Navoday Initial Public Offering To Start On 14th June
- ByStartupStory | June 14, 2021
On 14th June, Navoday Enterprises Ltd will launch its Rs. 460.80 lakhs SME IPO. The IPO is planned to be listed on BSE’s SME platform. The fresh issue of Equity Shares will be made by the company. Navoday Initial Public Offer is of 23,04,000 Equity Shares of the face value of Rs. 10 each of the Company for cash at Rs. 20 per Equity Share (including a share premium of Rs. 10 per Equity Share) totaling up to Rs. 460.80 lakhs.
The company treats advertising and marketing fundamentals in revenue management and business strategy. Navoday ltd. provides outdoor, print, digital marketing, and ground events/activations. The 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 highways, streets, roads, lamp post boards, mobile sign trucks, traffic booths, etc.
The company’s outdoor media operations are in Mumbai and Thane. The company assists its clients to run a focused campaign in consumer-populated areas. The company is more focused on providing cost-effective and impactful solutions tailor-made as per their client needs so that the clients get the necessary reach and frequency to further expand their business.
Moreover, the company is engaged in event management which includes planning, organizing, and managing events. Navoday Enterprises manage commercial events, cultural events, corporate events, and also small brand promotion events for their clients. Their services include branding and designing through print and online & digital media. It designs various publicity materials for its clients such as flyers, Pham plates, brochures, etc. The company has in-house design capabilities. The company believed in providing top-notch quality services to its clients. Navoday strategy is to increase the number of client relationships and then leverage those client relationships into providing a whole suite of financial products.
Navoday Enterprises offers competitive prices to its customers, thus helping the company to sustain in the market.
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