Naman Industries Proxima Limited
NNSE:NAMAN44.00
INR
-1.05
(-2.33%)
ISIN
INE0RJM01010
Return %
Stock
S&P 500
1Y
-45.75
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
INR
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in mil. unless spec.Working Capital
INR
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in mil. unless spec.Growth Rates
INR
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in mil. unless spec.Semi-annual Revenue
INR
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in mil. unless spec.Semi-annual Earnings Per Share
INR
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in mil. unless spec.Semi-annual Dividends Per Share
INR
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in mil. unless spec.Company Description
- CEO
- Raju Mathuradas Paleja
- Full Time Employees
- 145
- Sector
- Producer manufacturing
- Industry
- Office equipment/Supplies
- Address
- Survey No. 43/1, Village Bhoidapada, Sativali Road, Vasai East Vasai India 401208
- IPO Date
- Apr 2, 2024
- Website
- nipl.co
- Similar Companies
- Business
- Naman In-Store (India) Limited is a provider of customized retail fixtures, display solutions and modular furniture serving retail and industrial sectors on a B2B basis. The company manufactures and supplies core products and services including modular office furniture such as partition systems, workstations, executive chairs, wardrobes and storage racks; customized in-store fixtures in wood, metal, plastic and acrylic encompassing kiosks, full shops, countertop units (CTU), countertop display units (CDU), point-of-sale merchandising (POSM), back wall units and shop-in-shop displays; supermarket shelving solutions; low-housing kitchen furniture; beauty salon fixtures; educational institution furniture; industrial products such as electrical control panels, petroleum kiosks, HVAC steel bodies, battery racks, UPS cabinets and server racks; fabrication services in wood, metal and acrylic; digital printing; and turnkey project execution including design, production, installation and after-sales support. It operates manufacturing facilities in Vasai, Maharashtra, with additional warehouses in Kaman, Maharashtra, and Bengaluru, delivering pan-India services to approximately 32 retail customers including franchises of brands like Samsung, Lakme and Reliance, and 4 industrial clients, while expanding into exports to the USA. Founded in 2010 and headquartered at NIPL House, Kantharia Industrial Estate, Vasai, Maharashtra, the company targets fashion, apparel, footwear, beauty, electronics retailers, supermarkets, offices, educational institutions and industrial manufacturers. In recent developments, Naman In-Store listed on the NSE SME platform via an IPO in March-April 2024, raising funds primarily for acquiring leasehold land at Butibori, MIDC, Nagpur, relocating manufacturing facilities and constructing a new factory building to support capacity expansion. In October 2025, the board approved a proposed name change to Naman Industries Proxima Limited, amendments to its Memorandum of Association to add objects in furniture, interiors and electrical equipment, and a new loan facility of INR 42.30 crore from Kotak Mahindra Bank. The company has pursued strategic diversification into B2C markets, jewelry retail fixtures and export growth, alongside robust revenue expansion from INR 13 crore in FY21 to INR 156 crore in FY25 with a return to profitability at INR 6 crore net profit.