Nanavati Ventures Limited IPO
BSE SMEListed On: May 6, 2022 at ₹ 50.0
₹ 300000 /6000 Shares
*Min Investment
25 Apr, 2022
Open Date27 Apr, 2022
Close Date02 May, 2022
Allotment Date06 May, 2022
Listing DateIPO Issue Details
- Issue Price ₹50 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 436,000 Eq Shares of ₹10(aggregating up to ₹2.18 Cr)
- Listing at BSE SME
- List Price 50.0
- Listing Date 2022-05-06
- Lead Manager First Overseas Capital Limited
- Registrar KFin Technologies Limited
IPO Details
- Retail Portion N/A
IPO Details
Nanavati Ventures Limited IPO is an SME IPO, priced at ₹50 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Apr 25, 2022 to Apr 27, 2022. The allotment is expected to be finalized on May 2, 2022, and the tentative listing date is May 6, 2022.
The registrar of the IPO is KFin Technologies Limited, and
IPO Subscription Analysis And 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 |
Valuations
Company Financials
| 31-Dec-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
|---|---|---|---|---|
| Assets | 14.17 | 6.63 | 2.86 | 1.86 |
| Revenue | 10.49 | 11.31 | 5.95 | 0.55 |
| Profit After Tax | 0.10 | 0.12 | 0.05 | 0.003 |
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.
Read More- Promoter(s)
Mrs. Kashmira Hemantkumar Nanavati
Mr Shreykumar Hasmukhbhai Sheth
Ms Vaishnavi Hemantkumar Nanavati
Pre Issue Share Holding : 71.00%
Post Issue Share Holding : 52.19%
IPO - Issue Objectives
To meet the working capital requirements of the company.
To meet the Issue Expenses.
General Corporate Purpose.
IPO - FAQs
Ans. Nanavati Ventures Limited IPO is a SME IPO. The issue is priced at ₹50 per equity share. The minimum order quantity is 3000 Shares. The IPO opens on Apr 25, 2022, and closes on Apr 27, 2022. KFin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Nanavati Ventures Limited IPO opens on Apr 25, 2022 and closes on Apr 27, 2022.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Nanavati Ventures Limited IPO is 436,000 Eq Shares of ₹10(aggregating up to ₹2.18 Cr).
Ans. The Nanavati Ventures Limited IPO price band is set between ₹50 per equity share.
Ans. To apply for Nanavati Ventures Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Nanavati Ventures Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Nanavati Ventures Limited IPO is May 2, 2022.
Ans. The Nanavati Ventures Limited IPO will be listed on May 6, 2022.
Ans. Follow the steps to check the Nanavati Ventures Limited IPO allotment status online.
