49  Total SME IPOs listed in 2025

2,236.81 Crs.  Total funds raised in 2025

33  SME IPOs listed with Gain in 2025

16  SME IPOs listed with loss in 2025

49  Total SME IPOs listed in 2025

2236.81 Crs.  Total funds raised in 2025

33  SME IPOs listed with Gain in 2025

16  SME IPOs listed with loss in 2025

49  Total SME IPOs listed in 2025

2236.81 Crs.  Total funds raised in 2025

33  SME IPOs listed with Gain in 2025

16  SME IPOs listed with loss in 2025

49  Total SME IPOs listed in 2025

2236.81 Crs.  Total funds raised in 2025

33  SME IPOs listed with Gain in 2025

16  SME IPOs listed with loss in 2025

Modi's Navnirman Limited IPO (Modi's Navnirman IPO) Details

Modi's Navnirman Limited is an Real Estate based company, located in Mumbai, Modi's Navnirman Limited IPO size was 22.68 Cr. and was issued at 180.00 per share. The share of Modi's Navnirman Limited were listed at 188.95 per share and are currently trading at 277.50 per share.

Type :
Sub Sector : Real Estate Construction Services
SME IPO
BSE SME

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
15.35 Cr.

PAT :
1.77 Cr.

Pricing Report

Issue Price :
180.00

Listing Price :
188.95

Current Market Price :
277.50

Issue Price vs CMP :
97.5 (54.17%)

listing Price vs CMP :
88.55 (46.86%)

Performance Report (CAGR* wise)

CAGR : 17.17
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

About Modi's Navnirman

Company Information
Modi‘s Navnirman was originally incorporated as a Limited Liability Partnership in the name and style of Modi‘s Navnirman LLP on December 31,2015 and was subsequently converted into a ―Public Limited‖ on March 04, 2022 with a view to corporatize the group‘s activities in the real estate sector. Since inception, they have been focused on the mid-market and affordable housing categories as their target segment within the residential housing market. The mid-market and affordable housing categories have accounted for significant share of overall market absorption in India in recent years Also, as on date of this Draft Prospectus, the Company does not have any borrowings from any bank or financial institutions and all their assets are free of any charge. This they believe is a unique
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Object of Issue
  • Investment in subsidiary company - SMNPL for Repayment of its outstanding unsecured loans
  • General Corporate Purposes

Modi's Navnirman SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Jul, 2022
IPO Size :
22.68 Cr.
Market Cap :
76.14 Cr.   
IPO Subscription :
1.99 X     
PE Multiple :
57.32
IPO Registrar:
Bigshare Services Private Limited
Anchor Investors:
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FAQs

Modi's Navnirman operates in Real Estate and Real Estate Construction Services. The Issue is listed on BSE SME in Jul, 2022. Modi's Navnirman IPO size was 22.68 Cr. with Issue price of 180.00 .

Modi's Navnirman IPO subscription was 1.99 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Modi's Navnirman IPO listed at a listing price of 188.95 against the offer price of 180.00.

The current market price of Modi's Navnirman is 277.50.

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