Navodaya Enterprises Ltd

Navodaya Enterprises Ltd is primarily engaged into below verticals:

Marketing support and advertising services.

Company provides Outdoor, Print, Ground events/activations and digital marketing. Company’s primary offering is in outdoor or out-of-home media company also known as OOH advertising.

The offering of outdoor media includes advertising on hoardings, billboards on road, highways, streets, lamp post boards, mobile sign trucks, kiosks, traffic booth etc.

Company’s outdoor media operations are spread across Mumbai & Thane. We help our clients run a focused campaign in consumer populated areas.

Company is engaged in Events Management which includes planning, organizing and managing events. Company manages commercial events, corporate events, cultural events and also small brand promotion events for our clients.

Company is also engaged in branding and designing through print and online & digital media and also design various publicity materials for our clients such as phamplates, brochures, flyers etc for their own consumption. Company has in-house design capabilities for the same.


Management and Financial Consultancy services.

Company provides integrated solutions to our clients which includes management consultancy including market research, strategy, operations and process.

Consultancy also includes crucial aspects like corporate finance, working capital finance, project finance and financial restructuring to corporate and are primarily focused on small and mid sizes enterprises (SMEs).

Company also funds the requirements of our clients and business associates by providing short term loans and advances to them and earning interest income from the same. These advances are made typically in our known circle and through proper reference checks.

Company also provides business consulting including market research, strategy and operations and process consulting.



Component supply and support services to manufacturers of packaging and allied machines.

Company supplies critical components to manufacturers of packaging and allied machines. Company is also the service provider of Packaging Machine Consultancy Service to our customers.

Company provides guidance to our clients about machinery and how to install it and how to use it. company provide the guidance regarding the management of the machines to our clients.

These component includes sealers, barring, gears, timing belts, cutter, ms cutter, brass gear, shut collars, carbide, sensors, and piston amongst others.




Management Team:

  1. Mr. Anand V. Mode (Designation: Managing Director)
  2. Mr. Sachin S. Garud (Designation: Non Executive and Independent Director)





Objectives of the Issue:

  • Meeting Additional Working Capital Requirements.
  • General Corporate Purpose.



Financials of the Company:

(in Crores) FY 18 FY 19 FY 20 31st Dec 2021
Revenue 23.11 16.51 48.27 14.84
Net Profit 0.55 0.35 1.12 0.39



Valuation of Peer Group Companies:

Company Name Face Value EPS PE Ratio RoNW NAV
Navoday Enterprises Ltd 10 7.28 2.75 39.26% 18.53
Pressman Advertising Ltd 2 2.24 11.99 13% 17
VLS Finance Limited 10 4.55 26.96 2% 452



IPO Details:

Details Info
Issue Opens on 14th June 2021
Issue Closes on:. 17th June 2021
Issue Price Rs.20
Face Value Rs.10
Minimum Lot 6000 Shares
Minimum Investment Rs.1,20,000
Issue Constitutes 59.78%
Issue Size Rs.4.6 cr
Market Cap Rs.7.7 cr
Listing at BSE SME
Equity Shares Offered 23,04,000
Equity Shares Prior to the Issue 15,50,000
Equity Shares after the issue 38,54,000

Also Read : List of Upcoming IPO’s in India.


Important Dates:

Finalization of Basis of Allotment on or Before 21st June 2021
Initiation of Refunds on or Before 22nd June 2021
Credit of Equity Shares: on or Before 23rd June 2021
Listing Date: on or Before 24th June 2021


IPO Valuation Parameters:

Earnings Per Share (EPS) Price To Earnings ratio (PE) Return on Net Worth (RoNW) Net Asset Value (NAV)
7.28 2.75 39.26% 20.43



Company Contact Info:
Navodaya Enterprises Ltd
D-107, Crystal Plaza,
Opposite Infinity Mall, New Link
Road, Andheri West,
Mumbai – 400 053, Maharashtra, India
Tel: +91 22 4968 6123;


IPO Registrar Info:
Unit. No 49, Building No. 13 AB,
2nd Floor, Samhita Commercial Co-Op Society
Ltd, Off Andheri Kurla Road, MTNL Lane, Saki Naka,
Mumbai – 400 072, Maharashtra, India.
Tel. : +91-22- 28520461/462
Email Id:


Lead Manager to the Issue:
2nd Floor, Viraj Tower, Nr. Andheri Flyover (North End),
Western Express Highway, Andheri (East) Mumbai – 400 069
Tel No: +91 22 4075 1500