Nanavati Ventures Ltd |
| |
Registered Office:
S-414 OM Plaza Adarsh App Co,Op Ho Soc Village Vajalpor
,
Navsari
-
396445
,
Gujarat
, India.
Phone :
91-9316691337
Fax :
Email : info@nventures.co.in
Website : www.nventures.co.in |
|
| Initial Public Issue of 4,38,000 equity shares of face value of (Rs)10 each ("equity shares") of Nanavati Ventures Limited ("the company" or "the issuer company") for cash at a price (Rs)50 per equity share (including a share premium of (Rs)40 per equity share) ("issue price") aggregating to
(Rs)2.19 Crores ("the issue"), of which 24,000 equity shares of face value of (Rs)10 each for a cash price of (Rs)50 per equity share, aggregating to (Rs)0.12 Crores will be reserved for subscription by market maker ("market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 4,12,000 equity shares of face value of (Rs)10 each at an issue price of (Rs)50 per equity share aggregating to (Rs)2.06 Crores (is hereinafter referred to as the "net issue"). The issue and the net issue will constitute 26.49% and 25.03%, respectively of the post issue paid up equity share capital of the company.
The face value of the equity shares is (Rs)10 each and the issue price of
(Rs)50 i.e. 5.00 times of the face value.
Bids can be made foa a minimum of 3000 equity shares and in multiples of 3000 equity shares thereafter. |
| Issue |
Money Payable On |
| Opened On |
Closed On |
Offer Price |
Application Money |
Allotment Money |
| 25-Apr-22 |
27-Apr-22 |
( )50.00 |
( )50.00 |
( )0.00 |
| Minimum Application for shares in Nos :3000 Further Multiples of :3000 |
| |
( Cr) |
Lead Managers to the Issue |
| Project Cost |
1.98 |
| First Overseas Capital Ltd |
|
| Project Financed through Current Offer |
2.19 |
|
| Post Issue Equity Share Capital |
1.65 |
|
| Face Value |
10 |
|
| Issue Price |
( )50.00 |
|
|