What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Navoday Enterprises Limited IPO?

Navoday Enterprises Limited IPO has received a total subscription of 0.00 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Navoday Enterprises Limited

ListedSME

Industrials · BSE

Incorporated in 2007, Navoday Enterprises Limited operates across three key business areas including marketing support and advertising, management and financial consultancy, and component supply services. The company offers outdoor and out-of-home advertising services such as hoardings, billboards, kiosks, lamp post boards, and mobile sign trucks across Mumbai and Thane, along with event management services for corporate, commercial, cultural, and brand promotion events. Its financial consultancy segment provides support in areas like market research, working capital finance, corporate finance, and financial restructuring, while the component supply segment caters to manufacturers of packaging and allied machines by supplying essential components such as sealers, belts, cutters, gears, sensors, and other related parts.

Price Band

₹20

Issue Size

₹5.00 Cr

Lot Size

6000 shares

GMP

₹14

+70.0%

Est. Listing

₹34

at current GMP

Subscribed

—

Open

14 Jun 2021

17 Jun 2021

Allotment

21 Jun 2021

Refund

22 Jun 2021

Demat Credit

23 Jun 2021

Listing

25 Jun 2021

Last updated 10 months ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

0.00x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

0.00x

High Net-Worth

Retail (RII)

0.00x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 0.00x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
Qualified Institutional (QIB)	1,250,000	—	0.00x
Non-Institutional (NII / HNI)	375,000	—	0.00x
Retail Individual (RII)	875,000	—	0.00x
Total	2,500,000	0	0.00x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 1.00x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	146	146	1.00x
HNIs (10L +)	1	1	1.00x
HNIs (2-10L)	4	4	1.00x
Total Applications	151	151	1.00x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Navoday Enterprises Limited Public Issue & Market Profile

Navoday Enterprises Limited is bringing an initial public offering (IPO) in the Industrials sector with an aggregate issue size of ₹5 Crores. The shares are offered at a price band of ₹20 to ₹20 per equity share on BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

Bidding & Quota Instructions:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Allotment Reconciliation Schedule:

Following the close of bidding on 2021-06-17, the basis of allotment is scheduled to be finalized on 2021-06-21. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Satellite Corporate Services Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Navoday Enterprises Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Navoday Enterprises Limited IPO is ₹14 per equity share. Based on the upper price band of ₹20 to ₹20 per equity share, the estimated listing price is ₹34 (+70.0% expected listing gain).

What is the expected profit per lot for Navoday Enterprises Limited IPO?

With a lot size of 6000 shares and current GMP of ₹14, the expected profit per application lot is approx ₹84,000 (+70.0% gain). Minimum application cost is approx ₹1,20,000.

What is the issue size and price band for Navoday Enterprises Limited IPO?

The Navoday Enterprises Limited IPO aggregate issue size is ₹5 Crores with an equity price band set at ₹20 to ₹20 per equity share. The retail lot size is 6000 shares requiring a minimum capital outlay of approx. ₹1,20,000.

How can I check Navoday Enterprises Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.

Where and when will Navoday Enterprises Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Satellite Corporate Services Private Limited) and the BSE status verification website on or around 2021-06-21. Investors can verify status using PAN card or application number.

When is the listing date for Navoday Enterprises Limited IPO?

Navoday Enterprises Limited shares are scheduled to list on BSE on 2021-06-25.