Naman in-store India IPO
IPO Details
- Open Date
22 Mar 2024
- Close Date
27 Mar 2024
- IPO Price Range
₹ 84 to ₹89
- IPO Size
₹ 25.35 Cr
- Listing Exchange
NSE SME
- Listing Date
02 Apr 2024
IPO Timeline
Naman in-store India IPO Subscription Status
Date | QIB | NII | Retail | TOTAL |
---|---|---|---|---|
22-Mar-24 | 4.79 | 14.25 | 23.80 | 16.32 |
26-Mar-24 | 8.86 | 73.10 | 105.27 | 70.84 |
27-Mar-24 | 109.75 | 528.12 | 328.67 | 308.96 |
Last Updated: 28 March 2024 5:09 PM by 5Paisa
Naman In-Store Limited IPO is all set to open from 22nd March to 27th March 2024. The company operates in the business of making display and retail furniture & fixtures. The IPO includes a fresh issue of 2,848,000 shares worth ₹25.35 cr. The share allotment date is 28th March 2024, and the IPO will be listed on 2nd April 2024 on the stock exchanges. The price band is ₹84 to ₹89 and the lot size is 1600 shares.
GYR Capital Advisors Private Limited is the book-running lead manager for this IPO, while Bigshare Services Private Limited is the registrar.
Objectives of Naman In-Store IPO:
Naman In-Store Limited plans to utilize the raised capital from the IPO to:
● To fund the capital expenditure requirements to acquire land on a leasehold basis at Butibori, MIDC.
● To build a new factory building.
● General corporate purposes.
Established in 2010, Naman In-Store Limited operates in the business of making display and retail furniture & fixtures. The company makes modular furniture for offices, beauty stores, low-housing kitchens, educational institutions, and supermarket shelving solutions, and more. It also offers in-store solutions to various industries.
Naman In-Store operates in the Business-to-Business segment and offers a product portfolio of furniture and fixtures in wood, metal and plastic and in respect of kiosks, full shops, Countertop Units (CTU), Countertop Display Units (CDU), Point of Sales Merchandising (POSM), etc.
Its manufacturing units are based in Vasai, Maharashtra. It has offered services to 32 retail customers and their franchises as well 4 industrial clients as of September 2023. The company enjoys a PAN-India presence.
Peer Comparison
No listed peers.
For More Information:
Webstory on Naman In-Store IPO
Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
---|---|---|---|
Revenue from operations | 149.84 | 50.99 | 13.37 |
EBITDA | 10.73 | 2.90 | 0.77 |
PAT | 3.81 | 0.21 | 0.050 |
Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
---|---|---|---|
Total Assets | 57.93 | 31.80 | 17.55 |
Share Capital | 1.40 | 1.40 | 0.90 |
Total Borrowings | 52.08 | 29.77 | 16.23 |
Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
---|---|---|---|
Net cash generated from / (used in) operating activities | -0.88 | -4.00 | -3.94 |
Net cash from / (used in) investing activities | -6.66 | -3.66 | -6.25 |
Net cash flow from / (used in) financing activities | 7.47 | 7.96 | 9.83 |
Net increase (decrease) in cash and cash equivalents | -0.087 | 0.29 | -0.36 |
Strengths
1. It enjoys long-standing relationships with customers.
2. The company has a dedicated and skilled employee base.
3. The company has ISO 9001, 14001 and OHSAS 18001 Certifications for quality.
4. It has Integrated Manufacturing Facilities.
5. The company’s management team is well-experienced.
Risks
1. The products manufactured are subject to frequently changing designs, patterns, customer requirements and tastes.
2. High working capital requirements.
3. The company is dependent on revenues from a few geographical regions.
4. It has reported negative cash flows in the past.
5. The company faces high competition.
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FAQs
Naman In-Store IPO opens from 22nd March to 27th March 2024.
The size of Naman In-Store IPO is ₹25.35 cr.
To apply for Naman In-Store IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Naman In-Store IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The price band of Naman In-Store IPO is fixed at ₹84 to ₹89 per share.
The minimum lot size of Naman In-Store IPO is 1600 shares and the investment required is ₹1,34,400.
The share allotment date of Naman In-Store IPO is 28th March 2024.
The Naman In-Store IPO will be listed on 2nd April 2024.
GYR Capital Advisors Private Limited is the book-running lead manager for Naman In-Store IPO.
Naman In-Store plans to utilize the raised capital from the IPO to:
1. To fund the capital expenditure requirements to acquire land on a leasehold basis at Butibori, MIDC.
2. To build a new factory building.
3. General corporate purposes.
Contact Information
Naman in-store India
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/
Naman in-store India IPO Register
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 IPO Lead Manager
GYR Capital Advisors Private Limited
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