April 2, 2024
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Naman In-Store IPO GMP Guidance & Subscription Status at Chanakyanipothi.com,
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Table of Contents
Naman In-Store IPO Post listing Review:
On 2 April, the scrip is listed at Rs. 125, premium of 40.45% over the issue-price of Rs. 56. This listing has been quite above the expectations of the grey market.
What is the latest GMP of Naman In-Store IPO?*
Premium: Rs.50
Subject to Rs. 76000
Check Subscription status of Naman In-Store IPO
On 27 March 2024 5.00 pm (Day 3) (Closed)
Review: Good subscription on D3
QIB: 1352800 Shares 109.75 T
NII: 405840 Shares 528.12 T
RII: 946960 Shares 328.80 T
Total: 2705600 Shares 309.03 T
What is the business of Naman In-Store?
Naman In-Store (India) is 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, it manufactures modular furniture for offices, beauty store, low-housing kitchens, educational institution as well as supermarket shelving solutions. The 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. It specialises to provide one-stop solutions across multiple retail stores and industries as all engineering and shop drawing is performed in-house, under one roof. It manufactures 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. The company operates on a B2B (Business-to-Business) model. Its range of fixtures is designed to enhance the visual appeal and functionality of retail spaces.
As on September 30, 2023 it has served around 32 retail customers and their franchises and 04 industrial customers.
It has its manufacturing facilities located at Vasai, Maharashtra, having constructed area of approx. 1,41,687 Sq. Ft. The company has well established and high-tech manufacturing equipments and design facility to manufacture the various combination and size products as per the design and specification of clients.
Get more information about the company @ http://www.namaninstore.com/
| Naman In-Store IPO Details | |
| IPO opens on | 22 March 2024 |
| IPO closes on | 27 March 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 2848000 Sh /Rs 25.35 Cr |
| * Fresh Issue | 2848000 Sh /Rs 25.35 Cr |
| * Offer for Sale | – Sh /Rs – Cr |
| Market Maker Portion | 142400 Sh. |
| Net offer to Public | 2705600 Sh./Rs.24.08 Cr |
| Face Value per share | Rs. 10 |
| Price Band | Rs. 84-89 |
| Employee discount | Rs. 0 per share |
| Retail Lot Size | 1600 Shares |
| Listing will at | NSE SME |
| Shares offered in Naman In-Store IPO | ||
| Shares | Rs. (Cr) | |
| QIB (0%) | 1352800 | 12.04 |
| NII (50%) | 405840 | 3.61 |
| RII (50%) | 946960 | 8.43 |
| Total Shares | 2705600 | 24.08 |
| Retail portion will be oversubscribed by | 592 | |
| Forms | ||
| How much Shares to Apply in Naman In-Store IPO? | ||
| Min Retail Application | 1600 Sh | Rs. 142400 |
| Min HNI Application | 3200 Sh | Rs.284800 |
Who are the Promoters of Naman In-Store IPO?
The company’s promoters are Mr. Raju Paleja, Ms. Bhavika Paleja, Mr. Jay Shah, Mr. Mehul Naik, and Mr. Abdul Shahid Shaikh.
What are the Objects of Vishwas Agri Seeds IPO?
The Offer comprises only of a Fresh Issue of Equity shares.
The company intends to utilize the proceeds of the Issue to meet the following objectives:
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 IPO Tentative timetable | |
| IPO opens on | 22 March 2024 |
| IPO Closes on | 27 March 2024 |
| IPO Allotment on | 28 March 2024 |
| Refund Initiation | 1 April 2024 |
| Credit of Shares | 1 April 2024 |
| Listing on | 2 April 2024 |
| Registered Office of the Company 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 |
| Who is the Lead Manager of Naman In-Store IPO? GYR Capital Advisors Pvt Ltd |
| Who is the Registrar to IPO? Bigshare Services Pvt Ltd |
| Naman In-Store IPO Financial & Analytical Ratios | ||||
| Year | Total Income | Net Profit | EPS | RoNW |
| Rs.in Cr | Rs.in Cr | Rs. | % | |
| 2020-21 | 13.41 | 0.05 | 0.10 | 3.86 |
| 2021-22 | 51.09 | 0.21 | 0.43 | 10.47 |
| 2022-23 | 149.94 | 3.81 | 4.96 | 65.30 |
| Book Value of the Share on | 31.03.2023 | Rs 41.76 | ||
| BV of the Share at cap price | after the IPO | Rs. ? | ||
| Offer Price/upper band | Rs. 86 | |||
| Naman In-Store IPO Key Performance indicators |
|
| Price/last EPS of 22-23 | 17.34 |
| Price/BV Ratio | 2.06 |
| Upper price/BV after IPO | |
How Naman In-StoreIPO compares with the Peers?
There are no listed companies in India that engage in a business that is similar to that of this Company.
Accordingly, it has not provided an industry comparison in relation to the Company.
# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
Naman In-Store IPO To the point Guidance
Naman In-Store (India) is 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, it manufactures modular furniture for offices, beauty store, low-housing kitchens, educational institution as well as supermarket shelving solutions.
Size: The net size of the IPO is Rs. 24.08 Cr comprising of 2705600 shares. The HNI portion is just Rs.3.61 Cr and Retail portion is Rs. 8.43 Cr. The Retail portion will get oversubscribed with only 592 applications. So, there is no worry about oversubscription.
Financial Snapshot: The company has shown sharp rise in the topline and its bottomline. In the year 2020-21, it had profit of Rs. 5 lacs which shot up to Rs. 3.81 Cr. in the year 20222-23, just prior to the IPO. Such rise in profits raise eyebrows. The shares are offered at PE multiple of 17.34. Not so attractive.
Quicklinks
Naman In-Store IPO GMP Detail IPO GMP today details?
Naman In-Store IPO
Naman In-Store IPO FAQs
What is Naman In-Store IPO?
Naman In-Store is a SME IPO of 2848000 equity shares of the face value of Rs. 10 aggregating up to Rs.25.35 Crores. The issue is priced at Rs.89 per share. The minimum order quantity is 1600 Shares.
When will Naman In-Store IPO open?
Naman In-Store IPO opens on March 22, 2024, and closes on March 27, 2024.
What is the lot size of Naman In-Store IPO?
Naman In-Store IPO lot size is 1600 Shares, and the minimum amount required is Rs.142400.
How to apply for Naman In-Store IPO?
You can apply in Naman In-Store IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
When is Naman In-Store IPO allotment?
The finalization of Basis of Allotment for Naman In-Store IPO will be done on March 28, 2024, and the allotted shares will be credited to your demat account by April 1, 2024.
When is Naman In-Store IPO listing date?
Naman In-Store IPO listing date is April 02, 2024.
