Modis Navnirman is established in 2009.
Modis Navnirman Limited is engaged in the development of affordable housing in the residential segment. Modi Group has so for constructed 7 residential and commercial projects (Namely i) Rashmi Tara ii) Rashmi Chaaya, iii) Badshahs Residency, iv) Rashmi Sadhna, v) Rashmi Sheela, vi) Mrunali, vii) Rashmi Kunj) in the western suburbs of Mumbai specifically in and around the areas of Borivali, Kandivali, Malad and Goregaon. The group has 5 projects, which are currently under construction.
Check :- Upcoming SME IPO 2022
Company Strengths
1) Experienced Management Team
2) Established brand and reputation
3) Our proven execution capabilities
4) Strong project pipeline providing cash flow visibility
Modis Navnirman IPO Promotors
1) Dineshkumar Modi
2) Rashmi Modi
Modis Navnirman IPO Date, Details & Price Band
| IPO Opening Dates | 23 June 2022 |
| IPO Closing Dates | 28 June 2022 |
| Price Band | 180 Rs Per Share |
| Fresh issue | 22.68 Crore |
| Total IPO size | 22.68 Crore |
| Minimum bid (lot size) | 800 Shares |
| Face Value | 10 INR Per Share |
| Retail Allocation | 50% |
| Non-Institutional | 50% |
| Listing On | BSE SME |
Modis Navnirman IPO Market Lot
The Modis Navnirman IPO minimum market lot is 800 shares With 1,20,000 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Minimum | 1 | 800 | 1,44,000 Rs |
| Maximum | 1 | 800 | 1,44,000 Rs |
Financial Record of the last year (In Lakhs)
Financial Period : 31-Mar-22 (Restated Consolidated)
Total Assets : 3098.29
Total Revenue : 1151.07
Profit After Tax : 132.7
a. Based on EPS of Financial Year ended March 31, 2021 : – INR
Modis Navnirman IPO GMP & Grey Market Premium
Modis Navnirman IPO GMP Grey market premium has been started today. Check Latest Modis Navnirman IPO GMP, Kostak Rates and Subject to Sauda Price here.
Modis Navnirman IPO Prospectus
| DRHP | Download |
| RHP | Download |
Modis Navnirman IPO Reviews
Angel Broking – Update Soon
Choice Broking – Update Soon
Prabhudas Lilladher – Update Soon
Modis Navnirman IPO Allotment Date & Details
| Allotment Date | 1 July 2022 |
| Initiation of refunds | 4 July 2022 |
| Transfer of shares to Demat accounts | 5 July 2022 |
| Listing Date | 6 July 2022 |
| Check Allotment Status | Click here |
Modis Navnirman IPO Lead Managers
ARYAMAN FINANCIAL SERVICES LIMITED
60, Khatau Building, Ground Floor, Alkesh Dinesh Modi Marg, Fort,
Mumbai – 400 001.
Tel: +91 – 22 6216 6999
Email: [email protected]
Website: www.afsl.co.in
Investor Grievance Email: [email protected]
Contact Person: Vatsal Ganatra
SEBI Registration No.: INM000011344
BIGSHARE SERVICES PRIVATE LIMITED
1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis
Makwana Road, Marol, Andheri East, Mumbai – 400 059
Tel. No.: +91 22 6263 8200
Email:[email protected]
Website:www.bigshareonline.com
Investor Grievance Email:[email protected]
Contact Person: Babu Rapheal
SEBI Registration No.: INR000001385
Modis Navnirman Contact Details
Shop No. 5, CTC 947/A,
Rashmi Tara Datta Mandir,
Kandivali (West),
Mumbai- 400067
Email: [email protected]
Telephone: +91 – 98199 89100
Website :- http://www.modisnirman.com/
Registrar of Modis Navnirman IPO
BIGSHARE SERVICES PRIVATE LIMITED
1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis
Makwana Road, Marol, Andheri East, Mumbai – 400 059
Tel. No.: +91 22 6263 8200
Email:[email protected]
Website:www.bigshareonline.com
Investor Grievance Email:[email protected]
Contact Person: Babu Rapheal
SEBI Registration No.: INR000001385
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