Sunday, March 27, 2022

Navi Technologies IPO Date, Review, Price, Allotment, Analysis Details

Navi Technologies IPO date is not fixed, Navi Tech IPO is to hit the market in the coming months/year as the company filed DRHP with SEBI. The company to raise ₹3350 crores via IPO that comprises fresh issue of ₹3350 crores and an offer for sale up to - equity shares of ₹- each. The retail quota is 10%, QIB 75% and NII is 15%.
 
Founded and promoted by Sachin Bansal (Flipkart co-founder) Navi Technologies is a tech-driven financial products and services provider. They are offering personal loans, housing loans, general / health insurance, and mutual funds via their App. Navi is a digital lending app that provides loans up to ₹20 lakhs instantly through a completely paperless process. The company was founded in 2018 and the founder invested in the company. Check out Navi Technologies IPO details.
 
Important Details:
  • Founded by Sachin Bansal (Co-founder of Flipkart)
  • The technology-driven company offers financial products via its Navi App.
  • The company reported revenues of around 779 crores in 2021 vs 199 crores in 2020.
  • The company reported revenues of around 71 crores in 2021 vs loss in 2020.
  • To get the approval for IPO the company requires NBFC approval from RBI.
  • Simple and fully online contactless KYC process for loan approvals.
  • Likely to consider pre-IPO placement aggregating to Rs 670 crore.
Navi Technologies


    Navi Technologies IPO Review (Good or Bad)

    • To be updated soon

    Brokerage Firm IPO Reviews

    • Arihant Capital: -
    • Angel Broking: -
    • Capital Market: -
    • Ventura Securities: -
    • ICICI Securities: -
    • Choice Broking: -
    • Marwadi Financial: -

    Navi Technologies IPO Date & Price Band

     IPO Open:  To be updated soon
     IPO Close:  To be updated soon
     IPO Size:  Approx ₹3350 Crores
     Fresh Issue:  Approx ₹3350 Crores
     Offer for Sale:  Approx - Equity Shares 
     Face Value:  ₹- Per Equity Share
     Price Band:  ₹- to ₹- Per Share
     Listing on:  BSE & NSE
     Retail Quota:  10%
     QIB Quota:  75%
     NII Quota:  15%
     Discount:  N/A
     DRHP Draft Prospectus:  Click Here
     RHP Draft Prospectus:  Click Here

    Navi Technologies IPO Market Lot

    The Navi Technologies IPO minimum market lot is - shares with ₹- application amount. The retail investors can apply up-to 13 lots, - shares with ₹- application amount.
     Minimum Lot Size:  Minimum - Shares for 1 lot
     Minimum Amount:  ₹- for 1 lot
     Maximum Lot Size:  Maximum - Shares for 13 lot
     Maximum Amount:  ₹- for 13 lot

    Navi Technologies IPO Time Table, Allotment & Listing

    The Navi Technologies IPO date is To be updated soon and the IPO close date is To be updated soon. The allotment date is To be updated soon and the IPO may list on To be updated soon.
     Price Band Announcement:  To be updated soon
     Anchor Investors Allotment:  To be updated soon
     IPO Open Date:  To be updated soon
     IPO Close Date:  To be updated soon
     Basis of Allotment:  To be updated soon
     Refunds:  To be updated soon
     Credit to Demat Account:  To be updated soon
     IPO Listing Date:  To be updated soon

    Navi Technologies IPO Form

    How to apply for the Navi Technologies IPO? You can apply Navi Technologies IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Navi Technologies IPO in the Invest section. The other option you can apply for Navi Technologies IPO via IPO forms download via NSE and BSE. Check out the Navi Technologies forms - BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.

    Navi Technologies Financial Report

      ₹ in Crores

    Income Expense PAT
    2019 ₹17 ₹13 ₹2.01
    2020
    ₹207 ₹204 -₹8.07
    2021
    ₹780 ₹674 ₹71.19
    2022 9M
    ₹719 ₹966 -₹206.43

    Navi Technologies IPO Valuation - FY2021

    Check Navi Technologies IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
     Earning Per Share (EPS):  ₹2.47 per Equity Share
     Price/Earning P/E Ratio:  -
     Return on Net Worth (RoNW):  1.81%
     Net Asset Value (NAV):  ₹136.51 per Equity Share

    Peer Group

    • Bajaj Finance Limited
    • SBI Cards and Payment Services Limited
    • CreditAccess Grameen Limited
    • ICICI Lombard General Insurance Company Limited
    • Star Health and Allied Insurance Company Limited
    • HDFC Asset Management Company Limited
    • Nippon Life India Asset Management Limited
    • Aditya Birla Sun Life AMC Limited
    • UTI Asset Management Company Limited

    Company Promoters

    • Rajan Meenathakonil Thomas
     

    Navi Technologies IPO Registrar

    Link Intime India Private Limited
    C-101, 1stFloor, 247 Park L.B.S. Marg,
    Vikhroli (West) Mumbai 400 083 Maharashtra, India
    Tel:  +91 22 4918 6200
    E-mail: navitech.ipo@linkintime.co.in
    Investor grievance e-mail: navitech.ipo@linkintime.co.in
    Website: www.linkintime.co.in

    Navi Technologies IPO Allotment Status Check

    Check Navi Technologies IPO allotment status on Linkintime website allotment URL. Click Here

    Navi Technologies IPO Lead Managers

    • Axis Capital Limited
    • BofA Securities India Limited 
    • Credit  Suisse  Securities  (India) Private Limited
    • Edelweiss Financial Services Limited
    • ICICI Securities Limited

    Company Address

    Navi Technologies Private Limited
    3rdFloor, Salarpuria Business Center,
    93, 5thA Block, Koramangala IndustrialLayout,
    Bengaluru - 560 095, Karnataka, India
    Tel: +91 80 4630 6900
    Website: www.navi.com
    Contact Person: Thomas Joseph
    Company Secretary and Compliance Officer
    E-mail: cs@navi.com
    Corporate Identity Number: U72900KA2018PLC119297

    Navi Technologies IPO FAQs


    What is Navi Technologies IPO?

    Navi Technologies IPO is a main-board IPO. They are going to raise ₹3350 Crores via IPO. The issue is priced at ₹- to ₹- per equity share. The IPO is to be listed on BSE & NSE.

    When Navi Technologies IPO will open?

    The IPO is to open on To be updated soon for QIB, NII, and Retail Investors.

    What is Navi Technologies IPO Investors Portion?

    The investors' portion for QIB is -%, NII -%, and Retail -%.

    How to Apply the Navi Technologies IPO?

    You can apply Navi Technologies IPO via ASBA online via your bank account. You can also apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

    How to Apply the Navi Technologies IPO through Zerodha?

    Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name "Navi Technologies". Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

    How to Apply the Navi Technologies IPO through Upstox?

    Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name "Navi Technologies". Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve - mandate. Open Demat Account with Upstox.

    How to Apply the Navi Technologies IPO through Paytm Money?

    Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name "Navi Technologies". Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve - mandate. Open Demat Account with Upstox.

    What is Navi Technologies IPO Size?

    Navi Technologies IPO size is ₹3350 crores. The IPO comprises ₹3350 crores fresh issue and offers for sale of - equity shares.

    What is Navi Technologies IPO Price Band?

    Navi Technologies IPO Price Band is ₹- to ₹- per equity share.

    What is Navi Technologies IPO Minimum and Maximum Lot Size?

    The minimum bid is - Shares with ₹- amount while the maximum bid is - shares with ₹-.

    What is Navi Technologies IPO Allotment Date?

    Navi Technologies IPO allotment date is To be updated soon.

    What is Navi Technologies IPO Listing Date?

    Navi Technologies IPO listing date is To be updated soon. The IPO to list on BSE and NSE.

    Note: The Navi Technologies IPO details will be updated as per the final announcements. The IPO grey market premium (Navi Technologies IPO Premium) is updated on their particular page. You can check our IPO grey market page for daily updates.)

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