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
Live Grey Market Premium
Modi's Navnirman Limited GMP Today
Last updated: 19 Oct 2026
Current Premium
₹00.0%
Issue Price (Upper)
₹180
Band: ₹180
Estimated Listing Price
₹180
Upper price + GMP
Lot Size
800 shares
Min investment ₹1,44,000
Estimated Profit / Lot
₹0
800 × ₹0
Modi's Navnirman Limited GMP Historical Trend
GMP History
Grey Market Premium trend
—
▲ 0 today
Updated less than a minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | — | 0.0% | ₹180 |
| 30 Oct 2026 | — | 0.0% | ₹180 |
| 29 Oct 2026 | — | 0.0% | ₹180 |
GMP is unofficial market data. Not a guarantee of listing performance.
About Modi's Navnirman Limited Public Issue & Market Profile
Modi's Navnirman Limited is bringing an initial public offering (IPO) in the Infrastructure & Construction sector with an aggregate issue size of ₹22.68 Crores. The shares are offered at a price band of ₹180 to ₹180 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Public Issue & Pricing Context:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 800 shares (approx. ₹1,44,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Basis of Allotment & Listing Timeline:
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2022-07-03, while un-allotted funds or UPI block mandates will be released on 2022-07-02.
Frequently Asked Questions
What is Modi's Navnirman Limited IPO GMP today?
The latest grey market premium for Modi's Navnirman Limited IPO is ₹0, which indicates an expected listing price of ₹180.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.