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
- Important Details – Nanavati Ventures
- Objects of the Issue
- Nanavati Ventures Limited Financials:
- Nanavati Ventures IPO Price – Details
- Nanavati IPO DRHP & RHP
- Nanavati IPO Lot Size
- Nanavati IPO Lead Managers
- Nanavati IPO Registrar
- Nanavati IPO Allotment Date, Listing Date and other Important Dates
- Company Peers – Comparison of Accounting Ratios
- Company Registered Office
- Company Promoters
- Nanavati IPO – FAQS
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
| Date | Details |
|---|---|
| August 10, 2010 | The company was originally incorporated as “Nanavati Ventures Private Limited” |
| July 30, 2020 | The 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
| Description | NVENTURES IPO Details |
|---|---|
| Public Issue | Initial Public Issue of upto 4,36,000 Equity Shares of ₹ 10 (aggregating up to ₹ 218 lakhs) |
| Issue Open Date | 25-Apr-22 |
| Issue Close Date | 27-Apr-22 |
| Issue Type | Fixed 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 Investor | Rs. 2,00,000 |
| Listing | BSE SME |
| NSE Symbol | NVENTURES |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Nanavati IPO DRHP & RHP
Nanavati IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 3000 | ₹ 1,50,000 |
| Maximum | 1 | 3000 | ₹ 1,50,000 |
Nanavati IPO Lead Managers
- First Overseas Capital Limited
Nanavati IPO Registrar
Nanavati IPO Allotment Date, Listing Date and other Important Dates
| Details | Important Date |
|---|---|
| Bid / Offer Opens on | 25-Apr-22 |
| Bid / Offer Closes on | 27-Apr-22 |
| Finalisation of Basis of Allotment | 02-May-22 |
| Initiation of refunds | 04-May-22 |
| Credit of the Equity Shares | 05-May-22 |
| Listing Date | 06-May-22 |
Company Peers – Comparison of Accounting Ratios
| Name of Company | Face Value | EPS (Basic) (₹) | Sales (in lakhs) |
| Nanavati Ventures Limited | 10 | 1.73 | 779.06 |
| Narbada Gems and Jewellery Ltd | 10 | 1.97 | 3801.00 |
| Tribhovandas Bhimji Zaveri Limited | 10 | 3.49 | 134199.40 |
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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