Navi Technologies IPO
mainboardupcomingAbout the company
In 2018, soon after exiting Flipkart, the co-founder and former chairman of the e-commerce platform decided to switch gears. Sachin Bansal made his foray into the burgeoning finance industry with Navi Technologies. The Bansal-owned fintech aims to become a disruptor in this space. From personal loans and home loans to general insurance and mutual funds, the fintech player offers a variety of financial products and services on its digital platform. And now, the company is all set to tap the equity markets to fuel its growth. The company plans to launch the Navi Technologies IPO and list on the bourses. The proceeds raised via the fresh issue of the Navi Technologies IPO will be used for augmenting the capital base of the company’s subsidiary Navi Finserv (NFPL), which is a non-banking financial company. The money will also be used to shore up the capital base and maintain the current solvency levels of Navi General Insurance.
GMP trend (Grey Market Premium by date)
| Date | GMP (₹) | Est. Listing | Change |
|---|---|---|---|
| 04 Sep | ₹0 | ₹0 | 0 |
| 03 Sep | ₹0 | ₹0 | 0 |
| 02 Sep | ₹0 | ₹0 | -1 |
| 01 Sep | ₹1 | ₹1 | 0 |
| 31 Aug | ₹1 | ₹1 | 0 |
| 30 Aug | ₹1 | ₹1 | +1 |
| 29 Aug | ₹0 | ₹0 | -1 |
| 28 Aug | ₹1 | ₹1 | 0 |
Strengths
Risks
Financial performance (₹ Cr)
IPO Roadmap / Timeline
IPO Opens
UpcomingTBABidding starts for all investor categories
IPO Closes
UpcomingTBALast day to place your bid
Basis of Allotment
UpcomingTBAShare allotment finalised
Refund Initiation
UpcomingTBARefunds credited for non-allottees
Credit to Demat
UpcomingTBAAllotted shares credited to demat account
Listing on Exchange
UpcomingTBAShares list on NSE / BSE
Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.
Lot size & minimum investment
| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail | 1 | 0 | ₹0 | Infinity | ₹NaN | ≤ ₹2,00,000 |
| sHNI (Small HNI) | Infinity | NaN | ₹NaN | Infinity | ₹NaN | ₹2L – ₹10L |
| bHNI (Big HNI) | Infinity | NaN | ₹NaN | Infinity | ₹NaN | > ₹10L |
Shares reserved per category & allotment probability
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | NaN | NaN | NaN | 0.00x | 100% |
| NII | 15% | NaN | NaN | NaN | 0.00x | 100% |
| Retail | 35% | NaN | NaN | NaN | 0.00x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).