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NAPS Global India IPO

Listed SME BSE SME

Price Band

₹

Issue Size

₹11.88 Cr

Lot Size

1,600 shares

Min Investment

₹144,000

GMP

Grey Market Premium — the unofficial premium buyers are currently willing to pay over the issue price once this IPO lists. It's an informal market estimate, not guaranteed, and can move daily right up to listing day. Learn more: GMP vs Kostak vs Sauda →

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Issue Price

₹90.0

NAPS Global India IPO AI Summary

  • NAPS Global India IPO is listed on BSE SME.
  • Subscription window: 04 Mar–06 Mar 2025, listing on 11 Mar 2025.

TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.

NAPS Global India IPO — Third-Party Research Views

Reviews below reflect analyst calls made before this IPO closed on 06 Mar 2025 — not a current signal.

Avoid 25 Jul

Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.

Important Dates

IPO Open Date
Tue, 04 Mar 2025
IPO Close Date
Thu, 06 Mar 2025
Allotment Date
Fri, 07 Mar 2025
Refund Initiation
Mon, 10 Mar 2025
Credit of Shares
Mon, 10 Mar 2025
Listing Date
Tue, 11 Mar 2025
Listing Price
₹90.0 +0.0%

Subscription Status

Subscription data unavailable

NAPS Global India IPO Grey Market Premium (GMP) Today

GMP not available yet

Grey Market Premium is updated daily. Check back closer to the listing date.

About the Company

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 (₹ Cr)

As of 2024-12-31

Period Ended 31 Dec 2024 31 Mar 2024 31 Mar 2023 31 Mar 2022
Assets 15.94 11.73 6.52 4.63
Total Income 52.83 47.88 26.01 13.48
Profit After Tax 1.53 1.45 0.27 0.18
NET Worth 5.34 3.81 1.10 0.83
Reserves and Surplus 2.23 0.70 1.09 0.82
Total Borrowing 1.68 0.12 0.22

Key Ratios

EPS

₹4.67

NAV

₹12.24

ROE

59.15%

ROCE

47.47%

RoNW

38.15%

P/B Value

7.35

P/E Ratio

19.27

Market Cap

₹39.87 Cr

PAT Margin

3.07%

Peer Comparison

Company NAV RoNW P/E (x) EPS Basic EPS Diluted
Soma Textiles & Industries Ltd. 26.8 23.86% 6.27 6.4 6.4
Alstone Textiles (india) Ltd 1.2 2.73% 22.67 0.03 0.03
NAPS Global India Limited This IPO 12.24 38.15% 12.93 6.96 6.96

Promoters

Pankaj Jain and Ronak Mistry

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 requirements of the Company 9.19 2 General Corporate Purposes 1.69 3 Issue Expenses 1.01 Total 11.89

IPO Evaluation

Generated 23 Sep 2026

Revenue Trend

Revenue was ₹13.48 Cr in the year ending 31 Mar 2022, rising to ₹26.01 Cr by 31 Mar 2023, and further increasing to ₹47.88 Cr by 31 Mar 2024. By the most recent period ending 31 Dec 2024, revenue reached ₹52.83 Cr.

Profit Trend

Profit After Tax was ₹0.18 Cr in the year ending 31 Mar 2022, increasing to ₹0.27 Cr by 31 Mar 2023. This rose to ₹1.45 Cr by 31 Mar 2024, and further to ₹1.53 Cr in the most recent period ending 31 Dec 2024.

Valuation

NAPS Global India Limited has an implied P/E of 12.93 at the issue price, compared to peers trading at P/E ratios ranging from 6.27 to 22.67.

Grey Market Premium, Explained

The grey market refers to the unofficial market where shares are traded before they are listed on the stock exchange. The Grey Market Premium (GMP) indicates the expected listing price of an IPO compared to its issue price. A positive GMP suggests that the shares may list at a higher price, while a negative GMP indicates the opposite.

Who This IPO Suits

Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment goals and risk tolerance, considering factors such as the company's financial health and market conditions.

Who May Want to Wait

Investors who prefer stable returns and are risk-averse might consider avoiding IPOs in sectors with high volatility or uncertainty.

Listing Gains — The Risk

Listing gains refer to the potential profit made when shares are sold on the listing day at a price higher than the issue price. However, these gains are not guaranteed, and the stock may experience price fluctuations based on market conditions and investor sentiment.

This evaluation is generated from NAPS Global India's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.

Frequently Asked Questions

When does NAPS Global India IPO open and close?

NAPS Global India IPO opens on 04 March 2025 and closes on 06 March 2025.

When does NAPS Global India IPO list on the stock exchange?

NAPS Global India IPO listed on 11 March 2025 at ₹90.0.

What is the lot size for NAPS Global India IPO?

The lot size for NAPS Global India IPO is 1600 shares, requiring a minimum investment of ₹144,000.

What is the issue price of NAPS Global India Limited?

The issue price is ₹90.0.

What is the minimum investment required?

The minimum investment required is ₹144,000.

What is the lot size for this IPO?

The lot size is 1600 shares.

When is the listing date for NAPS Global India Limited?

The listing date is 11 March 2025.

What does GMP mean?

GMP stands for Grey Market Premium, which indicates the expected listing price of an IPO compared to its issue price.

Issue Details

Issue Type SME Book Built
Issue Size ₹11.88 Cr
Price Band ₹ (Fixed)
Issue Price ₹90.0
Lot Size 1,600 shares
Min Investment ₹144,000
Exchange BSE SME
Sector —
Open Date 04 Mar 2025
Close Date 06 Mar 2025
Allotment 07 Mar 2025
Listing Date 11 Mar 2025

Investor Allocation

QIB (Institutional) 50%
NII / HNI 15%
Retail (RII) 35%

Registrar

Cameo Corporate Services Ltd.

Lead Managers / Book Running

Aryaman Financial Services Ltd.

IPO Timeline

Open

04 Mar 2025

Close

06 Mar 2025

Allotment

07 Mar 2025

Listing

11 Mar 2025

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