Navoday Enterprises Limited IPO
BSE SMEListed On: Jun 28, 2021 at ₹ 19.5
₹ 240000 /12000 Shares
*Min Investment
14 Jun, 2021
Open Date17 Jun, 2021
Close Date24 Jun, 2021
Allotment Date28 Jun, 2021
Listing DateIPO Issue Details
- Issue Price ₹20 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 2,304,000 Eq Shares of ₹10 (aggregating up to ₹4.61 Cr)
- Listing at BSE SME
- List Price 19.5
- Listing Date 2021-06-28
- Lead Manager Inventure Merchant Banker Services Pvt Ltd
- Registrar Satellite Corporate Services Private Limited
IPO Details
- Retail Portion N/A
IPO Documents
IPO Details
Navoday Enterprises Limited IPO is an SME IPO, priced at ₹20 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 Jun 14, 2021 to Jun 17, 2021. The allotment is expected to be finalized on Jun 24, 2021, and the tentative listing date is Jun 28, 2021.
The registrar of the IPO is Satellite Corporate Services Private Limited, and
IPO Subscription Analysis And 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 |
Valuations
Company Financials
| 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | |
|---|---|---|---|
| Assets | 13.78 | 5.13 | 5.31 |
| Revenue | 48.27 | 16.51 | 23.11 |
| Profit After Tax | 1.12 | 0.35 | 0.55 |
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.
- Promoter(s)
Anand V. Mode
Synematic Media and Consulting Private Limited
Pre Issue Share Holding : 99.98%
Post Issue Share Holding : 40.21%
IPO - Issue Objectives
Meeting company's working capital requirements.
General Corporate purposes.
IPO - FAQs
Ans. Navoday Enterprises Limited IPO is a SME IPO. The issue is priced at ₹20 per equity share. The minimum order quantity is 6000 Shares. The IPO opens on Jun 14, 2021, and closes on Jun 17, 2021. Satellite Corporate Services Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Navoday Enterprises Limited IPO opens on Jun 14, 2021 and closes on Jun 17, 2021.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Navoday Enterprises Limited IPO is 2,304,000 Eq Shares of ₹10 (aggregating up to ₹4.61 Cr).
Ans. The Navoday Enterprises Limited IPO price band is set between ₹20 per equity share.
Ans. To apply for Navoday Enterprises Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Navoday Enterprises 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 Navoday Enterprises Limited IPO is Jun 24, 2021.
Ans. The Navoday Enterprises Limited IPO will be listed on Jun 28, 2021.
Ans. Follow the steps to check the Navoday Enterprises Limited IPO allotment status online.
