Modi's Navnirman Limited IPO Review
Modi's Navnirman IPO Overview
Modi’s Navnirman Limited is a financial company founded in 2015. The firm provides construction services. Modi’s Navnirman business strategy focuses on designing and producing goods to meet the demands of consumers across a range of pricing ranges.
The firm currently has two ongoing and two incoming residential projects, as well as three ongoing and three upcoming residential-cum-commercial projects.
All of Modi’s Navnirman completed, continuing, and planned projects are in Mumbai. The project names at the firm begin with the word “Rashmi” (such as “Rashmi Sheela”, “Rashmi Sadhna”, “Rashmi Terrace”, etc).
Modi's Navnirman IPO Details
Modis Navnirman IPO Date | Jun 23, 2022 to Jun 28, 2022 |
Modis Navnirman IPO Face Value | ₹10 per share |
Modis Navnirman IPO Price | ₹180 per share |
Modis Navnirman IPO Lot Size | 800 Shares |
Issue Size | 1,260,000 shares of ₹10 (aggregating up to ₹22.68 Cr) |
Fresh Issue | 1,260,000 shares of ₹10 (aggregating up to ₹22.68 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | BSE SME |
Retail Shares Offered | 50% of the net offer |
NII (HNI) Shares Offered | 50% of the net offer |
Company Promoters | Dineshkumar Modi, Rashmi Modi and Mahek Modi are the company promoters. |
Modi's Navnirman IPO Financial Performance
Period Ended | Total Assets | Total Revenue | Profit After Tax |
31-Mar-20 | 998.48 | 2195.46 | 139.78 |
31-Mar-21 | 735.21 | 1322.34 | 37.83 |
31-Mar-22 | 3098.29 | 1151.07 | 132.7 |
Modi's Navnirman IPO Key Ratios
Earnings Per Share (EPS): INR4.47
Pre-IPO Price/Earnings (PE ratio): 40.27
Return on Net Worth (RONW): 34.81%
Net Asset Value (NAV): INR12.84 per share
Listing Performance of Modi's Navnirman IPO
Listed On : BSE SME
Issue Price : ₹180 per share
Listing Day Close :
Listing Day Gain :
Modi's Navnirman IPO GMP Trend
NSE : NA
ISIN CODE : INE0L0L01012
BSE : NA
Modi's Navnirman IPO Allotment Status
Modi's Navnirman IPO Brokers Reviews & Rating
Updated Soon.
Modi's Navnirman IPO Important Dates
Event | Date |
Modis Navnirman IPO Opening Date | Jun 23, 2022 |
Modis Navnirman IPO Closing Date | Jun 28, 2022 |
Basis of Allotment | Jul 1, 2022 |
Initiation of Refunds | Jul 4, 2022 |
Credit of Shares to Demat | Jul 5, 2022 |
Modis Navnirman IPO Listing Date | Jul 6, 2022 |
Modi's Navnirman IPO Contact Details
Shop No. 5, CTS 947/A,
Rashmi Tara Datta Mandir,
Kandivali (West), Mumbai- 400067
Phone: 98199 89100
Email: info@modisnirman.com
Website: https://modisnirman.com/
Modi's Navnirman IPO Registrar Contact Details
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Modi's Navnirman IPO Subscription Details
Updated Soon.
Modi's Navnirman IPO FAQ's
The Modis Navnirman IPO is a BSE SME IPO of ₹180 per share with a face value of 10 per equity share.
The issue size is priced at 1,260,000 shares of ₹10 (aggregating up to ₹22.68 Cr).
The fresh issue size priced at 1,260,000 shares of ₹10 (aggregating up to ₹22.68 Cr).
The initial public offering (IPO) begins on June 23, 2022 and ends on July 28, 2022.
The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and SME.
The Modis Navnirman IPO opens on June 23, 2022 and closes on July 28, 2022.
Modis Navnirman IPO Market lot size is 800 Shares and the minimum order quantity is 800 Shares.
The finalisation of Basis of Allotment for Modis Navnirman IPO will be done on July 1, 2022. and the allotted shares will be credited to your demat account by July 5, 2022. Check the Modis Navnirman IPO status.
The Modis Navnirman IPO listing date is on July 6, 2022.
Modis Navnirman IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
Modi's Navnirman IPO Comments
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