Modi’s Navnirman IPO Details – Modi’s Navnirman IPO price and dates are fixed. The opening date of Modi’s Navnirman IPO is 23 Jun 2022 and the closing date is 28 June 2022. The company is going to raise ₹22.68 Cr through IPO and the issue type is Fixed Price. The Face Value of Modi’s Navnirman IPO is Rs 10/share. The reservation sequence is QIB=-%, NII= 50%, and RII= 50%.
The company is established in 2015 and is located in Mumbai. Modi’s Navnirman engaged in the business of the real estate. The ongoing projects of Modi’s Navnirman are Rashmi Sadhna, Rashmi Sheela, Rashmi Terrace, Rashmi Heights, Rashmi Kavita, etc.
Modi’s Navnirman IPO Review
For Long Term:- updating soon
For Listing Gain:- Check GMP before applying
Modi’s Navnirman GMP Today
| Date | GMP |
|---|---|
| 20 June 2022 | ₹ |
| 19 June 2022 | ₹ |
| 18 June 2022 | ₹ |
Modi’s Navnirman Financial Report ₹(in lakhs)
| Year | Revenue | PAT | Assets |
|---|---|---|---|
| Mar 20 | 2195.46 | 139.78 | 998.48 |
| Mar 21 | 1322.34 | 37.83 | 735.21 |
| Mar 22 | 1151.07 | 132.7 | 3098.29 |
Modi’s Navnirman IPO Date & Details
It is a Fixed issue type IPO with an IPO Size of ₹22.68 cr and it will list on SME as well as on BSE.
| IPO Open Date | 23 Jun 2022 |
| IPO Close Date | 28 Jun 2022 |
| IPO Size | ₹22.68 cr (1,260,000) |
| Issue Type | Fixed type issue |
| Fresh Issue | ₹22.68 Cr(1,260,000 Shares) |
| Offer For sale | ₹ – |
| Face Value | ₹10/Equity share |
| Price Band | ₹180 per Share |
| List On | SME & BSE |
| DRHP | Click Here |
| GMP | Click Here |
Objective
The main objective of Modi’s Navnirman to raise fund through IPO are:
- General Corporate Purposes
- To invest in a subsidiary company
Modi’s Navnirman IPO Market Lot Size
In Modi’s Navnirman issuing 1,260,000 shares of 22.68Cr out of which a Retail Individual investor can apply for 1 lot in which they get 800 shares and the payable amount is Rs144,200
| Minimum Lot Size | 1 Lot, 800 Shares |
| Minimum Amount | ₹144,000 |
| Maximum Lot Size | 1 Lot, 800 Shares |
| Maximum Amount | ₹144,000 |
Click Here to Check Upcoming IPO of 2022
You Must Also Read This:-
IPO Time Table
Modi’s Navnirman IPO Open date is 23 June and the closing date is 28 June. The Allotment date is 01 July and the Listing Date is 06 July 2022.
| IPO Open Date | 23 June 2022 |
| IPO Close Date | 28 June 2022 |
| Allotment Date | 01 July 2022 |
| Refund Date | 04 July 2022 |
| Credit to Demat Account | 05 July 2022 |
| Listing Date | 06 July 2022 |
Modi’s Navnirman Company Promoters
- Company Promoters
- Dineshkumar Modi
- Rashmi Modi
- Mahek Modi
Peer Competitor
- Arihant Superstructures Limited
- KBC Global Limited
- Ajmera Realty & Infra India Limited
- Hubtown Limited
- Godrej Properties Limited
- Macrotech Developers Limited
- Vascon Engineers Limited
Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Address
Modi’s Navnirman Limited
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/
FAQ
What is the Price Band of Modi’s Navnirman IPO?
What is the Apply date of the Modi’s Navnirman?
What is the size of Modi’s Navnirman IPO?
What is the Modi’s Navnirman allotment Date?
What is the listing date Of Modi’s Navnirman IPO?
How to Apply Modi’s Navnirman IPO through Zerodha?
2. Go to Portfolio and Click on IPO.
3. You will see the IPO Name “Modi’s Navnirman”. Click on Bid Button.
4. Enter your UPI ID, Quantity, and Price.
5. Submit IPO Application Form.
6. Now go to your UPI App on Net Banking or BHIM App to Approve the payment process.
How to Apply Modi’s Navnirman IPO through Upstox App?
2. Go to Portfolio and Click on IPO.
3. You will see the IPO Name “Modi’s Navnirman”. Click on Bid Button.
5. Enter your UPI ID, Quantity, and Price.
e. Submit IPO Application Form.
7. Now go to your UPI App on Net Banking or BHIM App to Approve the payment process.
How to Apply Modi’s Navnirman IPO Groww App?
2. Now you can see IPOs and Click on IPO.
. You will see the IPO Name “Modi’s Navnirman”.
4. Click on Bid Button.
5. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form.
6. Now go to your UPI App on Net Banking or BHIM App to approve the payment process.
How to Apply Modi’s Navnirman IPO through Paytm Money App?
2. Now you can see Invest is IPOs Section and Click on IPO.
3. You will see the IPO Name “Modi’s Navnirman”.
4. Click on Bid Button.
5. Enter your UPI ID, Quantity, and Price.
6. Submit IPO Application Form.
7. Now go to your UPI App on Net Banking or BHIM App to Approve the payment process.
Conclusion:- I hope this article is helpful for you if you have any queries regarding IPO and upcoming IPO you can comment down below.