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Track all the latest updates and news of Navkar Corporation IPO.
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Published by : The Globe and MailNavkar Corporation Limited IPO allotment status is now available online.
Navkar Corporation IPO subscribed 2.85 times. Public Issue of Navkar Corporation was closed for subscription on Aug 26, 2015. Issue subscription detail:
Qualified Institutional Buyers (QIBs): 6.47 times
Non Institutional Investors (NII): 0.90 times
Retail Individual Investors (RIIs): 1.62 times
Shareholders: 2.85 times
Listing date of Navkar Corporation IPO will be available soon.
Navkar Corporation Limited is entering in the capital markets with an initial public offering, IPO of *** Equity Shares of Rs. 10 each Aggregating up to Rs 600 Cr. The price band for the issue has been fixed at Rs 147 at lower level and Rs 155 at upper level. The minimum bid lot is 95 equity shares and in multiples of 95 equity shares thereafter.
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.
The issue opens on Aug 24, 2015 and closes for subscription on Aug 26, 2015. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
The Navkar Corporation IPO is proposed to open on August 24, 2015. The IPO application ends on August 26, 2015.
Retail investors can apply in the retail or non-institutional investor category from August 24, 2015 to August 26, 2015. The Navkar Corporation IPO can be applied online through Net Bank (ASBA method) or the stock broker (UPI method).
The Navkar Corporation IPO will open for subscription on August 24, 2015. The public issue will close on August 26, 2015.
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