NAPS Global India Ltd. was established on March 28, 2014. The company is a wholesale importer of textiles, supplying cotton and man-made fabrics from China and Hong Kong to garment manufacturers in Maharashtra, India. It plays a key role in ensuring a timely supply of materials to vendors
| Bidding Dates |
|---|
| 04 Mar 2025 - 06 Mar 2025 |
| Subscription |
|---|
| 1.18x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,44,000 | 1 | 1 | 1600 | 1.3 M | ₹90 | 70.2 % | ₹118.8 M | RHP DOC |
NAPS Global IPO SUBSCRIPTION STATUS
06 Mar '25NAPS Global IPO overall subscription rate was 1.18 times the total available shares
NAPS Global IPO retail subscription rate was 1.51 times in the retail segment
NAPS Global IPO non-institutional investor subscription rate was 0.84 times in the non-institutional investor category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
06 Mar 2025 (Day 4) | 1.51x | 0.84x | - |
05 Mar 2025 (Day 3) | 0.73x | 0.16x | - |
05 Mar 2025 (Day 2) | 0.48x | 0.16x | - |
04 Mar 2025 (Day 1) | 0.3x | 0.13x | - |
NAPS Global FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from Operations (Rs in millions) | Cash Flow from Operations (Rs in millions) | Free Cash Flow (Rs in millions) | Margins |
| 9MFY25 | 15.3 | 524.4 | -44.4 | -44.6 | 4.0% |
| FY24 | 14.5 | 473.1 | -3.9 | -4.8 | 4.0% |
| FY23 | 2.7 | 258.9 | 4.0 | 3.7 | 2.1% |
| FY22 | 1.8 | 133.4 | 0.1 | 0.0 | 3.0% |
NAPS Global IPO SUBSCRIPTION STATUS DETAILS
NAPS Global had 1.3 M shares on offer
NAPS Global IPO offer price was ₹90
NAPS Global IPO minimum Investment was ₹144000
NAPS Global IPO issue size was ₹ 118.8 M
NAPS Global had a minimum lot size of 1600 Shares per application
NAPS Global NUMBER OF SHARES ON OFFER
NAPS Global IPO IMPORTANT DATES
| Issue Open Date | 04 Mar 2025 |
| Issue close Date | 06 Mar 2025 |
| Allotment Date | 07 Mar 2025 |
| Refund Date | 10 Mar 2025 |
| Demat Account Credit Date | 10 Mar 2025 |
| Listing Date | 11 Mar 2025 |
| Listing on Exchange(s) | BSE |
| NAPS Global Allotment Status | Exchange/ Registrar |
NAPS Global IPO subscription opened on 04 Mar 2025, and closed on 06 Mar 2025
IPO allotment for NAPS Global was finalized on Friday, 07 Mar 2025
IPO listing for NAPS Global was on BSE on Tuesday, 11 Mar 2025
NAPS Global IPO LISTING GAINS
| Issue Price (adjusted) | 90.0 |
| Listing Open Price | 108.0 |
| Listing Close Price | 102.6 |
| Listing Gain% | 20.0% |
| Current Gain% | -49.2% |
NAPS Global Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NAPS Global India Ltd. | 45.8 | 20.3 | 12.8 | 0.2 | 8.6 | 4.3 | 133.8 | 1.6 | 3.6 | ||||
| KPR Mill Ltd. | 1076.7 | 36803.1 | 42.5 | 6.7 | 5.5 | 15.2 | 12.7 | 6784.3 | 5 | 866.5 | 6.3 | 25.4 | 6.3 |
| Vardhman Textiles Ltd. | 606.8 | 17563.9 | 20.7 | -43.8 | 1.7 | 7.1 | 5.4 | 10092.5 | -0.3 | 745.2 | -15.6 | 29.3 | -0.5 |
| Welspun Living Ltd. | 164.1 | 15738.7 | 77 | -1.1 | 1.7 | 4.2 | 2 | 9467.9 | -11.5 | 204.4 | -68 | 2.1 | -68 |
| Arvind Ltd. | 560.6 | 15249.2 | 36.8 | 2.2 | 1.6 | 10.2 | 4.7 | 9359.5 | 11.5 | 413.9 | 17.1 | 15.2 | 17.1 |
| Trident Ltd. | 25.2 | 12831.6 | 32.5 | -3.5 | 1.9 | 7.9 | 5 | 6775.2 | -3.9 | 377.1 | 2 | 0.8 | -9.4 |
NAPS Global INFORMATION ON IPO ISSUE
About NAPS Global
NAPS Global India Ltd. was established on March 28, 2014. The company is a wholesale importer of textiles, supplying cotton and man-made fabrics from China and Hong Kong to garment manufacturers in Maharashtra, India. It plays a key role in ensuring a timely supply of materials to vendors
Object of the Issue
- Funding working capital requirement
- General corporate purposes
NAPS Global - PROMOTERS
| Name |
|---|
| Pankaj Jain |
| Ronak Mistry |
NAPS Global Lead Manager of the Issue
Aryaman Financial Services Limited
ipo@afsl.co.in
NAPS Global Registrar to the issue
Cameo Corporate Services Limited
priya@cameoindia.com
NAPS Global Strengths
Client relationship
The company maintains strong relationships with international suppliers, primarily in China and Hong Kong, to optimize procurement costs. A standardized purchasing system ensures flexibility, competitive pricing, and a steady supply of quality materials, minimizing disruptions and stockouts
Experienced promoters
The company is led by experienced Executive Directors and promoters who oversee daily operations. Chairman & Managing Director Pankaj Jain and Whole-time Director & CFO Ronak Mistry, each with over a decade of industry experience, have been key drivers of the company's growth
NAPS Global Risks
Management risks
A significant portion of the company's assets consists of trade receivables, inventories, short-term loans, cash, and other current assets. Ineffective management of these assets could negatively impact net sales, profitability, cash flow, and liquidity
Demand
The company's success relies on accurately forecasting customer demand and trends. Inaccurate estimates or delays in supply can lead to stock issues, late deliveries, or wrong products, potentially resulting in customer loss.
Indebtedness
The company's indebtedness poses risks that may impact its business and operations. Additionally, securing future financing for operations and working capital on favorable terms may be challenging
IPO FAQs
The promoters of the company are Pankaj Jain and Ronak Mistry.
The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
The price band of the IPO is Rs 90.0 - 90.0.
The IPO application opens on Mar 04, 2025 and closes on Mar 06, 2025.
The minimum lot size for the IPO is 1600. The maximum lot size for the IPO is 1600.
For all category investors, the minimum application amount for this IPO is Rs. 144,000.0, the maximum value for this IPO is Rs 144,000.0.
This IPO will be allotted on Mar 07, 2025.
The refund will be credited to your account on Mar 10, 2025.
The allotted shares will be credited to your demat on Mar 10, 2025.
NAPS Global India Ltd.’s shares listed on the stock exchanges on Mar 11, 2025.