Modi's Navnirman Limited
ListedSMEInfrastructure & Construction · BSE
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."
Price Band
₹180
Issue Size
₹22.68 Cr
Lot Size
800 shares
GMP
—
Est. Listing
₹180
at current GMP
Subscribed
1.99x
overall
Open
23 Jun 2022
Close
28 Jun 2022
Allotment
1 Jul 2022
Refund
2 Jul 2022
Demat Credit
3 Jul 2022
Listing
6 Jul 2022
Last updated 12 days ago
Key Highlights
- •Leading player in the Infrastructure & Construction segment
- •Price band established at ₹180 - ₹180 per equity share
- •Minimum bid lot is 800 shares
- •Estimated listing target of ₹180 based on current grey market activity