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Open
14 Jun 2021
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Close
17 Jun 2021
3
Allotment
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Listing
Fri, Jun 25, 2021
Price Band
₹20 per share
Issue Size
23,04,000 shares (agg. up to ₹5 Cr)
Lot Size
6,000 Shares
Listing Date
Fri, Jun 25, 2021
Latest GMP
₹14
Est. Gain
70%
✦ AI Insight
GMP Trend
10-08-2021₹14Est. ₹34+70%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.12x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2020 | 31 Mar 2020 | 31 Mar 2019 | 31 Mar 2018 |
|---|---|---|---|---|
| Assets | 13.04 | 13.79 | 5.13 | 5.31 |
| Total Income | 14.84 | 48.27 | 16.52 | 23.12 |
| Profit After Tax | 0.39 | 1.13 | 0.35 | 0.56 |
| EBITDA | 0.77 | 1.37 | 0.79 | 1.06 |
| NET Worth | 3.27 | 2.87 | 1.74 | 1.39 |
| Reserves and Surplus | 1.72 | 1.32 | 1.73 | 1.38 |
| Total Borrowing | 0.00 | 0.00 | 0.00 | 0.00 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| EKI Energy Services Ltd. | SME | ₹18.60 Cr | ₹102 | 11.51 | ₹147.00 | +44.12% | ₹85.04 (+0.71%) |
| AAA Technologies Ltd. | SME | ₹10.23 Cr | ₹42 | null | ₹43.60 | +3.81% | ₹89.40 (-4.37%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Meeting Additional Working Capital Requirements, and | 3.60 |
| 2 | General Corporate Purpose | 0.61 |
About Navoday Enterprises IPO
Incorporated in 2007, Navoday Enterprises Limited operates in 3 business verticals 1. Marketing support and Advertising, 2. Management and Financial Consultancy services, and 3. Component Supply and support services to manufacturers of packaging and allied machines. Under the marketing segment, the company primarily offers outdoor marketing services or out-of-home (OOH) advertising i.e. hoardings, billboards on roads, streets, highways, lamp post boards, kiosks, traffic booths, mobile sign trucks, etc. It offers outdoor services across Mumbai & Thane. It is further engaged in event management services wherein it manages corporate events, commercial events, cultural events, brand promotional events, etc. Financial consultancy segment provides integrated solutions for marketing research, working capital finance, corporate finance, financial restructuring, etc. However, its component supply segment supplies critical components i.e. sealers, timing belts, barring, cutter, ms cutter, brass gear, carbide, sensors, shut collars, etc. to manufacturers. Competitive Strengths Expertise in outdoor media service offerings. Diversified management consultancy services. Large media product portfo
Contact Details
Navoday Enterprises Ltd. AddressD-107, Crystal Plaza, Opposite Infinity MallNew Link RoadAndheri (west)Mumbai, Maharashtra, 400053+91 22 4968 6123info@navodayenterprise.comVisit Website