Naman In-Store (India) IPO bidding opened for subscription on March 22, 2024 and will close on March 27, 2024.
Naman In-Store (India) IPO bidding opened for subscription on March 22, 2024 and will close on March 27, 2024. Naman In-Store (India) IPO is a book built issue of Rs 25.35 crores. The issue is entirely a fresh issue of 28.48 lakh shares.The allotment for the Naman In-Store (India) IPO is expected to be finalized on Thursday, March 28, 2024. Naman In-Store (India) IPO will list on NSE SME with tentative listing date fixed as Tuesday, April 2, 2024.
Naman In-Store (India) IPO price band is set at ₹84 to ₹89 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹142,400. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹284,800.
GYR Capital Advisors Private Limited is the book running lead manager of the Naman In-Store (India) IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Naman In-Store (India) IPO is Giriraj Stock Broking.
Naman In-Store (India) IPO Details
| IPO Date | March 22, 2024 to March 27, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹84 to ₹89 per share |
| Lot Size | 1600 Shares |
| Total Issue Size | 2,848,000 shares |
| (aggregating up to ₹25.35 Cr) | |
| Fresh Issue | 2,848,000 shares |
| (aggregating up to ₹25.35 Cr) | |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 7,700,000 |
| Share holding post issue | 10,548,000 |
| Market Maker portion | 142,400 shares |
| Giriraj Stock Broking |
Naman In-Store (India) IPO Timeline (Tentative Schedule)
| IPO Open Date | Friday, March 22, 2024 |
| IPO Close Date | Wednesday, March 27, 2024 |
| Basis of Allotment | Thursday, March 28, 2024 |
| Initiation of Refunds | Monday, April 1, 2024 |
| Credit of Shares to Demat | Monday, April 1, 2024 |
| Listing Date | Tuesday, April 2, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on March 27, 2024 |
Naman In-Store (India) IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | 811,200 (28.48%) |
| Market Maker Shares Offered | 142,400 (5.00%) |
| 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) IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹142,400 |
| Retail (Max) | 1 | 1600 | ₹142,400 |
| HNI (Min) | 2 | 3,200 | ₹284,800 |
Naman In-Store (India) IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | 811,200 (28.48%) |
| Market Maker Shares Offered | 142,400 (5.00%) |
| 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) IPO Promoter Holding
| Share Holding Pre Issue | 100.00 |
| Share Holding Post Issue |
| Bid Date | March 21, 2024 |
|---|---|
| Shares Offered | 811,200 |
| Anchor Portion Size (In Cr.) | 7.22 |
| Anchor lock-in period end date for 50% shares (30 Days) | April 27, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | June 26, 2024 |
Naman In-Store (India) Limited Financial Information (Restated)
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 5,598.94 | 3,074.09 | 1,693.00 | |
| Revenue | 7,929.71 | 14,993.50 | 5,108.94 | 1,341.28 |
| Profit After Tax | 618.89 | 381.71 | 21.25 | 5.08 |
| Net Worth | 1,203.48 | 584.59 | 202.88 | 131.64 |
| Reserves and Surplus | 488.94 | 53.48 | 41.64 | |
| Total Borrowing | 3,166.06 | 2,944.09 | 1,883.91 | 1,023.91 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 69.22% |
| ROCE | 24.51% |
| RoNW | 51.42% |
| P/BV | 1.04 |
| PAT Margin (%) | 7.81 |
About Naman In-Store (India) Limited
Established in 2010, Naman In-Store (India) Limited is a retail furniture and fittings company providing retail solutions to various industries and retail outlets.
The company manufactures modular furniture for offices, beauty salons, kitchens with limited space, educational institutions, and shelving solutions for supermarkets.
The company also 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 operates according to a B2B (business-to-business) model.
Naman’s manufacturing facility is located in Vasai, Maharashtra, with a built-up area of approximately 1,41,687 sq. ft. The company also has 2 warehouses in Kaman, Maharashtra, and 1 in Bengaluru.
The company provides PAN India service, as of September 30, 2023, the Company has served approximately 32 retail customers and their franchisees and 04 industrial customers.
As of September 30, 2023, the total number of employees was 491.
Naman In-Store (India) Limited Contact Details
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/Read More:- Vishwas Agri Seeds Limited IPO of Rs 25.80 crores (Vishwas Agri Seeds IPO) Detail
