Nanavati Ventures Limited IPO

BSE SME

Listed On: May 6, 2022 at ₹ 50.0

₹ 150000 /3000 Shares

Check Allotment

IPO Details

25 Apr, 2022

Open Date

27 Apr, 2022

Close Date

02 May, 2022

Allotment Date

06 May, 2022

Listing Date

Issue Price

₹50 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

KFin Technologies Limited

List Price

50.0

Listing Date

2022-05-06

Market Lot

3000 Shares (₹150,000/-)

Lead Manager

First Overseas Capital Limited

Issue Size

436,000 Eq Shares of ₹10(aggregating up to ₹2.18 Cr)

Retail Portion

N/A

Subscription

32.52 times

IPO Docs

DRHP RHP

IPO Subscription 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

Earnings Per Share (EPS)

₹0.73/-

P/E Ratio

68.76

RoNW

1.94%

Net Asset Value (NAV) - Post Issue

₹42.02/-

Company Financials All values are in ₹ Cr.

	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 The 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.

- Promoter(s)

Pre Issue Share Holding: 71.00%

Post Issue Share Holding: 52.19%

Company Promoter(s)

Mrs. Kashmira Hemantkumar Nanavati
Mr Shreykumar Hasmukhbhai Sheth
Ms Vaishnavi Hemantkumar Nanavati

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. The size of Nanavati Ventures Limited IPO is 436,000 Eq Shares of ₹10(aggregating up to ₹2.18 Cr).

Ans. The IPO price band is set between ₹50 per equity share.

Ans. To apply for Nanavati Ventures Limited IPO 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 allotment status for Nanavati Ventures Limited IPO here.