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Home All IPOs Modi's Navnirman Ltd. IPO

Modi's Navnirman Ltd. IPO

BSE SME Fixed Price IPO Fresh Capital Closed
GMP +₹0 +0% Est. Listing ₹180
Issue Price
₹180
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹180
GMP based
Lot Size
800
shares / lot
Min Amount
₹144,000
1 lot · 800 shares
Opens
23 Jun
Closed
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
23 Jun 2022
Thu Completed
Done
Close Date
28 Jun 2022
Tue Completed
Done
Allotment
01 Jul 2022
Fri Completed
Done
Refund
04 Jul 2022
Mon Completed
Done
Demat Credit
05 Jul 2022
Tue Completed
Done
Listing Date
06 Jul 2022
Wed Completed
UPI Deadline: 28 Jun 2021
Issue Details
Pricing & Size
Issue Price
₹180 Face ₹10
Lot Size
800 shares
Min Investment
₹144,000
Total Issue Size
12,60,000 shares (aggregating up to ₹22.68 Cr)
IPO Information
Issue Type
Fixed Price IPO
Sale Type
Fresh Capital
Listing Exchange
BSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
68,000 (5.40%)
QIB Portion
-
NII / HNI
5,96,000 (47.30%)
Retail
5,96,000 (47.30%)
Employee
-
Net Offer to Public
11,92,000 shares (aggregating up to ₹21.46 Cr)
Shareholding Pattern
Pre-Issue Shareholding
29,70,000 shares
Post-Issue Shareholding
42,30,000 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 800 ₹1,44,000
HNI / NII 2 1,600 ₹2,88,000
Objects of Issue
2 objectives
1
1. Investment in subsidiary company - SMNPL for Repayment of its outstanding unsecured loans.
2
2. General Corporate Purpose.
Lead Managers & Market Maker
Book Running Lead Managers
Aryaman Financial Services Ltd.
Market Maker
Aryaman Capital Markets Ltd.
IPO Timeline
Open
23 Jun
✓ Done
Close
28 Jun
✓ Done
Allotment
01 Jul
✓ Done
Listing
06 Jul
✓ Done
Registrar Details
Bigshare Services Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-6263 8200
Email
ipo@bigshareonline.com
Company Contact
Email
info@modisnirman.com
Phone
98199 89100
Address
Shop No. 5, CTS 947/A, Rashmi Tara Datta Mandir, Kandivali (West) Mumbai, Maharashtra, 400067
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹180
Est. Listing
₹180
Lot Size
800 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
GMP Updates
No GMP updates recorded yet. Every time the GMP changes, the date and time are saved here automatically.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB — — — —
NII / HNI (Total) — 5,96,000 (47.30%) — —
Retail Investors — 5,96,000 (47.30%) — —
Market Maker * 1× 68,000 (5.40%) 68,000 (5.40%) ₹12.24 Cr
Total ** — 12,60,000 (100.00%) — —
* Based on ₹180.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
NII
5,96,000 (47.30%)
Retail
5,96,000 (47.30%)
Market Maker
68,000 (5.40%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Day-wise Subscription
Day-wise subscription (Day 1, Day 2 ...) will appear here once the IPO is open and bidding numbers are recorded.
Financial Summary
Amount in Lakhs
Metric31-Mar-2031-Mar-2131-Mar-22
Revenue2195.461322.341151.07
PAT139.7837.83132.70
EBITDA———
Net Worth———
Total Assets998.48735.213098.29
Reserves———
Borrowings———
Key Financial Ratios
57.32
Pre P/E
P/E Pre-Issue
About Modi's Navnirman Ltd.

Incorporated in 2015, Modi's Navnirman Limited is a real estate company. The company is engaged in construction services. Modi's Navnirman business model focuses on designing and developing products to address consumer needs across price points.

Currently, the company has 2 Ongoing and 2 upcoming residential projects and 3 Ongoing and 3 upcoming Residential-cum-Commercial projects.

Modi's Navnirman's all the completed, ongoing and upcoming projects are located in Mumbai. The company's project names begin with the word "Rashmi" (such as "Rashmi Sadhna", "Rashmi Sheela" "Rashmi Terrace", etc).


Competitive Strengths:

  • Experienced Management Team.
  • Established brand and reputation.
  • Proven execution capabilities.
  • Strong project pipeline providing cash flow visibility
Frequently Asked Questions
What is the issue price of Modi's Navnirman Ltd. IPO?
The issue price of Modi's Navnirman Ltd. IPO is ₹180 per share, face value ₹10.
What is the lot size?
Minimum lot size is 800 shares, requiring ₹144,000.
What are the IPO dates?
Opens 23 Jun 2022, closes 28 Jun 2022.
When is the listing date?
Tentative listing: 06 Jul 2022 on BSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹180 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Modi's Navnirman Ltd. IPO · Expected 01 Jul 2022

Check on Registrar
Post-IPO Timeline
Allotment Date
01 Jul 2022
Refund Initiation
04 Jul 2022
Demat Credit
05 Jul 2022
Listing Date
06 Jul 2022
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹180
Face ₹10
Lot Size
800
shares / lot
Min Amount
₹144,000
1 lot
Est. Listing
₹180
GMP +₹0
Key Dates
Open
23 Jun Done
Close
28 Jun Done
Listing
06 Jul Done
Registrar
Bigshare Services Pvt.Ltd.
A
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