general corporate purposes.

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