NAPS Global India IPO Details

Fixed Price IPO | ₹12 Cr | Listed at BSE SME | Tue, Mar 4, 2025 - Thu, Mar 6, 2025

NAPS Global IPO Logo

NAPS Global IPO is a fixed price issue of ₹11.88 crores. The issue is entirely a fresh issue of 0.13 crore shares of ₹11.88 crore.

NAPS Global IPO bidding started from Mar 4, 2025 and ended on Mar 6, 2025. The allotment for NAPS Global IPO was finalized on Mar 7, 2025. The shares got listed on BSE SME on Mar 11, 2025.

NAPS Global IPO price is ₹90 per share. The lot size for an application is 1,600. The minimum amount of investment required by an individual investor (retail) is ₹1,44,000 (1600 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (3,200 shares), amounting to ₹2,88,000.

Aryaman Financial Services Ltd. is the book running lead manager and Cameo Corporate Services Ltd. is the registrar of the issue. The Market Maker of the company is Aryaman Capital Markets Ltd..

Refer to NAPS Global IPO RHP for detailed Information.

IPO Open

Tue, Mar 4, 2025

IPO Close

Thu, Mar 6, 2025

Issue Price

₹90 per share

Market Cap (Pre-IPO)

₹39.87 Cr

IPO Details

IPO Date4 to 6 Mar, 2025
Listed onTue, Mar 11, 2025
Face Value10 per share
Issue Price₹90 per share
Lot Size1,600 Shares
Sale TypeFresh capital only
Issue TypeFixed Price IPO
Listing AtBSE SME

Total Issue Size13,20,000 shares
(agg. up to ₹12 Cr)
Reserved for Market Maker
72,000 shares
(agg. up to ₹0.6480 Cr)
Aryaman Capital Markets Ltd.
Fresh Issue
(Ex Market Maker)
12,48,000 shares
(agg. up to ₹11 Cr)
Net Offered to Public12,48,000 shares
(agg. up to ₹11 Cr)
Share Holding Pre Issue31,10,000 shares
Share Holding Post Issue44,30,000 shares
BSE Script Code 544373
ISININE0VNH01014

IPO Timetable

Issue Reservation

NAPS Global IPO comprises a total issue size of 13,20,000 shares. The net offer to the public is 12,48,000 shares, after excluding 72,000 shares allotted on a firm basis. Of the Net offer 4,19,200 (33.59%) allocated to NII 8,28,800 (66.41%) allocated to RII.

Investor Category Shares Offered % of Net Issue% of Total Issue
NII (HNI) Shares Offered 4,19,20033.59%31.76%
Retail Shares Offered 8,28,80066.41%62.79%
Firm Reservations
Market Maker Shares Offered 72,0005.45%
Total Shares Offered 13,20,000100.00%100.00%

IPO Lot Size

Investors can bid for a minimum of 1,600 shares and in multiples thereof. 

Application Lots Shares Amount
Retail (Min) 1 1,600 ₹1,44,000
Retail (Max) 1 1,600 ₹1,44,000
HNI (Min) 2 3,200 ₹2,88,000
IPO Subscription Details

About NAPS Global India Ltd.

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 (Restated Consolidated)

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets15.9411.736.524.63
Total Income52.8347.8826.0113.48
Profit After Tax1.531.450.270.18
NET Worth5.343.811.100.83
Reserves and Surplus2.230.701.090.82
Total Borrowing1.680.120.22
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Funding Working Capital Requirement 9.19
2 General Corporate Purpose 1.69

Key Performance Indicator (KPI)

Pre IPOPost IPO
EPS (₹)4.674.62
P/E (x)19.2719.49
Promoter Holding100%70.2%
Market Cap39.87 Cr.
The promoters of the company are Pankaj Jain and Ronak Mistry.
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
  • 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 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of December 31, 2024 available in RHP.

IPO Review

[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...

NAPS Global IPO Recommendations

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NAPS Global India IPO Subscription Status (Bidding Detail)

The NAPS Global India IPO is subscribed 1.19 times on March 6, 2025 6:19:49 PM (Day 3). The public issue subscribed 1.6 times in the retail category, [.] times in the QIB category, and 0.78 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)Shares OfferedShares bid forTotal Application
NII*0.786,24,0004,84,8000
Retail1.66,24,0009,96,8000
Total1.1912,48,00114,81,600810

Total Application : 810

*Market Maker portion is not included to NII/HNI.

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 Issue Management fees including fees and payment to other intermediaries such as Legal Advisors, Registrars and other out of pocket expenses. 0.55
2 Brokerage and selling commission 0.24
3 Printing & Stationery, Advertisement and Marketing Expenses Distribution, Postage, etc. 0.08
4 Stock Exchange Fees, Regulatory and other Expenses 0.14

Listing Day Trading Information

Price DetailsBSE SME
Final Issue Price90.00
Open108.00
Low102.60
High108.00
Last Trade102.60

Check IPO Performance…

IPO Registrar

Cameo Corporate Services Ltd.

Contact Details

NAPS Global India Ltd. Address
Office No. 11, 2nd Floor
436 Shree Nath Bhuvan, Kalbadevi Road
Mumbai City
Mumbai, Maharashtra, 400002
Open an Instant Account with Zerodha

IPO FAQs

NAPS Global IPO is a SME IPO of 13,20,000 equity shares of the face value of ₹10 aggregating up to ₹12 Crores. The issue is priced at ₹90 per share. The minimum order quantity is 1600.

The IPO opens on Tue, Mar 4, 2025, and closes on Thu, Mar 6, 2025.

Cameo Corporate Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Zerodha customers can apply online in NAPS Global IPO using UPI as a payment gateway. Zerodha customers can apply in NAPS Global IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in NAPS Global IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'NAPS Global IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The NAPS Global IPO opens on Tue, Mar 4, 2025 and closes on Thu, Mar 6, 2025.

NAPS Global IPO lot size is 1600, and the minimum amount required for application is ₹1,44,000.

You can apply in NAPS Global IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for NAPS Global IPO will be done on Friday, March 7, 2025, and the allotted shares will be credited to your demat account by Mon, Mar 10, 2025. Check the NAPS Global IPO allotment status.

The NAPS Global IPO listing date is on Tue, Mar 11, 2025.

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