Modi's Navnirman Limited IPO
Modi's Navnirman Limited is a BSE SME IPO listed on the BSE SME platform, priced at ₹180 per share. The stock debuted at ₹189, delivering a listing gain of 5.0%. The IPO had a lot size of ₹800 shares and a minimum investment of ₹1,44,000.
Modi's Navnirman Limited IPO
- IPO Dates
- Jun 23, 2022 – Jun 28, 2022
- Price band
- ₹180 per equity share
- Minimum Investment
- ₹1,44,000
- Issue size
- 1,260,000 shares of ₹10(aggregating up to ₹22.68 Cr)
- Lot size
- 800
- Allotment Date
- Jul 1, 2022
- Listing
- Jul 6, 2022
- Listing At
- BSE SME
IPO timeline
-
Jun 23, 2022
Open Date
Completed
-
Jun 28, 2022
Close Date
Completed
-
Jul 1, 2022
Allotment Date
Completed
-
Jul 6, 2022
Listing Date
Completed
Modi's Navnirman Limited IPO Essentials
Modi's Navnirman Limited IPO Details
Modi's Navnirman Limited IPO is priced at ₹180 per share with a total issue size of 1,260,000 shares of ₹10(aggregating up to ₹22.68 Cr). The IPO has a lot size of 800 shares and is listed on BSE SME.
- Issue price
- ₹180 per equity share
- Lot size
- 800 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 1,260,000 shares of ₹10(aggregating up to ₹22.68 Cr)
- Listing at
- BSE SME
- List price
- 189.0
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Modi's Navnirman Limited IPO Analytics
Modi's Navnirman Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Modi's Navnirman Limited IPO Subscription Status
Modi's Navnirman Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 596,000 | 596,000 | 1,192,000 |
|
Day 1
23-06-22 06:00 PM
|
(1.00) x | 0.09 x | 0.55 x |
|
Day 2
24-06-22 06:00 PM
|
(1.77) x | 0.19 x | 0.98 x |
|
Day 3
27-06-22 06:00 PM
|
(2.09) x | 0.41 x | 1.25 x |
|
Day 4
28-06-22 06:00 PM
|
(2.76) x | 1.22 x | 1.99 x |
Modi's Navnirman Limited Valuations
Earnings
- EPS (Post IPO)
- ₹4.47/-
- P/E Ratio
- 40.27
Returns
- RoNW
- 34.81%
Modi's Navnirman Limited Financials( In Crs.)
| 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
|---|---|---|---|
| Assets | 30.98 | 7.35 | 9.98 |
| Revenue | 11.51 | 13.22 | 21.95 |
| Profit After Tax | 1.32 | 0.37 | 1.39 |
Modi's Navnirman Limited Company & Offer Insights
About Modi's Navnirman Limited
Incorporated in 2015, Modi's Navnirman Limited is a real estate company. The company is engaged in construction services. Modi's Navnirman business model focuses on designing and developing products to address consumer needs across price points.Currently, the company has 2 Ongoing and 2 upcoming residential projects and 3 Ongoing and 3 upcoming Residential-cum-Commercial projects.Modi's Navnirman's all the completed, ongoing and upcoming projects are located in Mumbai. The company's project names begin with the word Rashmi (such as Rashmi Sadhna, Rashmi Sheela ,Rashmi Terrace, etc).
Modi's Navnirman Limited Promoter(s)
Dineshkumar Modi, Rashmi Modi, Mahek Modi are the company's promoters of Modi's Navnirman Limited.
Modi's Navnirman Limited IPO Issue Objectives
- •
- Investment in subsidiary company - SMNPL for Repayment of its outstanding unsecured loans.
- •
- General Corporate Purpose.
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Modi's Navnirman Limited IPO is a Fixed Priced IPO worth ₹1,260,000 shares of ₹10(aggregating up to ₹22.68 Cr). The issue price is ₹180 per share (fixed price). The IPO opens on Jun 23, 2022 and closes on Jun 28, 2022. It will be listed on BSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The issue price of Modi's Navnirman Limited IPO is ₹180 per share (fixed price).
The lot size of Modi's Navnirman Limited IPO is 800 shares.
The minimum investment for Modi's Navnirman Limited IPO is approximately ₹1,44,000 based on the issue price .
Modi's Navnirman Limited IPO opens on Jun 23, 2022 and closes on Jun 28, 2022.
The allotment date of Modi's Navnirman Limited IPO is Jul 1, 2022.
Modi's Navnirman Limited IPO is expected to be listed on Jul 6, 2022, on BSE SME Platform.
Modi's Navnirman Limited IPO valuation snapshot: P/E 40.27, EPS ₹4.47/-, P/B N/A, RoNW 34.81%, and market cap N/A.
To apply for Modi's Navnirman Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Modi's Navnirman Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Modi's Navnirman Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Modi's Navnirman Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Modi's Navnirman Limited IPO allotment status on IPO Ji for quick and easy access.