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

Naman In-Store (India) Limited IPO
Upcoming Naman In-Store (India) IPO | New Naman In-Store (India) IPO

Naman In-Store (India) Limited is a retail furniture and fittings company providing 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 company has a total number of 491 employees.

Naman In-Store (India) IPO

Naman In-Store (India) IPO – Details

IPO Opening Date22 March 2024
IPO Closing Date27 March 2024
Issue TypeBook Built Issue IPO
Issue Size28,48,000 Shares Worth ₹25.35 Crore
Fresh Issue: 28,48,000 Shares Worth ₹25.35 Crore
Face Value₹10 per equity share
IPO Price₹84 – ₹89
Market Lot1600 Shares
Min Order1600 Shares (1 Lot)
Listing AtNSE SME
RegisterBigshare Services Pvt Ltd
QIB Shares Offered50%
NII (HNI) Shares Offered15%
Retail Shares Offered35%

Naman In-Store (India) IPO – Date Schedule

IPO Open Date22 March 2024
IPO Close Date27 March 2024
Basis of Allotment28 March 2024
Initiation of Refund01 April 2024
Credit of Shares to Demat Account01 April 2024
IPO Listing Date02 April 2024
Cut-off time for UPI mandate confirmation5 PM on March 27, 2024

Naman In-Store (India) IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Retail (Minimum)11600₹1,42,400
Retail (Maximum)11600₹1,42,400
HNI (Minimum)23200₹2,84,800

Competitive Strengths

  • The company is prominent in the domestic retail store furniture and fixture market.
  • The company possesses a highly skilled and experienced team with strong engineering expertise. This talent pool allows us to conceptualize and deliver innovative fixture solutions tailored to their client’s needs.
  • The company is equipped with hi-tech, advanced machinery that enhances production capabilities and ensures precision in manufacturing.
  • Multi-Material Process Strength- The Company’s ability to work with a variety of materials, including metal, wood, and plastic, gives us a competitive edge. The company can provide versatile and custom finishes.
  • PAN India offerings: The company has such capabilities and experience that it can efficiently cater to clients’ requirements across the entire country, ensuring timely deliveries and superior service.
  • Warehousing Facility: The company operates a spacious 74,000 sq. ft. warehousing facility for storing finished goods and efficient dispatch. This strategic setup allows the company to keep its factory shop floor dedicated to production and assembly, effectively increasing its capacity to handle larger business turnovers.
  • The company possesses advanced facilities and a talented pool of resources, enabling us to undertake diverse industrial fabrication projects.
  • With the company’s existing infrastructure, the company can scale operations to meet increasing demand, positioning us favorably in the industrial fabrication space.

Company Promoters

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

Object 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
Object of the Issues

Company Financial

ParticularsTotal RevenueTotal ExpenseProfit After TaxTotal Borrowing
31 March 202113.4113.310.0510.23
31 March 202251.0950.800.2118.83
31 March 2023149.93144.613.8129.44
30 September 202379.2970.526.1831.66
Amount in ₹ Crore

Key Performance Indicator

PAT Margin (%)7.81
EPS (Rs)4.9611.73
P/E (x)17.957.58

Naman In-Store (India) IPO Promoter Holding

Pre Issue Share Holding100.00%
Post Issue Share Holding

Naman In-Store (India) IPO Prospectus

Company Contact Information

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

Naman In-Store (India) IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

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

1. GYR Capital Advisors Private Limited

Naman In-Store (India) IPO FAQs

Naman In-Store (India) IPO FAQs
What is Naman In-Store (India) IPO?

Naman In-Store (India) IPO is a SME IPO. The issue is priced at ₹84₹89 per equity share. The IPO is to be listed on NSE SME.
When Naman In-Store (India) IPO will open?

The IPO is to open on 22 March 2024 for QIB – 50%, NII – 15% and Retails – 35% Investors.
How to Naman In-Store (India) IPO?

You can apply for Naman In-Store (India) IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Naman In-Store (India) IPO through 5 Paisa?

Log in to the 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Naman In-Store (India)”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with 5 Paisa.
How to Apply the Naman In-Store (India) IPO through Edelweiss?

Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Naman In-Store (India)”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss.
What is Naman In-Store (India) IPO Size?

Naman In-Store (India) IPO size is ₹25.35 crores.
What is Naman In-Store (India) IPO Price Band?

Naman In-Store (India) IPO Price Band is ₹89.
What is Naman In-Store (India) IPO Minimum and Maximum Lot Size?

The minimum bid is 1600 Shares with ₹1,42,400 amount while the maximum bid is 1600 shares with ₹1,42,400.
What is the Naman In-Store (India) IPO Allotment Date?

Naman In-Store (India) IPO allotment date is  28 March 2024.
What is the Naman In-Store (India) IPO Listing Date?

Naman In-Store (India) IPO listing date is 02 April 2024. The IPO is to list on NSE SME.
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