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Navkar Corporation Limited IPO (Navkar Corporation IPO) Detail

August 24, 2015 - August 26, 2015

Navkar Corporation IPO is a book built issue of Rs 600.00 crores.

Navkar Corporation IPO bidding started from August 24, 2015 and ended on August 26, 2015. The shares got listed on BSE, NSE on September 9, 2015.

Navkar Corporation IPO price band is set at ₹147 to ₹155 per share. The minimum lot size for an application is 95 Shares. The minimum amount of investment required by retail investors is ₹14,725.

Axis Bank Limited, Edelweiss Financial Services Ltd and SBI Capital Markets Limited are the book running lead managers of the Navkar Corporation IPO, while Link Intime India Private Ltd is the registrar for the issue.

Refer to Navkar Corporation IPO RHP for detailed information.

Navkar Corporation IPO Details

IPO Date August 24, 2015 to August 26, 2015
Listing Date September 9, 2015
Face Value ₹10 per share
Price Band ₹147 to ₹155 per share
Lot Size 95 Shares
Total Issue Size[.] shares
(aggregating up to ₹600.00 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

Navkar Corporation IPO Reservation

Navkar Corporation IPO offers 28,571,429 shares. 8,163,266 (28.57%) to QIB, 6,122,449 (21.43%) to NII, 14,285,714 (50.00%) to RII. 150,375 RIIs will receive minimum 95 shares and (sNII) and (bNII) will receive minimum 1,330 shares. (in case of oversubscription)

Investor Category Shares OfferedMaximum Allottees
Anchor Investor Shares Offered-NA
QIB Shares Offered8,163,266 (28.57%)NA
NII (HNI) Shares Offered6,122,449 (21.43%)
Retail Shares Offered14,285,714 (50.00%)150,375
Total Shares Offered28,571,429 (100%)

Navkar Corporation IPO Lot Size

Investors can bid for a minimum of 95 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 95 ₹14,725
Retail (Max) 13 1235 ₹191,425
Lot Size Calculator

About Navkar Corporation Limited

Navkar Corporation Limited is CFS operator in India with three CFSs, Ajivali CFS I and Ajivali CFS II at Ajivali and Somathane CFS at Somathane, which are strategically located in Panvel, Maharashtra.

Container freight stations (CFSs) and inland container depots (ICDs) are common user facilities with public authority status equipped with fixed installations.

As of December 31, 2014, our CFSs had an aggregate installed handling capacity of 310,000 TEUs per annum on the basis of our then current infrastructure and operating equipment.

Company have a private railway freight terminal (PFT) which allows us to load and unload cargo from container trains operating between our Somathane CFS and the JN Port and to transport domestic cargo to and from inland destinations on the Indian rail netwrk. As of December 31, 2014, we also own and operate 461 trailers for the transportation of cargo between our CFSs and the JN Port by road.

Company Financials

ParticularsFor the year/period ended (in Rs. Million)
31 Mar 1531 Mar 1431 Mar 1331 Mar 12
Total Income3,320.143,701.873,380.012,689.44
Profit After Tax (PAT)743.60900.08567.13469.64

Objects of the Issue (Navkar Corporation IPO Objectives)

The objects of the Net Proceeds (as defined below) of the Fresh Issue are:

1. Capacity enhancement of the Somathane CFS;
2. Development of the non-notified areas of our CFSs; and
3. Establishment of a logistics park at Valsad (near Vapi)

Navkar Corporation IPO Review (Apply)

[Dilip Davda]  

Investment may be considered for long term as this company is likely to join the bandwagon like VRL Logi., Snowman, All Cargo, Gateway Distri, Concor etc.

Read detail review...

Navkar Corporation IPO Subscription Status (Bidding Detail)

The Navkar Corporation IPO is subscribed 2.85 times on August 26, 2015 9:00:00 AM. The public issue subscribed 1.62 times in the retail category, 6.47 times in the QIB category, and 0.90 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Issue Size Detail

Public Issue of [.] Equity shares aggregating up to Rs 6000 million consisting of a fresh issue upto Rs 5100 million & an offer for sale upto Rs 900 million

Navkar Corporation IPO Prospectus

Navkar Corporation IPO Rating

Rating:Rated 4.0 stars
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Navkar Corporation IPO Listing Details

Listing Date September 9, 2015
BSE Script Code 539332
ISIN INE278M01019
Final Issue Price ₹155 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

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Navkar Corporation Limited Contact Details

Navkar Corporation Limited
205-206, J.K. Chambers,
Sector 17, Vashi,
Navi Mumbai 400 705, Maharashtra
Phone: +91 22 2766 8223

Navkar Corporation IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Navkar Corporation IPO - Buy or Not

Navkar Corporation IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 8 0 1
Members 0 0 0

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Navkar Corporation IPO FAQs

Navkar Corporation IPO is a main-board IPO of [.] equity shares of the face value of ₹10 aggregating up to ₹600.00 Crores. The issue is priced at ₹147 to ₹155 per share. The minimum order quantity is 95 Shares.

The IPO opens on August 24, 2015, and closes on August 26, 2015.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The Navkar Corporation IPO opens on August 24, 2015 and closes on August 26, 2015.

Navkar Corporation IPO lot size is 95 Shares, and the minimum amount required is ₹14,725.

You can apply in Navkar Corporation IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Navkar Corporation IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Navkar Corporation IPO allotment status.

The Navkar Corporation IPO listing date is on September 9, 2015.
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Navkar Corporation IPO Message Board

Ranked Members of Forum  Ranked Members | Members with Most Likes



443. ACML |   Link |  Bookmark |October 6, 2015 6:49:07 PM
442. Viraj |   Link |  Bookmark |September 21, 2015 9:36:04 PM
IPO Mentor IPO Mentor (900+ Posts, 1100+ Likes)
i hase been navkar 2 lot ipo time..
so hold ya sell ?
any information quterly result ?
441. monty khandelwal |   Link |  Bookmark |September 18, 2015 12:57:02 PM
What to say about dis saying sell power mech......earlier at the ipo was saying,apply karo munafa kuto,for shree pushkar saying sell now......hahahahahahha.....earlier saying will go till saying hold what can be the fate of navkar.......hahahahah.......guys don''t believe......atleast Septa has his logical views.......but what to say about offence to anyone here.......just stating the fact.......
440. Arjunsinh Solanki |   Link |  Bookmark |September 18, 2015 1:12:46 AM
bhai, jain ki scrips me paryushan ke dauran koi satta nahi hota. aaj paryushan khatam ho gaya hey. next week me delh lena heavy offloading hoga. 135 kab ayega yeh pata bhi nahi chalega.
439. Sanjay kant Sharma |   Link |  Bookmark |September 12, 2015 10:21:24 PM
Wait for Navkar Quarterly result. after that it will touch 400
439.1. jaimim nai |   Link |  Bookmark |September 13, 2015 9:37:17 PM
navkar Quartely date .?
439.2. jeet - Har |   Link |  Bookmark |September 14, 2015 5:04:32 PM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
i think it should more clear after 29 th sep, fed meet/rbi rate cut/ monsoon
438. Sanjay kant Sharma |   Link |  Bookmark |September 12, 2015 10:19:02 PM
Hi Friends..
Navkar ke liye mere comments pahle bhi positive the or aaj bhi.. par kuch log jo roj negative comments kar rahe the or mujhe khrida hua promotor bta rhe the unko jwab mil gya shayad..

Please Hold navkar, who sold at 168-69, they can buy on 162-63, Short Term target is 180, and 3 months target is Rs.350.

Company fundamental shown , it will go near 400 in 3 months..
438.1. Sreedhar R |   Link |  Bookmark |September 14, 2015 1:34:59 PM
Fully agree
437. NKD |   Link |  Bookmark |September 11, 2015 4:04:23 PM

Date      Company      Client      Tran      Qty      Traded Price
09-Sep-2015      Navkar Corp (BSE)      GKN SECURITIES      SELL      797127      161.88
09-Sep-2015      Navkar Corp (BSE)      GKN SECURITIES      BUY      797127      161.56
09-Sep-2015      Navkar Corp (NSE)      GKN SECURITIES      BUY      797527      162.29
09-Sep-2015      Navkar Corp (NSE)      GOLDMAN SACHS INDIA FUND LIMITED      BUY      1400000      167.53
09-Sep-2015      Navkar Corp (NSE)      GOLDMAN SACHS INDIA FUND LTD      BUY      1412146      160.99
09-Sep-2015      Navkar Corp (NSE)      GKN SECURITIES      SELL      797527      162.01
436. Viraj |   Link |  Bookmark |September 10, 2015 6:44:00 PM
IPO Mentor IPO Mentor (900+ Posts, 1100+ Likes)
If market steble 2 or 3 day navkar goes to 180++
436.1. Sreedhar R |   Link |  Bookmark |September 10, 2015 10:11:12 PM
Navkar just needs the market to revive from the current states. Has very good potential. I would personally recommend hold for 1-2 weeks atleast.
435. jignesh gondaliya |   Link |  Bookmark |September 10, 2015 5:55:55 PM
What to do.....
I have 3 lots.....
hold or exit......
435.2. Septa |   Link |  Bookmark |September 10, 2015 9:12:04 PM (4000+ Posts, 4600+ Likes)
Stop loss is good strategy however not at 155 Booz at that price u will make a loss after the brokerage.... Maybe break even or higher
435.3. jignesh gondaliya |   Link |  Bookmark |September 11, 2015 9:38:08 AM
NKD & Septa
434. Deep Sheth |   Link |  Bookmark |September 10, 2015 3:05:18 PM
what to do for navkar? still have 2 lots...sell or not ? what will happen tomorrow?
433. jeet - Har |   Link |  Bookmark |September 10, 2015 12:22:53 AM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
The best comment award goes to

Who post chanakya link stating that company''s real PE is 6.7 n value of stock 67

432. NKD |   Link |  Bookmark |September 9, 2015 8:32:16 PM
The price of the stock is not dependents on fundamentals it is only depends on the buyer and the seller if buyer is ready to buy at 50 60 PE then there is no concern with the same. hoping navkar will do better, after some day some of the brokerage howill come and will say that navkar had a good fundamentals and give the target price. Then retailers will run to buy and the smart money will get exit at the same. This is the game beyond fundamental.
432.1. jeet - Har |   Link |  Bookmark |September 10, 2015 12:18:42 AM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
431. Jai Sainath |   Link |  Bookmark |September 9, 2015 7:46:40 PM
Dear all,

Few people are commenting on this forum without any knowledge. People should see the fundamental of the company. People should not consider bogus writers comments. Standard Writers have kept distance do to these non responsible commentators. We should request to iporaja, babukalia etc for comming back on this forum.
430. jignesh gondaliya |   Link |  Bookmark |September 9, 2015 6:44:02 PM
Su lage che...........
kale navkar up jase k nahi......
as per my pridiction it touch 180...
430.1. jeet - Har |   Link |  Bookmark |September 10, 2015 12:31:31 AM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
I think it''s not
Bcz sgx nifty is in negative

So for short term it''s not looks like

It''s just my view

Sorry if it''s hurt u
429. Deep Sheth |   Link |  Bookmark |September 9, 2015 5:08:29 PM
What about navkar for tomorrow ? does it reach @200 ?
428. Viraj |   Link |  Bookmark |September 9, 2015 4:24:33 PM
IPO Mentor IPO Mentor (900+ Posts, 1100+ Likes)
where ever % sircit filter tomorrow?
427. Uchit Patel |   Link |  Bookmark |September 9, 2015 4:17:11 PM (500+ Posts, 1500+ Likes)
Thank you Pinky for predicting exact listing price.
Today I watched no. of sellers and no. of buyers are almost same for whole day after 15 minutes of listing. This is very good sign. Investors were not panic and rushed to sell in discount. This helps us to hold price more than offer price(Rs. 155) and one moment it touched to Rs. 169.
I noticed, total volume is very high as Syngene. More than 80% shares of retail investors were sold. Now majority of portion went to big players hand. We small investor should understand that honeymoon period of Indian Stock Market is over and we should wait for some time for good return from good fundamental company. Decent listing gain is almost impossible in good fundamental company also.
I think we should follow the same strategy for upcoming listing of Pushkar, Prabhat and Sadbhav. Hold your shares for some time.
Please note this is only my views and I am following this strategy in this market condition.
426. PLC |   Link |  Bookmark |September 9, 2015 4:09:05 PM
what about tomorrow? will navkar reach at 200+?
425. VALUE INVESTOR |   Link |  Bookmark |September 9, 2015 3:47:50 PM (900+ Posts, 600+ Likes)
424. SHASHANK K S |   Link |  Bookmark |September 9, 2015 3:33:33 PM
did not apply for this IPO...

glad for all who made a profit for this IPO...

best of luck for those who are still holding...