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June 23, 2022 - June 28, 2022

Modis Navnirman IPO FAQ

Modis Navnirman IPO Date & Price

The Modis Navnirman IPO opens on June 23, 2022 and closes on June 28, 2022.

Modis Navnirman IPO timetable / schedule is as below:
  • Bid/Offer Opens On: June 23, 2022
  • Bid/Offer Closes On: June 28, 2022
  • Finalization of Basis of Allotment: July 1, 2022
  • Initiation of refunds: July 4, 2022
  • Credit of Equity Shares: July 5, 2022
  • Listing Date: July 6, 2022

Modis Navnirman IPO price is set at ₹180 per equity share.

Modis Navnirman IPO will close for subscription at 5 PM on June 28, 2022. But most brokers stop accepting application between 1 PM to 3 PM.

The Modis Navnirman IPO starts on June 23, 2022. The issue ends on June 28, 2022.

Modis Navnirman IPO Issue Size and Subscription Status

The Modis Navnirman IPO size is 1260000 Equity Shares of ₹10 aggregating up to ₹22.68 Cr.

Modi's Navnirman Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Modis Navnirman IPO shares through the banks (using ASBA) or through the broker (using UPI).

Modis Navnirman IPO Offer Size

Qualified Institutional Buyers (QIB)0 Shares
Non-Institutional Investors (NII)596,000 Shares
Retail Individual Investor (RII)596,000 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size1,192,000 Shares

Modis Navnirman IPO IPO Subscription Status

Qualified Institutional Buyers (QIB) times
Non-Institutional Investors (NII)2.76 times times
Retail Individual Investor (RII)1.22 times times
Employee Reservations times
Other Reservations times
Total Issue Size1.99 times times

Click here to check the Modis Navnirman IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Modis Navnirman IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Modis Navnirman IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Modis Navnirman IPO Allotment and Listing

The Modis Navnirman IPO allot status will be available online on July 1, 2022. Check the Modis Navnirman IPO Allotment Status here.

Click here to check Modis Navnirman IPO Allotment Status.

Modis Navnirman IPO listing Date is July 6, 2022. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Modis Navnirman IPO listing date and time is published by the exchange in a circular.

Click here to view the Modis Navnirman IPO Basis of Allotment.

It is hard to say at what price Modis Navnirman IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Modis Navnirman IPO shares will list on July 6, 2022 at BSE SME.

Modis Navnirman IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Modis Navnirman IPO which could help you with questions like Modis Navnirman IPO buy or not? You should also read Modis Navnirman IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Modis Navnirman IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Modis Navnirman IPO performance. The performance reports are available 1 day after listing.