Naapbooks came out with an initial public offering of 5,39,200 equity shares of face value of Rs 10. The shares were priced at Rs 74 and the company raised Rs 3.99 crore. The company successfully completed its public issue on September 06, 2021.
Naapbooks is engaged in the business of developing and providing information technological solutions to corporations for their requirements. The company develops and provides fintech app, cloud consulting, block chain app, mobile app, web app, embedded app products to its clients.
The services broadly covers designing, developing, operating, installing, analyzing, designing, maintaining, converting, porting, debugging, coding and programming software to be used on computer or any microprocessor-based device or any other such hardware.
Ahmedabad-based GYR Capital Advisors Private Limited was the lead manager for Naapbooks Limited.
The 10 companies listed on BSE Startups Platform have raised Rs 34.62 crore from the market and total market capitalization of these companies as on September 14, 2021 is Rs 142.75 crore. BSE is the market leader in this segment with a market share of 100 percent.
