Nakshatra Asset Ventures IPO Details

SME BSE

Nakshatra Asset Ventures IPO Summary

Nakshatra Asset Ventures IPO DRHP (Draft Red Herring Prospectus) has been Filed with Exchange.

Offer for Sale consists of 42,99,000 shares (aggregating up to ₹0.00 Cr.). Pre-issue shareholding stands at 8,94,42,220, which will increase to 11,60,76,220 post-issue.

Nakshatra Asset Ventures IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.

The Lead Managers for Nakshatra Asset Ventures IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Narnolia Financial Services Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the Nakshatra Asset Ventures Limited DRHP.

Nakshatra Asset Ventures IPO Details

Open Date

Close Date

Listing Date

Issue Price

₹0 - ₹0

Face Value

₹2 per share

Lot Size

0 Shares

GMP

₹0

Issue Type

IPO

Listing On

BSE

Type

Book Built Issue

Pre-issue Shareholding

8,94,42,220 shares

Post-issue Shareholding

11,60,76,220 shares

Total Issue Size

Fresh Issue

Offer for Sale

42,99,000 shares(aggregating up to ₹0.00 Cr.)

DRHP Status

Filed with Exchange

Nakshatra Asset Ventures IPO Lot Size

Application	Lots	Shares	Amount
To be announced

Nakshatra Asset Ventures IPO Reservation

Promoter Holding

Pre Issue:

90%

Post Issue:

65.65%

Promoter Names:

Mr. Amar Vijaykumar Agrawal, Mr. Ajay Vijaykumar Agrawal, M/s Ajay Agrawal HUF, M/s Amar Agrawal HUF

Documents

DRHP

Nakshatra Asset Ventures IPO DRHP

Nakshatra Asset Ventures IPO Valuations

ROE37.98%

ROCE49.71%

RONW37.98%

Nakshatra Asset Ventures Financial Information

Period Ended	30 Sep 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	121.23	97.45	88.44	81.5
Total Income	25.63	48.11	32.6	30.42
Profit After Tax	17.15	30.95	21.86	18.29
Net Worth	98.64	81.5	43.84	21.98
Reserves and Surplus	80.76	63.61	42.37	20.52
Total Borrowing	0.59		2.98
Amount in ₹ Crore

About Nakshatra Asset Ventures IPO

Nakshatra Asset Ventures Limited (NAVL), formerly known as Nakshatra Corporate Advisors Limited, is a public limited company incorporated on July 31, 2013, with its registered office in Nagpur, Maharashtra, India.The company specializes in stressed asset resolution and turnaround services, offering a comprehensive range of solutions for stakeholders including borrowers, lenders, and intermediaries such as Asset Reconstruction Companies (ARCs).

Key Services and Business Segments

Corporate Advisory: NAVL provides equity and debt advisory services in both stressed resolutions and growth situations.
Insolvency and Bankruptcy: The company has a robust team of insolvency professionals operating under its Insolvency Professional Entity (IPE), Nakshatra Insolvency Resolution Professional Limited, offering services from restructuring procedures to liquidation processes.
Alternative Investment Funds (AIFs): NAVL sponsors two SEBI-registered AIFs:

Nakshatra Special Situation Fund (Category I): Focused on acquiring stressed assets with a corpus of ₹100 crores.
Nakshatra Stressed Assets Fund (Category II): Invests primarily in growth-stage and unlisted companies facing scaling challenges.

Strength Of Nakshatra Asset Ventures IPO

To be announced

Risk Of Nakshatra Asset Ventures IPO

To be announced

Objectives Nakshatra Asset Ventures IPO

1. To meet out the expenses of Identified Acquisition.

2. To meet out the expenses towards minimum contribution for AIF.

3. To meet out the expenses for Investment in Subsidiary of the Company, Nakshatra Investment Managers Private Limited.

4. To meet out the expenses for Investment in proposed Subsidiary of the Company, Nakshatra Alternative Investment Private Limited.

5. To meet out the expenses for General Corporate Purpose.

Company Contact Details

Nakshatra Asset Ventures Ltd.
Ho. No. 1016/Pl. No. 377, Flat No
Nakshatra-3rd Floor, Gandhi Nagar, Ambazari Road,
Shankar Nagar, Nagpur
Nagpur, Maharashtra, 440010
Phone: +91-9112221225
Email: compliance@nakshatraassetsventures.com
Website: http://www.nakshatraassetventures.com/

Registrar Contact Details

Name:

Bigshare Services Pvt Ltd

Phone:

+91-22-62638200

Email:

ipo@bigshareonline.com

Website:

https://ipo.bigshareonline.com/ipo_status.html

Lead Mangers

Market Maker

To be announced

Nakshatra Asset Ventures FAQs

The Nakshatra Asset Ventures IPO is a SME public issue comprising 0 equity shares with a face value of ₹2 each, aggregating to a total issue size of . The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.

The IPO opens for subscription on TBA, and closes on TBA.

Bigshare Services Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE

The Nakshatra Asset Ventures IPO opens on TBA.

Nakshatra Asset Ventures IPO lot size is 0, and the minimum amount required for application is ₹0.

You may apply for the Nakshatra Asset Ventures IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the Nakshatra Asset Ventures IPO is scheduled to be finalized on TBA. Subsequently, the shares allotted will be credited to investors’ demat accounts by TBA. Investors are advised to regularly check the Nakshatra Asset Ventures IPO allotment status for updates.

The listing date for the Nakshatra Asset Ventures IPO has not yet been officially announced. However, the tentative listing date is scheduled for TBA.

Nakshatra Asset Ventures IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at TBA.