Naman In-Store (India) Ltd
Price Range
₹84 - ₹89
Min. Quantity
1,600
Closes on
27 March 2024
Min. investment
₹1,42,400/1,600 Shares
Naman In-Store (India) Ltd IPO Timeline
Naman in-store India Limited was originally incorporated as Naman In-Store (India) Private Limited' dated July, 23, 2010, issued by the Registrar of Companies, Maharashtra, Mumbai. Thereafter, name of Company was changed from Naman In-Store (India) Private Limited' to Naman In-Store (India) Limited', consequent to conversion of Company from Private to Public Company, and a fresh Certificate of Incorporation was issued by the Registrar of Companies, Mumbai on October 25, 2023.
| Event | Date |
|---|---|
| Naman In-Store (India) Ltd IPO Opening Date | 22 March 2024 |
| Naman In-Store (India) Ltd IPO Closing Date | 27 March 2024 |
| Basis of Allotment | 28 March 2024 |
| Initiation of Refunds | 28 March 2024 |
| Credit of Shares to Demat | 1 April 2024 |
| Naman In-Store (India) Ltd IPO Listing Date | 2 April 2024 |
Naman In-Store (India) Ltd IPO Details
| Naman In-Store (India) Ltd IPO Date | 22 March 2024 to 27 March 2024 |
| Naman In-Store (India) Ltd IPO Face Value | ₹10 per share |
| Naman In-Store (India) Ltd IPO Price | ₹84 to ₹89 per share |
| Naman In-Store (India) Ltd IPO Lot Size | 1,600 |
| Issue Size | Shares of ₹10 (aggregating up to ₹25.35 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹25.35 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Raju Paleja, Bhavika Paleja, Jay Shah |
Naman In-Store (India) Ltd IPO Lot Size
The Naman In-Store (India) Ltd IPO lot size is 1,600 shares. A retail-individual investor can apply for up to 1 lots (1,600 shares or ₹1,42,400).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,600 | ₹1,42,400 |
| Maximum | 1 | 1,600 | ₹1,42,400 |
- Strengths
- Risks
- Opportunities
- The Company holds a prominent position in the domestic retail store furniture and fixture market.
- The Company possesses a highly skilled and experienced team with strong engineering expertise. This talent pool allows it to conceptualize and deliver innovative fixture solutions tailored to its clients' needs.
- The Company is equipped with hi-tech, advanced machinery that enhances its production capabilities and ensures precision in manufacturing.
- Multi-Material Process Strength- its ability to work with a variety of materials, including metal, wood, plastic, gives it a competitive edge. The Company can provide versatile and custom finishes.
- PAN India offerings: the company has such capabilities and experience that it can efficiently cater to clients' requirements across the entire country, ensuring timely deliveries and superior service.
- Warehousing Facility: the company operates a spacious 74,000 sq. ft. warehousing facility for storing finished goods and efficient dispatch. This strategic setup allows it to keep its factory shop floor dedicated to production and assembly, effectively increasing its capacity to handle larger business turnovers .
- The Company possesses advanced facilities and a talented pool of resources, enabling it to undertake diverse industrial fabrication projects.
- With its existing infrastructure, the company has the capacity to scale operations to meet increasing demand, positioning it favorably in the industrial fabrication space.
Company Financials
Naman In-Store (India) Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 97.02 | 144.87 | 9.27 |
| 03-2023 | 58.03 | 149.94 | 4.35 |
| 03-2022 | 31.8 | 51.09 | 0.21 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding capital exp of the company to acquire land on leasehold basis at Butibori MIDC & proposes to shift the existing mfg facilities of the company
- Construction of factory building
- General corporate purposes
Naman In-Store (India) Ltd IPO Promoter Holding
| Pre Issue Share Holding | 21.5% |
| Post Issue Share Holding | 15.69% |
Naman In-Store (India) Ltd IPO Subscription Status (Bidding Detail)
The Naman In-Store (India) Ltd IPO is subscribed 205.6039 times on 27 March 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 205.6039 |
Naman In-Store (India) Ltd IPO Prospectus
Naman In-Store (India) Ltd IPO Listing Date
| Listing Date | 2 April 2024 |
| BSE Script | 92621 |
| NSE Symbol | NAMAN |
| Listing In | NSE - SME |
| ISIN | INE0RJM01010 |
| IPO Price | ₹89 |
| Face Value | ₹10 |
Company Contact Information
E/13-14 Shree Sardar Patel-CHSL Patel Baug Nhr.Rd Vil.P.E,Mumbai-400057
Phone: +91 80870 42862
Email: compliance@nipl.co
Website: www.namaninstore.com
Naman In-Store (India) Ltd IPO Registrar
Naman In-Store (India) Ltd IPO Lead Manager(s)
- GYR Capital Advisors Pvt Ltd
FAQ
What is the issue size of Naman In-Store (India) Ltd IPO?
I have pre-applied for Naman In-Store (India) Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.