Nanavati Ventures IPO (Initial Public Offering) is going to hit the primary markets on 25th April 2022 and the public issue will be open for subscription till 27th April 2022. The company has fixed the Nanavati Ventures IPO price band 50 per equity share. The public issue will be listed on the BSE SME exchange and the company plans to mobilize promoters 2.18 crores from his offer.
Informing about the cut-off time for UPI Mandate Confirmation to the bidders; The BSE website informs, “Retail individual investors will have Unified Payments Interface (UPI) as an additional payment mechanism along with an application supported by Block Amount (ASBA) for making payments. All other categories of investors will essentially have only Will use an application supported by Blocked Amount (ASBA) facility to make payments.” The BSE website said that the company is offering 4,36,000 equity shares of the company in this offer.
Here we list down 10 important details regarding Nanavati Ventures IPO:
1]Nanavati Ventures IPO Subscription Date: The public issue will open on 25 April 2022 and will be open to customers till 27 April 2022.
2]Nanavati Ventures IPO Price: The company has fixed the price band for the IPO: 50 per equity share.
3]Nanavati Ventures IPO Size: The company’s promoters aim to raise 2.18 crores from this public offering.
4]Nanavati Ventures IPO Lot Size: A single bidder will be able to apply in lots and one lot of public issue will consist of 3,000 company shares.
5]Nanavati Ventures IPO Application Range: One can bit for only one lot of the IPO.
6]Nanavati Ventures IPO Investment Limit: The maximum and minimum application allowed in this IPO is one lot. Therefore, an applicant would need 1.50 lakhs to apply for this BSE SME issue.
7]Nanavati Ventures IPO Allotment Date: The tentative date for this IPO allotment is May 2, 2022.
8]Nanavati Ventures IPO Listing: The public issue will be listed on the BSE SME Exchange.
9]Nanavati Ventures IPO Listing Date: The tentative listing date for the Nanavati Ventures shares is May 6, 2022.
10]Nanavati Ventures IPO Registrar: The official registrar appointed for IPO is KFin Technologies Limited.