IPO

Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing

Novavente Ltd

Registered Office : No.307 & 308 3rd Flr Bldg No.3,Millenium Business Park Sec.3,Navi Mumbai Maharashtra 400710 Phone : +91 88284 81050
Fax :

Email : investor.relations@novavente.com

Website : www.novavente.com

Initial public offer of up to 13,34,000* equity shares of face value of Rs. 10/- each (the "Equity Shares") of Novavente Limited ("the Company" or "Novavente" or "the Issuer") at an issue price of Rs. [*] per equity share for cash, aggregating to Rs. [*] crores ("Public Issue") out of which upto 67,000* equity shares of face value of Rs. 10/- each, at an issue price of Rs. [*] per equity share for cash, aggregating to Rs. [*] crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of upto 12,67,000* equity shares of face value of Rs. 10/- each, at an issue price of Rs. [*] per equity share for cash, aggregating to Rs. [*] crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute [*] % and [*] % respectively of the post-issue paid-up equity share capital of the company. The price band and the minimum bid lot will be decided by the company. * Subject to finalisation of basis of allotment.

Issue

Opens On

Closes On

01-Jan-1970

Money Payable On

Application

Allotment

0.00

Minimum Application for shares in Nos : 0.0 Further Multiples of : 0.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.00

5.03

0.00

Khambatta Securities Ltd

Projects

Working capital requirements

Investment in software: for acquiring of the usage right of "Sales Mind" platform from thought minds for providing services to end users

Expansion of business - for development of "the sales school" as an online technology sales training and career program platform

Funding inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes

Promoted By

Ronak Rajan

Samrat Dilip Parasnis

Listing At

NSE - SME

Registrar to the Issue

MUFG Intime India Pvt Ltd