Nanavati Ventures IPO Details

Nanavati Ventures IPO subscription is to open on 25 April and will close on 27 April 2022, Nanavati Ventures is engaged in the trading of diamonds majorly in Surat, Gujarat. Check the Nanavati Ventures Subscription Status & Allotment Status.

About Nanavati Ventures

Nanavati Ventures is engaged in the trading of diamonds majorly in Surat, Gujarat. The operations include sourcing of polished and uncut diamonds from primary and secondary source suppliers in the domestic market and sale of diamond to the retail and wholesale operations in Gujarat. Nanavati Ventures primarily sell diamonds to a customer base spread across domestic markets that includes various jewellery manufacturers, large department store chains, retail stores and wholesalers.

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Important Details – Nanavati Ventures

DateDetails
August 10, 2010The company was originally incorporated as “Nanavati Ventures Private Limited”
July 30, 2020The name of the Company changed from “Nanavati Ventures Private Limited” to “Nanavati Ventures Limited” and consequent upon conversion from Private Company to Public Company

Objects of the Issue

  • To meet the working capital requirements of the company
  • To meet the Issue Expenses
  • General Corporate Purpose

Nanavati Ventures Limited Financials:

Summary of financial Information (Restated Consolidated Statement)

Particulars For the year ended (₹ in lakh)
  31-Dec-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 1,417.95 663.55 286.88 186.62
Total income 1,049.52 1,131.70 595.10 55.51
Total Expenses 1,036.54 1,115.95 587.37 55.45
Profit After Tax 9.98 11.97 5.39 0.03

Nanavati Ventures IPO Price – Details

DescriptionNVENTURES IPO Details
Public IssueInitial Public Issue of upto 4,36,000 Equity Shares of ₹ 10 (aggregating up to ₹ 218 lakhs)
Issue Open  Date25-Apr-22
Issue Close Date27-Apr-22
Issue TypeFixed Price
IPO Price Band₹ 50
Face Value ₹ 10
Market Lot 3000 Equity Shares and in multiples thereof
Minimum Order Quantity 3000 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
Listing BSE SME
NSE SymbolNVENTURES
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Nanavati IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum13000₹ 1,50,000
Maximum13000₹ 1,50,000

Nanavati IPO Lead Managers

  • First Overseas Capital Limited

Nanavati IPO Registrar

Nanavati IPO Allotment Date, Listing Date and other Important Dates

DetailsImportant Date
Bid / Offer Opens on25-Apr-22
Bid / Offer Closes on27-Apr-22
Finalisation of Basis of Allotment02-May-22
Initiation of refunds 04-May-22
Credit of the Equity Shares05-May-22
Listing Date06-May-22

Company Peers – Comparison of Accounting Ratios

Name of CompanyFace Value EPS (Basic)
(₹)
Sales (in lakhs)
Nanavati Ventures Limited101.73779.06
Narbada Gems and Jewellery Ltd101.973801.00
Tribhovandas Bhimji Zaveri
Limited
103.49134199.40

Company Registered Office

S-414, OM Plaza,
Adarsh App. Co. Op.
Ho. Soc., Village: Vijalpor,
Taluka: Jalalpore,
Navsari – 396445,
Gujarat, India;
Website: www.nventures.co.in

Company Promoters

  • Mrs. Kashmira Hemantkumar Nanavati
  • Mr Shreykumar Hasmukhbhai Sheth
  • Ms Vaishnavi Hemantkumar Nanavati

Nanavati IPO – FAQS

What is the Nanavati IPO Price?

The Nanavati IPO price band is 50 per share

When Nanavati Ventures IPO will open?

The Nanavati IPO opens on Apr 25, 2022 and closes on Apr 27, 2022

What is the lot size of Nanavati Ventures IPO?

The Nanavati Ventures IPO lot size is 3000 Equity Shares and the minimum order quantity is 3000 Equity Shares

Who is the Registrar for Nanavati Ventures IPO?

The Registrar for Nanavati Ventures IPO is KFin Technologies Private Limited

How to apply in Nanavati Ventures IPO through UPI?

Check the step by step process here – Click here

How to apply in Nanavati Ventures IPO through Zerodha?

Check the step by step process here – Click here

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