The data has been compiled from various sources and might have small difference but overall theme is to subscribe or not — we will focus on that

NaapBooks Limited IPO– SME company, Naapbooks is engaged in developing and providing Information Technological solutions to corporates. 

Business —

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.

Offer purpose —  The IPO is for Funding the working capital requirements of the company, Funding purchases of equipment and Meet general corporate purposes.

Risks —

SME company and minimum lot size > 1 lac

Very less information available on business and management

Strength

Strict adherence to quality compliance standards.

Big demand for IT and automation in India post covid.

Strong customer relationship and repetitive clients.

Future

The company is showing good growth and profitable.

Valuations

Very small company and hence valuations could not be easily made out

Should we apply?

People with big risk apetite can subscribe for long term only

Others avoid

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