Issue Price
₹20
Per Share
GMP
NIL
Grey Market
Est. Listing
₹20
Expected Price
Min. Application
₹240,000
2 lots × 6000 shares
Incorporated in 2007, 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.Under the marketing segment, the company primarily offers outdoor marketing services or out-of-home (OOH) advertising i.e. hoardings, billboards on roads, streets, highways, lamp post boards, kiosks, traffic booths, mobile sign trucks, etc. It offers outdoor services across Mumbai & Thane. It is further engaged in event management services wherein it manages corporate events, commercial events, cultural events, brand promotional events, etc.Financial consultancy segment provides integrated solutions for marketing research, working capital finance, corporate finance, financial restructuring, etc. However, its component supply segment supplies critical components i.e. sealers, timing belts, barring, cutter, ms cutter, brass gear, carbide, sensors, shut collars, etc. to manufacturers.Competitive StrengthsExpertise in outdoor media service offerings.Diversified management consultancy services.Large media product portfolio i.e. outdoor, print & digital media.
Navoday Enterprises Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 120,000 | — | ₹0.24 Cr | — |
| TOTAL | 2,304,000 | 100.00% | ₹4.61 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 6,000 | ₹120,000 |
| Retail (Max) | 13 | 78,000 | ₹1,560,000 |
| sNII (Min) | 14 | 84,000 | ₹1,680,000 |
| bNII (Min) | 68 | 408,000 | ₹8,160,000 |
| Particulars | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 |
|---|---|---|---|
| Revenue from Operations | 4827.24 | 1651.70 | 2311.96 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 112.77 | 35.07 | 55.67 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 1378.57 | 513.12 | 531.14 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |