Naman In-Store (India) Ltd - IPO

Naman In-Store (India) Ltd IPO Details

Initial public offer of 28,48,000 equity shares of face value Rs. 10 each (the Equity Shares) of Naman In-Store (India) Limited (The Company or the Issuer) for cash at an issue price of Rs. 89 per equity share (including a securities premium of Rs. 79 per equity share) (Issue Price), aggregating to Rs. 25.35 crores (the Issue) of which 1,42,400 equity shares aggregating to Rs. 1.27 crores will be reserved for subscription by market maker (Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. issue of 27,05,600 equity shares of face value of Rs. 10 each at an issue price of Rs. 89 per equity share aggregating upto Rs. 24.08 crores is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 27.00% and 25.65% respectively of the post-issue paid-up equity share capital of the company.The face value is Rs. 10 Each and issue price is Rs. 89. The issue price is 8.9 times of the face value of the equity share.Anchor investor Issue Price Rs. 89 per equity share the issue price is 8.9 times of the face value.

Objective of issue

Funding capital exp of the company to acquire land on leasehold basis at Butibori MIDC & proposes to shift the existing mfg facilities of the company. Construction of factory building. General corporate purposes.

Naman In-Store (India) Ltd Contact Details

Naman In-Store (India) Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - compliance@nipl.co

Website - www.namaninstore.com