- NEGATIVE
Annual Revenue Naman Industries Proxima Mar-2026 Annual Revenue is Rs 144 Cr which is growth of -8.2% YoY.
- NEGATIVE
Annual Net Profit Naman Industries Proxima Mar-2026 Annual Net Profit is Rs -2 Cr which is growth of -136.3% YoY.

Naman In-Store (India) was incorporated on July, 23, 2010. It is a display and retail furniture & fixture company with a broad spectrum of offerings and in-store solutions to various industries and retail stores. Further, it manufactures modular furniture for offices, beauty stores, low-housing kitchens, educational institutions, as well as supermarket shelving solutions
| Bidding Dates |
|---|
| 22 Mar 2024 - 27 Mar 2024 |
| Subscription |
|---|
| 287.49x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹134,400 | 1 | 1 | 1600 | 2.8 M | ₹84 - ₹89 | 73 % | ₹239.2 M - ₹253.5 M | RHP DOC |
Naman In-Store IPO SUBSCRIPTION STATUS
27 Mar '24Naman In-Store IPO overall subscription rate was 287.49 times the total available shares
Naman In-Store IPO retail subscription rate was 436.87 times in the retail segment
Naman In-Store IPO non-institutional investor subscription rate was 702.96 times in the non-institutional investor category
Naman In-Store IPO Qualified Institutional Bidder subscription rate was 58.28 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
27 Mar 2024 (Day 3) | 436.87x | 702.96x | 58.28x |
26 Mar 2024 (Day 2) | 137.36x | 97.33x | 4.7x |
22 Mar 2024 (Day 1) | 30.19x | 18.73x | 2.55x |
Naman In-Store FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from Operations (Rs in millions) | Cash Flow from Operations (Rs in millions) | Free Cash Flow (Rs in millions) | Margins |
| H1FY24 | 61.9 | 792.2 | 67.8 | 34.3 | 15.7% |
| FY23 | 38.2 | 1,498.5 | -8.9 | -75.6 | 7.2% |
| FY22 | 2.1 | 509.9 | -40.1 | -76.0 | 5.7% |
| FY21 | 0.5 | 133.8 | -39.4 | -102.2 | 5.7% |
Naman In-Store IPO SUBSCRIPTION STATUS DETAILS
Naman In-Store had 2.8 M shares on offer
Naman In-Store IPO offer price was in the range ₹84 - ₹89
Naman In-Store IPO minimum Investment was ₹134400
Naman In-Store IPO issue size was ₹ 239.2 M - ₹ 253.5 M
Naman In-Store had a minimum lot size of 1600 Shares per application
Naman In-Store NUMBER OF SHARES ON OFFER
Naman In-Store IPO IMPORTANT DATES
| Issue Open Date | 22 Mar 2024 |
| Issue close Date | 27 Mar 2024 |
| Allotment Date | 28 Mar 2024 |
| Refund Date | 28 Mar 2024 |
| Demat Account Credit Date | 01 Apr 2024 |
| Listing Date | 02 Apr 2024 |
| Listing on Exchange(s) | NSE |
| Naman In-Store Allotment Status | Exchange |
Naman In-Store IPO subscription opened on 22 Mar 2024, and closed on 27 Mar 2024
IPO allotment for Naman In-Store was finalized on Thursday, 28 Mar 2024
IPO listing for Naman In-Store was on NSE on Tuesday, 02 Apr 2024
Naman In-Store IPO LISTING GAINS
| Issue Price (adjusted) | 89.0 |
| Listing Open Price | 125.0 |
| Listing Close Price | 118.8 |
| Listing Gain% | 40.5% |
| Current Gain% | -54.5% |
Naman In-Store Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Naman Industries Proxima Ltd. | 40.5 | 42.7 | -23.2 | 0.2 | 0.3 | -3 | -1.9 | 144.3 | -8.2 | -2.3 | -136.3 | -1.7 | -129.3 |
| International Gemological Institute Ltd. | 397.8 | 17189.2 | 25.8 | 0.9 | 11.8 | 47.8 | 38.3 | 1661.9 | 52.7 | 711.2 | 66.4 | 15.4 | 30.3 |
| Indiabulls Ltd. | 30.2 | 7036.3 | 16.8 | 0 | 6.4 | 8.9 | 6.6 | 880.8 | 172602 | 273.9 | 501.6 | 1.8 | 739.2 |
| SIS Ltd. | 369.2 | 5218.7 | 35.6 | 0.1 | 0.3 | 5.4 | 1.8 | 16030.1 | 20.9 | 137.8 | 1069.1 | 10.4 | 261.6 |
| Network People Services Technologies Ltd. | 1600 | 3338.2 | 81.8 | 3.6 | 15.3 | 9.3 | 8 | 209.4 | 15.9 | 40.8 | -9.7 | 19.6 | 22.4 |
| eMudhra Ltd. | 339.9 | 2814.8 | 24.5 | 1 | 3.8 | 11.8 | 8.9 | 713.2 | 35.1 | 107.8 | 27.4 | 13.9 | 25.5 |
Naman In-Store annual results: revenue, profit, P&L, and margins as of Mar 2026 – 11 year history
| Indicator | Graph | CAGR 3 Yrs | CAGR 5 Yrs | Mar '26 | Mar '25 | Mar '24 | Mar '23 | Mar '22 | Mar '21 | Mar '20 | Mar '19 | Mar '18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
-1.3% | 60.9% | 144.3 | 157.1 | 144.9 | 149.9 | 51.1 | 13.4 | 0 | 0 | 1.2 | ||
Operating Exp. Ann. | 0.6% | 62.4% | 141.2 | 140.9 | 123.7 | 138.8 | 48 | 12.5 | 0.1 | 0.1 | 1.3 | |
Operating Profit Ann. | -51.1% | 7.6% | 1.3 | 14.7 | 21 | 11.1 | 3 | 0.9 | -0.1 | -0.1 | -0.1 | |
OPM Ann. % | -50.4% | -32.8% | 0.90% | 9.37% | 14.52% | 7.37% | 5.93% | 6.58% | -1,253.51% | -1,983.93% | -3.75% | |
0.7% | 62.3% | 147.3 | 148.6 | 131.9 | 144.2 | 50.7 | 13.1 | 0.1 | 0.2 | 1.4 | ||
EBITDA Ann. | -34.6% | 28.1% | 3.1 | 16.2 | 21.2 | 11.1 | 3.1 | 0.9 | -0.1 | -0.1 | -0 | |
EBITDA Ann. margin % | -34.2% | -20.4% | 2.12% | 10.32% | 14.60% | 7.43% | 6.12% | 6.63% | -1,153.67% | -1,883.93% | -2.17% | |
Interest Ann. | -5.7% | 54% | 2.6 | 3.8 | 4.3 | 3.1 | 1.1 | 0.3 | 0 | 0 | 0 | |
Depr. | 12.3% | 53.4% | 3.4 | 4 | 3.9 | 2.4 | 1.6 | 0.4 | 0 | 0.1 | 0.1 | |
PBT Ann. | - | - | -3 | 8.5 | 12.3 | 5.7 | 0.4 | 0.3 | -0.1 | -0.2 | -0.2 | |
Tax Ann. | - | - | -0.7 | 2.2 | 3.1 | 1.4 | 0.2 | 0.2 | -0 | -0 | ||
- | - | -2.3 | 6.3 | 9.3 | 4.4 | 0.2 | 0.1 | -0.1 | -0.2 | -0.2 | ||
Net Profit Ann. | - | - | -2.3 | 6.3 | 9.3 | 4.4 | 0.2 | 0.1 | -0.1 | -0.2 | -0.2 | |
NPM Ann. % | - | - | -1.60% | 4.03% | 6.40% | 2.90% | 0.45% | 0.60% | -14.93% | |||
EPS Adj. latest Ann. | - | - | -1.8 | 4.8 | 7.1 | 3.3 | 0.2 | 0.1 | -0.1 | -0.1 | -0.1 |
Naman In-Store INFORMATION ON IPO ISSUE
About Naman In-Store
Naman In-Store (India) was incorporated on July, 23, 2010. It is a display and retail furniture & fixture company with a broad spectrum of offerings and in-store solutions to various industries and retail stores. Further, it manufactures modular furniture for offices, beauty stores, low-housing kitchens, educational institutions, as well as supermarket shelving solutions
Object of the Issue
- Funding capital expenditure of the company to acquire land on a leasehold basis at Butibori, MIDC, and proposes to shift the existing manufacturing facilities of the company.
- Construction of factory building.
- General corporate purposes.
Naman In-Store - PROMOTERS
| Name |
|---|
| Raju Paleja |
| Bhavika Paleja |
| Jay Shah |
| Mehul Naik |
| Abdul Shahid Shaikh |
Naman In-Store Lead Manager of the Issue
GYR Capital Advisors Private Limited
info@gyrcapitaladvisors.com
Naman In-Store Registrar to the issue
Bigshare Services Private Limited
ipo@bigshareonline.com
Naman In-Store Strengths
Compliance with quality standards
The company has received ISO 9001, 14001, and OHSAS 18001 certifications for the quality of its products. Further, it has also received a UK compliance certificate for its quality system
Integrated manufacturing facilities
The company provides one-stop solutions to customers as per their requirement. It maintains the requisite infrastructure and technological upgrades for the smooth running of the manufacturing process as well as to cope with the changing market demand situation
Client relationship
On-time delivery and quality products help the company maintain a strong relationship with customers and also give it competitive strength against its peers
Naman In-Store Risks
Certain litigation and claims
One of the company's directors is party to certain litigation and claims. Any adverse decision may make it liable to liabilities/penalties and may adversely affect the reputation, business, and financial status
Negative cash flow
The company has experienced negative cash flow in recent fiscal years. Sustained negative cash flow could adversely impact the business, financial condition, and results of operations
Faces competition
The company faces competition in its business from domestic competitors. Such competition could have an adverse impact on the business and financial performance
IPO FAQs
The promoters of the company are Raju Paleja, Bhavika Paleja, Jay Shah, Mehul Naik and Abdul Shahid Shaikh.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 84.0 - 89.0.
The IPO application opens on Mar 22, 2024 and closes on Mar 27, 2024.
The minimum lot size for the IPO is 1600. The maximum lot size for the IPO is 1600.
For all category investors, the minimum application amount for this IPO is Rs. 134,400.0, the maximum value for this IPO is Rs 142,400.0.
This IPO will be allotted on Mar 28, 2024.
The refund will be credited to your account on Mar 28, 2024.
The allotted shares will be credited to your demat on Apr 01, 2024.
Naman In-Store (India) Ltd.’s shares listed on the stock exchanges on Apr 02, 2024.
