GMPFlat
Est. Listing Price₹180
Price Band₹180
Lot Size800 shares
Min Bid₹1,44,000
Subscription1.99x
GMP
FlatLatest GMP + upper band: ₹180
Flatno premium
Issue Amount
₹22.68 Cr
Listed Price
Awaiting Listing
Current Price
₹349
Registrar
Bigshare Services Private Limited
Timeline•Fixed Price Issue IPO
Open23 Jun 2022
Close28 Jun 2022
Allotment01 Jul 2022
Listing06 Jul 2022
Quota Reservation Portions
Market MakerPortion: 68,000 shares
5.4%HNIPortion: 5,96,000 shares
47.3%RetailPortion: 5,95,999 shares
47.3%Minimum Application Bracket Matrix
Retail1 lots / 800 shares
₹1,44,000HNI2 lots / 1,600 shares
₹2,88,000About the Company
Founded in 2015, Modi's Navnirman Limited is a real estate company specializing in construction services. The company focuses on designing and developing projects that cater to different price segments based on consumer needs. Currently, the company has: 2 ongoing and 2 upcoming residential projects. 3 ongoing and 3 upcoming residential-cum-commercial projects. All completed, ongoing, and upcoming projects are located in Mumbai. A unique feature of the company is that all project names start with "Rashmi", such as "Rashmi Sadhna," "Rashmi Sheela," and "Rashmi Terrace."
Company Promoters
Dineshkumar ModiRashmi ModiMahek Modi
Lead Managers
No Lead Managers information available.Registrar
Bigshare Services Private Limited