Naman In-Store India IPO – Naman In-Store (India) Limited IPO

Naman In-Store India IPO will open for subscription from 22 March 2024. The company aims for an issue size of ₹25.35 Cr through this IPO.

Company Overview

Full nameNaman In-Store (India) Limited
SectorFast Moving Consumer Goods
IndustryHousehold & Personal Products
Company Website

About Company

Naman In-Store (India) stands out as a prominent provider of display and retail furniture and fixtures, offering a wide range of solutions tailored to diverse industries and retail stores. Additionally, the company manufactures modular furniture for offices, beauty stores, low-cost housing kitchens, educational institutions, and supermarket shelving solutions.

The company specializes in offering comprehensive solutions for multiple retail stores and industries, handling all engineering and shop drawings in-house, under one roof. They manufacture customized furniture and fixtures in wood, metal, and plastic for in-store use, including kiosks, full shops, Countertop Units (CTU), Countertop Display Units (CDU), Point of Sales Merchandising (POSM), and more. Operating on a Business-to-Business (B2B) model, they cater to the specific needs of their clients efficiently.

The company offers PAN India services, having served approximately 32 retail customers and their franchises, along with 4 industrial customers as of 30 September 2023. The total employee count as of the same date stands at 491 employees.

The Objectives of the Issue

  • 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.

Naman In-Store India IPO Timetable

IPO Opening date22 March 2024
IPO Closing27 March 2024
Basis of Allotment28 March 2024
Initiation Refund01 April 2024
Credit to Demat Account01 April 2024
Listing Date02 April 2024
(Cut-off time for UPI mandate confirmation – 5 PM on March 27, 2024)

Naman In-Store India IPO details

Issue typeBook Built Issue IPO
IPO issue size₹25.35 Cr – 2,848,000 shares
Fresh Issue₹25.35 Cr – 2,848,000 shares
Offer for saleNil
Face value₹10 per share
Price Band ₹84 to ₹89 per share
Lot size1600 Shares
Market Maker portion142,400 shares
Shareholding pre-issue7,700,000
Shareholding post-issue10,548,000
Listing ExchangeNSE SME

Naman In-Store India IPO Lot Size

Retail (Min)11600₹142,400
Retail (Max)11600₹142,400
HNI (Min)23,200₹284,800

Naman In-Store India IPO Reservation Details

QIB Shares Offered50%
NII (HNI) Shares Offered15%
Retail Shares Offered35%

Naman In-Store India Financial Performance

 FY 2021FY 2022FY 2023H1 FY 2024
Net income0.050.213.826.19
(Amount in ₹ Crores)

Naman In-Store India Valuations & Margins

FY 2021FY 2022FY 2023
PE ratio16.94 – 17.94
RONW (%)3.8610.4765.30
ROCE (%)3.816.8223.98
EBITDA (%)5.745.707.16

Company Promoters

  • Mr. Raju Paleja
  • Ms. Bhavika Paleja
  • Mr. Jay Shah
  • Mr. Mehul Naik
  • Mr. Abdul Shahid Shaikh.

Promoter Holding

Pre Issue Share Holding100%
Post Issue Share Holding

Naman In-Store India IPO Lead Manager(s)

428, Gala Empire, Near JB Tower,
Drive in Road, Thaltej
Ahmedabad-380 054, Gujarat, India
Phone:+91 877 756 4648

Naman In-Store India Registrar

S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200

Naman In-Store India Contact Details

Kantharia Industrial Estate, Survey No.: 90/3/2/B,
Opp. Sopara Phata Police Station, At & Post-Pelhar,
N.H. No. 8, Taluka- Vasai, Dist Palghar-401208
Phone: +91 8087042862

Naman In-Store India IPO Allotment Status

Naman In-Store IPO allotment status will be available on Bigshare Services’ website. Click on this link to get allotment status.

Final thoughts

Naman In-Store India IPO is going to hit Dalal Street soon. applying for an IPO is purely a personal choice. study well about the company and subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make wise decisions.

Happy Investing

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