The year 2024 was a buzz for investors. This year, about 90 companies entered the market through IPO. It seems that the year 2025 is also likely to be a busy one for investors. It has been started by Nailsoft Limited. Nailsoft Limited has filed the Draft Red Herring Prospectus (DRHP) for its IPO with SEBI.

The company is an engineering services and solutions (ER&D) company backed by Tokyo-based Fujita Corporation. The company aims to raise funds through fresh issue of shares up to ₹100 crore and through sale of shares (OFS) up to ₹80 lakh. Shares will be sold by promoters and other shareholders in the OFS tranche in Nailsoft IPO.

These parts are as follows:

• 11,45,384 shares by Rupa Shah and Harish Kumar Shah
• 12,55,784 shares by Net Sofi Private Limited
• 1,47,764 shares by Nishit Shah and Rupa Shah
• 41,376 shares by Harish Kumar Shah and Rupa Shah
• 24,40,884 shares by Small Industries Development Bank of India (SIDBI)
• 18,54,808 shares by Sicom Limited

company accounts

The proceeds from the fresh issued shares will be used for capital expenditure of ₹69.63 crore and for general corporate purposes. 75% stake in Nailsoft IPO will be allotted to institutional buyers (QIBs). At the same time, at least 15% shares will be allotted to non-institutional investors (NII) and 10% to retail investors. Nailsoft was established in 1991. It started its services in 1992.

This company provides customized engineering services. In the financial year 2023-24, the company's income increased from ₹ 291.03 crore to ₹ 325.85 crore. Its profit after tax (PAT) increased from ₹46.64 crore to ₹57.85 crore in 2023-24. The company's revenue in the first quarter of 2024 was ₹88.24 crore. Profit after tax was ₹14.09 crore.