Naman In-Store plans to raise INR 25.35 crores via IPO, issuing 28.48 lakh shares. The funds will go towards land acquisition, building factories, and general corporate use.
Naman In-Store IPO aims to buy land in Nagpur, Maharashtra (₹4.66cr), & build a factory (₹12.17cr), and allocate the rest for general corporate purposes.
Naman In-Store India's risks include revenue dependence on Maharashtra, susceptible to regional issues, quality standards lapses and domestic competition.