Fixed Price IPO | ₹1 Cr | Listed at BSE SME | Mon, Nov 30, 2015 - Mon, Dec 7, 2015
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 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) (based on upper price). The minimum lot size for investment in 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 Open
Mon, Nov 30, 2015
IPO Close
Mon, Dec 7, 2015
Issue Price
₹14 per share
Market Cap (Pre-IPO)
₹4.41 Cr
| IPO Date | 30 Nov to 7 Dec, 2015 |
| Listed on | Fri, Dec 18, 2015 |
| Face Value | ₹10 per share |
| Issue Price | ₹14 per share |
| Lot Size | 10,000 Shares |
| Sale Type | OFS only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 8,50,000 shares (agg. up to ₹1 Cr) |
| Reserved for Market Maker | 50,000 shares Naysaa Securities Ltd. (agg. up to ₹0.0700 Cr) |
| Offer for Sale | 8,00,000 shares of ₹10 (agg. up to ₹1 Cr) |
| Net Offered to Public | 8,00,000 shares (agg. up to ₹1 Cr) |
| Share Holding Pre Issue | 31,52,750 shares |
| Share Holding Post Issue | 31,52,750 shares |
| BSE Script Code | 539521 |
| ISIN | INE364T01012 |
Navigant Corporate Advisors IPO comprises a total issue size of 8,50,000 shares. The net offer to the public is 8,00,000 shares, after excluding 50,000 shares allotted on a firm basis. Of the Net offer 4,00,000 (50.00%) allocated to NII 4,00,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 4,00,000 | 50.00% | 47.06% |
| Retail Shares Offered | 4,00,000 | 50.00% | 47.06% |
| Firm Reservations | |||
| Market Maker Shares Offered | 50,000 | 5.88% | |
| Total Shares Offered | 8,50,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 10,000 shares and in multiples thereof.
| 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 |
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).
| Period Ended |
|---|
| 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 achieve the benefits of listing the Equity Shares on the Stock Exchanges |
| KPI | |
|---|---|
| RoNW | 19.8% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100% | 73.04% |
| Market Cap | ₹4.41 Cr. |
Sorry, we couldn't find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Offer management fees including fees and reimbursements of Market Making fees, selling commissions, brokerages, and payment to other intermediaries such as Legal Advisors, Registrars and other out of pocket expenses | 0.12 |
| 2 | Printing & Stationery, Distribution, Postage, etc | 0.02 |
| 3 | Advertisement & Marketing Expenses | 0.02 |
| 4 | Regulatory & other expenses | 0.03 |
| 5 | Miscellaneous Expenses | 0.02 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹14.00 |
| Open | ₹14.15 |
| Low | ₹13.50 |
| High | ₹14.35 |
| Last Trade | ₹13.78 |
Lead Manager Reports
Navigant Corporate Advisors IPO is a SME IPO of 8,50,000 equity shares of the face value of ₹10 aggregating up to ₹1 Crores. The issue is priced at ₹14 per share. The minimum order quantity is 10000.
The IPO opens on Mon, Nov 30, 2015, and closes on Mon, Dec 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 Mon, Nov 30, 2015 and closes on Mon, Dec 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 Fri, Dec 18, 2015.
