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Navoday Enterprises Ltd. to Launch IPO on 14 June

Mumbai, 14 June, 2021: Navoday Enterprises Ltd. to launch Rs. 460.80 Lakhs SME IPO on 14 June, 2021. The IPO will be launched on BSE’s SME platform. The company will make fresh issue of Equity Shares. Initial Public Offer is of 23,04,000 Equity Shares of face value of Rs. 10 each of the Company for cash at a price of Rs. 20 per Equity Share (including a share premium of Rs. 10 per Equity Share) aggregating up to Rs. 460.80 lakhs. The proceeds from the issue will be used for working capital requirements and general corporate purpose. Inventure Merchant Banker and Satellite Corporate Service are the lead managers and registrar to the issue respectively.

The company treats marketing and advertising fundamental to business strategy and revenue management. They provide Outdoor, Print, Ground events/activations and digital marketing. Their primary offering is in outdoor or out-of-home media company also known as OOH advertising. Their offering of outdoor media includes advertising on hoardings, billboards on road, highways, streets, lamp post boards, mobile sign trucks, kiosks, traffic booth etc.
Their outdoor media operations are spread across Mumbai & Thane. They help their clients run a focused campaign in consumer populated areas. The company is focused on cost effective and impactful solutions tailor-made as per our client needs, so that their clients get necessary reach and frequency to further propel their business.

The company is also engaged in Events Management which includes planning, organizing and managing events. Navoday Enterprises manage commercial events, corporate events, cultural events and also small brand promotion events for our clients. They are also engaged in branding and designing through print and online & digital media. They also design various publicity materials for their clients such as Pham plates, brochures, flyers, etc. for their own consumption. The company has in-house design capabilities for the same.

The Company has always believed in the best quality in their services. The Company is dedicated towards quality of their services and adheres to quality standards as prescribed by their clients. The company strives for complete transparency and satisfaction of their clients with an unwavering thrust and focus on professional excellence and integrity.

The company is focused on increasing the number of client relationships and having more number of relationship managers to service these relationships. Their strategy is to increase the number of client relationships and then leverage those client relationships into offering in a whole suite of financial products. Navoday Enterprises believe in offering competitive prices to their customers. This helps the company to sustain the competition and claim a position of strength in the marketplace.