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Navoday Enterprises Limited IPO (Navoday Enterprises IPO) Detail

Jun 14, 2021 - Jun 17, 2021

Incorporated in 2007, 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.

Competitive Strengths

  • Expertise in outdoor media service offerings.
  • Diversified management consultancy services.
  • Large media product portfolio i.e. outdoor, print & digital media.

Company Financials

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in lakhs)
31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 1,378.57 513.12 531.14
Total Revenue 4,827.24 1,651.70 2,311.96
Profit After Tax 112.77 35.07 55.67

Objects of the Issue

The net IPO proceeds will be used for the following objectives;

  • Meeting company's working capital requirements.
  • General Corporate purposes.

Navoday Enterprises IPO Details

Navoday Enterprises IPO Date Jun 14, 2021 to Jun 17, 2021
Navoday Enterprises IPO Face Value ₹10 per share
Navoday Enterprises IPO Price ₹20 per share
Navoday Enterprises IPO Lot Size 6000 Shares
Issue Size2,304,000 shares of ₹10
(aggregating up to ₹4.61 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Company Promoters

Anand V. Mode and Synematic Media and Consulting Private Limited are the company promoters.

Navoday Enterprises IPO Timeline (Tentative Timetable)

Navoday Enterprises IPO opens on Jun 14, 2021, and closes on Jun 17, 2021. The Navoday Enterprises IPO bid date is from Jun 14, 2021 10.00 A.M. to Jun 17, 2021 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

Event Date
Navoday Enterprises IPO Opening Date Jun 14, 2021
Navoday Enterprises IPO Closing Date Jun 17, 2021
Basis of Allotment Jun 21, 2021
Initiation of Refunds Jun 22, 2021
Credit of Shares to Demat Jun 23, 2021
Navoday Enterprises IPO Listing Date Jun 24, 2021

Navoday Enterprises IPO Lot Size

The Navoday Enterprises IPO lot size is 6000 shares. A retail-individual investor can apply for up to 1 lots (6000 shares or ₹120,000).

Application Lots Shares Amount
Retail (Min) 1 6000 ₹120,000
Retail (Max) 1 6000 ₹120,000

Navoday Enterprises IPO Promoter Holding

Pre Issue Share Holding 99.98%
Post Issue Share Holding 40.21%

Navoday Enterprises IPO Review

Considering its inconsistent financial track record and the highly competitive business, this highly-priced IPO may be ignored as it will take a longer duration for migration to mainboard based on its current small paid-up equity. Promoters will have around 40% holding post issue. Read detail review...


Navoday Enterprises IPO Subscription Status (Bidding Detail)

The Navoday Enterprises IPO is subscribed 2.36 times on Jun 17, 2021 6:50:00 AM. The public issue subscribed 4.44 times in the retail category, times in the QIB category, and 0.29 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
NII0.29
Retail4.44
Total2.36

Navoday Enterprises IPO Prospectus

Navoday Enterprises IPO Rating

56
3.2
Rating:Rated 3.2 stars
Vote Here ...

Navoday Enterprises IPO Listing Date

Listing Date Friday, June 25, 2021
BSE Script Code 543305
NSE Symbol
Listing In MT Group of Securities
ISIN INE0DB001013
IPO Price ₹20 per share
Face Value ₹10 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE SME
₹20.00
₹19.50
₹18.55
₹19.50
₹18.55

Company Contact Information

Navoday Enterprises Limited
D-107, Crystal Plaza, Opposite Infinity Mall
New Link Road, Andheri West,
Mumbai – 400 053,
Phone: +91 22 4968 6123
Email: info@navodayenterprise.com
Website: http://www.navodayenterprise.com/

Navoday Enterprises IPO Registrar

Satellite Corporate Services Private Limited

Phone: +91-22- 28520461/462
Email: service@satellitecorporate.com
Website: http://www.satellitecorporate.com

Navoday Enterprises IPO Review

Navoday Enterprises IPO Recommendation Summary

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Members 0 0 0

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Navoday Enterprises IPO FAQs

Navoday Enterprises IPO is a SME IPO of 2,304,000 equity shares of the face value of ₹10 aggregating up to ₹4.61 Crores. The issue is priced at ₹20 per 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.

Zerodha customers can apply online in Navoday Enterprises IPO using UPI as a payment gateway. Zerodha customers can apply in Navoday Enterprises IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Navoday Enterprises IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Navoday Enterprises IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Navoday Enterprises IPO opens on Jun 14, 2021 and closes on Jun 17, 2021.

Navoday Enterprises IPO lot size is 6000 Shares and the minimum order quantity is .

You can apply in Navoday Enterprises 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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Navoday Enterprises IPO will be done on Jun 21, 2021, and the allotted shares will be credited to your demat account by Jun 23, 2021. Check the Navoday Enterprises IPO allotment status.

The Navoday Enterprises IPO listing date is on Friday, June 25, 2021.
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Navoday Enterprises IPO Message Board

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14 Comments

10. Avenue |   Link |Jul 30, 2021 12:42:20 PM
NII subscription from 12x to 52x in 5 minutes..

9. Monster Zero |   Link |Jul 16, 2021 1:26:19 PM
IPO Guru IPO Guru (2200+ Posts, 1800+ Likes)
anyone having issues with SBI high security password?????
8. Sarthak Deshmukh |   Link |Jun 25, 2021 11:40:45 AM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Listed at 19.5
currently trading at 18.55
Retail investers Trapped....
7. traderji |   Link |Jun 24, 2021 10:14:49 AM
from where can i get the script code
7.1. Deepakkumar |   Link |Jun 24, 2021 4:18:23 PM
Top Contributor Top Contributor (200+ Posts)
Listing tomorrow i.e. 25th June as BSE SME site. All the best.
7.2. Deepakkumar |   Link |Jun 25, 2021 10:45:05 AM
Top Contributor Top Contributor (200+ Posts)
Discount listing and lower circuit as expected.
6. traderji |   Link |Jun 24, 2021 10:00:52 AM
what is the script code?
5. Deepakkumar |   Link |Jun 22, 2021 1:25:15 PM
Top Contributor Top Contributor (200+ Posts)
Chance of discount listing is very high. All the best to those, who got alloted.
4. PrafulJothi |   Link |Jun 17, 2021 3:13:55 PM
Dear investors
Do not believe in SME.
The issue price of bonlon industries is Rs28. And itslifetime high did not cross its issue price. U can check if you have doubt
https://m.bseindia.com/StockReach.aspx?scripcd=543211
3. Devendra ipo |   Link |Jun 11, 2021 3:10:42 PM
no gmp started
3.1. Deepakkumar |   Link |Jun 13, 2021 10:23:46 PM
Top Contributor Top Contributor (200+ Posts)
@ Devendra, ha ha, good one. Wait till GMP starts.
2. PrafulJothi |   Link |Jun 11, 2021 9:59:13 AM
Bonlon Industries Ltd IPO (Bonlon Industries IPO) Detail
Jun 30, 2020 - Jul 3, 2020 . For past 11 months Bonlon Sne ipo is trading less than its issue price Rs. 28. camp is 22
1. AGARWAL RAJESH |   Link |Jun 9, 2021 8:50:45 PM
Issue size is 46.1cr not 4.61 cr
1.1. Dinesh Singh |   Link |Jun 10, 2021 4:05:02 PM
IPO Guru IPO Guru (1000+ Posts, 400+ Likes)
You have got incorrect information.
The issue size is 4.61 cr and it is SME IPO.
You can check it at BSE website.