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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 Promoters:

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

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

IPO Opening Date Jun 14, 2021
IPO Closing Date Jun 17, 2021
Issue Type Fixed Price Issue IPO
Face Value ₹10 per equity share
IPO Price ₹20 per equity share
Market Lot 6000 Shares
Min Order Quantity 6000 Shares
Listing At BSE SME
Issue Size2,304,000 Eq Shares of ₹10
(aggregating up to ₹4.61 Cr)

Navoday Enterprises IPO Tentative Timetable

The Navoday Enterprises IPO open date is Jun 14, 2021, and the close date is Jun 17, 2021. The issue may list on Jun 24, 2021.

IPO Open Date Jun 14, 2021
IPO Close Date Jun 17, 2021
Basis of Allotment Date Jun 21, 2021
Initiation of Refunds Jun 22, 2021
Credit of Shares to Demat Account Jun 23, 2021
IPO Listing Date Jun 24, 2021

Navoday Enterprises IPO Lot Size

The Navoday Enterprises IPO market 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 (Cut-off)
Minimum 1 6000 ₹120,000
Maximum 1 6000 ₹120,000

Navoday Enterprises IPO Promoter Holding

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

Navoday Enterprises IPO Subscription Status (Bidding Detail)

The Navoday Enterprises IPO is subscribed 2.36 times on Jun 17, 2021 06:50. The public issue subscribed 4.44 in the retail category, in the QIB category, and 0.29 in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
NII

0.29

RII

4.44

Total

2.36

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 equity share
Face Value ₹10 per equity 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 Reviews / Ratings

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 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.

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 6000 Shares.

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.

Navoday Enterprises IPO Message Board

Ranked Members  Ranked Members

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6. Monster Zero |Jul 16, 2021 13:26
IPO Mentor IPO Mentor (500+ Posts, 200+ Likes)
anyone having issues with SBI high security password?????
5. Sarthak Deshmukh |Jun 25, 2021 11:40
Listed at 19.5
currently trading at 18.55
Retail investers Trapped....
4. traderji |Jun 24, 2021 10:14
from where can i get the script code
4.1. Scrip |Jun 25, 2021 04:45
I don''t think so.
Going through the RHP, it seems that company is doing fine.
The only thing that may haunt on listing day is market sentiment.

It may be just like KMEW.
3. traderji |Jun 24, 2021 10:00
what is the script code?
2. Deepakkumar |Jun 22, 2021 13:25
Chance of discount listing is very high. All the best to those, who got alloted.
1. PrafulJothi |Jun 17, 2021 15:13
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