Friday, Sep 17 2021 | Time 16:00 Hrs(IST)
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Business Economy


Naapbooks Ltd 11th company to get listed on BSE Startups Platform

Mumbai, Sep 15 (UNI) Naapbooks Limited on Wednesday became the 11th company to get listed on the BSE Startup Platform.
Naapbooks Limited came out with an initial public offering of 5,39,200 Equity Shares of Rs ten Each (“Equity Shares”) for cash at a price Of Rs 74 per equity share (The “Offer Price”), aggregating to Rs.3.99 crore. The company had successfully completed its public issue on September 6, 2021.
Naapbooks Limited is a Gujarat based company whose registered office is at Ahmedabad. Company 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 ten 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 142.75 crore. BSE is the market leader in this segment with a market share of 100 percent.
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