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Novavente Ltd.

IPO Details
  • Issue Type Book building
  • Price range
  • Market Lot
  • Total Equity Shares 1334000
  • Face Value Rs. 10
  • Listing Date
IPO Timeline
Opening date
Closing date
Listing Date

IPO Details

Novavente, is a Mumbai based “Sales Organization” that was founded by first generation entrepreneurs Mr. Ronak Rajan and Mr. Samrat Dilip Parasnis in 2016. Both founders are experienced in Sales, Mr. Ronak Rajan and Mr. Samrat Dilip Parasnis have overall work experience of more than 16 years and 19 years respectively. Company provides services related to sales-as-a-managed services, Demand generation-as-a-service, End-to-end sales, the Sales school and SalesMinds Gen-AI Platform to clients engaged in in Software & Software Services, IT Services, Engineering Products, Oil & Gas, Energy, Defence & Aerospace, Media and other such industries.

Projects

1. Project Name: Working Capital Requirements

Project Cost: 60

2. Project Name: Investment in software; For Acquiring of the usage right of “Sales Mind” platform from Thought Minds

Project Cost: 25

3. Project Name: Expansion of business - for development of “The Sales School” as an online Technology Sales Training

Project Cost: 36.4

Promoters

Prmoters Name

1. Ronak Rajan

2. Samrat Dilip Parasnis

Prmoters Holdings
  • Pre Share Capital: 3699260
  • Pre Promoter Holding: 99.98
  • Offer to Public: 1334000
  • Post Share Capital:
  • Post Promoter Holding:

Registrar

Registrar Name:Link Intime India Pvt Ltd.
Phone: 91-022-25946970/71/72/73/74/75/76/77/78/60320
Email: helpdesk@linkintime.co.in
Website: www.linkintime.co.in

Lead Managers

  • Khambatta Securities Ltd.

Subscription Details