IPO IPO-Synopsis
Nanavati Ventures Ltd

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Registered Office: S-414 OM Plaza Adarsh App Co,Op Ho Soc Village Vajalpor , Navsari - 396445 , Gujarat , India.
Phone : 91-9316691337   Fax:
Email :  info@nventures.co.in  
Website :  www.nventures.co.in
Initial Public Issue of 4,38,000 equity shares of face value of Rs10 each ("equity shares") of Nanavati Ventures Limited ("the company" or "the issuer company") for cash at a price Rs50 per equity share (including a share premium of Rs40 per equity share) ("issue price") aggregating to Rs2.19 Crores ("the issue"), of which 24,000 equity shares of face value of Rs10 each for a cash price of Rs50 per equity share, aggregating to Rs0.12 Crores will be reserved for subscription by market maker ("market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 4,12,000 equity shares of face value of Rs10 each at an issue price of Rs50 per equity share aggregating to Rs2.06 Crores (is hereinafter referred to as the "net issue"). The issue and the net issue will constitute 26.49% and 25.03%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs10 each and the issue price of Rs50 i.e. 5.00 times of the face value. Bids can be made foa a minimum of 3000 equity shares and in multiples of 3000 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
25-Apr-22 27-Apr-22 Rs50.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :3000  Further Multiples of :3000

  Rs Cr Lead Managers to the Issue
Project Cost 1.98
First Overseas Capital Ltd
Project Financed through Current Offer 2.19  
Post Issue Equity Share Capital 1.65  
Issue Price Rs50.00  
Projects
To Meet Working Capital RequirementsGeneral Corporate Purpose
Promoted By
Kashmira Hemantkumar Nanavati
Shreykumar Hasmukhbhai Sheth
Vaishnavi Hemantkumar Nanavati
Listing At
BSE - SME 
Registrar to the Issue
KFin Techologies Ltd