Bookbuilding IPO | ₹4 Cr | Listed at BSE SME | Wed, Sep 1, 2021 - Mon, Sep 6, 2021
Naapbooks IPO is a book build issue of ₹3.99 crores. The issue is entirely a fresh issue of 0.05 crore shares of ₹3.99 crore.
Naapbooks IPO bidding started from Sep 1, 2021 and ended on Sep 6, 2021. The allotment for Naapbooks IPO was finalized on Sep 9, 2021. The shares got listed on BSE SME on Sep 15, 2021.
Naapbooks IPO price band is set at ₹74 per share. The lot size for an application is 1,600. The minimum amount of investment required by an retail is ₹1,18,400 (1600 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (3,200 shares), amounting to ₹2,36,800.
GYR Capital Advisors Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. The Market Maker of the company is Beeline Broking Ltd..
Refer to Naapbooks IPO RHP for detailed Information.
IPO Open
Wed, Sep 1, 2021
IPO Close
Mon, Sep 6, 2021
Issue Price
₹74 per share
Market Cap (Pre-IPO)
₹13.74 Cr
| IPO Date | 1 to 6 Sep, 2021 |
| Listed on | Wed, Sep 15, 2021 |
| Face Value | ₹10 per share |
| Price Band | ₹71 to ₹74 |
| Issue Price | ₹74 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 5,39,200 shares (agg. up to ₹4 Cr) |
| Reserved for Market Maker | 27,200 shares Beeline Broking Ltd. (agg. up to ₹0.2013 Cr) |
| Fresh Issue (Ex Market Maker) | 5,12,000 shares (agg. up to ₹4 Cr) |
| Net Offered to Public | 5,12,000 shares (agg. up to ₹4 Cr) |
| Share Holding Pre Issue | 13,17,400 shares |
| Share Holding Post Issue | 18,56,600 shares |
| BSE Script Code | 543351 |
| ISIN | INE0GOA01018 |
Naapbooks IPO comprises a total issue size of 5,39,200 shares. The net offer to the public is 5,12,000 shares, after excluding 27,200 shares allotted on a firm basis. Of the Net offer 3,200 (0.63%) are allocated to QIB, 2,54,400 (49.69%) allocated to NII 2,54,400 (49.69%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 3,200 | 0.63% | 0.59% |
| NII (HNI) Shares Offered | 2,54,400 | 49.69% | 47.18% |
| Retail Shares Offered | 2,54,400 | 49.69% | 47.18% |
| Firm Reservations | |||
| Market Maker Shares Offered | 27,200 | 5.04% | |
| Total Shares Offered | 5,39,200 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,600 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹1,18,400 |
| Retail (Max) | 1 | 1,600 | ₹1,18,400 |
| HNI (Min) | 2 | 3,200 | ₹2,36,800 |
Naapbooks is engaged in developing and providing Information Technological solutions to corporates. The company develops Fintech App, Cloud Consulting, Blockchain App, Mobile App, Web App, Embedded App products to its clients.
Companies’ services include designing, developing, operating, installing, analysing, designing, maintaining, converting, porting, debugging, coding, and programming software to be used on computers, microprocessor-based devices, or any other such hardware. The company also provides Software Consultancy services.
Competitive strengths
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the working capital requirements of the company | 2.00 |
| 2 | Funding purchases of equipment; | 0.50 |
| 3 | Marketing initiatives; | 0.40 |
| 4 | General Corporate Purposes | 0.79 |
The Naapbooks Limited IPO is subscribed 1.58 times on September 6, 2021 5:43:00 AM (Day 4). The public issue subscribed 2.52 times in the retail category, 4 times in the QIB category, and 0.6 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 4 | 3,200 | 12,800 |
| NII* | 0.6 | 2,54,400 | 1,53,600 |
| Retail | 2.52 | 2,54,400 | 6,40,000 |
| Total | 1.58 | 5,12,000 | 8,06,400 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue Management fees including Merchant Banking fees and Market Making fees, Underwriting fees and payment to other intermediaries such as Legal Advisors, Registrars and other out of pocket expenses | 0.20 |
| 2 | Advertising and Marketing Expenses | 0.04 |
| 3 | Fees payable to the to the Regulators including stock exchange(s) | 0.04 |
| 4 | Printing & Stationery, Distribution, Postage, etc. | 0.01 |
| 5 | Brokerage and selling commission | 0.00 |
| 6 | Other Expenses (Banker’s to the Issue, Auditor’s fees etc.) | 0.01 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹74.00 |
| Open | ₹77.00 |
| Low | ₹74.00 |
| High | ₹77.70 |
| Last Trade | ₹74.00 |
Lead Manager Reports
Naapbooks IPO is a SME IPO of 5,39,200 equity shares of the face value of ₹10 aggregating up to ₹4 Crores. The issue is priced at ₹74 per share. The minimum order quantity is 1600.
The IPO opens on Wed, Sep 1, 2021, and closes on Mon, Sep 6, 2021.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Naapbooks IPO using UPI as a payment gateway. Zerodha customers can apply in Naapbooks IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Naapbooks IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Naapbooks IPO opens on Wed, Sep 1, 2021 and closes on Mon, Sep 6, 2021.
Naapbooks IPO lot size is 1600, and the minimum amount required for application is ₹1,18,400.
You can apply in Naapbooks IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Naapbooks IPO will be done on Thursday, September 9, 2021, and the allotted shares will be credited to your demat account by Tue, Sep 14, 2021. Check the Naapbooks IPO allotment status.
The Naapbooks IPO listing date is on Wed, Sep 15, 2021.
