IPO

Naman In-Store (India) Limited IPO

NSE SME

Listed On: Apr 2, 2024 at ₹ 125.0

₹ 142400 /1600 Shares

Check Allotment
Naman In-Store (India) Limited IPO Details

22 Mar, 2024

Open Date

27 Mar, 2024

Close Date

28 Mar, 2024

Allotment Date

02 Apr, 2024

Listing Date

Issue Price

₹84-89 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

125.0

Listing Date

2024-04-02

Market Lot

1600 Shares (₹142,400/-)

Lead Manager

GYR Capital Advisors Private Limited

Issue Size

2,848,000 shares(aggregating up to ₹25.35 Cr)

Retail Portion

35%

Subscription

309.04 times

IPO Docs

DRHP RHP

Naman In-Store (India) Limited IPO Details


Naman In-Store (India) Limited IPO is an SME IPO, priced at ₹84-89 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 28,48,000 equity shares, aggregating up to ₹25.35 crores..

The IPO bidding window is open from Mar 22, 2024 to Mar 27, 2024. The allotment is expected to be finalized on Mar 28, 2024, and the tentative listing date is Apr 2, 2024.

The minimum lot size for retail investors is 1600 shares, with a minimum investment of ₹1,42,400. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,84,800.

GYR Capital Advisors Private Limited is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt Ltd, and Giriraj Stock Broking Private Limited will act as the market maker for this issue.

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Naman In-Store (India) Limited IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved540,800 / 406,400947,2001,894,400
Day 1 - 22-03-24 06:00 PM4.79 / 14.25 x23.80 x16.32 x
Day 2 - 26-03-24 06:00 PM8.86 / 73.17 x106.08 x71.27 x
Day 3 - 27-03-24 06:00 PM109.75 / 528.47 x328.67 x309.04 x
Total No. of Applications: 1,94,647 (Approx)

Naman In-Store (India) Limited Valuations

EPS Pre IPO

₹4.96/-

EPS Post IPO

₹11.73/-

P/E Pre IPO

17.95

P/E Post IPO

7.58

ROE

69.22%

ROCE

24.51%

RoNW

51.42%

PAT Margin

7.81

Price to Book Value

1.04

Naman In-Store (India) Limited Company Financials All values are in ₹ Lakh

31-Mar-2331-Mar-2231-Mar-21
Assets5,598.943,074.091,693.00
Revenue14,993.505,108.941,341.28
Profit After Tax381.7121.255.08
Net Worth584.59202.88131.64
Reserves & Surplus488.9453.4841.64
Total Borrowing2,944.091,883.911,023.91

About The Company

Naman In-Store (India) Limited is a retail furniture and fittings company that offers retail solutions to various industries and retail outlets. It was founded in 2010.

The company manufactures modular furniture for offices, beauty salons, kitchens with a small space, educational institutions, and shelving solutions for supermarkets.

The company manufactures customized furniture and fixtures in wood, metal, and plastic for kiosks, complete stores, Countertop Units (CTU), Countertop Display Units (CDU), Point of Sale Merchandising (POSM), etc. The company works on the model B2B (business-to-business).

The manufacturing facility of Naman is located in Vasai, Maharashtra, with a built-up area of approximately 1,41,687 sq. ft. Company warehouses stand at 2 in Kaman, Maharashtra and 1 at Bengaluru.

Pan India service; as of date, September 30, 2023, The Company has catered to roughly 32 retail customers and their franchisees and 04 industrial customers.

As on September 30, 2023, Company stood at a total 491 employees.

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Naman In-Store (India) Limited - Promoter(s)

Pre Issue Share Holding: %

Post Issue Share Holding: %

Company Promoter(s)
  1. Mr. Raju Paleja, Ms. Bhavika Paleja, Mr. Jay Shah, Mr. Mehul Naik, and Mr. Abdul Shahid Shaikh.

Naman In-Store (India) Limited IPO - Issue Objectives

  1. Funding capital expenditure of the company to acquire land on a leasehold basis at Butibori, MIDC, and proposes to shift the company's existing manufacturing facilities.
  2. Construction of factory building.
  3. General Corporate Purposes.

Other Details

Company Contact Details

Naman In-Store (India) Limited

E/13-14, Shree Sardar Patel CHSL, Patel Baug, Nehru Road, Opp Adarsh petrol pump, Vile Parle (E), Mumbai - 400057

Phone: +91-8087042862

Email: compliance@nipl.co

Website: http://www.namaninstore.com/

Registrar Contact Details

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Email: ipo@bigshareonline.com

Website: https://ipo.bigshareonline.com/ipo_status.html

Naman In-Store (India) Limited IPO - FAQs

Ans. Naman In-Store (India) Limited IPO is a SME IPO. The issue is priced at ₹84-89 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Mar 22, 2024, and closes on Mar 27, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Naman In-Store (India) Limited IPO opens on Mar 22, 2024 and closes on Mar 27, 2024.

Ans. The size of Naman In-Store (India) Limited IPO is 2,848,000 shares(aggregating up to ₹25.35 Cr).

Ans. The IPO price band is set between ₹84-89 per equity share.

Ans. To apply for Naman In-Store (India) Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Naman In-Store (India) Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Naman In-Store (India) Limited IPO is Mar 28, 2024.

Ans. The Naman In-Store (India) Limited IPO will be listed on Apr 2, 2024.

Ans. Follow the steps to check the allotment status for Naman In-Store (India) Limited IPO here.