Navoday Enterprises Limited IPO

Navoday Enterprises Limited IPO

BSE SME

₹120,000 / 6000 Shares

Offer Date:Jun 14, 2021 - Jun 17, 2021
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Navoday Enterprises Limited IPO Details

The Navoday Enterprises Limited IPO price band is set between ₹20 per equity share, with a face value of ₹10 per share. The issue is managed by Satellite Corporate Services Private Limited, and the equity shares are proposed to be listed on the BSE SME.

The IPO date for subscription opens on 14 Jun, 2021 and closes on 17 Jun, 2021. Investors can check the allotment status on 24 Jun, 2021, while the listing date is tentatively scheduled for 28 Jun, 2021.

The total issue size is 2,304,000 Eq Shares of ₹10 , aggregating up to ₹4.61 Cr. Stay tuned for the latest Navoday Enterprises Limited IPO review and GMP updates.

Navoday Enterprises Limited IPO Review, Rating & Analysis

Navoday Enterprises Limited IPO Review

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Navoday Enterprises Limited IPO Rating

Navoday Enterprises Limited IPO Highlights

IPO Date

Jun 14, 2021 - Jun 17, 2021

Listing Date

28 Jun, 2021

Face Value

₹10 Per Equity Share

Price Band

₹20 per equity share

Lot Size

-

Fresh Issue

Shares

Offer for Sale

-

Listing At

BSE SME

Navoday Enterprises Limited IPO Lot Size

The minimum market lot for Navoday Enterprises Limited IPO is 6000 shares with an application amount of ₹1,20,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.

ApplicationLotsSharesAmount
Retail (Min)16000₹1,20,000
Retail (Max)16000₹1,20,000
S-HNI (Min)212000₹2,40,000
S-HNI (Max)848000₹9,60,000
B-HNI (Min)954000₹10,80,000

Navoday Enterprises Limited IPO Timeline

IPO Open Date
14 Jun, 2021
IPO Close Date
17 Jun, 2021
Basis of Allotment
24 Jun, 2021
Listing Date
28 Jun, 2021

Issue Price

₹20 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Satellite Corporate Services Private Limited

Lead Manager

Inventure Merchant Banker Services Pvt Ltd

Issue Size

2,304,000 Eq Shares of ₹10 (aggregating up to ₹4.61 Cr)

Navoday Enterprises Limited IPO Financial Information

Period EndedAssetsRevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31 Mar 2013.7848.271.12---
31 Mar 195.1316.510.35---
31 Mar 185.3123.110.55---

All values are in ₹ Cr.

Promoters & Share Holding

Promoter(s) Name

  • Anand V. Mode
  • Synematic Media and Consulting Private Limited
Share Holding Pre IssueShare Holding Post Issue
99.98%40.21%

About Company

Navoday Enterprises Limited operates in 3 business verticals 1. Marketing support and Advertising, 2. Management and Financial Consultancy services, and 3. Component Supply and support services to manufacturers of packaging and allied machines.

Under the marketing segment, the company primarily offers outdoor marketing services or out-of-home (OOH) advertising i.e. hoardings, billboards on roads, streets, highways, lamp post boards, kiosks, traffic booths, mobile sign trucks, etc. It offers outdoor services across Mumbai & Thane. It is further engaged in event management services wherein it manages corporate events, commercial events, cultural events, brand promotional events, etc.

Financial consultancy segment provides integrated solutions for marketing research, working capital finance, corporate finance, financial restructuring, etc. However, its component supply segment supplies critical components i.e. sealers, timing belts, barring, cutter, ms cutter, brass gear, carbide, sensors, shut collars, etc. to manufacturers.

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Navoday Enterprises Limited IPO Subscription Details

As onQIB/NIIRetailTotal
Shares Offered / Reserved1,092,0001,092,0002,184,000
Day 1 -14-06-21 05:00 PM
0.19 x0.85 x0.52 x
Day 2 -15-06-21 05:00 PM
0.23 x2.05 x1.14 x
Day 3 -16-06-21 05:00 PM
0.27 x3.08 x1.68 x
Day 4 -17-06-21 05:00 PM
0.29 x4.44 x2.36 x
Total No. of Applications:

Company Contact Details

Navoday Enterprises Limited IPO

Phone: -

Email: -

Website: -

Registrar Contact Details

-

Phone: -

Email: -

Website: -

Frequently Asked Questions about Navoday Enterprises Limited IPO IPO

When will Navoday Enterprises Limited IPO open for subscription?

The Navoday Enterprises Limited IPO opens on 14 Jun, 2021 and closes on 17 Jun, 2021.

What is the investors portion for Navoday Enterprises Limited IPO?

The investors' portion for QIB is , NII is N/A, and Retail is 1092000.

How to apply for Navoday Enterprises Limited IPO?

You can apply for Navoday Enterprises 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 Navoday Enterprises Limited IPO?

The issue size of Navoday Enterprises Limited IPO is approx ₹2,304,000 Eq Shares of ₹10 (aggregating up to ₹4.61 Cr) crores.

What is the price band of Navoday Enterprises Limited IPO?

The price band for Navoday Enterprises Limited IPO is ₹20 per equity share to ₹undefined.

What is the lot size of Navoday Enterprises Limited IPO?

The minimum bid (lot size) for Navoday Enterprises Limited IPO is N/A shares with an investment of approx ₹120,000 .

What is the allotment date of Navoday Enterprises Limited IPO?

The allotment date for Navoday Enterprises Limited IPO is 24 Jun, 2021.

What is the listing date of Navoday Enterprises Limited IPO?

The listing date for Navoday Enterprises Limited IPO is expected to be 28 Jun, 2021.

What is the GMP of Navoday Enterprises Limited IPO?

The latest Grey Market Premium (GMP) for Navoday Enterprises Limited IPO is being updated regularly on IPOROCK.

PD

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.

Navoday Enterprises Limited IPO Date, Review, Price, Allotment Details, GMP | IPOROCK