NAPS Global India IPO: Price Band, Offer Size, GMP, Subscription Details And More
The grey market premium for NAPS Global India IPO stood at Rs 0 as of 8:54 a.m. on Mar. 4, according to InvestorGain.
NAPS Global India Ltd. launched its initial public offering on Tuesday, Mar. 4, joining the bandwagon of SME issues in 2025. The company, a wholesale importer of textiles, aims to mop up nearly Rs 12 crore from the investors in the primary market. Investors looking to bid in this BSE SME IPO must check out these key details before making a final call.
NAPS Global India IPO: Key Details
NAPS Global India IPO is an entirely fresh issue of 13.2 lakh shares offered at a fixed price of Rs 90 a piece. The total issue size is valued at Rs Rs 11.88 crore
The company has reserved 50% of the net issue for retail investors, whereas the remaining half is kept aside for other investor categories.
Retail investors can bid with a minimum lot size of 1600, requiring an investment of Rs 1,44,000.
The subscription window for the IPO will be open from Mar. 4 to Mar. 6. Allotment of shares is proposed to be finalised on March 7.
Credit of shares into the demat account of successful bidders and initiation of refunds for the non-allottees will be done on Mar. 10.
Shares of NAPS Global India Ltd. are proposed to be listed on the BSE SME platform on Mar. 11.
Aryaman Financial Services Ltd. is the book-running lead manager, and Cameo Corporate Services Ltd. is the registrar for NAPS Global India IPO. Aryaman Capital Markets Ltd is the market maker for this BSE SME IPO.
NAPS Global India IPO Subscription Status
NAPS Global India IPO was subscribed 0.23 times on Day 1.
Non-Institutional Investors: 0.14 times
Retail Investors: 0.23 times
NAPS Global India IPO GMP Today
The grey market premium for NAPS Global India IPO stood at Rs 0 as of 8:54 a.m. on Mar. 4, according to InvestorGain. It indicates a potential flat listing for the offer.
Note: GMP does not represent official data and is based on speculation.
NAPS Global India: Business And Financials
NAPS Global India Ltd. is an importer of textiles and manufactures fabrics such as cotton, super-soft velvet, knitted fabrics, men’s shirts, and wear. The company is a key player in Maharashtra’s garment manufacturing supply chain.
Use of Proceeds
The company will use proceeds from the IPO for funding working capital requirements and general corporate purposes.
Financials
NAPS Global India Ltd.’s profit after tax for FY24 stood at Rs 1.45 crore, a multifold increase from Rs 27 lakh in FY23. Revenues also saw a sharp increase, from Rs 26.01 crore in FY23 to Rs 47.88 crore in FY24. For the first nine months of FY25, its revenues stood at Rs 52.83 crore profit after tax stood at Rs 1.53 crore.
Disclaimer: Investments in initial public offerings are subject to market risks. Please consult with financial advisors and read the red herring prospectus thoroughly before placing bids.
