Naman In-Store (India) Ltd. IPO

Naman In-Store (India) Limited is a prominent display and retail fixture company with a broad spectrum of offerings tailored to various industries. In the retail sector, we specialize in providing top-notch store fixtures for fashion, apparel, footwear, beauty and electronic retailers. Our range ... of fixtures is designed to enhance the visual appeal and functionality of retail spaces. In addition to retail fixtures, Naman is also a prominent player in the manufacturing sector. Our expertise extends to crafting office furniture, low-housing kitchens, furniture for education institutions as well as supermarket shelving solutions, creating efficient storage solutions for retail environments. We have a diverse clientele spanning different geographies, industry verticals, and service offerings. Naman operates on a B2B (Business-to-Business) model and thus does not operate on dealership mode. Read more

Our company was originally incorporated and registered as a private limited company under Companies Act, 1956 in the name and style of ‘Naman In-Store (India) Private Limited’ vide certificate of incorporation dated 23rd July, 2010 bearing Corporate Identification Number ... U74140MH2010PTC205904 issued by the Registrar of Companies, Mumbai. Thereafter, our company was converted into a public limited company pursuant to a special resolution passed by our members at the Annual General Meeting held on September 30, 2023 and consequently the name of our company was changed to ‘Naman In-Store (India) Limited’ and a fresh certificate of incorporation was issued by Registrar of Companies, Mumbai dated October 25, 2023 bearing Corporate Identification Number U74140MH2010PLC205904.

India’s retail sector is experiencing robust growth driven by several factors. The retail landscape in India offers a wide array of choices, including global e-commerce platforms, single-brand shopping websites, multi-retail apps, and social media sellers. Furthermore, discretionary ... spending power is on the rise, with the average per capita income in India surpassing US$ 2000 and projected to exceed US$ 12,000 by 2047. India ranks among the best countries to invest in Retail space. Factors that make India so attractive include the second largest population in the world, a middle-income class of 158 million households, increasing urbanization, rising household incomes, connected rural consumers, and increasing consumer spending. FMCG, apparel & footwear, and consumer electronics are the largest retail segments, constituting 65%, 10%, and 9% respectively of the retail market. Read more