Finally, there is an IPO that can make give you amazing returns on your investment. We are discussing the Navi Tech IPO which is continuously getting the hype among investors. There are many people who are looking for the Navi Tech IPO Date, Price, Allotment, Market Lot, Draft Papers and more. If you are one of those then stay with us and get all the updates on time. The available information will definitely help you to understand some major details about this Initial Public Offer. Read about Latest IPO in 2022 on our website.
Navi Tech IPO
Navi Tech is a well-known company and leading brand as well. It is a technology-driven financial products and services company in India. Now the company is ready to raise the funds through this IPO and expand in several aspects. The company is started by Flipkart Co-founder Sachin Bansal. He invested around Rs 4000 crore into Navi to date. Proceeds of the IPO will be used to invest in subsidiaries — Navi Finserv Pvt Ltd (NFPL) and Navi General Insurance Ltd (NGIL) — and for general corporate purposes. If you are looking for the name of Promoters then there is no such details available yet.
Navi Tech IPO Issue Size
The most important detail about an Initial Public Offering is Issue Size. So, on the basis of details, Navi Tech IPO Size is revealed by the company in DRHP. This is Rs 3,350 Crore Size IPO and definitely, there will be a huge number of shares will come during the opening. Now here is the complete information which is important to know before investing.
Navi Tech IPO Date
Now comes the IPO date that when the IPO will be open in the market. So we want to tell you that there is a huge possibility that this Navi Tech IPO will be open in the upcoming few months. It is the expectation that it will be open in June 2022. However, we will tell you briefly about the date when it comes to our knowledge.
Recently, the draft red herring prospectus has been filed by the company with Sebi. If you want to know the price band of Navi Tech IPO then stay with this website and very soon you will get brief details that how much price you have to pay to buy Navi Tech Share. Most probably, the details will be updated here. For further details don’t forget to bookmark the website in your browser for the latest news and updates.