Navoday Enterprises IPO - Grey Market, GMP & Reviews

IPO Details

Issue Date 14 Jun 2021 - 17 Jun 2021
Issue Size ₹4.61 Cr
Issue Price ₹20
Market Lot 6000 Shares
Shares on Offer 2,304,000
Registrar
GMP N/A
Kostak N/A
Subject to Sauda N/A
Listing Date N/A
Listing Price N/A
Listing Gain% N/A

About Navoday Enterprises Limited

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.

Navoday Enterprises Ltd, a marketing and event management company, is set to open its initial public offering on 14 June with a price band fixed at ₹20 apiece.

The firm will raise nearly ₹46.08 crore and the issue will close on 17 June.

Company Promoters

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

Company Financials

Particulars 31-Mar-20 31-Mar-19 31-Mar-18
Total Assets (In ₹ Millions) 1,378.57 513.12 531.14
Total Revenue (In ₹ Millions) 4,827.24 1,651.70 2,311.96
Profit After Tax (PAT) (In ₹ Millions) 112.77 35.07 55.67

Navoday Enterprises Limited IPO Reviews

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Subscription Details

Date & Time QIB NII RII Total
Day 1 - 14 Jun 2021
Day 2 - 15 Jun 2021
Day 3 - 16 Jun 2021
Day 4 - 17 Jun 2021

Allotment Status

Please click the link below to check the IPO allotment status.

IPO Allotment Status

Navoday Enterprises Limited IPO FAQs

  1. When will Navoday Enterprises Limited IPO open?

    Navoday Enterprises Limited IPO will open on 14 Jun 2021 and close on 17 Jun 2021.

  2. What is the listing date of Navoday Enterprises Limited IPO?

    Navoday Enterprises Limited IPO will list on .

  3. What is the offer price of Navoday Enterprises Limited IPO?

    The offer price of Navoday Enterprises Limited IPO is ₹20.

  4. What is the lot size of Navoday Enterprises Limited IPO?

    The lot size of Navoday Enterprises Limited IPO is 6000.

  5. What is the Grey Market Premium (GMP) price of Navoday Enterprises Limited IPO?

    The Grey Market Premium (GMP) price of Navoday Enterprises Limited IPO is Not Available at the moment.

  6. What is the Kostak price of Navoday Enterprises Limited IPO?

    The Kostak price of Navoday Enterprises Limited IPO is Not Available at the moment.

  7. What is the Subject to Sauda price for Navoday Enterprises Limited IPO?

    The Subject to Sauda price for Navoday Enterprises Limited IPO is Not Available at the moment.

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