Naman In-Store (India) Limited IPO
NSE SMEListed On: Apr 2, 2024 at ₹ 125.0
₹ 284800 /3200 Shares
*Min Investment
22 Mar, 2024
Open Date27 Mar, 2024
Close Date28 Mar, 2024
Allotment Date02 Apr, 2024
Listing DateNaman In-Store (India) Limited IPO Issue Details
- Issue Price ₹84-89 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 28,48,000 shares(aggregating up to ₹25.35 crore)
- Fresh Share 28,48,000 shares(aggregating up to ₹25.35 crore)
- Listing at NSE SME
- List Price 125.0
- Listing Date 2024-04-02
- Lead Manager GYR Capital Advisors Private Limited
- Registrar Bigshare Services Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 1600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1600 | ₹1,42,400 |
| Retail(max) | 1 | 1600 | ₹1,42,400 |
| NII (min) | 2 | 3,200 | ₹2,84,800 |
Naman In-Store (India) Limited IPO Reservation
Naman In-Store (India) Limited IPO offers total 2,848,000 shares. Out of which 540,800 (18.99%) allocated to QIB, 406,400 (14.27%) allocated to NII,947,200 (33.26%) allocated to RII, NA (NA%) allocated to employees and 811,200 (28.48%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 811,200 (28.48%) | |
| Market Maker Shares Offered | 142,400 (5%) | |
| QIB Shares Offered | 540,800 (18.99%) | |
| NII (HNI) Shares Offered | 406,400 (14.27%) | |
| Retail Shares Offered | 947,200 (33.26%) | |
| Total Shares Offered | 2,848,000 (100%) |
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.
Naman In-Store (India) Limited IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 540,800 / 406,400 | 947,200 | 1,894,400 |
Day 1 22-03-24 06:00 PM | 4.79 / 14.25 x | 23.80 x | 16.32 x |
Day 2 26-03-24 06:00 PM | 8.86 / 73.17 x | 106.08 x | 71.27 x |
Day 3 27-03-24 06:00 PM | 109.75 / 528.47 x | 328.67 x | 309.04 x |
Naman In-Store (India) Limited Valuations
Naman In-Store (India) Limited Company Financials
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 5,598.94 | 3,074.09 | 1,693.00 |
| Revenue | 14,993.50 | 5,108.94 | 1,341.28 |
| Profit After Tax | 381.71 | 21.25 | 5.08 |
| Net Worth | 584.59 | 202.88 | 131.64 |
| Reserves & Surplus | 488.94 | 53.48 | 41.64 |
| Total Borrowing | 2,944.09 | 1,883.91 | 1,023.91 |
About Naman In-Store (India) Limited 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.
Naman In-Store (India) Limited - Promoter(s)
Mr. Raju Paleja, Ms. Bhavika Paleja, Mr. Jay Shah, Mr. Mehul Naik, and Mr. Abdul Shahid Shaikh.
Pre Issue Share Holding : %
Post Issue Share Holding : %
Naman In-Store (India) Limited IPO - Issue Objectives
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.
Construction of factory building.
General Corporate Purposes.
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
+91-8087042862
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
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. You can track the real-time subscription numbers using the links below:
Ans. The size of Naman In-Store (India) Limited IPO is 2,848,000 shares(aggregating up to ₹25.35 Cr).
Ans. The Naman In-Store (India) Limited IPO price band is set between ₹84-89 per equity share.
Ans. To apply for Naman In-Store (India) Limited 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 Naman In-Store (India) Limited IPO allotment status online.
