Modi’s Navnirman IPO subscription standing is to begin on June 23, Thursday. Modi’s Navnirman is an BSE SME IPO and been subscribed by NII, and Retail traders. They are going to lift ₹22.68 crores through IPO. The IPO value band is mounted at ₹180 with a market lot of 800 shares. Modi’s Navnirman Limited was included in 2015 and relies in Mumbai. They are an actual property firm engaged in development companies. They have 2 ongoing and a pair of upcoming residential tasks. They have 3 ongoing and three upcoming residential cum industrial tasks. The firm reported revenues of ₹11.51 in 2022 towards revenues of ₹13.22 in 2021. The firm’s monetary report seems to be weak and revenue is on a decrease facet. Please examine the Modi’s Navnirman IPO subscription standing particulars over right here.
IPOWatch View: We suggest traders might apply for an IPO with warning (Avoid). Investors also needs to have a look at the Retail and HNI numbers earlier than investing. You can examine the Modi’s Navnirman IPO allotment standing right here.
Modi’s Navnirman IPO Subscription Status (Live Update – Day 1)
Last Updated – 12:30 PM
| Category | Day 1 | Day 2 | Day 3 |
| NII | 0.65 | – | – |
| RII | 0.03 | – | – |
| Total | 0.34 | – | – |
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, and so on
- 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 minimal market lot is 800 shares with a ₹144,000 software quantity.
| 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 shut date is June 28. The IPO allotment date is July 1 and the IPO June record 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 use Modi’s Navnirman IPO? You can apply Modi’s Navnirman IPO through ASBA out there in your checking account. Just go to the net financial institution login and apply through your checking account by deciding on the Modi’s Navnirman IPO within the Invest part. The different choice you may apply Modi’s Navnirman IPO through IPO types obtain through the BSE web site. Check out the Modi’s Navnirman types – click on BSE IPO Forms download, fill and submit in your financial institution or together with your dealer.
Modi’s Navnirman IPO Subscription Status FAQs:
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One can go to our portal for dwell IPO subscription numbers that we’re updating hourly foundation from the official web site BSE and BSE web sites. One can examine the dwell subscription on BSE or BSE web site on the actual IPO web page.
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