Naman In-Store (India) Limited IPO
- IPO Date22 Mar, 2024 to 27 Mar, 2024
- Listing Date02 Apr, 2024
- Face Value₹10 per share
- Issue Price₹84 to ₹89 per share
- Lot Size1600 Shares
- Minimum Investment₹1,42,400
- Listing AtNSE SME
- Total Issue Size28,48,000 Shares
(aggregating up to ₹25.35 Cr) - Fresh Issue28,48,000 Shares
(aggregating up to ₹25.35 Cr)
- Offer for Sale-
- Issue TypeBook Built Issue IPO
- Share holding pre issue77,00,000
- Shareholding post issue1,05,48,000
IPO Dates
Closing Date
27 Mar, 2024
Initiation of Refunds
01 Apr, 2024
Listing Date
02 Apr, 2024
22 Mar, 2024
Opening Date
28 Mar, 2024
Basis of Allotment
01 Apr, 2024
Credit of Shares
Naman In-Store (India) Limited Lot Size
Investors can bid for a minimum of 1600 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Max) | 1 | 1600 | ₹1,42,400 |
| Retail (Min) | 1 | 1600 | ₹1,42,400 |
| HNI (Min) | 2 | 3200 | ₹2,84,800 |
Naman In-Store (India) Limited Promoter Holding
The company's promoters are Mr. Raju Paleja, Ms. Bhavika Paleja, Mr. Jay Shah, Mr. Mehul Naik, and Mr. Abdul Shahid Shaikh.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 100% | - |
Naman In-Store (India) Limited COMPANY INFORMATION
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. Naman In-Store (India) IPO bidding opened for subscription on March 22, 2024 and will close on March 27, 2024. 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. Refer to Naman In-Store (India) IPO RHP for detailed information.
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.
FAQs About Naman In Store (India) Limited Ipo
Naman In-Store (India) Limited IPO will open on 22 Mar, 2024 and close on 27 Mar, 2024. Investors must apply within this period to participate.
The Naman In-Store (India) Limited IPO price band is set between ₹84.00 and ₹89.00 per share. The minimum lot size is 1600, requiring an investment of at least ₹142400.00.
The Naman In-Store (India) Limited IPO shares are expected to be listed on 02 Apr, 2024, subject to regulatory approvals and final allotment.
You can track your Naman In-Store (India) Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Naman In-Store (India) Limited IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.