NAPS Global India IPO: Key details as fresh issue of ₹12 crores opens for bidding

The Initial Public Offering (IPO) of NAPS Global India Limited is now open for public subscription from March 4, 2025 to March 6, 2025. The textile importing company is offering a fresh issue of 13.20 lakh equity shares, aggregating to ₹11.88 crores.

Key details of NAPS Global India IPO

Before making an investment, potential investors should carefully review the key details and financial prospects of the company.

1. Offer structure and reservations

The IPO includes a new issuance of 13.20 lakh equity shares. Half of the net issue is set aside for retail investors, with the other half designated for different categories of investors.

2. Objective of the IPO

The proceeds from the IPO will be allocated to working capital requirements, ensuring business expansion and operational efficiency.

3. Book-running lead manager and registrar

The IPO's book-running lead manager is Aryaman Financial Services Limited, while Cameo Corporate Services Limited serves as the registrar. Investors can apply for the IPO online by using the designated registered channels.

4. IPO allotment and listing dates

The allotment of shares is expected to be finalised on March 7, 2025. NAPS Global India shares will be listed on the BSE SME platform on March 11, 2025.

5. Promoter holding

Before the IPO, promoters Pankaj Jain and Ronak Mistry hold a 100% stake in the company. Post-issue, their holding will be reduced to 70.2%.

Financial performance of NAPS Global India

The company has demonstrated significant growth in its financials. In FY24, net revenue surged by 434.48% to ₹1.45 crores, compared to ₹27 lakh in the previous fiscal year. Revenue from operations grew by 82.7% to ₹47.31 crores in FY24, compared to ₹25.89 crores in FY23. In the first nine months of FY25, revenue stood at ₹52.44 crores, while net profit reached ₹1.53 crores.

Future outlook

The NAPS Global India IPO offers investors an opportunity to participate in the growth of a textile importing company with a strong financial performance. Those looking to apply for an IPO online should review the offer structure, investment requirements, and the company's business model before making a decision.

Retail investors can place bids for a minimum lot size of 1,600 shares, amounting to ₹1,44,000. High Net-Worth Individuals (HNIs) need to bid for at least two lots, requiring an investment of ₹2,88,000.