IPO Issue Details
Issue Price / Price Band₹14 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size10,000 Shares per Lot
Total Issue Size8,50,000 shares (aggregating up to ₹1.19 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryOffer For Sale
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenMon, 30 Nov 2015
Subscription CloseMon, 07 Dec 2015
Anchor AllotmentSun, 29 Nov 2015
Basis of AllotmentSun, 13 Dec 2015
Initiation of RefundsMon, 14 Dec 2015
Credit of Shares to DematMon, 14 Dec 2015
Listing DateFri, 18 Dec 2015
UPI Mandate Deadline2015-12-07
Application & Investment Details
Retail — Min (1 Lots)₹1,40,000 — 10,000 shares
Retail — Max (13 Lots)₹1,820,000 (13 Lots)
HNI — Min (2 Lots)₹2,80,000 — 20,000 shares
Net Offer to Public8,00,000 shares (aggregating up to ₹1.12 Cr)
Reserved for Market Maker50,000 shares (aggregating up to ₹0.0700 Cr)
Pre-IPO Promoter Holding31,52,750 shares
Post-IPO Promoter Holding31,52,750 shares
About Navigant Corporate Advisors Ltd.
Incorporated in 2012, Navigant Corporate Advisors Ltd (NCAL) is a boutique advisory firm based in Mumbai, offers services in Capital Market, Corporate Finance, Investment Advisory, Investment activities, short term financing etc. . NCAL was primarily promoted as real estate company under the name of S P Realtor Estates Ltd, that later ventured into corporate advisory, merchant banking allied activities etc. It rechristened itself to present name.They are corporate advisor, strives to achieve excellence across a range of financial services like: Advisory in IPO, Merger & Acquisitions, Debt Syndications, Takeovers, Valuations, Strategic & General Corporate Advice and Business Modeling, etc. They are primarily focused on small and mid sizes enterprises (SMEs).
Objects of the Issue
Navigant Corporate Advisors Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 To achieve the benefits of listing the Equity Shares on the Stock Exchanges
Shareholding & Lock-in
Pre-IPO Promoter Holding
31,52,750 shares
Post-IPO Promoter Holding
31,52,750 shares