Bookbuilding IPO | ₹[.] Cr | Listing at BSE SME |
Nakshatra Asset Ventures Ltd. has filed a Draft Red Herring Prospectus (DRHP) with the exchange on December 26, 2024 to raise funds through Initial Public Offer (IPO).
Nakshatra Asset Ventures Ltd. IPO is a Book Build Issue
The equity shares are proposed to be listed on the BSE SME. Narnolia Financial Services Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Nakshatra Asset Ventures IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹2 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Thu, Dec 26, 2024 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Net offer |
| Retail Shares Offered | Not less than 35.00% |
| NII Shares Offered | Not less than 15.00% of Offer |
Nakshatra Asset Ventures Limited (NAVL), formerly known as Nakshatra Corporate Advisors Limited, is a public limited company incorporated on July 31, 2013, with its registered office in Nagpur, Maharashtra, India.The company specializes in stressed asset resolution and turnaround services, offering a comprehensive range of solutions for stakeholders including borrowers, lenders, and intermediaries such as Asset Reconstruction Companies (ARCs).
Key Services and Business Segments
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 121.23 | 97.45 | 88.44 | 81.50 |
| Total Income | 25.63 | 48.11 | 32.60 | 30.42 |
| Profit After Tax | 17.15 | 30.95 | 21.86 | 18.29 |
| NET Worth | 98.64 | 81.50 | 43.84 | 21.98 |
| Reserves and Surplus | 80.76 | 63.61 | 42.37 | 20.52 |
| Total Borrowing | 0.59 | 2.98 | ||
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet out the expenses of Identified Acquisition. | 90.86 |
| 2 | To meet out the expenses towards minimum contribution for AIF. | 15.00 |
| 3 | To meet out the expenses for Investment in Subsidiary of the Company, Nakshatra Investment Managers Private Limited. | 5.00 |
| 4 | To meet out the expenses for Investment in proposed Subsidiary of the Company, Nakshatra Alternative Investment Private Limited. | 3.00 |
| 5 | To meet out the expenses for General Corporate Purpose. |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 37.98% |
| ROCE | 49.71% |
| RoNW | 37.98% |
| PAT Margin | 64.33% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 90% | 65.65% |
Lead Manager Reports
Nakshatra Asset Ventures IPO is a SME IPO of 0 equity shares of the face value of ₹2 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Nakshatra Asset Ventures IPO open and close dates are not available as of now.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Nakshatra Asset Ventures IPO using UPI as a payment gateway. Zerodha customers can apply in Nakshatra Asset Ventures IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Nakshatra Asset Ventures IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Nakshatra Asset Ventures IPO dates are not announced. Please check back again after some time.
Nakshatra Asset Ventures IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Nakshatra Asset Ventures IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Nakshatra Asset Ventures IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Nakshatra Asset Ventures IPO allotment status.
The Nakshatra Asset Ventures IPO listing date is not yet announced. The tentative date of listing is .
