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Modi’s Navnirman IPO Subscription Status Live Update from BSE

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Modi’s Navnirman IPO subscription status is to start on June 23, Thursday. Modi’s Navnirman is an BSE SME IPO and been subscribed by NII, and Retail investors. They are going to raise ₹22.68 crores via IPO. The IPO price band is fixed at ₹180 with a market lot of 800 shares. 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. The company reported revenues of ₹11.51 in 2022 against revenues of ₹13.22 in 2021. The company’s financial report looks weak and profit is on a lower side. Please check the Modi’s Navnirman IPO subscription status details over here.

IPOWatch View: We recommend investors may apply for an IPO with caution (Avoid). Investors should also look at the Retail and HNI numbers before investing. You can check the Modi’s Navnirman IPO allotment status here.

Modi's Navnirman

    Modi’s Navnirman IPO Subscription Status (Live Update – Day 4)

    Last Updated – 5:00 PM

    CategoryDay 2Day 3Day 4
    NII1.772.092.76
    RII0.190.411.22
    Total0.981.251.99

    Modi’s Navnirman IPO Investor Categories

    • Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
    • Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
    • Retail Individual Investors (RII): Retail Individual Investors or NRIs
    • Employee (EMP): Eligible Employees
    • Others: Eligible Shareholders

    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 Subscription 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 IPO Subscription Status FAQs:

    When Modi’s Navnirman IPO Subscription will start?

    The IPO subscription starts on June 23, 2022 for NII, and Retail Investors.

    How much is Modi’s Navnirman IPO subscribed Today?

    The IPO subscribed 1.99x times on day 4.

    What is Modi’s Navnirman IPO Retail subscription status?

    The RII subscription is 1.22x on day 4.

    How to subscribe Modi’s Navnirman IPO?

    You can go with ASBA and Non-ASBA options for a subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.

    How do I check live Modi’s Navnirman IPO Subscription Numbers Today?

    One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official website BSE and BSE websites. One can check the live subscription on BSE or BSE website on the particular IPO page.

    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 the Modi’s Navnirman IPO Allotment Date?

    Modi’s Navnirman IPO allotment date is July 01, 2022.

    What is the Modi’s Navnirman IPO Listing Date?

    Modi’s Navnirman IPO listing date is July 06, 2022. The IPO is to list on BSE.

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