Navkar Corporation Ltd IPO

Closed

IPO Subscription Details

  • Open Date 24 Aug
  • Close Date 26 Aug
  • Lot Size 95
  • IPO Size ₹ 600 Cr
  • IPO Price Range ₹ 155
  • Min Investment ₹ 14725

IPO Synopsis

Initial public offering of 38709676 equity shares of face value of Rs.10 each (the equity shares) of Navkar Corporation Limited (NCL or the company or the issuer) for cash at a price of Rs. 155 per equity share (including a share premium of Rs. 145 per equity share) (The offer price) aggregating to Rs. 600 crore (The offer). The offer comprises a fresh issue of 32,903,225 equity shares aggregating to Rs. 510 crore by the company (The fresh issue) and an offer for sale of 5,806,451 equity shares aggregating to Rs. 90 crore by Sidhhartha Corporation Private Limited (The selling shareholder) (The offer for sale). The offer shall constitute 27.14% of the post-offer paid-up equity share capital of the company. The Offer Price is Rs. 155 per equity shares of face value of Rs. 10 each. The offer price is 15.5 times the face value.

How to apply for IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Navkar Corporation Ltd IPO

Contact Information

Address

205-206 J K Chambers,
Sector 17 Vashi,
Navi Mumbai, Maharashtra 400703