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Home / IPO / Modis Navnirman
LISTEDSME

Modis Navnirman IPO

Open 23rd Jun 2022 · Close 28th Jun 2022 · Listing 6th Jul 2022

Verified 2026-08-2383% data coverage
Issue Price₹180.00
Listing Price₹189.00
Current Price—
Listing Gain5.00%
Current Return—
OverviewOverviewSubscriptionSubs.1.99×GMPGMP₹0.00AllotmentAllot.1st Jul 2022
ListingTimelineLot SizeCompanyObjectivesFinancialsKPIsValuationRegistrarLead ManagersDocumentsExpensesRecommendations

IPO Objectives

Modis Navnirman IPO — dedicated ipo objectives page.

Objects of the Issue

#PurposeEstimated Amount
1Investment in subsidiary company – SMNPL for Repayment of its outstanding unsecured loans₹17.79 Cr
2General Corporate Purpose₹4.21 Cr