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Open
25 Apr 2022
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Close
27 Apr 2022
3
Allotment
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Listing
Fri, May 6, 2022
Price Band
₹50 per share
Issue Size
4,38,000 shares (agg. up to ₹2 Cr)
Lot Size
3,000 Shares
Listing Date
Fri, May 6, 2022
Latest GMP
₹0
✦ AI Insight
GMP Trend
27-10-2025₹0Est. ₹—+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 18.49x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2021 | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|
| Assets | 14.18 | 6.64 | 2.87 | 1.87 |
| Total Income | 10.50 | 11.32 | 5.95 | 0.56 |
| Profit After Tax | 0.10 | 0.12 | 0.05 | 0.00 |
| NET Worth | 6.27 | 6.17 | 0.05 | -0.00 |
| Reserves and Surplus | 5.06 | 4.96 | 0.04 | -0.01 |
| Total Borrowing | 0.00 | 0.00 | 0.00 | 0.00 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet Working Capital requirements | 1.73 |
| 2 | General Corporate Purpose | 0.25 |
About Nanavati Ventures IPO
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. + Read More
Contact Details
Nanavati Ventures Ltd. AddressS-414, OM PlazaAdarsh App.Co.Op.Ho.Soc., Village: VijalporTaluka: JalalporeNavsari, Gujarat, 396445+91 9316691337info@nventures.co.inVisit Website