The Naman In Store IPO started on March 22, 2024, and ended on March 27, 2024. Shares were allocated on March 28, 2024, and refund processes began on April 1, 2024. On April 1, 2024, the shares were credited to investors demat accounts. Naman In Store was officially listed on the stock exchange on April 2, 2024.
During the IPO, Naman In Store offered shares at a price range of ₹84 to ₹89 per share, and the lot size was 1600 shares. The total issue size was ₹25.35 crores, with ₹25.35 crores from new shares. The IPO was listed on both the NSE SME.
Naman In Store IPO Subscription Update Video
Naman In Store IPO Subscription Status
The Naman In Store IPO on March 27, 2024 was subscribed 309.03 times, with the retail category being subscribed 328.80 times, the NII (Non-Institutional Investor) category being subscribed 528.12 times, the QIB (Qualified-Institutional Buyers) category being subscribed 109.75 times.
| Category | Subscription |
| QIB | 109.75x |
| NII | 528.12x |
| Retail | 328.80x |
| Total | 309.03x |
Naman In Store IPO Basic Details
| Company Name | Naman In Store Limited |
| Naman In Store IPO Open Date | March 22, 2024 |
| Naman In Store IPO Close Date | March 27, 2024 |
| Naman In Store IPO Allotment Date | March 28, 2024 |
| Naman In Store IPO Listing Date | April 2, 2024 |
| Face Value | ₹10 per share |
| Price | ₹84 to ₹89 per share |
| Lot Size | 1600 Shares |
| Issue Size | 2,848,000 shares of ₹10 (aggregating up to ₹25.35 Cr) |
| Fresh Issue | 2,848,000 shares of ₹10 (aggregating up to ₹25.35 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Company Promoters | Mr. Raju Paleja, Ms. Bhavika Paleja, Mr. Jay Shah, Mr. Mehul Naik, and Mr. Abdul Shahid Shaikh |
About Naman In Store Limited
Naman In-Store (India) Limited started back in 2010. They’re into making furniture and fittings for shops and businesses. They make all sorts of things like desks for offices, beauty salon furniture, and compact kitchen setups. They even do shelves for supermarkets.
Besides the standard stuff, they also make custom furniture. They can work with wood, metal, or plastic to create things like kiosks, whole store setups, and different display units for selling stuff.
Naman mostly deals with other businesses rather than individual customers. Their main factory is in Vasai, Maharashtra, and it’s pretty big, covering about 1,41,687 square feet. They also have warehouses in Kaman, Maharashtra, and Bengaluru.
They don’t just operate locally; they serve customers all across India. By September 30, 2023, they had worked with around 32 retail customers and 4 industrial ones.
And when it comes to their team, they’ve got quite a workforce. As of September 30, 2023, they had 491 employees in total.
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Naman In Store IPO FAQs
What is the start and end date of Naman In Store IPO Subscription?
The Naman In Store IPO started on March 22, 2024, and ended on March 27, 2024.
When does Naman In Store IPO Subscription open?
The Naman In Store IPO open on March 22, 2024.
When does Naman In Store IPO Subscription close?
The Naman In Store IPO Close on March 27, 2024.
What is the allotment date of Naman In Store IPO?
The allotment date for Naman In Store IPO is March 28, 2024.
When is the initial refund date of Naman In Store IPO?
The initial Refund date for Naman In Store IPO is April 1, 2024.
When were the shares credited to investors demat accounts for the Naman In Store IPO?
The shares for the Naman In Store IPO were credited to investors demat accounts on April 1, 2024.
When will Naman In Store IPO be listed on the stock market?
Naman In Store IPO stock market will be listed on April 2, 2024 at 10 am.
What was the price range of the Naman In Store IPO shares?
The Naman In Store IPO shares were offered at a price range of ₹84 to ₹89 per share.
What was the lot size for the Naman In Store IPO shares?
The lot size for the Naman In Store IPO shares was 1600 shares.
What was the total issue size of the Naman In Store IPO?
The total issue size of the Naman In Store IPO was ₹25.35 crores.
On which stock exchanges was the Naman In Store IPO listed?
The Naman In Store IPO was listed on the NSE SME.
What is the Naman In Store IPO Subscription Status?
Naman In Store IPO is subscribed 309.03 Times.
