IPO

NOVATEOR RESEARCH LABORATORIES LIMITED IPO

BSE SME

Offer Date: Aug 30, 2019 - Sep 4, 2019

₹ 144000 /6000 Shares

IPO Details

30 Aug, 2019

Open Date

04 Sep, 2019

Close Date

10 Sep, 2019

Allotment Date

13 Sep, 2019

Listing Date

Issue Price

Rs 24/- Per Equity Share 

Face Value

Rs 10/- Per Equity Share 

Listing at Group

BSE SME

Registrar

Karvy Fintech Private Limited

Market Lot

6000 Shares (Rs 1,44,000/-)

Lead Manager

First Overseas Capital Limited

Issue Size

Fresh issue of 18,72,000 Equity Shares of Rs 10/- at a price of Rs 24/- per share aggregating to Rs 4.49 Cr

Retail Portion

N/A

Subscription

times

IPO Docs

No related IPO documents available.

IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved8,88,0008,88,00017,76,000
Day 1 - 30-08-194,92,000 0.55 x12,000 0.01 x5,04,000 0.28 x
Day 2 - 03-09-199,00,000 1.01 x96,000 0.11 x9,96,000 0.56 x
Day 3 - 04-09-1916,02,000 1.8 x5,94,000 0.67 x21,96,000 1.24 x
Day 5 - 03-07-19N/A xN/A xN/A x

Valuations

Earnings Per Share (EPS)

Rs 0.45/-

P/E Ratio

53

RoNW

5.36%

Net Asset Value ( post issue )

Rs 17.73/-

Company Financials All values are in ₹ Cr.

- Peers Comparison

P/B RatioP/E RatioRoNWNet Worth
Novateor Research Laboratories Limited1.35535.36%0.51
  Procter & Gamble Health Limited 9.358.16114.61%849.00

- Promoter(s)


Company Promoter(s)

  1. Mr. Navdeep Subhashbhai Mehta
  2. Mrs. Tejal Navdeep Mehta

IPO - Issue Objectives

  1. Additional Working Capital ( Rs 4.24 Cr )
  2. To meet the Issue Expenses ( Rs 0.25 Cr )

IPO - FAQs

Ans. NOVATEOR RESEARCH LABORATORIES LIMITED IPO is a SME IPO. The issue is priced at Rs 24/- Per Equity Share . The minimum order quantity is 6000 Shares. The IPO opens on Aug 30, 2019, and closes on Sep 4, 2019. Karvy Fintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The NOVATEOR RESEARCH LABORATORIES LIMITED IPO opens on Aug 30, 2019 and closes on Sep 4, 2019.

Ans. The size of NOVATEOR RESEARCH LABORATORIES LIMITED IPO is Fresh issue of 18,72,000 Equity Shares of Rs 10/- at a price of Rs 24/- per share aggregating to Rs 4.49 Cr.

Ans. The IPO price band is set between Rs 24/- Per Equity Share .

Ans. To apply for NOVATEOR RESEARCH LABORATORIES LIMITED IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find NOVATEOR RESEARCH LABORATORIES 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 NOVATEOR RESEARCH LABORATORIES LIMITED IPO is Sep 10, 2019.

Ans. The NOVATEOR RESEARCH LABORATORIES LIMITED IPO will be listed on Sep 13, 2019.

Ans. Follow the steps to check the allotment status for NOVATEOR RESEARCH LABORATORIES LIMITED IPO here.