
Navoday Enterprises Limited IPO
BSE SME₹120,000 / 6000 Shares
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
NO REVIEWNavoday 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.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 6000 | ₹1,20,000 |
| Retail (Max) | 1 | 6000 | ₹1,20,000 |
| S-HNI (Min) | 2 | 12000 | ₹2,40,000 |
| S-HNI (Max) | 8 | 48000 | ₹9,60,000 |
| B-HNI (Min) | 9 | 54000 | ₹10,80,000 |
Navoday Enterprises Limited IPO Timeline
Issue Price
₹20 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Satellite Corporate Services Private LimitedLead Manager
Inventure Merchant Banker Services Pvt LtdIssue Size
2,304,000 Eq Shares of ₹10 (aggregating up to ₹4.61 Cr)Navoday Enterprises Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 20 | 13.78 | 48.27 | 1.12 | - | - | - |
| 31 Mar 19 | 5.13 | 16.51 | 0.35 | - | - | - |
| 31 Mar 18 | 5.31 | 23.11 | 0.55 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Anand V. Mode
- Synematic Media and Consulting Private Limited
| Share Holding Pre Issue | Share 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.
Navoday Enterprises Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,092,000 | 1,092,000 | 2,184,000 |
Day 1 -14-06-21 05:00 PM | 0.19 x | 0.85 x | 0.52 x |
Day 2 -15-06-21 05:00 PM | 0.23 x | 2.05 x | 1.14 x |
Day 3 -16-06-21 05:00 PM | 0.27 x | 3.08 x | 1.68 x |
Day 4 -17-06-21 05:00 PM | 0.29 x | 4.44 x | 2.36 x |
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.
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.
