Nanavati Ventures IPO GMP, Review, Price, Allotment


Nanavati Ventures IPO description – The company is engaged in trading of diamonds mainly in Surat, Gujarat. Its operations include sourcing of polished and uncut diamonds from primary and secondary source suppliers in the domestic market and sale of diamond to the retail and wholesale operations in Gujarat. The company primarily sells diamonds to a customer base spread across domestic markets that includes various jewellery manufacturers, large department store chains, retail stores and wholesalers.

Nanavati Ventures procures the rough and unpolished diamonds in several sizes and shapes from the suppliers and then the processing and polishing of rough gemstone is done by skilled workers on job-work basis.

It has independent sales and distribution networks for its products. A substantial majority of its cut and polished diamonds are sold to diamond wholesalers and the jewellery manufacturers in the domestic markets. By purchasing in large volumes, the company is able to purchase its inventory at lower prices than its major competitors, which enables it to sell its products at competitive prices.

Promoters of Nanavati Ventures – Mrs Kashmira Hemantkumar Nanavati, Mr Shreykumar Hasmukhbhai Sheth and Ms Vaishnavi Hemantkumar Nanavati

Nanavati Ventures IPO Details

Subscription Dates25 – 27 April 2022
Price BandINR50 per share
Fresh issue4,36,000 shares (INR2.18 crore)
Offer For SaleNil
Total IPO size4,36,000 shares (INR2.18 crore)
Minimum bid (lot size)3,000 shares
Face Value INR10 per share
Retail Allocation50%
Listing OnBSE SME

Nanavati Ventures’ Financial Performance

 FY2019 FY2020 FY2021 9M FY2022
Net income0.035.3911.979.98
Figures in INR Lakh unless specified otherwise

Nanavati Ventures Offer News

Nanavati Ventures Offer Valuation (as of FY2021)

Earnings Per Share (EPS): INR0.99
Pre-IPO Price/Earnings (PE ratio): 68.76
Return on Net Worth (RONW): 1.94%
Net Asset Value (NAV): INR51 per share

Nanavati Ventures IPO GMP Daily Trend

DateNanavati Ventures IPO GMPKostakSubject to Sauda

Nanavati Ventures IPO Subscription – Live Updates

Shares Offered2,18,000 2,18,000 4,36,000
Day 10.0610.945.50
Day 20.5426.4613.50
Day 313.1048.3630.73
Subscription figures in number of times, at 5 PM

Nanavati Ventures Offer Registrar

Kfin Technologies Private Limited
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: +91 40 6716 2222
E-mail: [email protected]

Nanavati Ventures Contact Details

Nanavati Ventures Limited
S-414, OM Plaza,
Adarsh App. Co. Op. Ho. Soc.,
Village: Vijalpor, Taluka: Jalalpore,
Navsari- 396445
Phone: +91 9316691337
Email: [email protected]

Nanavati Ventures IPO Allotment Status

Nanavati Ventures IPO allotment is now available on KFin Technologies’ website. Click on this link to get allotment status.

Nanavati Ventures IPO Timetable

IPO Opening Date25 April 2022
IPO Closing Date27 April 2022
Finalisation of Basis of Allotment2 May 2022
Initiation of refunds4 May 2022
Transfer of shares to demat accounts5 May 2022
Listing Date6 May 2022
Opening Price on BSEINR50 per share (no change from IPO price)
Closing Price on BSEINR50.3 per share (up 0.6% from IPO price)

Nanavati Ventures IPO FAQs

What is Nanavati Ventures offer size?

Nanavati Ventures offer size is INR2.18 crore.

What is Nanavati Ventures IPO Price Band?

Nanavati Ventures public offer price is INR50 per share.

What is the lot size of Nanavati Ventures IPO?

Nanavati Ventures offer lot size and the minimum order is 3,000 shares.

What is Nanavati Ventures IPO GMP today?

Nanavati Ventures IPO GMP today is NA per share.

What is Nanavati Ventures kostak rate today?

Nanavati Ventures kostak rate today is NA per application.

What is Nanavati Ventures Subject to Sauda rate today?

Nanavati Ventures Subject to Sauda rate today is NA per application.



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