Naman In-Store IPO is planning to raise ₹25.35 Crores through its IPO, Fresh issue of 28.48 lakh shares.
Subscription opened on 22 Mar,2024 and closed on 27 Mar,2024. The allotment result is expected on Thursday, 28 Mar,2024. The listing date on NSE and SME is scheduled for Tuesday, 2 Apr,2024.
The Naman IPO share prices are set in the range of ₹84 to ₹89 per share. Retail investors need a minimum investment of ₹142400 for a lot size of 1600 shares. For HNI, the minimum lot size investment is 2 lots (3200 shares), amounting to ₹284800.
Table of Contents
IPO GMP
Today, the Gray Market Premium (GMP) for Naman IPO is ₹50. After the allotment is announced, you can check your status on the website: https://ipo.bigshareonline.com/ipo_status.html.
For more information about the GMP of the Naman IPO, please read our blog here.
IPO Details
| Date | 22 Mar 2024 to 27 Mar 2024 |
| Listing Date | 2 Apr 2024 |
| Price Band | ₹84 to ₹89 / share |
| Lot Size | 1600 Shares |
| Total Issue Size | 2,848,000 shares (around ₹25.35 Cr) |
| Fresh Issue | 2,848,000 shares (around ₹25.35 Cr) |
| Share holding pre issue | 7,700,000 |
| Share holding post issue | 10,548,000 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹142,400 |
| Retail (Max) | 1 | 1600 | ₹142,400 |
| HNI (Min) | 2 | 3200 | ₹284,800 |
IPO Anchor Investors Details
Naman In-Store IPO secures ₹7.22 Cr. from anchor investors. Anchor bidding took place on Mar21, 2024. For List of Anchor Investors Click here.
| Bid Date | 21 Mar 2024 |
| Shares Offered | 811,200 |
| Anchor Portion Size | 7.22 Cr. |
| End of Lock-in Period: 50% Shares (30 Days) | 27 Apr 2024 |
| End of Lock-in Period: Remaining Shares (90 Days) | 26 Jun 2024 |
IPO Timeline
| IPO Open Date | 22 Mar 2024 |
| IPO Close Date | 27 Mar 2024 |
| Basis of Allotment | 28 Mar 2024 |
| Initiation of Refunds | 1 Apr 2024 |
| Credit of Shares to Demat | 1 Apr 2024 |
| Listing Date | 2 Apr 2024 |
| Cut-off time for UPI mandate | 27 Mar 2024 (5 PM) |
IPO Reservation Quota
| Investor Type | Shares Offered (%) |
|---|---|
| QIB Quota | Maximum 50% of the total offer |
| Retail Quota | At least 35% of the total offer |
| NII Quota | At least 15% of the total offer |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 69.22% |
| ROCE | 24.51% |
| RoNW | 51.42% |
| P/BV | 1.04 |
IPO Financial’s Information ( Value in ₹ Lakhs. )
| Period Ended | Sep 2023 | Mar 2023 | Mar 2022 | Mar 2021 |
| Assets | 5,598.94 | 3,074.09 | 1,693.00 | |
| Revenue | 7,929.71 | 14,993.50 | 5,108.94 | 1,341.28 |
| Profit After Tax | 618.89 | 381.71 | 21.25 | 5.08 |
| Net Worth | 1,203.48 | 584.59 | 202.88 | 131.64 |
| Reserves and Surplus | 488.94 | 53.48 | 41.64 | |
| Total Borrowing | 3,166.06 | 2,944.09 | 1,883.91 | 1,023.91 |
IPO Objectives
- Allocating funds to buy land in Butibori, MIDC, and relocate our manufacturing facilities.
- Building a factory.
- General corporate needs.
FAQs
Today, the Gray Market Premium for IPO is ₹50.
The expected return for the IPO today is 56.18%.
The start date for applying to the IPO is 22 Mar,2024.
The end date for applying to the IPO is 27 Mar,2024.
The allotment date for the IPO is 28 Mar,2024.
The listing date for the Naman In-Store IPO is 2 Apr,2024.
You can check the allotment status at https://ipo.bigshareonline.com/ipo_status.html.