Nanavati Ventures Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 206,000 (47%) | — | ₹103 Cr |
| Retail | — | 206,000 (47%) | — | ₹103 Cr |
| Market Maker | — | 24,000 (6%) | — | ₹1 Cr |
| Σ Total | — | 436,000 (100%) | — | ₹2,180 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹150,000 |
| Retail (Max) | 13 | 39,000 | ₹1,950,000 |
| S-HNI (Min) | 14 | 42,000 | ₹2,100,000 |
| B-HNI (Min) | 67 | 201,000 | ₹10,050,000 |
Financial Statements Amount in Lakhs
| Metric | 31-Dec-21 | 31-Mar-21 | 31-Mar-20 |
|---|---|---|---|
| Revenue | 1,050 | 1,132 | 595 |
| Profit After Tax | 10 | 12 | 5 |
| Total Assets | 1,418 | 664 | 287 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 To meet Working Capital requirements – 1.73
- 2 General Corporate Purpose – 0.25
Company Overview
Incorporated in 2010, Nanavati Ventures Limited is a Diamond Trading company. The company sells diamonds largely to a domestic customer base that includes jewellery manufacturers, large department store chains, retail stores, and wholesalers. The company is located in Surat, Gujarat.
Nanavati Ventures purchases rough and unpolished diamonds from suppliers, and then professional workers process and polish those rough gemstones for the end product. The company's products are sold and distributed through independent sales and distribution networks.
Competitive Strengths.
- The established brand.
- Management and Employee expertise.
- Understand Customer Needs.
- Existing distribution and sales networks in the domestic market and our geographical benefit.
- Quality products.