IPO
Accounting solutions startup Naapbooks' IPO opens on BSE-SME platform
Ahmedabad-headquartered, cloud-based accounting and business process solutions startup Naapbooks's IPO opens for subscription on Wednesday and closes on September 6 at a price band of INR 71-74. The company is looking to raise INR 3.99 crore and list its equity shares on the BSE SME platform. Naapbook has been incubated at the Centre for Advancing and Launching Enterprises (CrAdLE) under the Entrepreneurship Development Institute of India (EDII), Ahmedabad. It is the first to be listed from the CrAdLE's basket of incubatees. The promoters are diluting a 29.07% stake in the company.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
