Novavente Ltd
Pre Issue Shares
37,00,000
No. of Shares Issued
13,34,000
Pre Issue Equity Amt.
₹3.7 Cr
DP Filling Date
6 March 2025
Novavente Ltd IPO Timeline
Novavente Limited was originally incorporated as a private limited Company under the name of 'Natunatech Private Limited', pursuant to a Certificate of Incorporation issued by the with the Registrar of Companies, Mumbai. The name of Company was subsequently changed to 'Novavente Private Limited' on November 12, 2021 and received a Certificate of Incorporation dated January 21, 2022 from the Registrar of Companies, Mumbai. Thereafter, Company was converted from private limited to public limited, and the name of Company was changed from 'Novavente Private Limited' to 'Novavente Limited' vide fresh certificate of incorporation dated September 26, 2024 issued by the Registrar of Companies, Central Processing Centre.
Novavente Ltd IPO Details
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| Company Promoters | Ronak Rajan, Samrat Dilip Parasnis |
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Working capital requirements
- Investment in software: for acquiring of the usage right of "Sales Mind" platform from thought minds for providing services to end users
- Expansion of business - for development of "the sales school" as an online technology sales training and career program platform
- Funding inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes
Novavente Ltd IPO Prospectus
Novavente Ltd IPO Listing Date
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| Face Value | ₹10 |
Company Contact Information
No.307 & 308 3rd Flr Bldg No.3Millenium Business Park Sec.3,Navi Mumbai-400710
Phone: +91 88284 81050
Email: investor.relations@novavente.com
Website: www.novavente.com
Novavente Ltd IPO Registrar
Novavente Ltd IPO Lead Manager(s)
- Khambatta Securities Ltd