Nanavati Ventures Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

25 Apr 2022

Close Date

27 Apr 2022

Allotment

02 May 2022

Listing Date

06 May 2022

Exchange

BSE SME

Price Band

₹50

Listing Price

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Allotment Status

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Price Band

₹50

Per share

Face Value

₹10 per share

Lot Size

3,000 Shares

per lot

Issue Size

4,38,000 shares (aggregating up to ₹2.19 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹150,000

1 lot

Pre-IPO Holding

12,10,000 shares

Promoters

Post-IPO Holding

16,46,000 shares

Promoters

P/E (Pre)

61.73x

UPI Deadline

2022-04-27

Mandate

Anchor AllotmentSun, 24 Apr 2022

Basis of AllotmentMon, 02 May 2022

Refund InitiationWed, 04 May 2022

Demat CreditThu, 05 May 2022

Listing DayFri, 06 May 2022

UPI Mandate Deadline2022-04-27

Sale TypeFresh Capital

Net Offer to Public4,14,000 shares (aggregating up to ₹2.07 Cr)

Market Maker Quota24,000 shares (aggregating up to ₹0.1200 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

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Subscription Rate Final

Nanavati Ventures Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 27 Apr 2022.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	24,000	—	₹0.12
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	436,000	100%	₹2.18

IPO Shares Offered

Nanavati Ventures Ltd. IPO total issue size: ₹2.18 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	24,000	₹0.12	5.50%
Total	436,000	₹2.18	100.00%

* Based on upper price band ₹50 per share

Lot Size & Investment

Lot Size

3,000

Shares per Lot

Issue Price

₹50.00

Upper Band

Min Investment

₹150,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	6,000	₹300,000
Retail (Max — 13 Lots)	13	39,000	₹1,950,000
S-HNI (Min — 14 Lots)	14	42,000	₹2,100,000
B-HNI (Min — 68 Lots)	68	204,000	₹10,200,000

* Issue Price ₹50 × Lot Size 3,000 shares

IPO Schedule

Anchor

24 Apr 2022

✓ Done

IPO Open

25 Apr 2022

✓ Done

IPO Close

27 Apr 2022

✓ Done

Allotment

02 May 2022

✓ Done

Refunds

04 May 2022

✓ Done

Demat Credit

05 May 2022

✓ Done

Listing Day

06 May 2022

✓ Done

₹50.00

INR · BSE

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Issue ₹50.00 Live Price

About Nanavati Ventures Ltd.

Incorporated in 2010, Nanavati Ventures Limited is a Diamond Trading company. The company sells diamonds largely to a domestic customer base that includes jewellery manufacturers, large department store chains, retail stores, and wholesalers. The company is located in Surat, Gujarat.Nanavati Ventures purchases rough and unpolished diamonds from suppliers, and then professional workers process and polish those rough gemstones for the end product. The company's products are sold and distributed through independent sales and distribution networks.Competitive Strengths.The established brand.Management and Employee expertise.Understand Customer Needs.Existing distribution and sales networks in the domestic market and our geographical benefit.Quality products.

Objects of the Issue

1 To meet Working Capital requirements

2 General Corporate Purpose

Nanavati Ventures Ltd. Financials (Amount in Lakhs)

Revenue from Operations

₹595.1

31-Mar-20

₹1,131.7

31-Mar-21

₹1,049.5

31-Dec-21

Profit After Tax (PAT)

₹5.4

31-Mar-20

₹12.0

31-Mar-21

₹10.0

31-Dec-21

Particulars	31-Dec-21	31-Mar-21	31-Mar-20
Revenue from Operations	1049.52	1131.70	595.10
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	9.98	11.97	5.39
Net Worth	N/A	N/A	N/A
Total Assets	1417.95	663.55	286.88
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered4,36,000 (100.00%)

Net Offer to Public4,14,000 shares (aggregating up to ₹2.07 Cr)

Reserved for Market Maker24,000 shares (aggregating up to ₹0.1200 Cr)

Pre-Issue Promoter Holding12,10,000 shares

Post-Issue Promoter Holding16,46,000 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Kfin Technologies Ltd.

04067162222, 04079611000

nvl.ipo@kfintech.com

https://ipostatus.kfintech.com/

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Book Running Lead Managers

First Overseas Capital Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Nanavati Ventures Ltd. IPO subscribed? ▲

Nanavati Ventures Ltd. IPO is subscribed 1.00 times by Apr 27, 2022. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Nanavati Ventures Ltd. IPO retail subscription status? ▼

The Nanavati Ventures Ltd. IPO retail category is subscribed 1.00 times as of 27 Apr 2022. The retail portion is oversubscribed.

How to subscribe Nanavati Ventures Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 25 Apr 2022 and closes 27 Apr 2022. Min investment: ₹150,000 (1 lot = 3,000 shares). UPI mandate: 2022-04-27.

How many times Nanavati Ventures Ltd. IPO subscribed? ▼

The Nanavati Ventures Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Nanavati Ventures Ltd. IPO allotment? ▼

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 02 May 2022. Refunds: on 04 May 2022.

When Nanavati Ventures Ltd. IPO will be listed? ▼

The Nanavati Ventures Ltd. IPO listing date is 06 May 2022, Friday. Listed on: BSE SME. Issue price: ₹50. Estimated listing: ₹50. GMP: NIL.

When Nanavati Ventures Ltd. IPO close? ▼

The Nanavati Ventures Ltd. IPO closes on 27 Apr 2022, Wednesday. UPI mandate: 2022-04-27. Allotment: 02 May 2022. Listing: 06 May 2022.

Quick Actions

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Live Price LIVE

Last Price₹50.00

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Issue Price₹50.00

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Quick Summary

StatusListed

Issue Price₹50

Face Value₹10

Lot Size3,000 Sh

Min. Amount₹150,000

GMPNIL

Est. Listing₹50

Subscribed1.00x

Open Date25 Apr 2022

Close Date27 Apr 2022

Allotment02 May 2022

Listing Date06 May 2022

ExchangeBSE SME

UPI Deadline2022-04-27