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Navigant Corporate Advisors IPO is a fixed price issue of ₹1.19 crores. The issue is entirely an offer for sale of 0.09 crore shares of ₹1.19 crore.
Navigant Corporate Advisors IPO bidding started from Nov 30, 2015 and ended on Dec 7, 2015. The shares got listed on BSE SME on Dec 18, 2015.
Navigant Corporate Advisors IPO price is ₹14.00 per share . The lot size for an application is 10,000. The minimum amount of investment required by an individual investor (retail) is ₹1,40,000 (10000 shares). The minimum lot size investment for HNI is 2 lots (20,000 shares), amounting to ₹2,80,000.
First Overseas Capital Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. The market maker of the company is Naysaa Securities Ltd..
Refer to Navigant Corporate Advisors IPO RHP for detailed Information.
| IPO Date | November 30, 2015 to December 7, 2015 |
| Listing Date | December 18, 2015 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹14 per share |
| Lot Size | 10,000 Shares |
| Sale Type | Offer For Sale |
| Total Issue Size | 8,50,000 shares (aggregating up to ₹1.19 Cr) |
| Reserved for Market Maker | 50,000 shares Naysaa Securities Ltd. (aggregating up to ₹0.0700 Cr) |
| Net Offered to Public | 8,00,000 shares (aggregating up to ₹1.12 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 31,52,750 shares |
| Share Holding Post Issue | 31,52,750 shares |
Navigant Corporate Advisors IPO offers total 8,50,000 shares. Out of which 4,00,000 (47.06%) allocated to NII, 4,00,000 (47.06%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 50,000 (5.88%) |
| NII (HNI) Shares Offered | 4,00,000 (47.06%) |
| Retail Shares Offered | 4,00,000 (47.06%) |
| Total Shares Offered | 8,50,000 (100.00%) |
Navigant Corporate Advisors IPO opens on November 30, 2015, and closes on December 7, 2015.
| IPO Open Date | Mon, Nov 30, 2015 |
| IPO Close Date | Mon, Dec 7, 2015 |
| Tentative Listing Date | Fri, Dec 18, 2015 |
| Cut-off time for UPI mandate confirmation | 5 PM on Mon, Dec 7, 2015 |
Investors can bid for a minimum of 10,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 10,000 | ₹1,40,000 |
| Retail (Max) | 1 | 10,000 | ₹1,40,000 |
| HNI (Min) | 2 | 20,000 | ₹2,80,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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).
The Company Navigant Corporate Advisors IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | To achieve the benefits of listing the Equity Shares on the Stock Exchanges |
[Dilip Davda] <p>Issue is priced very aggressively, risk savvy investors may plan long term investment considering SME IPOs having given some rewards post listings in the process.</p> Read detail review...
| Listing Date | December 18, 2015 |
| BSE Script Code | 539521 |
| NSE Symbol | |
| ISIN | INE364T01012 |
| Final Issue Price | ₹14 per share |
| BSE Listing Group | MT |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹14.00 |
| Open | ₹14.15 |
| Low | ₹13.50 |
| High | ₹14.35 |
| Last Trade | ₹13.78 |
Navigant Corporate Advisors Ltd.
Office No. 6, Ground Floor,
Bandukwala Building, British Hotel Lane,
Off Bombay Samachar Marg, Fort, Mumbai
Fort, Maharashtra
Phone: +91-22- 6560 5550
Email: info@navigantcorp.com
Website: http://www.navigantcorp.com
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: navigant.ipo@karvy.com
Website: https://ipostatus.kfintech.com/
Navigant Corporate Advisors IPO is a SME IPO of 8,50,000 equity shares of the face value of ₹10 aggregating up to ₹1.19 Crores. The issue is priced at ₹14 per share. The minimum order quantity is 10000.
The IPO opens on November 30, 2015, and closes on December 7, 2015.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Navigant Corporate Advisors IPO using UPI as a payment gateway. Zerodha customers can apply in Navigant Corporate Advisors IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Navigant Corporate Advisors IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Navigant Corporate Advisors IPO opens on November 30, 2015 and closes on December 7, 2015.
Navigant Corporate Advisors IPO lot size is 10000, and the minimum amount required for application is ₹1,40,000.
You can apply in Navigant Corporate Advisors 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 Navigant Corporate Advisors IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Navigant Corporate Advisors IPO allotment status.
The Navigant Corporate Advisors IPO listing date is on Friday, December 18, 2015.
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