Naman In-Store (India) Limited IPO

Price
₹84 - ₹89
Lot
1600
Subs.
309.03
Expected Listing Earning

Exp. Premium(GMP):
N/A(N/A%)
IPO Details

Open Date: 22-Mar-2024
Close Date: 27-Mar-2024
Allotment Date: 28-Mar-2024
Listing Date: 02-Apr-2024
Listing Price: N/A
Face Value: ₹10 Per Equity Share
Issue Price: ₹84-89 Per Equity Share
Issue Size: 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)
Market Lot (Min Amount): Retail - ₹142,400 : HNI - ₹284,800
Subscription Details Updated at End of the Day

As on

QIB

Nll

Rll

Total

Shares Offered/Reserved540,800406,400947,2001,894,400
Day 1 - 22-03-24 
05:00 PM
4.79x14.25x23.80x16.32x
Day 2 - 26-03-24 
05:00 PM
8.86x73.17x106.08x71.27x
Day 3 - 27-03-24 
05:00 PM
109.75x528.12x328.80x309.03x
Total No. of Application:194,647 (Approx.)
Retail Subscription on the basis of Apps:328.80x
Valuations

Earning Per Share(EPS)4.96/-
P/E Ratio17.95
RoNW51.42%
Net Asset Value (NAV) - Post Issue:₹N/A/-
Company Financials (in Crore)

 Total AssetsTotal RevenueProfit After Tax
31 Sep,2023 7,929.71618.89
31 Mar,20235,598.9414,993.50381.71
31 Mar,20223,074.095,108.9421.25
31 Mar,20211,693.001,341.285.08
Promoter(s)

Pre Issue Share Holding100%
Post Issue Share HoldingN/A%
Company Promoter(s)
1. Mr. Raju Paleja
2. Ms. Bhavika Paleja
3. Mr. Jay Shah
4. Mr. Mehul Naik
5. Mr. Abdul Shahid Shaikh
Issue Objective(s)

The company intends to utilize the proceeds of the Issue to meet the following 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.
About Company

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.

Disclaimer

No financial information whatsoever published anywhere, within this application, should be considered as an advise to buy or sell securities or invest in IPOs, or as guide to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. 

Also we are not a SEBi registered analyst comapny. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this application. Above information is based on information available as on date coupled with market perceptions.

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Thank you.