Nanavati Ventures Limited IPO
BSE SME₹150,000 / 3000 Shares
Nanavati Ventures Limited IPO Details
The Nanavati Ventures Limited IPO price band is set between ₹50 per equity share, with a face value of ₹10 per share. The issue is managed by KFin Technologies Limited, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 25 Apr, 2022 and closes on 27 Apr, 2022. Investors can check the allotment status on 2 May, 2022, while the listing date is tentatively scheduled for 6 May, 2022.
The total issue size is 436,000 Eq Shares of ₹10, aggregating up to ₹2.18 Cr. Stay tuned for the latest Nanavati Ventures Limited IPO review and GMP updates.
Nanavati Ventures Limited IPO Review, Rating & Analysis
Nanavati Ventures Limited IPO Review
NO REVIEWNanavati Ventures Limited IPO Rating
Nanavati Ventures Limited IPO Highlights
IPO Date
Apr 25, 2022 - Apr 27, 2022
Listing Date
6 May, 2022
Face Value
₹10 Per Equity Share
Price Band
₹50 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Nanavati Ventures Limited IPO Lot Size
The minimum market lot for Nanavati Ventures Limited IPO is 3000 shares with an application amount of ₹1,50,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹1,50,000 |
| Retail (Max) | 1 | 3000 | ₹1,50,000 |
| S-HNI (Min) | 2 | 6000 | ₹3,00,000 |
| S-HNI (Max) | 6 | 18000 | ₹9,00,000 |
| B-HNI (Min) | 7 | 21000 | ₹10,50,000 |
Nanavati Ventures Limited IPO Timeline
Issue Price
₹50 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
KFin Technologies LimitedLead Manager
First Overseas Capital LimitedIssue Size
436,000 Eq Shares of ₹10(aggregating up to ₹2.18 Cr)Nanavati Ventures Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Dec 21 | 14.17 | 10.49 | 0.10 | - | - | - |
| 31 Mar 21 | 6.63 | 11.31 | 0.12 | - | - | - |
| 31 Mar 20 | 2.86 | 5.95 | 0.05 | - | - | - |
| 31 Mar 19 | 1.86 | 0.55 | 0.003 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Mrs. Kashmira Hemantkumar Nanavati
- Mr Shreykumar Hasmukhbhai Sheth
- Ms Vaishnavi Hemantkumar Nanavati
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 71.00% | 52.19% |
About Company
Incorporated in 2010, Nanavati Ventures Limited is a Diamond Trading company. The company sells diamonds largely to a domestic customer base that includes jewellery manufacturers, large department store chains, retail stores, and wholesalers. The company is located in Surat, Gujarat.Nanavati Ventures purchases rough and unpolished diamonds from suppliers, and then professional workers process and polish those rough gemstones for the end product. The company's products are sold and distributed through independent sales and distribution networks.
Nanavati Ventures Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 206,000 | 206,000 | 412,000 |
Day 1 -25-04-22 06:00 PM | 0.06 x | 11.58 x | 5.82 x |
Day 2 -26-04-22 06:00 PM | 0.57 x | 28.00 x | 14.29 x |
Day 3 -27-04-22 06:00 PM | 13.86 x | 51.17 x | 32.52 x |
Frequently Asked Questions about Nanavati Ventures Limited IPO IPO
When will Nanavati Ventures Limited IPO open for subscription?
The Nanavati Ventures Limited IPO opens on 25 Apr, 2022 and closes on 27 Apr, 2022.
What is the investors portion for Nanavati Ventures Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 206000.
How to apply for Nanavati Ventures Limited IPO?
You can apply for Nanavati Ventures Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Nanavati Ventures Limited IPO?
The issue size of Nanavati Ventures Limited IPO is approx ₹436,000 Eq Shares of ₹10(aggregating up to ₹2.18 Cr) crores.
What is the price band of Nanavati Ventures Limited IPO?
The price band for Nanavati Ventures Limited IPO is ₹50 per equity share to ₹undefined.
What is the lot size of Nanavati Ventures Limited IPO?
The minimum bid (lot size) for Nanavati Ventures Limited IPO is N/A shares with an investment of approx ₹150,000 .
What is the allotment date of Nanavati Ventures Limited IPO?
The allotment date for Nanavati Ventures Limited IPO is 2 May, 2022.
What is the listing date of Nanavati Ventures Limited IPO?
The listing date for Nanavati Ventures Limited IPO is expected to be 6 May, 2022.
What is the GMP of Nanavati Ventures Limited IPO?
The latest Grey Market Premium (GMP) for Nanavati Ventures Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.