Naman In-Store (India) IPO: Thing to Know Before Applying

Naman In-Store (India) is offering a book-built issue, with a fresh issue of 28.48 Lakhs of shares worth Rs 25.35 Cr. The price band is Rs 84 to Rs 89 per share and lot size for the application is 1600 shares. The investors can apply for the same from March 22, 2024 till March 27, 2024.

The IPO is managed by GYR Capital Advisors Private Limited, that is the book-running lead managers whereas Bigshare Services Pvt Ltd has been appointed as the registrar for the issue. The listing will be the National Stock Exchange (NSE).

About Naman In-Store (India) Limited 

Naman In-Store are one of the prominent display and retail furniture & fixture company with a broad spectrum of offerings and in-store solutions to various industries and retail stores. Further, they manufacture modular furniture for offices, beauty store, low-housing kitchens, educational institution as well as supermarket shelving solutions. The company specialises in the design and execution of turnkey projects by bringing together under the same roof all of the resources necessary to meet the needs of any fit-out project. They specialise in providing one-stop solutions across multiple retail stores and industries as all engineering and shop drawing is performed in-house, under one roof. They manufacture in-store customised furniture and fixtures in wood, metal and plastic and in respect of kiosks, full shops, Countertop Units (CTU), Countertop Display Unit (CDU), Point of Sales Merchandising (POSM), etc. They operate on a B2B (Business-to-Business) model. The range of fixtures is designed to enhance the visual appeal and functionality of retail spaces. They have a diverse clientele spanning different geographies, industry verticals, and service offerings. They seem consistent in supplying quality products around the year as customised products are made available to them as per their requirement and market demand.

Primary Objectives of Naman In-Store (India) IPO 2024 

The company is decided to utilise its net proceeds into the several objectives i.e., construction of a factory building for the advancement of production, furthermore company plans to use its net proceeds into its capital expenditure for acquiring land on a leasehold basis in Butibori, MIDC and planning to shift its company’s existing manufacturing facilities, lastly for some other general corporate purposes.

 Also Read | Omfurn India FPO: Things to Know Before Applying

Financial Performance of Naman In-Store (India) Limited (In Rs Lakhs) 

The company reported its net revenue of 149.94 Cr and Profit after Tax of 3.80Cr, which is a 193.48% and 1696.28% increments, respectively, for the year ended March 31, 2023

Important Details of Naman In-Store (India) IPO 2024 

Tentative Timetable of Naman In-Store (India) IPO 2024 

Naman In-Store (India) IPO opens on March 22, 2024, and closes on March 27, 2024. 

Naman In-Store (India) IPO Lot Size 

A minimum of 1600 shares, i.e. 1 lot and in multiples thereof, can be purchased by investors. 

Reservation of Naman In-Store (India) IPO

Key Performance Indicator of Naman In-Store (India) Limited 

Promoter Holding of Naman In-Store (India) Limited IPO 

Promoters of the Naman In-Store (India) Limited 

The promoters of the company are Mr Raju Paleja, Ms Bhavika Paleja, Mr Jay Shah, Mr Mehul Naik, and Mr Abdul Shahid Shaikh.

Lead Manager(s) of Naman In-Store (India) IPO 2024

The lead manager(s) of Naman In-Store (India) IPO 2024 is GYR Capital Advisors Private Limited. 

How to Apply for Naman In-Store (India) Limited IPO 2024 

Wait for the public issue to open for subscription, then click here to apply for the Naman In-Store (India) Limited IPO 2024 with Bigul. 

How to Check Allotment Status of Naman In-Store (India) Limited IPO 2024 

The registrar for Naman In-Store (India) Limited IPO 2024 is Bigshare Services Pvt Ltd. You can check your allotment status by clicking here. 

FAQs 

1.  When is the IPO scheduled to open and close? 

Naman In-Store (India) Limited IPO is scheduled to open on March 22, 2024, investors can can apply for the same till its closing date which is March 27, 2024.

2.  What will be the price band for the IPO? 

Naman In-Store (India) Limited IPO price band is decided from Rs 84 to Rs 89 per share, an investor can bid from that given price range, for the maximum probability of getting allotted an investor should bid the maximum price of the given band range.

3.  What are the main objectives of this IPO? 

The company is decided to utilise its net proceeds into the several objectives i.e., construction of a factory building for the advancement of production, furthermore company plans to use its net proceeds into its capital expenditure for acquiring land on a leasehold basis in Butibori, MIDC and planning to shift its company’s existing manufacturing facilities, lastly for some other general corporate purposes.

4. How has Naman In-Store (India) Limited performed financially? 

The company reported its net revenue of 149.94 Cr and Profit after Tax of 3.80Cr, which is a 193.48% and 1696.28% increments, respectively, for the year ended March 31, 2023

5.  What are the key performance indicators of Naman In-Store (India) Limited? 

Key performance indicators reported as ROE of 69.22%, a ROCE of 24.51%, a RoNW of 51.42%,  and with PAT margin 7.81%. 

6.  How can I apply for the Naman In-Store (India) IPO ? 

Once the Naman In-Store (India) Limited IPO open for subscription, you can apply for it by clicking here with us on bigul. 

7.  How can I check the allotment status of the IPO? 

Investors can check the allotment status of the Naman In-Store IPO  by visiting here. 

8.  Who are the promoters of Naman In-Store (India) Limited? 

The promoters of Naman In-Store (India) Limited are Mr. Raju Paleja, Ms. Bhavika Paleja, Mr. Jay Shah, Mr. Mehul Naik, and Mr. Abdul Shahid Shaikh. 

9. Where will the IPO be listed? 

The IPO will be listing on the National Stock Exchange (NSE). 

Also Read | Lok Sabha Election 2024: How Sensex Moved During Election Since 1999