JKB Financial Services Ltd.

Modi's Navnirman Ltd
Registered Office: Shop 5 CTS 947/A Kandivali (W), Rashmi Tara Datta Mandir, Mumbai - 400067, Maharashtra
Phone: 91-98199 89100
Email: info@modisnirman.com
Website: www.modisnirman.com
Initial public offer of 12,60,000 equity shares of Rs. 10 each (Equity Shares) of Modi's Navnirman Limited (MNL or the Company) for cash at a price of Rs. 180 per share (the Issue Price), aggregating to Rs. 22.68 crores (The Issue), of which 68,000 equity shares of Rs. 10 each will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less market maker reservation portion i.e. issue of 11,92,000 equity shares of Rs. 10 each is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 29.79% and 28.18%, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10 and the issue price is 18 times of the face value.

Modi's Navnirman Ltd

Registered Office: Shop 5 CTS 947/A Kandivali (W), Rashmi Tara Datta Mandir, Mumbai - 400067, Maharashtra

Phone: 91-98199 89100

Initial public offer of 12,60,000 equity shares of Rs. 10 each (Equity Shares) of Modi's Navnirman Limited (MNL or the Company) for cash at a price of Rs. 180 per share (the Issue Price), aggregating to Rs. 22.68 crores (The Issue), of which 68,000 equity shares of Rs. 10 each will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less market maker reservation portion i.e. issue of 11,92,000 equity shares of Rs. 10 each is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 29.79% and 28.18%, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10 and the issue price is 18 times of the face value.

Issue	Money Payable On
23-Jun-2022	28-Jun-2022	₹ 180.00	₹ 0.00

Issue

Money Payable On

Opens On

Closes On

Application

Allotment

23-Jun-2022

28-Jun-2022

₹ 180.00

₹ 0.00

Minimum Application for shares in Nos : 800 Further Multiples of : 800
Project Cost	22.00	Aryaman Financial Services Ltd
Project Financed through Current Offer	22.68
Post Issue Equity Share Capital	4.23
Issue Price	₹180.00

Minimum Application for shares in Nos : 800 Further Multiples of : 800

(₹)Cr.

Lead Managers to the Issue

Project Cost

22.00

Aryaman Financial Services Ltd

Project Financed through Current Offer

22.68

Post Issue Equity Share Capital

4.23

Issue Price

₹180.00

Projects
Investment in subsidiary company - SMNPL for repayment of its outstanding unsecured loans
General corporate purposes

Projects

Investment in subsidiary company - SMNPL for repayment of its outstanding unsecured loans

General corporate purposes

Promoted By
Dineshkumar Modi
Rashmi Modi
Mahek Modi

Promoted By

Dineshkumar Modi

Rashmi Modi

Mahek Modi

Listing At
BSE - SME

Listing At

BSE - SME

Registrar to the Issue
Bigshare Services Pvt Ltd

Registrar to the Issue

Bigshare Services Pvt Ltd

INDIAN INDICES

Sensex

84,379.96 1,195.16 (1.44%)

Nifty

25,794.65 378.85 (1.49%)

GLOBAL INDICES

USD

83.95 -0.07 (-0.08%)

NASDAQ

18,013.98 440.68 (2.51%)

HANG SENG

18013.16 353.14(2.00%)

GET IN TOUCH

IPO Details