Navoday Enterprises IPO Subscription Details (Live Status)

Navoday Enterprises IPO Details

IPO Open Jun 14, 2021
IPO Close Jun 17, 2021
IPO Price ₹20
Face Value ₹10
IPO Size ₹4.61 Cr
Listing At BSE SME
Lot Size 6000
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Navoday Enterprises IPO Subscription Status Live

Navoday Enterprises IPO subscribed 2.36 times. The public issue subscribed 4.44 times in the retail category, [.] times in QIB, and 0.29 times in the NII category by Jun 17, 2021.

Investor CategorySubscription (times)
Qualified Institutions[.]
Non-Institutional Buyers0.29
Retail Investors4.44

Navoday Enterprises IPO Subscription Details (times)

Day 1
Jun 14, 2021
Day 2
Jun 15, 2021
Day 3
Jun 16, 2021
Day 4
Jun 17, 2021

Navoday Enterprises IPO Shares Offered

Navoday Enterprises IPO is a public issue of 2,184,000 equity shares. The issue offers 1,092,000 shares to retail investors, 0 shares to qualified institutional buyers, and 1,092,000 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.

    NII category has two subcategories:

    1. sNII (bids below Rs 10L)

      The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).

    2. bNII (bids above Rs 10L)

      The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

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Navoday Enterprises IPO Subscription FAQs

The Navoday Enterprises IPO is subscribed 2.36 by Jun 17, 2021.

Navoday Enterprises IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional[.]
Non Institutional0.29
Retail Individual4.44
Employee Reservations[.]
Total Subscription2.36

Retail category of Navoday Enterprises IPO subscribed 4.44 times as of date Jun 17, 2021. The public issue closes on Jun 17, 2021 for bidding.

An investor can apply in Navoday Enterprises IPO online via bank (using ASBA) or the broker (using UPI). The Navoday Enterprises IPO shares are offered online only.

The Navoday Enterprises IPO is subscribed 2.36 by Jun 17, 2021.

The Navoday Enterprises IPO allotment status is expected on or around Jun 21, 2021. Visit Navoday Enterprises IPO allotment status to check.

The Navoday Enterprises IPO listing date is Friday, June 25, 2021. The equity share of Navoday Enterprises Limited will list on BSE SME.

Visit Navoday Enterprises IPO subscription status page for real-time bidding information about Navoday Enterprises IPO.

Navoday Enterprises IPO Timetable

IPO Opens OnJun 14, 2021
IPO Closes OnJun 17, 2021
Finalisation of Basis of AllotmentJun 21, 2021
Initiation of RefundsJun 22, 2021
Credit of Shares to Demat AccountJun 23, 2021
IPO Listing DateJun 24, 2021