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IPO Synopsis

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Novavente Ltd
Registered Office: No.307 & 308 3rd Flr Bldg No.3,Millenium Business Park Sec.3 , Navi Mumbai - 400710 , Maharashtra , India.
Phone : +91 88284 81050
Fax :
Email :  investor.relations@novavente.com  
Website :  www.novavente.com
Initial public offer of up to 13,34,000* equity shares of face value of Rs. 10/- each (the "Equity Shares") of Novavente Limited ("the Company" or "Novavente" or "the Issuer") at an issue price of Rs. [*] per equity share for cash, aggregating to Rs. [*] crores ("Public Issue") out of which upto 67,000* equity shares of face value of Rs. 10/- each, at an issue price of Rs. [*] per equity share for cash, aggregating to Rs. [*] crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of upto 12,67,000* equity shares of face value of Rs. 10/- each, at an issue price of Rs. [*] per equity share for cash, aggregating to Rs. [*] crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute [*] % and [*] % respectively of the post-issue paid-up equity share capital of the company. The price band and the minimum bid lot will be decided by the company. * Subject to finalisation of basis of allotment.

Issue Money Payable On
Offer Price Application
NA NA ₹   ₹  
Minimum Application for shares in Nos :0  Further Multiples of :0

  Lead Managers to the Issue
Project Cost ₹   0.00 Cr
Khambatta Securities Ltd
Project Financed through Current Offer ₹   0.00 Cr  
Post Issue Equity Share Capital ₹   5.03 Cr  
Face Value ₹   10  
 
Projects
Working capital requirementsExpansion of business - for development of "the sales school" as an online technology sales training and career program platform
Investment in software: for acquiring of the usage right of "Sales Mind" platform from thought minds for providing services to end usersFunding inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes
Promoted By
Ronak Rajan  
Samrat Dilip Parasnis  
Listing At
NSE - SME 
Registrar to the Issue
No Data Found.
 
Basis of Allotment
Category Issue Price
(  )
No. of Applications No. of Equity
Shares Applied
Amount
(  )
No. of times Subscribed Shares Reserved No. of Shares Allotted
 

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