Modi's Navnirman Limited

Jun 23, 2022 - Jun 28, 2022

Price ₹180 - ₹180
Premium ₹0
Lot size 800
Allotment -
Listing -

Category Lot(s) Qty Amount Reserved
Retail 1 800 144000 0
HNI 2 1600 288000 0
Investor CategorySubscription (times)
Qualified Institutions[.]
Non-Institutional Buyers2.76
Retail Investors1.22
Employees[.]
Others[.]
Total1.99
About

Modi's Navnirman Limited Logo

Incorporated in 2015, Modi's Navnirman Limited is a real estate company. The company is engaged in construction services. Modi's Navnirman business model focuses on designing and developing products to address consumer needs across price points.

Currently, the company has 2 Ongoing and 2 upcoming residential projects and 3 Ongoing and 3 upcoming Residential-cum-Commercial projects.

Modi's Navnirman's all the completed, ongoing and upcoming projects are located in Mumbai. The company's project names begin with the word "Rashmi" (such as "Rashmi Sadhna", "Rashmi Sheela" "Rashmi Terrace", etc).


Competitive Strengths:

  • Experienced Management Team.
  • Established brand and reputation.
  • Proven execution capabilities.
  • Strong project pipeline providing cash flow visibility

Company Financials

Modi's Navnirman Limited Financial Information (Restated)
Period Ended Total Assets Total Revenue Profit After Tax
31-Mar-20 998.48 2195.46 139.78
31-Mar-21 735.21 1322.34 37.83
31-Mar-22 3098.29 1151.07 132.7
Amount in ₹ Lakhs
Lead Manager(s)
Strength
Weakness
Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com