NAPS Global India Limited, incorporated in March 2014, is a Mumbai-based wholesale importer and supplier of textiles, specializing in fabrics and garments.
The company operates across India with a strong supplier network in China and Hong Kong, facilitating the procurement of high-quality fabrics for garment manufacturers. Its product portfolio includes cotton fabrics, super-soft velvet fabrics, knitted fabrics, linen fabrics, women’s tops, men’s shirts, T-shirts, and kids’ jeans.
Positioned as a key player in Maharashtra’s garment manufacturing supply chain, the company leverages a B2B model to deliver trendy designs and color combinations tailored to client needs. With over a decade of industry experience, NAPS Global has demonstrated consistent revenue growth and operational scalability.
IPO Related Details
NAPS Global India’s IPO is a fixed-price public issue aimed at raising ₹11.88 crores through the sale of 13.20 lakh fresh equity shares. Key details include:
- Issue Price: ₹90 per share (face value ₹10).
- Issue Type: 100% fresh issue; no offer-for-sale component.
- Listing: BSE SME platform.
- Market Lot: 1,600 shares, requiring a minimum investment of ₹1,44,000 for retail investors.
- Subscription Window: March 4–6, 2025.
- Lead Manager: Aryaman Financial Services Limited.
- Registrar: Cameo Corporate Services Limited.
IPO Timeline
| Event | Date |
|---|---|
| Subscription Opens | March 4, 2025 |
| Subscription Closes | March 6, 2025 |
| Allotment Finalization | March 7, 2025 |
| Refund Initiation | March 10, 2025 |
| Demat Account Credit | March 10, 2025 |
| Listing | March 11, 2025 |
IPO Promoter Details
The company is promoted by Mr. Pankaj Jain and Mr. Ronak Mistry, who collectively held a 100% pre-IPO stake. Post-IPO, their holding will dilute to 70.20%, aligning with SEBI’s public shareholding norms. Both promoters bring extensive experience in textile sourcing and supply chain management, driving the company’s strategic expansion.
IPO Lot Size and Reservation
| Investor Category | Reservation (%) | Shares Reserved |
|---|---|---|
| Retail Individual | 50% | 6,24,000 |
| Non-Institutional (HNI) | 50% | 6,24,000 |
Note: No quota is reserved for QIBs.
Company Financials (₹ in Crores)
| Metric | FY2022 | FY2023 | FY2024 | Dec-2024 (9M) |
|---|---|---|---|---|
| Revenue | 13.48 | 26.01 | 47.88 | 52.83 |
| Profit After Tax (PAT) | 0.18 | 0.27 | 1.45 | 1.53 |
| Total Assets | 4.63 | 6.52 | 11.73 | 15.94 |
| Net Worth | 0.83 | 1.10 | 3.81 | 5.34 |
Key Ratios:
- ROE (2024): 38.15%
- P/E Ratio: 12.93
- PAT Margin (2024): 3.07%
Balaji Phosphates IPO Date, Price, GMP, Review, Details
Objects of the Issue
- Working Capital Requirements: Funding day-to-day operations and inventory procurement.
- General Corporate Purposes: Enhancing operational infrastructure and technology adoption.
Upcoming Plans
- Strengthening supplier networks in Southeast Asia.
- Diversifying product lines to include eco-friendly fabrics.
- Expanding distribution channels pan-India.
Strengths and Risks
Strengths:
- Established supplier base in China/Hong Kong.
- Consistent revenue growth (CAGR of 88% from FY22–FY24).
- Niche focus on B2B textile solutions.
Risks:
- Dependency on imported raw materials.
- Competitive pressure from domestic manufacturers.
- Currency fluctuation risks impacting import costs.
Company Contact Details
- Registered Office: Office No. 11, 2nd Floor, 436 Shree Nath Bhuvan, Kalbadevi Road, Mumbai-400002.
- Phone: 022-49794323
- Email: napsglobalindia@gmail.com
- Website: https://napsglobalindia.com/
IPO Registrar Details
- Name: Cameo Corporate Services Limited
- Contact: +91-44-28460390
- Email: investor@cameoindia.com
- Website: https://ipo.cameoindia.com/
Official SEBI Links
| Document | Link |
|---|---|
| DRHP | BSE SME DRHP |
| RHP | RHP |
Frequently Asked Questions (FAQs)
- What is the IPO price and lot size?
The IPO is priced at ₹90 per share, with a minimum lot size of 1,600 shares (₹1,44,000). - When will the shares list?
Tentative listing date is March 11, 2025, on BSE SME. - How has the company’s financial performance been?
Revenue grew from ₹13.48 Cr in FY22 to ₹52.83 Cr (9M FY25), with PAT rising to ₹1.53 Cr. - Who are the promoters?
Mr. Pankaj Jain and Mr. Ronak Mistry, holding 70.20% post-IPO. - What are the risks?
Dependency on imports and competitive markets pose challenges.
Disclaimer
This article is for informational purposes only and does not constitute investment advice. Investors should consult financial advisors and review the RHP before investing. Past performance is not indicative of future results. IPO investments carry market risks; read all offer documents carefully.
