Navi Technologies IPO

Navi Technologies is looking to raise Rs 3350 crore through its initial public offering, according to the DRHP filed with SEBI.

Navi Technologies is a technology-driven financial products and services company in India focusing on the digitally connected young middle-class population of India. The company is uniquely positioned in India as one of the leading end-to-end digital ecosystem players with complete control over all three non-payments financial service offerings – lending, insurance and asset management, according to the RedSeer Report.



Navi Technologies IPO Objectives:

The company proposes to invest the net proceeds towards augmenting the capital base of NGIL, to ensure that NGIL is able to maintain its solvency levels and meet its future capital requirements.



Opening Date

To be announced

Closing Date

To be announced

Price Band

To be announced

Issue Size

To be announced

Face Value

To be announced

Market Lot

To be announced

Listing at NSE, BSE

IPO Open Date To be announced
IPO Close Date To be announced
Allotment Date To be announced
Initiation Of Refunds To be announced
Credit Of Shares To
Demat Account
To be announced
IPO Listing Date To be announced
UPI Mandate Expiry Date To be announced

Financial Highlights

Particulars March 31, 2021 March 31, 2020 March 31, 2019
Basic earnings per share (in ₹) 2.47 2.09 7.31
Diluted earnings per share (in ₹) 2.45 2.09 7.31
Return on net worth (in ₹) 1.81 0.20 3.90
Net asset value per share (in ₹) 136.51 137.4 104.0
EBITDA (in ₹ million) 2,342.18 477.32 45.68

How to apply in IPO via UPI on Dynami

A simple and smartest way to Apply in IPO online via Religare Dynami Mobile App

Why should you invest in the Navi Technologies IPO ?

Here are our top reasons:

  • By FY2026, the Indian consumer market is expected to grow to more than the US $300 billion.
  • As per Red Seer, approximately 40% of the total Indian population was covered under health insurance and it is estimated to become 55 65% by the FY2026.
  • India is going to have almost 1 billion internet users by the end of 2026 due to high usage of mobile phones and internet plans. Navi Technologies follow an ”app-only” model making them more accessible and convenient.

Know before investing

Strengths Risks
Mobile first approach driving better customer engagement and experience High dependence on customer’s trust - any failure in enhancing the image of the brand can affect the business
Risk management, data science and machine learning leveraged operating model Cloud computing software and data centers can be affected due to long system downtime and prolonged power outages
Promoter’s track record and experienced management team Possibility of risks not getting identified due to technology-based risk management team which can affect the business
Strong tech team and value-based workplace ethos Not being able to sustain the growth or manage it properly

How to apply for Navi Technologies IPO ?

Retail investors need to apply for the IPO using UPI

UPI

  • Link your bank account to a UPI ID.
  • Register your UPI id with your Demat account.
  • Subscribe for Navi Technologies IPO and approve the payment on your UPI ID.

Demat Account

  • If you are an existing Dynami user, Pre-Apply Now!
  • If you’re a new investor, open demat account for free with our Dynami App and begin your investment journey.

How to open a Demat & Trading Account?

Demat & Trading Account
Form fill up Demat & Trading Account

Fill up your personal details in the form above

Share Personal Details Demat & Trading Account

Fill up your DOB, PAN, email & bank account details

OTP Authentication Demat & Trading Account

Upload your photo and e-sign your application via Aadhaar OTP

How to open a Demat & Trading Account?

Open Demat Account

Frequently asked questions

  • An IPO also known as initial pulic offering or stock launch is a process when a private company sale its shares to public for the first time. Learn more about IPO at our knowledge centre.

  • According to DRHP filed with SEBI (Securities and Exchange of India), Navi technologies will be looking to raise rs. 3,350 crore through IPO (Initial Public Offering).

  • A lot size is the minimum number of shares that an investor has to bid for. A lot size differs for each IPO and is fixed by the company.

  • IPO Price Band is the price range within which investors can bid for the shares. The minimum price is called the floor price and the maximum price is called the cap price.

  • Issue size is the total value of an IPO. It is calculated by multiplying the number of shares offered by the company by the issue price per share.

  • You will receive an email on your registered email id if the IPO shares are allotted to you. Alternatively, you can also visit the registrar of the company’s official website and provide the details as asked in the allotment status section of the website.

  • IPOs, as such, do not have any taxes. You are taxed only when you decide to sell the IPO shares. Any monetary profit you make while selling the IPO shares is referred to as ‘capital gains’.

    Capital gains tax is charged depending on how long you held the shares for. If you owned the shares for less than 12 months, it is considered as short-term capital gains and if it is over 12 months, it is referred as long-term capital gains.

    Tax on short-term capital gains is 15%. It is 10% for equity gains in the long run (over 12 months). Do remember that you are taxed if the equity proceeds exceed Rs 1 lakh.