Navoday Enterprises Limited IPO Price, GMP, Review, Allotment


Navoday Enterprises IPO is an SME IPO of 2,304,000 equity shares of the presumptive worth of ₹10 totaling up to ₹4.61 Crores. The issue is estimated at ₹20 per equity share. The base request amount is 6000 Shares.

The IPO opens on Jun 14, 2021, and closes on Jun 17, 2021.

Satellite Corporate Services Private Limited is the registrar for the IPO. The shares are proposed to be recorded on BSE SME.


Navoday Enterprises IPO Details

IPO Opening Date Jun 14, 2021
IPO Closing Date Jun 17, 2021
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)


Navoday Enterprises IPO Lot Size

The Navoday Enterprises IPO market lot size is 6000 shares. A retail-individual investor can apply for up to 1 lots (6000 shares or ₹120,000).

Application Lots Shares Amount (Cut-off)
Minimum 1 6000 ₹120,000
Maximum 1 6000 ₹120,000

Navoday Enterprises IPO Promoter Holding

Pre Issue Share Holding 99.98%
Post Issue Share Holding 40.21%


Company Promoters:

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

Company Financials:

Summary of financial Information (Restated Consolidated)
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


About Navoday Enterprises

Incorporated in 2007, Navoday Enterprises Limited works in 3 business verticals 1. Marketing backing and Advertising, 2. Management and Financial Consultancy services, and 3. Component Supply and backing services to manufacturers of bundling and associated machines.

Under the marketing fragment, the organization essentially offers open-air marketing services or out-of-home (OOH) promoting for example hoardings, announcements on streets, roads, thruways, light post sheets, stands, traffic stalls, portable sign trucks, and so on It offers open-air services across Mumbai and Thane. It is additionally occupied with occasion management services wherein it oversees corporate occasions, business occasions, social occasions, brand limited-time occasions, and so forth

The financial consultancy portion gives incorporated answers for marketing research, working capital money, corporate account, financial rebuilding, and so forth Nonetheless, its component supply section supplies basic components for example sealers, timing belts, barring, cutter, ms cutter, brass gear, carbide, sensors, shut collars, and so forth to manufacturers.

Company Contact Information

Navoday Enterprises Limited
D-107, Crystal Plaza, Opposite Infinity Mall
New Link Road, Andheri West,
Mumbai – 400 053,

Phone: +91 22 4968 6123

How to apply in Navoday Enterprises IPO through Zerodha?

Zerodha clients can apply online in Navoday Enterprises IPO utilizing UPI as an installment entryway. Zerodha clients can apply in Navoday Enterprises IPO by login into Zerodha Console (administrative center) and presenting an IPO application form.

Steps to apply in Navoday Enterprises IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the ‘Navoday Enterprises IPO’ row and click the ‘Bid’ button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

More Articles: Financial Solving

How to apply in Navoday Enterprises IPO through Upstox?

Following are the steps to apply for IPO online using Upstox:

  1. Login to your Upstox pro trading website
  2. Go to IPO section
  3. Select the IPO you wish to apply
  4. Enter your UPI ID
  5. Submit the IPO bid


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