Navoday Enterprises Limited IPO

BSE SME

Listed On: Jun 28, 2021 at ₹ 19.5

₹ 120000 /6000 Shares

Check Allotment

IPO Details

14 Jun, 2021

Open Date

17 Jun, 2021

Close Date

24 Jun, 2021

Allotment Date

28 Jun, 2021

Listing Date

Issue Price

₹20 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Satellite Corporate Services Private Limited

List Price

19.5

Listing Date

2021-06-28

Market Lot

6000 Shares (₹120,000/-)

Lead Manager

Inventure Merchant Banker Services Pvt Ltd

Issue Size

2,304,000 Eq Shares of ₹10 (aggregating up to ₹4.61 Cr)

Retail Portion

N/A

Subscription

2.36 times

IPO Docs

DRHP

IPO Subscription 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

Earnings Per Share (EPS)

₹N/A/-

P/E Ratio

N/A

RoNW

N/A%

Net Asset Value (NAV) - Post Issue

₹N/A/-

Company Financials All values are in ₹ Cr.

	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 The 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)

Pre Issue Share Holding: 99.98%

Post Issue Share Holding: 40.21%

Company Promoter(s)

Anand V. Mode
Synematic Media and Consulting Private Limited

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. The size of Navoday Enterprises Limited IPO is 2,304,000 Eq Shares of ₹10 (aggregating up to ₹4.61 Cr).

Ans. The IPO price band is set between ₹20 per equity share.

Ans. To apply for Navoday Enterprises Limited IPO 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 allotment status for Navoday Enterprises Limited IPO here.