- NEGATIVE
Annual Revenue Navoday Enterprises Mar-2024 Annual Revenue is Rs 11 Cr which is growth of -8.8% YoY.
- POSITIVE
Annual Net Profit Navoday Enterprises Mar-2024 Annual Net Profit is Rs 0 Cr which is growth of 84.7% YoY.
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.
| Bidding Dates |
|---|
| 14 Jun 2021 - 17 Jun 2021 |
| Subscription |
|---|
| 2.36x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹120,000 | 1 | 1 | 6000 | 2.3 M | ₹20 | 40.22 % | ₹46.1 M | RHP DOC |
Navoday Enterprises IPO SUBSCRIPTION STATUS
17 Jun '21Total2.36x
Retail Individual Investor4.44x
HNI (NII) Investors0.29x
Qualified Institutional Buyers-
Navoday Enterprises IPO overall subscription rate was 2.36 times the total available shares
Navoday Enterprises IPO retail subscription rate was 4.44 times in the retail segment
Navoday Enterprises IPO non-institutional investor subscription rate was 0.29 times in the non-institutional investor category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
17 Jun 2021 (Day 4) | 4.44x | 0.29x | - |
14 Jun 2021 (Day 1) | 0.85x | 0.19x | - |
15 Jun 2021 (Day 2) | 2.05x | 0.23x | - |
16 Jun 2021 (Day 3) | 3.08x | 0.27x | - |
Navoday Enterprises FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from operations (Rs in millions) | Cash Flow from operations (Rs in millions) | Free Cash flow (Rs in millions) |
| 9MFY21 | 3.9 | 147.3 | -1.5 | -1.5 |
| FY20 | 11.3 | 482.4 | 5.7 | 5.7 |
| FY19 | 3.5 | 165.2 | 1.3 | 1.3 |
| FY18 | 5.6 | 231.2 | 9.3 | -0.5 |
Navoday Enterprises IPO SUBSCRIPTION STATUS DETAILS
Navoday Enterprises had 2.3 M shares on offer
Navoday Enterprises IPO offer price was ₹20
Navoday Enterprises IPO minimum Investment was ₹120000
Navoday Enterprises IPO issue size was ₹ 46.1 M
Navoday Enterprises had a minimum lot size of 6000 Shares per application
Navoday Enterprises NUMBER OF SHARES ON OFFER
Total2.3 M
Fresh Issue2.3 M
Offer for Sale0
Post Issue Promoter Holding %40.22 %
Navoday Enterprises IPO IMPORTANT DATES
| Issue Open Date | 14 Jun 2021 |
| Issue close Date | 17 Jun 2021 |
| Allotment Date | 21 Jun 2021 |
| Refund Date | 22 Jun 2021 |
| Demat Account Credit Date | 23 Jun 2021 |
| Listing Date | 24 Jun 2021 |
| Listing on Exchange(s) | BSE |
| Navoday Enterprises Allotment Status | Exchange |
Navoday Enterprises IPO subscription opened on 14 Jun 2021, and closed on 17 Jun 2021
IPO allotment for Navoday Enterprises was finalized on Monday, 21 Jun 2021
IPO listing for Navoday Enterprises was on BSE on Thursday, 24 Jun 2021
Navoday Enterprises IPO LISTING GAINS
| Issue Price (adjusted) | 10.0 |
| Listing Open Price | 19.5 |
| Listing Close Price | 18.6 |
| Listing Gain% | -2.5% |
| Current Gain% | -43.1% |
Quarterly
Annual
Balance Sheet
Ratios
Cash Flow
Navoday Enterprises annual results: revenue, profit, P&L, and margins as of Mar 2024 – 11 year history
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Total Rev. Ann.
1Y CHG
-8.8%
2Y CAGR
-50%
3Y CAGR
-24.4%
5Y CAGR
-7.1%
Net Profit Ann.
1Y CHG
50%
2Y CAGR
-13.4%
3Y CAGR
-9.1%
5Y CAGR
-5.6%
Operating Exp. Ann.
1Y CHG
-10.7%
2Y CAGR
-50.6%
3Y CAGR
-24.8%
5Y CAGR
-7%
Navoday Enterprises INFORMATION ON IPO ISSUE
About Navoday Enterprises
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.
Object of the Issue
- Meeting company's working capital requirements.
- General Corporate purposes.
Navoday Enterprises - PROMOTERS
| Name |
|---|
| Anand V. Mode |
| Synematic Media and Consulting Private Limited |
Navoday Enterprises Lead Manager
Inventure Merchant Banker Services Private Limited
sme.ipo@inventuremerchantbanker.com
Navoday Enterprises Registrar to the Offer
Satellite Corporate Services Private Limited
service@satellitecorporate.com
Navoday Enterprises Strengths
Outdoor media
The company's primary strength lies in outdoor media.
Strength
Focus on client’s brand
The services are aimed at propelling the brand and business of the clients ahead.
Strength
Navoday Enterprises Risks
Operations are significantly located in the Mumbai region
The registered office is situated in Mumbai and the company carries on its business mainly from the Mumbai Office. Hence, major revenues are generated from operations in this region only
Risk
GST Registration of the Company was suspended
The GST Registration of the Company was suspended due to delay and nonfiling of GST Returns for a period of more than 6 months
Risk
IPO FAQs
Navoday Enterprises Ltd. IPO listing opened at Rs 19.50 while the issue price was Rs 20.00 giving -2.50% returns. After adjusting for subsequent bonus and splits, the stock trades at Rs 10.00 giving -43.10% gains since its IPO listing.
The promoters of the company are Anand V. Mode and Synematic Media and Consulting Private Limited.
The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
The price band of the IPO is Rs 20.0 - 20.0.
The IPO application opens on Jun 14, 2021 and closes on Jun 17, 2021.
The minimum lot size for the IPO is 6000. The maximum lot size for the IPO is 6000.
For all category investors, the minimum application amount for this IPO is Rs. 120,000.0, the maximum value for this IPO is Rs 120,000.0.
This IPO will be allotted on Jun 21, 2021.
The refund will be credited to your account on Jun 22, 2021.
The allotted shares will be credited to your demat on Jun 23, 2021.
Navoday Enterprises Ltd.’s shares listed on the stock exchanges on Jun 24, 2021.