Navoday Enterprises SME IPO

About Company - Navoday Enterprises

About Navoday Enterprises SME IPO

Navoday Enterprises Limited IPO opens on 14 June and closes for subscription on 17^th June. This is a fixed price IPO that price is set at Rs. 20 per share, 2 times the face value of Rs. 10 per share. The minimum order quantity (lot size) is 6000 shares. Scroll down the page to know more about Navoday Enterprises SME IPO business overview, financials, pros, cons, timeline, GMP, allotment, subscription, and recommendations.

• Incorporated in: 2007
• Industry: Marketing
• Website: http://www.navodayenterprise.com/
• Issue size: Rs. 4.61 cr

About the Company – Navoday Enterprises Limited

Navoday Enterprises operates into the following key business segments or verticals;

1. Marketing Support and Advertising: This is the key business vertical wherein the company offers media and marketing support services including outdoor media, print media, and digital media services to customers.
2. Business Consultancy and Advisory: Offering services i.e. marketing research, management support for startup ventures, and others.
3. Financial Consulting Services: This segment provides consultancy solutions for transactions related to M&A (merger & acquisition), due diligence process compliance, valuation, economic analysis, etc.
4. Process Management Consultancy: The firm offers consultancy services for the product development process, supply chain design and assessment, regulatory process compliance, etc.

Navoday Enterprises SME IPO Strengths

• Strong foothold in multiple media offerings.
• Diversified business operations.
• Critical component supplier to packaging and allied machines manufacturers.
• Bouquet of management consultancy solutions.