Naapbooks IPO is all set to make its debut on 1st Sept 21 with 3.99Cr is engaged in the design and manufacturing of filters and dryers for the Chemicals Industry comprising of Pharmaceuticals
Naapbooks IPO – overview
| IPO Dates | 1-7 sept 2021 |
| IPO Price | INR 74 per share |
| Fresh issue | 539,200 shares (INR 3.99 crore) |
| Offer For Sale | Nil |
| Total IPO size | 539,200 shares (INR 3.99 crore) |
| Minimum bid (lot size) | 1600 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE Emerge |
Naapbooks IPO – Tentative Dates
| IPO Offer Opening Date | 1 Sept 2021 |
| IPO Closing Date | 6 Sept 2021 |
| Finalization of Basis of Allotment | 9 Sept 2021 |
| Initiation of refunds | 13 Sept 2021 |
| Transfer of shares to demat accounts | 14 Sept 2021 |
| IPO Listing Date | 15 Sept 2021 |
| Opening Price on BSE SME | Coming soon |
| Closing Price on BSE SME | Coming soon |
Company Overview
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.
Industry Overview
In 2020, the global information technology industry took a small step back in terms of overall revenue. As of August 2020, the research consultancy IDC was projecting global revenue of $4.8 trillion for the year, compared to their original estimate of $5.2 trillion. While the tech sector fared better than many other industries during the pandemic, it was not immune to cutbacks in spending patterns and deferment of major investments. Moving forward, IDC projects that the technology industry is on pace to reach $5 trillion in 2021. If this number holds, it will represent 4.2% growth, signaling a return to the trend line that the industry was on prior to the pandemic. Looking even further into the future, IDC expects the pattern to continue, estimating a 5% compound annual growth rate (CAGR) for the industry through 2024.
The United States is the largest tech market in the world, representing 33% of the total, or approximately $1.6 trillion for 2021. In the U.S., as well as in many other countries, the tech sector accounts for a significant portion of economic activity. CompTIA’s CyberState report reveals that the economic impact of the U.S. tech sector, measured as a percentage of gross domestic product, exceeds that of most other industries, including notable sectors such as retail, construction and transportation.
Competitive Strengths:
- Strict adherence to quality compliance standards.
- Big demand for IT and automation in India post covid.
- Adoption of the latest technology.
- Experienced, qualified management and skilled resources.
- Strong customer relationship and repetitive clients.
Objectives of the issue
- Funding the working capital requirements of the company.
- Funding purchases of equipment.
- Meet general corporate purposes.
- Marketing initiatives.
Company Financials
| Particulars | 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 |
Company Contact Information
Naapbooks Limited
Third Floor, Business Broadway Center
above V-Mart, Law Garden
Ahmedabad – 380006
Phone: 079-26446872
Email: compliance@naapbooks.com
Website: http://www.naapbooks.com/
Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: naapbooks.ipo@kfintech.com
Website: https://karisma.kfintech.com/
Naapbooks Limited IPO Lead Manager(s)
- GYR Capital Advisors Limited (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
