Novateor Research Lab Smiloshine IPO Dates, Review, Price Band, IPO Allotment & Market Lot

Novateor Research Lab (Smiloshine) incorporated in 2011 based in Gujarat. The company is a developer of novel personal care products. They are mainly known as teeth whitening products developer with brand name SmiloShine. The product range includes Whitening Toothbrush, Teeth Whitening Charcoal Gel Strips and Teeth Whitening Strips. They are planning to extend their business in health care pharma products, speciality pharma and cosmetics in future. Novateor Research Lab Smiloshine ipo is BSE SME IPO. Novateor Research Lab Smiloshine ipo is starting from 30-August and ends on 04-September. The price band is around ₹24 with 6000 market lot. The ipo size is around ₹4.49 rupees.

Novateor Research Lab Smiloshine IPO Review:

• Avoid

Novateor Research Lab Smiloshine IPO Dates & Price Band:

IPO Open:	30-Aug-2019
IPO Close:	04-Sep-2019
IPO Size:	Approx ₹4.49 Crore (Approx)
Face Value:	₹10 Per Equity Share
Price Band:	₹24 Per Share
Listing on:	BSE SME
Retail Portion:	50%
Equity:	1,872,000 Shares

Novateor Research Lab Smiloshine IPO Market Lot:

• Shares: Apply for 6,000 Shares (Minimum Lot Size)
• Amount: ₹1,44,000

Novateor Research Lab Smiloshine IPO Allotment & Listing:

• Basis of Allotment: 09-Sep-2019
• Refunds: 11-Sep-2019
• Credit to demat accounts: 12-Sep-2019
• Listing: 13-Sep-2019

Financial Results:

₹ in Crore
	Revenue	Expenses	PAT
2015	–	–	–
2016	–	–	–
2017	0.16	0.16	0.03
2018	0.11	0.11	0.01
2019	0.51	0.22	0.22

Novateor Research Lab Smiloshine IPO Important Links:

• Grey Market Premium
• IPO Subscription Numbers

• IPO Allotment Status
  

Company Promoters:

• Mr. Navdeep Subhashbhai Mehta
• Mrs. Tejal Navdeep Mehta

Quick Links:
Draft Red Herring Prospectus
Red Herring Prospectus

IPO Registrar:
Karvy Computershare Private Limited
Karvy Registry House, 8-2-596, St. No. 1,
Banjara Hills, Hyderabad – 500 034
Andhra Pradesh, India
Phone: +91-40-23312454
Email: [email protected]
Website: https://karisma.karvy.com/ 

IPO Lead Managers:

• First Overseas Capital Limited

Company Address:
Novateor Research Laboratories Ltd
B-1001,10th Floor, Block B, Titanium City Center,
Nr Sachin Tower, Anandnagar Rd,100 Ft Rd,
Satellite, Ahmedabad 380015, Gujarat, India
Phone: +91 79 4039 5888/ 63533 4
Email: [email protected]
Website: http://www.novateor.com/