
Emerging SME Services · NSE
Naman In-Store (India) Limited, established in 2010, is a leading provider of retail furniture and fittings, offering end-to-end solutions across multiple sectors and retail outlets. Specializing in modular furniture for offices, salons, kitchens, educational institutions, and supermarket shelving solutions, the company also customizes furniture and fixtures in wood, metal, and plastic to meet specific business needs, including kiosks, complete stores, Countertop Units (CTU), Countertop Display Units (CDU), and Point of Sale Merchandising (POSM). Operating under a B2B model, Naman In-Store has built a strong reputation as a trusted partner for businesses seeking high-quality retail solutions. With a state-of-the-art manufacturing facility spanning approximately 1,41,687 sq. ft. in Vasai, Maharashtra, and strategically located warehouses in Kaman, Maharashtra, and Bengaluru, the company ensures efficient production and distribution. Supported by a workforce of 491 employees as of September 30, 2023, and a PAN India service network, Naman In-Store (India) Limited continues to expand its footprint in the retail infrastructure sector, delivering excellence in design, quality, and service.
Price Band
₹84 – ₹89
Issue Size
₹25.35 Cr
Lot Size
1600 shares
GMP
+56.2%
Est. Listing
₹139
at current GMP
Subscribed
309.04x
overall
Open
22 Mar 2024
Close
27 Mar 2024
Allotment
28 Mar 2024
Refund
29 Mar 2024
Demat Credit
30 Mar 2024
Listing
2 Apr 2024
Overall Subscription
309.04x
Total Demand
QIB Multiplier
109.75x
Institutions & Funds
NII / HNI
528.47x
High Net-Worth
Retail (RII)
328.67x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 540,800 | 59,355,200 | 109.75x |
| NIB | 406,400 | 214,769,600 | 528.47x |
| RETAIL | 947,200 | 311,318,400 | 328.67x |
| Total | 1,894,400 | 585,443,200 | 309.04x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 623 | 204,761 | 328.67x |
| HNIs (10L +) | 4 | 2,114 | 528.47x |
| HNIs (2-10L) | 19 | 10,041 | 528.47x |
| Total Applications | 646 | 216,916 | 335.78x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Naman In-Store (India) Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹25.35 Crores. The shares are offered at a price band of ₹84 to ₹89 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2024-03-27, the basis of allotment is scheduled to be finalized on 2024-03-28. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
The latest Grey Market Premium (GMP) for Naman In-Store (India) Limited IPO is ₹50 per equity share. Based on the upper price band of ₹84 to ₹89 per equity share, the estimated listing price is ₹139 (+56.2% expected listing gain).
With a lot size of 1600 shares and current GMP of ₹50, the expected profit per application lot is approx ₹80,000 (+56.2% gain). Minimum application cost is approx ₹1,42,400.
The Naman In-Store (India) Limited IPO aggregate issue size is ₹25.35 Crores with an equity price band set at ₹84 to ₹89 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,42,400.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 309.04x (Retail: 328.67x, QIB: 109.75x, NII: 528.47x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2024-03-28. Investors can verify status using PAN card or application number.
Naman In-Store (India) Limited shares are scheduled to list on NSE on 2024-04-02.