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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 ₹74.00 per share . The lot size for an application is 1,600. The minimum amount of investment required by an retail is ₹1,13,600 (1600 shares). The minimum lot size investment for 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 Date | September 1, 2021 to September 6, 2021 |
| Listing Date | September 15, 2021 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹71 to ₹74 per share |
| Issue Price Final | ₹74 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 5,39,200 shares (aggregating up to ₹3.99 Cr) |
| Reserved for Market Maker | 27,200 shares Beeline Broking Ltd. (aggregating up to ₹0.2013 Cr) |
| Net Offered to Public | 5,12,000 shares (aggregating up to ₹3.79 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 13,17,400 shares |
| Share Holding Post Issue | 18,56,600 shares |
Naapbooks Limited IPO offers total 5,39,200 shares. Out of which 3,200 (0.59%) allocated to QIB, 2,54,400 (47.18%) allocated to NII, 2,54,400 (47.18%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 27,200 (5.04%) |
| QIB Shares Offered | 3,200 (0.59%) |
| NII (HNI) Shares Offered | 2,54,400 (47.18%) |
| Retail Shares Offered | 2,54,400 (47.18%) |
| Total Shares Offered | 5,39,200 (100.00%) |
Naapbooks IPO opens on September 1, 2021, and closes on September 6, 2021.
| IPO Open Date | Wed, Sep 1, 2021 |
| IPO Close Date | Mon, Sep 6, 2021 |
| Tentative Allotment | Thu, Sep 9, 2021 |
| Initiation of Refunds | Mon, Sep 13, 2021 |
| Credit of Shares to Demat | Tue, Sep 14, 2021 |
| Tentative Listing Date | Wed, Sep 15, 2021 |
| Cut-off time for UPI mandate confirmation | 5 PM on Mon, Sep 6, 2021 |
Investors can bid for a minimum of 1,600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| 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 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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
| Particulars | For the year/period ended (₹ in Lakhs) | ||||
|---|---|---|---|---|---|
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |||
| Total Assets | 340.16 | 165.66 | 204.89 | ||
| Total Revenue | 271.45 | 225.33 | 221.20 | ||
| Profit After Tax | 46.93 | 32.44 | 13.78 | ||
The Company Naapbooks IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 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 |
[Dilip Davda] Though the company has posted slow growth in its top and bottom lines, aggressive pricing of the issue and increasing competition are major concerns. Comparison with bigwigs is nothing but an eyewash to tempt investors. Small equity post IPO indicates a longer duration for migration to the mainboard. Hence risk seeker/cash surplus investors only may consider investment for long term, rest can avoid. Read detail review...
| Listing Date | September 15, 2021 |
| BSE Script Code | 543351 |
| NSE Symbol | |
| ISIN | INE0GOA01018 |
| Final Issue Price | ₹74 per share |
| BSE Listing Group | TS |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹74.00 |
| Open | ₹77.00 |
| Low | ₹74.00 |
| High | ₹77.70 |
| Last Trade | ₹74.00 |
Naapbooks Ltd.
Third Floor, Business Broadway Center
above V-Mart,
Law Garden,
Ahmedabad, Gujarat, 380006
Phone: 079-26446872
Email: compliance@naapbooks.com
Website: http://www.naapbooks.com/
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: naapbooks.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
Naapbooks IPO is a SME IPO of 5,39,200 equity shares of the face value of ₹10 aggregating up to ₹3.99 Crores. The issue is priced at ₹74 per share. The minimum order quantity is 1600.
The IPO opens on September 1, 2021, and closes on September 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 September 1, 2021 and closes on September 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 Tuesday, September 14, 2021. Check the Naapbooks IPO allotment status.
The Naapbooks IPO listing date is on Wednesday, September 15, 2021.
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