| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹25.35 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹25.35 Cr |
| Fresh Issue | ₹24.08 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน84.00-89.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | NAMAN |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | GYR Capital Advisors Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,600 shares and in multiples thereof
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.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Funding capital expenditure of our company to acquire land on leasehold basis at Butibori, MIDC and proposes to shift the existing manufacturing facilities of the company | 4.67 |
| 2 | Construction of factory building | 12.18 |
| 3 | General Corporate Purposes | 6.00 |
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 55.99 | 30.74 | 16.93 | |
| Total Income | 79.30 | 149.94 | 51.09 | 13.41 |
| Profit After Tax | 6.19 | 3.82 | 0.21 | 0.05 |
| NET Worth | 12.03 | 5.85 | 2.03 | 1.32 |
| Reserves and Surplus | 4.89 | 0.53 | 0.42 | |
| Total Borrowing | 31.66 | 29.44 | 18.84 | 10.24 |
| Amount in ₹ Crore | ||||
| KPI | Sep 30, 2023 |
|---|---|
| ROE | 69.22% |
| ROCE | 24.51% |
| RoNW | 51.42% |
| PAT Margin | 7.81% |
| Price to Book Value | 1.04 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 4.96 | 11.73 |
| P/E (x) | 17.95 | 7.58 |
| Promoter Holding | 100.00% | |
| Market Cap | โน93.88 Cr. | |