The SME segment is also off to a bright start in the month of September, 2021. One of the companies operating in the segment has come up with its own IPO - Naapbooks Ltd. Interested in getting to know more about this SME IPO? Let’s take a look at some of the key Naapbooks Ltd IPO details.
- About the company
Established in the year 2017, Naapbooks Ltd is a company that operates in the Information Technology and Software services space. Naapbooks Ltd is involved in developing IT solutions for other companies.
The company is proficient in developing a plethora of applications ranging from Fintech apps and Blockchain apps to Embedded apps and Mobile apps. That’s not all. Naapbooks Ltd also provides several other services such as software designing, software consultancy, and more.
- Naapbooks Ltd IPO details
Now that you’re aware of the company and its product and service portfolio, here are the key details of the latest IPO including the Naapbooks Ltd IPO date and Naapbooks Ltd IPO share price.
- Naapbooks Ltd IPO date
The opening and closing dates of the upcoming IPO of the company are September 01, 2021 and September 06, 2021 respectively.
- Naapbooks Ltd IPO issue size
The issue size of the latest IPO of Naapbooks Limited comprises 539,200 equity shares worth Rs. 3.99 crores. The entire public issue of the company is a fresh issue of shares with no offer for sale component.
- Naapbooks Ltd IPO share price
Naapbooks Ltd has notified the price band of its upcoming IPO as Rs. 71 to Rs. 74 per share, which is quite an attractive price range for retail investors.
- Naapbooks Ltd IPO listing
Since this IPO is from a company operating in the SME segment, the shares would be listed on the SME portal of the Bombay Stock Exchange.
- Naapbooks Ltd IPO objectives
The company has notified that it would use the proceeds from the public issue towards its working capital requirements, purchase of equipment, and marketing.
Conclusion
Before you go ahead and apply for the Naapbooks Limited IPO, ensure that you have an online trading and demat account. Without it, you won’t be able to invest in this IPO. Reach out to Motilal Oswal right now to open a demat account if you don’t already have one.
If you already have an existing account, you can start your online trading and invest in the upcoming IPO's.
With a plethora of companies coming forward with their own IPOs in quick succession, you can keep a track of all the upcoming IPOs by regularly following our IPO calendar.
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