Modi’s Navnirman IPO date is fixed, The IPO is to open on June 23 and will close on June 28, 2022. Modi’s Navnirman Limited was incorporated in 2015 and is based in Mumbai. They are a real estate company engaged in construction services. They have 2 ongoing and 2 upcoming residential projects. They have 3 ongoing and 3 upcoming residential cum commercial projects.
Their projects are located in Mumbai. Their ongoing projects are Rashmi Enclave, Rashmi Jewel, Rashmi Terrace, Rashmi Heights, and Rashmi Kavita and the upcoming projects are Rashmi Celestia and Rashmi Square. Few of their completed project names are Badshah Residency, Rashmi Kunj, Mrunali, Rashmi Sadhna, Rashmi Sheela, Rashmi Chaya, and Rashmi Tara.
Modi’s Navnirman is a BSE SME IPO to raise ₹22.68 crores via IPO. The Modi’s Navnirman IPO price band is fixed at ₹180 with a market lot of 800 shares. You can check Modi’s Navnirman IPO subscription status and Modi’s Navnirman IPO allotment status on their respective pages.
Modi’s Navnirman IPO Review
- Avoid
Modi’s Navnirman IPO GMP Live Rates day by day with Kotak rates.
| Date | GMP | Kostak | Subject to |
| 5 July | ₹- | ₹- | ₹- |
| 30 June | ₹- | ₹- | ₹- |
| 22 June | ₹- | ₹- | ₹- |
Modi’s Navnirman IPO Date & Price Band
| Modi’s Navnirman IPO Open: | June 23, 2022 |
| Modi’s Navnirman IPO Close: | June 28, 2022 |
| Modi’s Navnirman IPO Size: | Approx ₹22.68 Crores |
| Face Value: | ₹10 Per Equity Share |
| Modi’s Navnirman IPO Price Band: | ₹180 Per Equity Share |
| Modi’s Navnirman IPO Listing on: | BSE SME |
| Retail Quota: | 50% |
| QIB Quota: | -% |
| NII Quota: | 50% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Modi’s Navnirman IPO Market Lot
The Modi’s Navnirman IPO minimum market lot is 800 shares with a ₹144,000 application amount.
| IPO Lot Size: | Minimum 800 Shares for 1 lot |
| Minimum Amount: | ₹144,000 for 1 lot |
Modi’s Navnirman IPO Allotment & Listing Dates
The Modi’s Navnirman IPO date is June 23 and the IPO close date is June 28. The IPO allotment date is July 1 and the IPO June list on July 6.
| Modi’s Navnirman IPO Open Date: | June 23, 2022 |
| Modi’s Navnirman IPO Close Date: | June 28, 2022 |
| Basis of Allotment: | July 1, 2022 |
| Refunds: | July 4, 2022 |
| Credit to Demat Account: | July 5, 2022 |
| Modi’s Navnirman IPO Listing Date: | July 6, 2022 |
Modi’s Navnirman IPO Form
How to apply Modi’s Navnirman IPO? You can apply Modi’s Navnirman IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Modi’s Navnirman IPO in the Invest section. The other option you can apply Modi’s Navnirman IPO via IPO forms download via the BSE website. Check out the Modi’s Navnirman forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.
Modi’s Navnirman Company Financial Report
| ₹ in Crores | |||||
| Revenue | Expense | PAT | |||
| 2019 | ₹- | ₹- | ₹- | ||
| 2020 | ₹21.95 | ₹20.02 | ₹1.40 | ||
| 2021 | ₹13.22 | ₹12.71 | ₹0.38 | ||
| 2022 | ₹11.51 | ₹9.64 | ₹1.33 | ||
Modi’s Navnirman IPO Valuation – FY2022
Check Modi’s Navnirman IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹4.47 per Equity Share |
| Price/Earning P/E Ratio: | 40.27 |
| Return on Net Worth (RoNW): | 34.81% |
| Net Asset Value (NAV): | ₹12.84 per Equity Share |
Peer Group
- Arihant Superstructures Limited
- KBC Global Limited
- Ajmera Realty & Infra India Limited
- Hubtown Limited
- Godrej Properties Limited
- Macrotech Developers Limited
- Vascon engineers Limited
Company Promoters
- Dineshkumar Modi
- Rashmi Modi
- Mahek Modi
Modi’s Navnirman IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
Modi’s Navnirman IPO Allotment Status
Check Modi’s Navnirman IPO allotment status on Bigshare website URL. Click Here
Modi’s Navnirman IPO Lead Managers
- Aryaman Financial Services Limited
Company Address
Modi’s Navnirman Limited
Shop No. 5, CTS 947/A,
Rashmi Tara Datta Mandir,
Kandivali (West), Mumbai- 400067
Phone: 98199 89100
Email: [email protected]
Website: https://modisnirman.com/
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Note: The Modi’s Navnirman IPO details are announced officially. The IPO grey market premium (Modi’s Navnirman IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)
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