Nanavati Ventures Limited IPO (Nanavati Ventures IPO)

Nanavati Ventures IPO 2022
Upcoming Nanavati Ventures IPO | New Nanavati Ventures IPO

Nanavati Ventures Limited is a Diamond Trading company. The company sells diamonds largely to a domestic customer base that includes jewellery manufacturers, large department store chains, retail stores, and wholesalers. The company is located in Surat, Gujarat.

Nanavati Ventures purchases rough and unpolished diamonds from suppliers, and then professional workers process and polish those rough gemstones for the end product. The company’s products are sold and distributed through independent sales and distribution networks.

Competitive Strengths

  • The established brand.
  • Management and Employee expertise.
  • Understand Customer Needs.
  • Existing distribution and sales networks in the domestic market and our geographical benefit.
  • Quality products.

Company Promoters

Mrs. Kashmira Hemantkumar Nanavati, Mr Shreykumar Hasmukhbhai Sheth and Ms Vaishnavi Hemantkumar Nanavati are the company promoters.

Company Financials

ParticularsFor the year/period ended (Rs in Lakhs)
Total Assets1417.95663.55286.88186.62
Total Revenue1049.521131.70595.1055.51
Profit After Tax9.9811.975.390.03

Objects of the Issue

  1. To meet the working capital requirements of the company.
  2. To meet the Issue Expenses.
  3. General Corporate Purpose.

Nanavati Ventures IPO Details

IPO Opening DateApr 25, 2022
IPO Closing DateApr 27, 2022
Issue TypeFixed Price Issue IPO
Face Value₹10 per equity share
IPO Price₹50 per equity share
Market Lot3000 Shares
Min Order Quantity3000 Shares
Listing AtBSE SME
Issue Size436,000 Eq Shares of ₹10
(aggregating up to ₹2.18 Cr)
Fresh Issue436,000 Eq Shares of ₹10
(aggregating up to ₹2.18 Cr)
Retail Shares Offered50% of the net offer
NII (HNI) Shares Offered50% of the net offer

Nanavati Ventures IPO Tentative Timetable

IPO Open DateApr 25, 2022
IPO Close DateApr 27, 2022
Basis of Allotment DateMay 2, 2022
Initiation of RefundsMay 4, 2022
Credit of Shares to Demat AccountMay 5, 2022
IPO Listing DateMay 6, 2022

Nanavati Ventures IPO Lot Size

ApplicationLotsSharesAmount (Cut-off)

Nanavati Ventures IPO Promoter Holding

Pre Issue Share Holding71%
Post Issue Share Holding52.19%

Nanavati Ventures IPO Prospectus

Company Contact Information

Nanavati Ventures Limited

S-414, OM Plaza,
Adarsh App. Co. Op. Ho. Soc., Village: Vijalpor,
Taluka: Jalalpore, Navsari 396445

Phone: +91 9316691337

Nanavati Ventures IPO Registrar

KFin Technologies Limited

Phone: 04067162222, 04079611000

Nanavati Ventures IPO FAQs

When Nanavati Ventures IPO will open?

The Nanavati Ventures IPO dates are 25 April 2022 To 27 April 2022
What is the lot size of Nanavati Ventures IPO ?

Nanavati Ventures IPO lot size and the minimum order quantity is 3000 Shares.
How to apply for Nanavati Ventures IPO ?

You can apply in Nanavati Ventures IPO online using either UPI or ASBA as 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.
When is Nanavati Ventures IPO listing date?

The Nanavati Ventures IPO listing date is announced. The date of Nanavati Ventures IPO listing is [06 May 2022].
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