The NAPS Global IPO opens for subscription on March 4, 2025, and remains available until March 6, 2025. This IPO consists of a fresh issue of 13.20 lakh equity shares, amounting to ₹11.88 crore, with no Offer for Sale (OFS) component.
The issue price is set at ₹90 per share, with a face value of ₹10 per share. Investors can bid for a minimum lot size of 1,600 shares, requiring an investment of ₹1,44,000. The IPO allocates 50% of the shares to retail investors, and the listing takes place on the BSE SME platform.
Financially, NAPS Global demonstrates consistent growth, with revenue rising from ₹13.34 crore in FY 2022 to ₹47.31 crore in FY 2024, while net profit increases from ₹0.18 crore to ₹1.45 crore during the same period.
The company’s EPS stands at 6.96 in FY 2024, with a PE ratio of 12.93 and an RONW of 38.15%. The IPO allotment finalizes on March 7, 2025, with refunds initiated and shares credited to demat accounts on March 10, 2025. The stock lists on the BSE SME platform on March 11, 2025.
Overview of Contents
About NAPS Global IPO
Founded on March 28, 2014, NAPS Global India Limited (NGIL) is a leading Public Limited Indian Non-Government Company based in Mumbai, Maharashtra. Initially incorporated as Naps Trading Private Limited, the company has been operating for over ten years and specializes in the manufacturing industry. NAPS Global is a wholesale importer of textile products, focusing on cotton and synthetic fabrics primarily sourced from China and Hong Kong. It operates on a business-to-business model, offering a diverse range of fabrics, including cotton, super-soft velvet, knitted, scuba suede, and linen, along with garments such as women’s tops, men’s shirts, t-shirts, kids’ wear, and jeans.
The company ensures efficient supply chain management and timely delivery, operating from a leased warehouse in Thane, Maharashtra. As of September 2024, NAPS Global has no outstanding borrowings. In FY 2024, the company reported sales of ₹44.08 crore in fabrics and ₹3.23 crore in garments. As per Ministry of Corporate Affairs (MCA) records, the company has an authorized capital of ₹4.75 crore and a paid-up capital of ₹3.11 crore. The company’s status remains active, with its Annual Returns and Financial Statements filed up to March 31, 2023.
The key managerial personnel at NAPS Global India Limited include Priyanka Marvania as Company Secretary and Ronak Mistry as CFO. The board of directors comprises Pankaj Jain, Ronak Mistry, Nikhil Malpani, and two other members. Recognized as a Government-approved export house, NAPS Global is committed to delivering high-quality home textile products, with a strong focus on craftsmanship, innovation, and customer satisfaction.
NAPS Global IPO Overview
| IPO Details | NAPS Global IPO |
|---|---|
| IPO Open Date | March 4, 2025 |
| IPO Close Date | March 6, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹90 per share |
| Total Issue Size | 13,20,000 shares (₹11.88 Cr) |
| Fresh Issue | 13,20,000 shares (₹11.88 Cr) |
| Offer for Sale (OFS) | NIL |
| Issue Type | Fixed Price Issue IPO |
| Market Maker Portion | - |
| Listing Exchange | BSE SME |
| Retail Quota | 50% |
| QIB Quota | - |
| NII Quota | - |
| Pre-Issue Shareholding | 31,10,000 shares |
| Post-Issue Shareholding | 44,30,000 shares |
NAPS Global IPO Prospectus
| DRHP | Click here |
| RHP | Click here |
NAPS Global IPO Market Lot Size
| Investor Category | Lots Applied | Total Shares | Investment Amount |
|---|---|---|---|
| Minimum for Retail Investors | 1 Lot | 1,600 Shares | ₹1,44,000 |
| Maximum for Retail Investors | 1 Lot | 1,600 Shares | ₹1,44,000 |
| Small HNI (HNI Minimum Investment) | 2 Lots | 3,200 Shares | ₹2,88,000 |
NAPS Global IPO Dates
| Event | Date |
|---|---|
| IPO Opening Date | Tuesday, March 4, 2025 |
| IPO Closing Date | Thursday, March 6, 2025 |
| UPI Mandate Deadline | 5 PM on March 6, 2025 |
| Basis of Allotment Finalization | Friday, March 7, 2025 |
| Refund Process Initiation | Monday, March 10, 2025 |
| Shares Credited to Demat | Monday, March 10, 2025 |
| Expected Listing Date | Tuesday, March 11, 2025 |
Objects of the Issue
- Funding Working Capital Requirement
- General Corporate Purpose
NAPS Global India IPO Reservation
| Investor Category | Percentage of Net Issue |
|---|---|
| Retail Investors | 50% |
| Other Investors | 50% |
NAPS Global India Limited – Financial Performance (₹ in Crore)
| Financial Metrics | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|
| Revenue | 47.88 | 26.01 | 13.48 |
| Profit After Tax (PAT) | 1.45 | 0.27 | 0.18 |
| Net Worth | 3.81 | 1.10 | 0.83 |
| Reserves & Surplus | 0.70 | 1.09 | 0.82 |
| Total Assets | 11.73 | 6.52 | 4.63 |
| Total Borrowing | - | - | 0.12 |
NAPS Global IPO Valuation – FY2024
| KPI | Values |
|---|---|
| ROE | 59.15% |
| ROCE | 47.47% |
| RoNW | 38.15% |
| PAT Margin | 3.07 |
NAPS Global IPO Review
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Peer Comparison
| Company Name | EPS (₹) | NAV per Share (₹) | RoNW (%) | P/E Ratio (x) |
|---|---|---|---|---|
| NAPS Global India Limited | 6.96 | 12.24 | 38.15 | - |
| Alstone Textiles (India) Ltd. | 0.03 | 0.69 | 4.71 | 27 |
| Soma Textiles & Industries Ltd. | 6.40 | 26.80 | 23.86 | 5.62 |
NAPS Global India IPO Registrar Details
📌 Registrar: Cameo Corporate Services Limited
📞 Contact: +91-44-28460390
📧 Email: investor@cameodina.com
🌐 Official Website: Cameo IPO Portal
NAPS Global India Limited – Contact Information
🏢 Company Name: NAPS Global India Limited
📍 Address: Office No. 11, 2nd Floor, 436 Shree Nath Bhuvan, Kalbadevi Road, Mumbai – 400002
📞 Phone: 022-49794323
📧 Email: napsglobalindia@gmail.com
🌐 Website: napsglobalindia.com
NAPS Global India IPO – Lead Manager
💼 Lead Manager: Aryaman Financial Services Limited
📊 Track Record: Managed multiple successful IPOs in the SME segment
NAPS Global India IPO FAQs
When does the NAPS Global India IPO open and close?
The NAPS Global India IPO opens for subscription on March 4, 2025, and closes on March 6, 2025.
What is the issue price of NAPS Global India IPO?
The IPO price is fixed at ₹90 per share, with a face value of ₹10 per share.
What is the lot size for NAPS Global India IPO?
Investors can apply for a minimum lot size of 1,600 shares, requiring an investment of ₹1,44,000.
Where will NAPS Global India IPO be listed?
The IPO will be listed on the BSE SME platform.
What is the total issue size of the IPO?
The IPO consists of a fresh issue of 13,20,000 shares, amounting to ₹11.88 crore. There is no Offer for Sale (OFS) component.
How is the share allocation distributed?
The IPO allocates 50% of the shares to retail investors, while the remaining 50% is allocated to other investors.
When will the allotment for NAPS Global India IPO be finalized?
The basis of allotment will be finalized on March 7, 2025.
When will refunds be processed?
Refunds will be initiated on March 10, 2025.
When will the shares be credited to the Demat account?
Shares will be credited to successful applicants’ Demat accounts on March 10, 2025.