Naapbooks IPO – Review, Bid, Size, Allotment, Subscription, GMP & RHP
Last Updated Date: Nov 19, 2022Let’s have a detailed review of the company and analytics of the Naapbooks IPO release date, IPO offer price, subscription, Naapbooks Limited IPO allotment, grey market price, and other details like the company’s background, its financial positions, its promoters, and other related things.
| Face Value | Rs 10 |
| Price Band | Rs 71 to Rs 74 |
| Listing At | BSE SME |
| Min. Order Quantity | 1600 Shares |
| Listing Date | Sep 15, 2021 |
| Offer for Sale | Rs Lakh |
| Fresh Issue | Rs 399 Lakh |
| IPO Size | Rs 399 Lakh |
| Tick Size | 1 |
Naapbooks IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.
| Live Performance – Naapbooks Share Price |
Naapbooks IPO – Summary
Their Company was incorporated as “Naapbooks Private Limited” under the provisions of the Companies Act, 2013 vide Certificate of Incorporation dated April 21, 2017, bearing Registration No. 096975 issued by the Registrar of Companies, Ahmedabad, Gujarat.
Further, their Company was converted into a Public Limited Company and the name of their Company was changed to “Naapbooks Limited” vide special resolution dated December 29, 2020. A fresh certificate of incorporation consequent to conversion into a public limited Company was issued to their Company by the Registrar of Companies, Ahmedabad, Gujarat, India on January 7, 2021.
The Promoter of this company is ASHISH JAIN, YAMAN SALUJA, AND SWATI SINGH. The lead manager to the issue is GYR CAPITAL ADVISORS PRIVATE LIMITED, and the Registrar to this issue is KFIN TECHNOLOGIES PRIVATE LIMITED.
Naapbooks IPO Date
The opening and the closing date of the IPO of Naapbooks Limited are Sep 1, 2021, and Sep 6, 2021, respectively.
Naapbooks IPO Subscription
| Day / Date | QIB | NII | RII | Total Subscription |
| 1st Day – 1st Sep | 0.00x | 0.00x | 0.48x | 0.24x |
| 2nd Day – 2nd Sep | 2.00x | 0.08x | 1.11x | 0.61x |
| 3rd Day – 3rd Sep | 2.00x | 0.13x | 1.53x | 0.84x |
| 4th Day – 6th Sep | 4.00x | 0.60x | 2.52x | 1.58x |
| Shares Offered or Net Issue | 3,200 | 254,400 | 254,400 | 512,000 |
The shares subscribed by the public will be updated here.
Naapbooks IPO Allotment Status
Here, you can find the Allotment Status of this IPO.
Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.
Naapbooks Limited IPO Listing Date
Find the dates below on basis of allotment, refund, listing, and more:
| Basis of Allotment Finalization | Sep 9, 2021 |
| Refunds Initiation | Sep 13, 2021 |
| Credit of Shares to Demat Account | Sep 14, 2021 |
| Share Listing Date | Sep 15, 2021 |
Naapbooks IPO Cash Price
The face value of each share is Rs.10, but the price band of the IPO is Rs 71 to Rs 74
Naapbooks IPO Equity Size
This Initial Public Issue of 539,200 Equity Shares of Rs.10 each for cash at a price of Rs 71 to Rs 74 per equity share aggregating to Rs.399 Lakh.
Naapbooks IPO Share Offering
Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of 539,200 Equity Shares of Rs.10/ each.
Issue Size: 539,200 Equity Shares of Rs.10 each, aggregating to Rs.399 Lakh
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Naapbooks IPO – Live Performance
The listing date of this IPO is Sep 15, 2021. You can check the live performance of the IPO here, only after it is listed on exchanges.
| Live IPO Performance – Naapbooks Share Price |
Naapbooks IPO Grey Market Premium
The Naapbooks Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is X.
Naapbooks IPO – Company Overview
Their Company is engaged in the business of developing and providing Information Technological solutions to corporates for their requirements. The company develops and provides Fintech App, Cloud Consulting, Blockchain App, Mobile App, Web App, Embedded App products to its clients.
The services broadly cover designing, developing, operating, install installing analyzing, designing, maintaining, converting, porting, debugging, coding and programming software to be used on a computer or any microprocessor-based device or any other such hardware. Their Company is also engaged in Software Consultancy services.
Their Company adheres to all necessary regulatory specifications. They firmly believe in maintaining their service quality against the highest standards, are unflinchingly customer-centric, deeply people-focused, and follow ethical business practices and corporate governance standards overall. They draw their strength from an age-old tradition of quality services as the best strategy for sustained growth.
Naapbooks IPO – Financial Statements
A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:
Financial Summary:
| Amount (in INR & Lakh) | |||
| 31-Mar-21 | 31-Mar-20 | Mar-19 | |
| Total Assets | 340.16 | 165.66 | 204.89 |
| *Total Revenue | 271.45 | 225.33 | 221.20 |
| Total Expense | 206.07 | 181.50 | 202.59 |
| Profit After Tax | 46.93 | 32.44 | 13.78 |
Earnings per Equity Share (in Lakh)
| 31-Mar-21 | 31-Mar-20 | Mar-19 | |
| Basic & Diluted | 4.06 | 324.40 | 137.80 |
Naapbooks IPO – Promoters
The Promoter of this company is:
- ASHISH JAIN, YAMAN SALUJA
- SWATI SINGH
List of Related Parties (Key Managerial Personnel)
- Nirmal Kumar Jain, Chairman & Executive Director
- Ashish Jain, Executive Director & Chief Executive Officer
- Yaman Saluja, Whole Time Director & Chief Finance Officer
- Abhishek Jain, Non-Executive Director
- Sarita Agarwal, Additional Independent Director
- Ashish Agarwal, Additional Independent Director
Naapbooks IPO – Promoters Holding
- Pre Issue Share Holding – 88.93%
- Pos Issue Share Holding – %
Naapbooks IPO Offer Details or Issue Details
| Particulars | No. Of Equity Shares |
| Equity Shares Offered | Up to 5,39,200 Equity Shares aggregating up to Rs.399 Lakh |
| of which: | |
| Issue Reserved for the Market Makers | Up to 27,200 Equity Shares aggregating up to Rs.[●] Lakh |
| Net Issue to the Public | Up to 5,12,000 Equity Shares aggregating up to Rs.[●] Lakh |
| Of which: | |
| Retail Investors Portion | Not less than 2,54,400 Equity Shares |
| Other than Retail Individual Investors | Not more than 2,54,400 Equity Shares |
| Equity Shares outstanding prior to the Issue | 13,17,400 Equity Shares |
| Equity Shares outstanding after the Issue | X Equity Shares |
Naapbooks IPO Issue Object
Their Company proposes to utilize the Net Proceeds towards funding the following objects:
- Funding the working capital requirements of the company
- Funding purchases of equipment
- Marketing initiatives
- General Corporate Purposes
Naapbooks IPO – Business Strategy
- Leveraging expertise in Mobility, Cloud, and Analytics domain
- Leveraging their Market skills and Relationships
- Continue to develop customer relationships and expand their customer base
Naapbooks IPO – Basis of Offer Price
The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.
Qualitative factors are:
- Quality Assurance and Standard
- Their ability to serve to Grow Domestic Economy and Technological advances with their new-age product
- Skilled and dedicated manpower
- Strong customer relationship
The relevant quantitative factors are:
| Basic & Diluted EPS | RONW (%) | NAV (Rs.) | |
| 31-Mar-21 | 4.06 | 23.18 | 15.37 |
| 31-Mar-20 | 5.79 | 55.63 | – |
| Mar-19 | 2.46 | 53.27 | – |
Naapbooks IPO: Competitive Peers
| Face Value (Rs.) | P/E | EPS (Rs.) | Return on Net Worth (%) | Total Income (Rs. in Lakhs) | |
| Naapbooks Limited | 10 | [●] | 4.06 | 23.18 | – |
| Listed Peers | |||||
| Infosys Limited | 5 | 39.32 | 42.37 | 26.23 | – |
| Happiest Minds Technologies Limited | 10 | 140.92 | 11.71 | 27.10 | – |
| Tech Mahindra Limited | 5 | 31.02 | 10.16 | 17.47 | – |
Naapbooks IPO Lead Managers
| Lead Managers |
| GYR CAPITAL ADVISORS PRIVATE LIMITED 428, Gala Empire, Near T.B. Tower Drive-In Road, Thaltej, Ahmedabad – 380054, Gujarat, India Tel No.: +91 – 82009 31018 Fax No.: N.A. Email: info@gyrcapitaladvisors.com Website: www.gyrcapitaladvisors.com Investor Grievance Email: info@gyrcapitaladvisors.com Contact Person: Ikshit Shah SEBI Registration No.: INM000012810 |
Naapbooks IPO Registrar to offer
| Registrar to the Offer |
| KFIN TECHNOLOGIES PRIVATE LIMITED Selenium Tower-B, Plot No. 31-32, Gachibowli, Nanakramguda, Serilingampally, Hyderabad, Telangana – 500 032. Tel. No.: +91-40-6716-2222 Fax No.: +91-40-2343-1551 Email: naapbooks.ipo@kfintech.com Website: www.kfintech.com Investor Grievance Email: einward.ris@kfintech.com Contact Person: M Murali Krishna SEBI Registration No.: INR000000221 |
Naapbooks IPO – Other Details
- Statutory Auditor – Purshottam Khandelwal & Co, Chartered Accountant
- Legal Counsel to the Company – NA
- Bankers to the Company – NA
Naapbooks IPO Review by Stock Brokers
| Top Stock Brokers Review | Company Reputation | Competitive Edge | Financial Statement | Popularity Index | Promoters Reputation |
| Angel Broking | 7.5/10 | 7.4/10 | 8.5/10 | 8.1/10 | 7.1/10 |
| Sharekhan | 7.2/10 | 7.1/10 | 8.6/10 | 8.1/10 | 7.2/10 |
| Kotak Securities | 7.3/10 | 7.5/10 | 8.4/10 | 8.1/10 | 7.3/10 |
| ICICI Direct | 7.3/10 | 7.3/10 | 8.7/10 | 8.1/10 | 7.1/10 |
| IIFL | 7.5/10 | 7.2/10 | 8.8/10 | 8.0/10 | 7.1/10 |
| Edelweiss | 7.5/10 | 7.4/10 | 8.4/10 | 8.3/10 | 7.2/10 |
| Zerodha | 7.4/10 | 7.1/10 | 8.5/10 | 8.1/10 | 7.0/10 |
| 5Paisa | 7.1/10 | 7.1/10 | 8.4/10 | 8.1/10 | 7.1/10 |
| Karvy | 7.4/10 | 7.3/10 | 8.2/10 | 8.1/10 | 7.1/10 |
| Motilal Oswal | 7.1/10 | 7.1/10 | 8.6/10 | 8.3/10 | 7.2/10 |
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Naapbooks IPO Review FAQs
What is the Issue Size of Naapbooks IPO?
The Company is making an initial public offer of 539,200 equity shares. They vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and net issue.
What is the Price band of Naapbooks IPO?
The price band for this particular IPO ranges between Rs 71 to Rs 74. As far as the face value of the share is of concern, it is Rs.10 per share.
What is the Naapbooks IPO Open Date?
The opening and closing dates for this IPO have been updated. The IPO is set to open on Sep 1, 2021, while the closing date is set at Sep 6, 2021.
What is the Naapbooks IPO Allotment Date?
They also have the news regarding the respective allotment dates of this IPO. Basis of Allotment finalization is on Sep 9, 2021, refund initiation is on Sep 13, 2021, credit of shares is on Sep 14, 2021, and share listing date is on Sep 15, 2021.
What is the Naapbooks IPO Listing Date?
Shares of this company shall be listed in the exchanges on Sep 15, 2021. The date, when the listing would be done, is stagnant on Sep 15, 2021.
Who is the Registrar of Naapbooks IPO?
One of the reputed registrars is managing the issue of this IPO, i.e. KFIN TECHNOLOGIES PRIVATE LIMITED. Their website will help you regarding the further information you are on the lookout for.
Who is the Promoter of Naapbooks IPO?
Here are the promoters of this IPO – ASHISH JAIN, YAMAN SALUJA, AND SWATI SINGH. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.
What is the GMP of Naapbooks IPO?
They have obtained the GMP of this IPO and it is NA. Further insights of Kostak rate and subject to sauda or SS are as well included in this report.
Is Naapbooks IPO good for Investment?
They have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.
What is the PAT of Naapbooks Company?
They have the information of company financials, and according to that, they have the figures from the last few years to provide. PAT for the financial year 2021 in Lakh is 46.93, 2020 is 32.44, 2019 is 13.78.
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