Nanavati Ventures IPO subscription status is to start on April 25, 2022, Monday. Nanavati Ventures is a BSE SME IPO. The IPO is been subscribed by NII and Retail investors. They are going to raise ₹2.18 crores via SME IPO. The IPO price band is fixed at ₹50 with a market lot of 3000 shares. They are doing trading business since its incorporation. They are selling diamonds to manufacturers, retailers as well as wholesaler in the domestic market. Their customers are jewellery manufacturers, large department store chains, retail stores, and wholesalers. The company reported revenues of ₹11.32 in 2021 against revenues of ₹5.85 in 2020. The company’s financial report looks weak and the profit is on the negative side. Please check the Nanavati Ventures IPO subscription status details over here.
IPOWatch View: We recommend investors avoid the IPO subscription. Investors should also look at the Retail and HNI numbers before investing. You can check the Nanavati Ventures IPO allotment status here.
Nanavati Ventures IPO Subscription Status (Live Update – Day 3)
Last Updated – 5:00 PM
Category | Day 1 | Day 2 | Day 3 |
NII | 0.06 | 0.57 | 13.86 |
RII | 11.58 | 28.00 | 51.17 |
Total | 5.82 | 14.29 | 32.52 |
Nanavati Ventures 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
Nanavati Ventures IPO Subscription Dates
IPO Open Date: | 25 April 2022 |
IPO Close Date: | 27 April 2022 |
Basis of Allotment: | 02 May 2022 |
Refunds: | 04 May 2022 |
Credit to Demat Account: | 05 May 2022 |
IPO Listing Date: | 06 May 2022 |
Nanavati Ventures IPO Form
How to apply Nanavati Ventures IPO? You can apply Nanavati Ventures IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Nanavati Ventures IPO in the Invest section. The other option you can apply Nanavati Ventures IPO via IPO forms download via BSE website. Check out the Nanavati Ventures forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.
Nanavati Ventures IPO Subscription Status FAQs:
Follow IPO Watch for the upcoming IPO news and their reviews, also keep following us on Twitter, Facebook, and Instagram. For our latest videos, subscribe to our YouTube channel.