Naman In-Store (India) IPO Date, Review, Price, Allotment Details

Naman In-Store (India) IPO Details: Naman In-Store (India) IPO date is fixed, The IPO will open on March 22 and will close on March 27. Naman In-Store (India) is a NSE SME IPO to raise ₹25.35 crores via IPO. The Naman In-Store (India) IPO price band is fixed at ₹84 to ₹89 with a market lot of 1600 shares.

Naman In-Store (India) IPO

Table of Contents

Naman In-Store (India) was originally incorporated and registered as a private limited company under the Companies Act, 1956 in the name and style of ‘Naman In-Store (India) Private Limited’ vide certificate of incorporation dated 23rd July 2010 bearing Corporate Identification Number U74140MH2010PTC205904 issued by the Registrar of Companies, Mumbai. Thereafter, their company was converted into a public limited company under a special resolution passed by their members at the Annual General Meeting held on September 30, 2023, and consequently the name of their company was changed to ‘Naman In-Store (India) Limited’ and a fresh certificate of incorporation was issued by Registrar of Companies, Mumbai dated October 25, 2023 bearing Corporate Identification Number U74140MH2010PLC205904.

They are one of the prominent display and retail furniture & fixture companies with a broad spectrum of offerings and in-store solutions for various industries and retail stores. Further, they manufacture modular furniture for offices, beauty stores, low-housing kitchens, and educational institutions as well as supermarket shelving solutions. Their Company specializes 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 specialize 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 customized furniture and fixtures in wood, metal, and plastic and in respect of kiosks, full shops, Countertop Units (CTU), Countertop Display Units (CDU), Point of Sales Merchandising (POSM), etc. They operate on a B2B (Business-to-Business) model. Their 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 understand the customer needs, and market trends mapping and provide value for money products. They are consistent in supplying quality products around the year as customized products are made available to them as per their requirement and market demand.

As of September 30, 2023, they have served around 32 retail customers and their franchises and 04 industrial customers. They have a team of highly experienced professionals and skilled manpower. Their company and its executives have developed the skill and expertise in designing and innovation customized display and in-store furniture & fixtures solutions through their in-house technical and design team to provide turnkey solutions and their implementation. They have a team of experienced designers dedicated to designing products and keeping pace with the constantly changing times and the demand.

Objects 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 Review

  • To be updated soon

Naman In-Store (India) IPO Date & Price Band Details

IPO Open:March 22, 2024
IPO Close:March 27, 2024
IPO Size:Approx ₹25.35 Crores, 2,848,000 Equity Shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹84 to ₹89 Per Equity Share
IPO Listing on:NSE SME
Retail Quota:35% of the net offer
QIB Quota:50% of the net offer
NII Quota:15% of the net offer
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors in IPO:Click Here

Naman In-Store (India) IPO Market Lot

The Naman In-Store (India) IPO minimum market lot is 1600 shares with a ₹142,400 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum11600₹142,400
Retail Maximum11600₹142,400
S-HNI Minimum23200₹284,800

Naman In-Store (India) IPO Dates

The Naman In-Store (India) IPO date is March 22 and the IPO close date is  March 27. The IPO allotment date is March 28 and the IPO might list on April 2.

IPO Open Date:March 22, 2024
IPO Close Date:March 27, 2024
Basis of Allotment:March 28, 2024
Refunds:April 1, 2024
Credit to Demat Account:April 1, 2024
IPO Listing Date:April 2, 2024

You can check IPO subscription status and IPO allotment status on their respective pages.

Naman In-Store (India) IPO Form

How to apply Naman In-Store (India) IPO? You can apply Naman In-Store (India) IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Naman In-Store (India) IPO in the Invest section. The other option you can apply Naman In-Store (India) IPO via IPO forms download via the NSE website. Check out the Naman In-Store (India) forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.

Naman In-Store (India) Company Financial Report

₹ in Crores
Sept 2023₹79.30₹70.52₹6.19

Naman In-Store (India) IPO Valuation – FY2023

Check Naman In-Store (India) IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS):₹4.96 per Equity Share
Price/Earning P/E Ratio:[.]
Return on Net Worth (RoNW):65.30%
Net Asset Value (NAV):₹41.76 per Equity Share

Peer Group

  • NA

Company Promoters

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

Naman In-Store (India) IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]

Naman In-Store (India) IPO Allotment Status

Check Naman In-Store (India) IPO allotment status on Bigshare website URL. Click Here

Naman In-Store (India) IPO Lead Managers aka Merchant Bankers

  • GYR Capital Advisors Private Limited 

Company Address

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
Email: [email protected]

Naman In-Store (India) IPO FAQs

What is Naman In-Store (India) IPO?

Naman In-Store (India) IPO is an NSE SME IPO. They are going to raise ₹25.35 Crores via IPO. The issue is priced at ₹84 to ₹89 per equity share. The IPO is to be listed on NSE.

When Naman In-Store (India) IPO will open?

The IPO is to open on March 22, 2024 for QIB, NII, and Retail Investors.

What is Naman In-Store (India) IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Naman In-Store (India) IPO?

You can apply 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 Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Naman In-Store (India)”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Naman In-Store (India) IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Naman In-Store (India)”. Click on 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 Upstox.

How to Apply the Naman In-Store (India) IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Naman In-Store (India)”. Click on 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 Paytm Money.

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 ₹84 to ₹89 per equity share.

What is Naman In-Store (India) IPO Minimum and Maximum Lot Size?

The IPO bid is 1600 shares with ₹142,400.

What is Naman In-Store (India) IPO Allotment Date?

Naman In-Store (India) IPO allotment date is March 28, 2024.

What is Naman In-Store (India) IPO Listing Date?

Naman In-Store (India) IPO listing date is April 2, 2024. The IPO to list on NSE SME.

Note: The Naman In-Store (India) IPO details are announced officially. The IPO grey market premium (Naman In-Store (India) IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.

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