Company Navoday Enterprises (IPO) Date Share Price Size Listing Date, Review, GMP & Details with GMP

Read Navoday Enterprises (IPO) Date Share Price Size Listing Date, Review, GMP & Details and company data and Grey market price in Comments, Article Published in Initial public offering section on e akhabaar

Navoday Enterprises is a popular firm and incorporated in 2007. It is working in three various businesses Marketing Support and Advertising, Management and Financial Consultancy Services and Component Supply and support services to manufacturers of packaging and allied machines. The company is ready to itself in the stock market. This IPO will be open from June 14 and will be closed on June 17, 2023. It is a 4.61 Crore issue size IPO. The Price Band has been revealed by the company and as per the details, it is Rs 20 per equity share. To know the various other details stay here till the end.

Navoday Enterprises (IPO) Date

In the past few years, it was noticeable that the company performing very well and capable to grow in the future also. Here is the financial stat of the past few years.

Particulars For the year/period ended (₹ in lakhs)
31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 1,378.57 513.12 531.14
Total Revenue 4,827.24 1,651.70 2,311.96
Profit After Tax 112.77 35.07 55.67

If we talk about the company promoters so we found some names who are the promoters of the firm. These names are Anand V. Mode and Synematic Media and Consulting Private Limited.

This upcoming Navoday Enterprises IPO will be open from June 14, 2023, and according to details, it will close on June 17, 2023.

IPO Open Date Jun 14, 2023
IPO Closing Date Jun 17, 2023
Issue Type Fixed Price Issue IPO
Face Value ₹10 per equity share
IPO Price ₹20 per equity share
Market Lot 6000 Shares
Min Order Quantity 6000 Shares
Listing At BSE SME
Issue Size 2,304,000 Eq Shares of ₹10


(aggregating up to ₹4.61 Cr

Market Lot has been decided and every investor has to buy a minimum of 1 lot which includes 6,000 Shares which will cost around Rs 1,20,000. The maximum lot number is also the same and buyers can buy only 6000 Shares.

Navoday Enterprises Review

If we talk about the Price band then we want to tell you that this IPO will be available soon with the share price of Rs 20 per equity share. While the face value is Rs 10 each.

Navoday Enterprises IPO is all set to list on the both Stock Exchange of India. As per the detail, it will list on National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). You can buy this IPO through any registered stockbroker. There are many other share brokers available in the market even the discount brokers also like Zerodha, Upstox, 5paisa and many more.

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