NAPS Global India IPO listing: NAPS Global India made a strong debut on the BSE SME today, opening at ₹108—20% higher than its issue price of ₹90. The company’s IPO was open for subscription from Tuesday, March 4, to Thursday, March 6, with a price band set at ₹90 per equity share, each having a face value of ₹10.
NAPS Global India IPO was a fixed-price issue of ₹11.88 crore, consisting entirely of a fresh issue of 1.32 million shares. The lot size was 1,600 shares, requiring a minimum investment of ₹1,44,000 for retail investors. High Net-Worth Individuals (HNIs) needed a minimum investment of ₹2,88,000 for at least two lots, or 3,200 shares.
| Listing Date | 04 Mar |
| Issue Price | ₹90 |
| Listing Price | ₹108 |
| Listing Gains | 20% |
NAPS Global India IPO Overall Subscription
The NAPS Global IPO was subscribed 1.19 times overall. Retail Individual Investors (RII) subscribed 1.6 times, while Non-Institutional Investors (NII) subscribed 0.78 times.
| Retail | 1.6 x |
| Non-Institutional investors | 0.78 x |
| Total | 1.19 x |
Company Financial Report
The company reported revenue of ₹11.73 crores in 2024 against ₹6.52 crore in 2023. The company reported profit of ₹1.45 crores in 2024 against Profit of ₹0.27 crores in 2023.
About NAPS Global India Company
Incorporated in March 2014, NAPS Global India is a wholesale importer of textiles, focusing on cotton, super-soft velvet, knitted, man-made, and linen fabrics. As a major player in Maharashtra’s garment supply chain, the company dominates with $1,859 million in imports of man-made textiles in FY 2024-25. Operating from Mumbai, NAPS Global uses a business-to-business model to supply diverse fabrics and garments, leveraging an asset-light strategy to enhance profitability and prepare for a public listing.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investors are requested to verify facts themselves and seek advice from a financial advisor before making any investment decision.
