Naman In-Store marks new milestone with IPO

Marking a new milestone in its journey, leading retail fixture manufacturer Naman In-Store (India) Ltd (NIPL) has announced that it is all set for its Initial Public Offering (IPO).

As per the information shared by the company on social media, the offer is of  28, 48, 000 equity shares with a face value of Rs 10 each.  The shares are being offered in the range of Rs 84 to 89 per equity share. Bids can be made for a minimum of 1600 equity shares and in multiples of 1600 equity shares thereafter.  

“This IPO marks a significant step forward, reflecting our dedication to growth, innovation, and the continued support of our valued community. As we embark on this exciting venture, we extend our gratitude to our employees, partners, and customers who have been instrumental in shaping our success,” says the company statement. 

The company, which has a full-fledged, consolidated factory in Vasai, Mumbai, and consistently focused on strengthening its infrastructure and manufacturing technology, had installed a Salvagnini Panel Bender (Fully Loaded) in its factory premises last year.  The IPO marks a new phase in the company’s growth journey.