NAPS Global India Limited IPO (NAPS Global India IPO) Detail
NAPS Global India IPO is a fixed price issue of Rs 11.88 crores. The issue is entirely a fresh issue of 13.20 lakh shares.
NAPS Global India IPO opens for subscription on March 4, 2025 and closes on March 6, 2025. The allotment for the NAPS Global India IPO is expected to be finalized on Friday, March 7, 2025. NAPS Global India IPO will be list on BSE SME with a tentative listing date fixed as Tuesday, March 11, 2025.
NAPS Global India IPO price is ₹90 per share. The minimum lot size for an application is 1600. The minimum amount of investment required by retail investors is ₹1,44,000.The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹2,88,000.
Aryaman Financial Services Limited is the book-running lead manager of the NAPS Global India IPO, while Cameo Corporate Services Limited is the registrar for the issue.The market maker for NAPS Global India IPO is Aryaman Capital Markets Limited.
Refer to NAPS Global India IPO RHP for detailed information.
NAPS Global India IPO Details
| IPO Date | March 4, 2025 to March 6, 2025 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price | ₹90 per share |
| Lot Size | 1,600 Shares |
| Total Issue Size | 13,20,000 shares (aggregating up to ₹11.88 Cr) |
| Fresh Issue | 13,20,000 shares (aggregating up to ₹11.88 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 31,10,000 shares |
| Share Holding Post Issue | 44,30,000 shares |
| Market Maker Portion | 72,000 shares Aryaman Capital Markets Limited |
NAPS Global India IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Retail Shares Offered | 50% of the Net Issue |
| Other Shares Offered | 50% of the Net Issue |
NAPS Global India IPO Timeline (Tentative Schedule)
NAPS Global India IPO opens on March 4, 2025, and closes on March 6, 2025.
| IPO Open Date | Tue, Mar 4, 2025 |
| IPO Close Date | Thu, Mar 6, 2025 |
| Tentative Allotment | Fri, Mar 7, 2025 |
| Initiation of Refunds | Mon, Mar 10, 2025 |
| Credit of Shares to Demat | Mon, Mar 10, 2025 |
| Tentative Listing Date | Tue, Mar 11, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on March 6, 2025 |
NAPS Global India IPO Lot Size
Investors can bid for a minimum of 1600 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹1,44,000 |
| Retail (Max) | 1 | 1600 | ₹1,44,000 |
| HNI (Min) | 2 | 3,200 | ₹2,88,000 |
| Lot Size Calculator | |||
NAPS Global India IPO Promoter Holding
| Share Holding Pre Issue | 100.00% |
| Share Holding Post Issue | 70.20% |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue
About NAPS Global India Limited
Incorporated in March 2014, NAPS Global India Limited is a wholesale importer of textiles and a key player in Maharashtra’s garment manufacturing supply chain.
The company’s products in Fabrics and garments include the following
- Cotton Fabrics
- Super-soft Velvet Fabrics,
- Knitted Fabrics
- Man-made
- Linen Fabrics
- Women Tops
- Men Shirts & T-Shirts
- Kids Wear Jeans
The company has pan-India operations with an established supplier network in China and Hong Kong.
The company procures and supplies fabrics to garment manufacturers in India, leveraging a strong supplier network in China and Hong Kong. It understands customer needs and offers trendy designs and colour combinations, primarily in a business-to-business model.
As of August 31, 2024 the company had 10 employees on its payroll.
Competitive Strength
- Healthy Financial Performance
- Long standing relation with suppliers.
- Experienced Promoters and Directors.
Company Financials
NAPS Global India Limited Financial Information (Restated Consolidated)
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 15.94 | 11.73 | 6.52 | 4.63 |
| Revenue | 52.83 | 47.88 | 26.01 | 13.48 |
| Profit After Tax | 1.53 | 1.45 | 0.27 | 0.18 |
| Net Worth | 5.34 | 3.81 | 1.1 | 0.83 |
| Reserves and Surplus | 2.23 | 0.7 | 1.09 | 0.82 |
| Total Borrowing | 1.68 | 0.12 | 0.22 | |
| Amount in ₹ Crore | ||||
Key Performance Indicator (KPI)
The market capitalization of NAPS Global India IPO is Rs 39.87 Cr.
KPI as of Sun, Mar 31, 2024.
| KPI | Values |
|---|---|
| ROE | 59.15% |
| ROCE | 47.47% |
| RoNW | 38.15% |
| PAT Margin | 3.07 |
| Price to Book Value | 7.35 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 4.67 | 4.62 |
| P/E (x) | 19.27 | 19.49 |
- The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2024 that is available in RHP.
- The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of December 31, 2024 that is available in RHP.
Objects of the Issue (NAPS Global India IPO Objectives)
The Company proposes to utilize the Net Proceeds from Issue towards funding the following objects:
- Funding Working Capital Requirement
- General Corporate Purpose
NAPS Global India IPO Review (Avoid)
[Dilip Davda] NGIL imports its textile products from China and Hong Kong and supplies it to its Indian customers. It primarily deals in cotton and man-made fabrics on a B2B model. It posted steady growth in its top lines for the reported periods. The sudden jump in bottom lines from FY24 onwards raises eyebrows and concern over its sustainability. It is operating in a highly competitive and fragmented segment. Small paid-up equity capital post-IPO indicates longer gestation for migration. There is no harm in skipping this pricey and “High Risk/Low Return” bet. Read detail review…
Sorry, we couldn’t find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.
NAPS Global India IPO Prospectus
NAPS Global India Limited Contact Details
NAPS Global India Limited
Office No. 11, 2nd Floor
436 Shree Nath Bhuvan, Kalbadevi Road
Mumbai City, Mumbai,-400002
Phone: 022-49794323
Email: napsglobalindia@gmail.com
Website: https://napsglobalindia.com/
NAPS Global India IPO Registrar
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: investor@cameodina.com
Website: https://ipo.cameoindia.com/
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