IPO Issue Details
Issue Price / Price Band₹74 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,600 Shares per Lot
Total Issue Size5,39,200 shares (aggregating up to ₹3.99 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenWed, 01 Sep 2021
Subscription CloseMon, 06 Sep 2021
Anchor AllotmentTue, 31 Aug 2021
Basis of AllotmentThu, 09 Sep 2021
Initiation of RefundsMon, 13 Sep 2021
Credit of Shares to DematTue, 14 Sep 2021
Listing DateWed, 15 Sep 2021
UPI Mandate Deadline2021-09-06
Application & Investment Details
Retail — Min (1 Lots)₹1,18,400 — 1,600 shares
Retail — Max (13 Lots)₹1,539,200 (13 Lots)
HNI — Min (2 Lots)₹2,36,800 — 3,200 shares
Net Offer to Public5,12,000 shares (aggregating up to ₹3.79 Cr)
Reserved for Market Maker27,200 shares (aggregating up to ₹0.2013 Cr)
Pre-IPO Promoter Holding13,17,400 shares
Post-IPO Promoter Holding18,56,600 shares
About Naapbooks Ltd.
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 strengthsStrict adherence to quality compliance standards.Big demand for IT and automation in India post covid.Adoption of latest technology.Experienced, qualified management and skilled resources.Strong customer relationship and repetitive clients.
Objects of the Issue
Naapbooks Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Funding the working capital requirements of the company
2.00
2
2 Funding purchases of equipment;
0.50
3
3 Marketing initiatives;
0.40
4
4 General Corporate Purposes
0.79
Shareholding & Lock-in
Pre-IPO Promoter Holding
13,17,400 shares
Post-IPO Promoter Holding
18,56,600 shares