Unveil the transformative potential of Naman In-Store (India) Limited IPO with a dynamic meta description. Discover the groundbreaking IPO details, including the price band, issue size, and key financial insights. Dive into the objectives behind the IPO and explore its strategic allocation breakdown. With impressive financial growth metrics and innovative offerings, Naman In-Store (India) Limited IPO promises to revolutionize the retail landscape. Don’t miss out on this opportunity to be part of a game-changing event in the financial market. Stay informed, invest wisely, and witness the future of retail unfold before your eyes.
Introduction: Naman In-Store (India) IPO is poised to redefine the retail landscape with its innovative solutions and dynamic offerings. Dive into the details of this game-changing IPO that promises to shake up the market.
Naman In-Store (India) Limited IPO Details:
Breaking Down the Numbers:
- IPO Date: March 22, 2024, to March 27, 2024
- Listing Date: [TBD]
- Face Value: ₹10 per share
- Price Band: ₹84 to ₹89 per share
- Lot Size: 1600 Shares
- Total Issue Size: 2,848,000 shares (aggregating up to ₹25.35 Cr)
- Issue Type: Book Built Issue IPO
- Listing At: NSE SME
Naman In-Store (India) IPO Highlights: Unravel the key highlights that make Naman In-Store (India) IPO a must-watch event in the financial market.
Innovative Offerings:
- Valued at Rs 25.35 crores
- Fresh issue of 28.48 lakh shares
- Subscription opens on March 22, 2024, and closes on March 27, 2024
- Tentative listing date on Tuesday, April 2, 2024
- Price band set at ₹84 to ₹89 per share
Objectives of the Issue: Explore the objectives behind Naman In-Store (India) IPO and how it plans to utilize the proceeds.
Strategic Utilization:
- Funding capital expenditure for land acquisition at Butibori, MIDC
- Construction of factory building
- General corporate purposes
Naman In-Store (India) Limited IPO Allocation: Understand the allocation breakdown for different investor categories and the lot sizes for investment.
Accessible Investment:
- Retail investors can apply for a minimum of 1600 shares
- High Net Worth Individuals (HNIs) have a minimum lot size of 2 lots (3,200 shares)
Key Financial Insights: Delve into the financial performance of Naman In-Store (India) Limited and its growth trajectory.
Impressive Growth Metrics:
- Revenue surged by 193.48%
- Profit after tax (PAT) rose by 1696.28%
- Market capitalization stands at Rs 93.88 Cr
Also read: GConnect Logitech and Supply Chain IPO: A Comprehensive Guide to Investing
In conclusion, Naman In-Store (India) Limited emerges as a formidable player in the retail furniture and fixtures industry, poised for exponential growth and innovation. With a robust IPO offering and a comprehensive range of tailored solutions, the company showcases its commitment to excellence and client satisfaction. The visionary leadership of Mr. Raju Paleja, Ms. Bhavika Paleja, Mr. Jay Shah, Mr. Mehul Naik, and Mr. Abdul Shahid Shaikh has steered the company towards unparalleled success, marked by significant financial achievements and strategic expansion plans. By capitalizing on its PAN India presence and venturing into international markets, Naman In-Store (India) Limited demonstrates its readiness to embrace global opportunities and challenges.
Moreover, the company’s emphasis on customer relationships, talent acquisition, and operational efficiency underscores its dedication to sustainable growth and value creation. As investors eagerly anticipate the Naman In-Store (India) Limited IPO’s listing on the NSE SME platform, Naman In-Store (India) Limited stands as a beacon of innovation, poised to redefine the retail landscape with its transformative solutions and unwavering commitment to excellence. Naman In-Store (India) Limited IPO presents a compelling opportunity for investors to participate in the company’s journey towards success and shape the future of the retail industry.
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