Nifty  15752.05  -28.20  (-0.18%)

Sensex  52907.93  -111.01  (-0.21%)

USDINR  79.00  -0.04  (-0.05%)

Nanavati Ventures Ltd
Registered Office:
S-414 OM Plaza Adarsh App Co,Op Ho Soc Village Vajalpor, Navsari - 396445, Gujarat, India.
Initial Public Issue of 4,38,000 equity shares of face value of Rs. 10 each ("equity shares") of Nanavati Ventures Limited ("the company" or "the issuer company") for cash at a price Rs. 50 per equity share (including a share premium of Rs. 40 per equity share) ("issue price") aggregating to Rs. 2.19 Crores ("the issue"), of which 24,000 equity shares of face value of Rs. 10 each for a cash price of Rs. 50 per equity share, aggregating to Rs. 0.12 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 Rs. 10 each at an issue price of Rs. 50 per equity share aggregating to Rs. 2.06 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 Rs. 10 each and the issue price of Rs. 50 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
Opens On Closes On
25-Apr-22 27-Apr-22
Money Payable On
Application Allotment
50.00 0.00
Minimum Application for shares in Nos : 3000  Further Multiples of : 3000
()(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 () 50.00  
Projects
To Meet Working Capital Requirements
General Corporate Purpose
Promoted By
Kashmira Hemantkumar Nanavati
Shreykumar Hasmukhbhai Sheth
Vaishnavi Hemantkumar Nanavati
Listing At
BSE - SME
Registrar to the Issue