Mumbai: Modi’s Navnirman Limited became the 378th company to get listed on the BSE SME Platform on July 6, 2022.
The company came out with an initial public offering of 12,60,000 Equity Shares of Rs.10 each for Cash at a Price of Rs 180 Per Equity Share, Aggregating to Rs 22.68 Crore.
The company successfully completed its public issue on June 28, 2022.
Modi’s Navnirman Limited is a Maharashtra-based company whose registered office is in Mumbai. The company engaged in the construction of residential and commercial projects, business would adversely be affected by variation in availability, cost, and quality of raw materials and labor.
The company procures building materials for our projects, such as steel, cement, flooring products, hardware, bitumen, sand and aggregates, doors and windows, bathroom fixtures, and other interior fittings, from third-party suppliers.
Mumbai-based ARYAMAN FINANCIAL SERVICES LIMITED was the lead manager of Modi’s Navnirman Limited.
