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Navoday Enterprises Limited IPO

Navoday Enterprises Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 19.50 (-2.50%)

Navoday Enterprises Limited's successfully transitioned to public market status with its listing on BSE on 25-06-2021. The IPO mobilized 23,04,000 Shares in cumulative capital, including TBD for corporate expansion.

The public offering was conducted within the price parameters of ₹20 to ₹20, with minimum investment lots of 6000 shares. subscription activity between 14-06-2021 and 17-06-2021 demonstrated market reception to the company's valuation and growth narrative.

The allotment process concluded on 21-06-2021, finalizing share distribution to successful bidders. The listing represents a transformational event, providing the company with enhanced market visibility, regulatory compliance framework, and access to diversified investor capital.

Navoday Enterprises IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Navoday Enterprises IPO Key Performance Indicator
Company Financials ( In Lakhs )

Navoday Enterprises IPO About Company

Incorporated in 2007, Navoday Enterprises Limited operates across three key business areas including marketing support and advertising, management and financial consultancy, and component supply services. The company offers outdoor and out-of-home advertising services such as hoardings, billboards, kiosks, lamp post boards, and mobile sign trucks across Mumbai and Thane, along with event management services for corporate, commercial, cultural, and brand promotion events. Its financial consultancy segment provides support in areas like market research, working capital finance, corporate finance, and financial restructuring, while the component supply segment caters to manufacturers of packaging and allied machines by supplying essential components such as sealers, belts, cutters, gears, sensors, and other related parts.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Navoday Enterprises IPO Strength Factors

  1. Outdoor Media Expertise: Strong capabilities in outdoor media services.
  2. Diversified Consultancy: Offers a wide range of management consultancy services.
  3. Wide Media Portfolio: Covers outdoor, print, and digital media solutions.

Navoday Enterprises IPO Risk Factors

NA


Navoday Enterprises IPO Lead Manager(s)

  • Inventure Merchant Banker Services Private Limited

Navoday Enterprises IPO Promoter(s)

  1. Anand V. Mode
  2. Synematic Media and Consulting Private Limited

Navoday Enterprises IPO Company Details

Navoday Enterprises Limited
Phone:
address:

Navoday Enterprises IPO Registrar

Satellite Corporate Services Private Limited
Name:
Phone:

Navoday Enterprises IPO FAQs