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anubhai angaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

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IPO Synopsis
Modi's Navnirman Ltd
Registered Office: Shop 5 CTS 947/A Kandivali (W), Rashmi Tara Datta Mandir, Mumbai - 400067, Maharashtra
Phone: 1
Email: 1
Website: 1
Initial public offer of 12,60,000 equity shares of Rs. 10 each ("Equity Shares") of Modi's Navnirman Limited ("MNL" or the "Company") for cash at a price of Rs. 180 per share (the "Issue Price"), aggregating to Rs. 22.68 crores ("The Issue"), of which 68,000 equity shares of Rs. 10 each will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 11,92,000 equity shares of Rs. 10 each is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 29.79% and 28.18%, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10 and the issue price is 18 times of the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
23-Jun-2022 28-Jun-2022 180.00 - 0.00 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 22.00
Project Financed through Current Offer 22.68
Post Issue Equity Share Capital 4.23
Issue Price 180.00
Projects
Investment in subsidiary company - SMNPL for repayment of its outstanding unsecured loans
General corporate purposes
Promoted By
Dineshkumar Modi
Rashmi Modi
Mahek Modi
BSE - SME
Registrar to the Issue
Attention Investor
As per CDSL communiqué Kindly update your Email ID, Mobile Number & Income Range in CDSL demat Account on or before 31st May 2021, Non Compliance Account will be INACTIVE after 31st May 2021. | Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day......................issued in the interest of investors.  | "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account." | "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."    Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day .......... Issued in the interest of Investors.