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Modi’s Navnirman IPO Date, GMP, Price, Allotment & Analysis

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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

    Modi’s Navnirman IPO Review

    • Avoid

    Modi’s Navnirman IPO GMP Live Rates day by day with Kotak rates.

    Date
    GMP
    KostakSubject 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
    RevenueExpensePAT
    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/

      Modi’s Navnirman IPO FAQs

      What is Modi’s Navnirman IPO?

      Modi’s Navnirman IPO is an BSE SME IPO. They are going to raise ₹22.68 Crores via IPO. The issue is priced at ₹180 per equity share. The IPO is to be listed on BSE.

      When Modi’s Navnirman IPO will open?

      The IPO is to open on June 23, 2022 for NII, and Retail Investors.

      What is Modi’s Navnirman IPO Investors Portion?

      The investors’ portion for QIB is -%, NII is 50%, and Retail is 50%.

      How to Apply the Modi’s Navnirman IPO?

      You can apply Modi’s Navnirman IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

      How to Apply the Modi’s Navnirman IPO through Zerodha?

      Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Modi’s Navnirman”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

      How to Apply the Modi’s Navnirman IPO through Upstox?

      Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Modi’s Navnirman”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

      How to Apply the Modi’s Navnirman IPO through Paytm Money?

      Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Modi’s Navnirman”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

      What is Modi’s Navnirman IPO Size?

      Modi’s Navnirman IPO size is ₹22.68 crores.

      What is Modi’s Navnirman IPO Price Band?

      Modi’s Navnirman IPO Price Band is ₹180 per equity share.

      What is Modi’s Navnirman IPO Minimum and Maximum Lot Size?

      The IPO bid is 800 shares with ₹144,000.

      What is Modi’s Navnirman IPO Allotment Date?

      Modi’s Navnirman IPO allotment date is July 1, 2022.

      What is Modi’s Navnirman IPO Listing Date?

      Modi’s Navnirman IPO listing date is July 6, 2022. The IPO to list on BSE SME.

      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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