Naman In-Store (India) Limited

Company Profile
Company Name Naman In-Store (India) Limited
Open Date 22-03-2024
Close Date 27-03-2024
Exchange NSE SME
Lot Size 1600 Shares
Issue Price ₹84 to ₹89 per share
Issue Size 28,48,000 shares
Application Amount ₹1,42,400
Recommendation Avoid
Naman In-Store (India) Limited was originally incorporated in the year 2010 and has its registered office in Mumbai, Maharashtra, India. Naman In-Store (India) is a retail furniture & fixture company with a broad spectrum of offerings and instore solutions to various industries and retail stores. Company manufactures modular furniture for offices, beauty store, low-housing kitchens, educational institution as well as supermarket shelving solutions. Company specializes in the design and execution of turnkey projects by bringing together under the same roof all the resources necessary to meet the needs of any fit-out project. As of September 30th, 2023, the Company had 491 employees on its payroll.
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Financial Summary in Lakhs

For the Period Ended Mar-21 Mar-22 Mar-23 Sep-23
Total Assets 1,755.18 3,180.01 5,793.03 7,818.34
Net Assets 131.64 202.88 584.59 1,203.48
Total Borrowings 1,023.91 1,883.91 2,944.09 3,166.06
Total Revenue 1,341.28 5,109.30 14,993.50 7,929.71
Profit After Tax 5.07 21.25 381.71 618.89

Tentative Timeline

Opening Date 22-03-2024
Closing Date 27-03-2024
Basis of Allotment 28-03-2024
Initiation of Refunds 01-04-2024
Credit of Shares to Demat 01-04-2024
Listing Date 02-04-2024

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.

Contact Information

Registered Office 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

Registrar Details

Name Bigshare Services Pvt Ltd
Phone +91-22-6263 8200

IPO Reservation

QIB Shares Offered Not more than 50.00% of the Net offer
Retail Shares Offered Not less than 35.00% of the Offer
NII (HNI) Shares Offered Not less than 15.00% of the Offer

Shareholding Pattern

Share Holding Pre Issue (Promoters) 100.00%
Share Holding Post Issue (Promoters) 73.00%

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