Naapbooks touches roof on incorporating subsidiary company
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Naapbooks is currently trading at upper limit of Rs. 78.26, up by 3.72 points or 4.99% from its previous closing of Rs. 74.54 on the BSE.
The scrip opened at Rs. 78.26 and has touched a high and low of Rs. 78.26 and Rs. 78.26 respectively. So far 1600 shares were traded on the counter.
The BSE group 'MS' stock of face value Rs. 10 has touched a 52 week high of Rs. 92.00 on 14-Feb-2023 and a 52 week low of Rs. 48.10 on 23-May 2022.
Last one week high and low of the scrip stood at Rs. 78.26 and Rs. 72.25 respectively. The current market cap of the company is Rs. 23.53 crore.
The promoters holding in the company stood at 63.10%, while Institutions and Non-Institutions held 1.72% and 35.18% respectively.
Naapbooks has incorporated subsidiary company namely Cafe Blockchain by way of subscription of 7,500 (i.e. 75% holding) equity shares having face value of Rs 10 each in the paid-up share capital of the Subsidiary Company. Cafe Blockchain incorporated to carry out business of Software installation, Other information technology and computer service activities n.e.c, Providing software support and maintenance to the clients. The subsidiary company will leverage the growth opportunities in the evolving mobility space by carrying the business of IT, ITeS & Data Processing Services related to cafe & Restaurant.
The company is engaged in developing and providing Information Technological solutions to corporates. The company develops Fintech App, Cloud Consulting, Blockchain App, Mobile App, Web App, Embedded App products to its clients.
