NAPS Global India IPO: 10 key points to consider as ₹12 crore offer opens for subscription

NAPS Global India IPO: Textile importer NAPS Global India's initial public offer (IPO) opened for public subscription on Tuesday, March 4. The issue price is fixed at ₹90 per share, and the company's shares will debut on March 11.

NAPS Global India IPO: 10 key points to know

• NAPS Global India IPO subscription period: The initial share sale will be live from March 4 to March 6.
• IPO offer structure: It is a fresh issue of 13.20 lakh equity shares, aggregating to ₹11.88 crore.
• NAPS Global India IPO price band: It is a fixed price issue at ₹90 per equity share.
• Reservation: The company has reserved 50% of the net issue for the retail investors and the remaining 50% for other categories.
• NAPS Global India IPO lot size: Retail investors can place bids for at least 1,600 shares worth ₹1,44,000.
• Objectives: The proceeds from the IPO will be used for corporate general purposes and working capital requirements.
• Book-running lead manager and registrar: Aryaman Financial Services Ltd is the offer's book-running lead manager, while Cameo Corporate Services Ltd is the registrar.
• NAPS Global India IPO allotment date: The basis of allotment will be finalised on March 7.
• Listing date: The listing on the BSE SME platform will occur on March 11.
• Promoter holding: Promoters Pankaj Jain and Ronak Mistry currently hold a 100% stake in the company, which will be reduced to 70.2% post issue.

The company posted a 434.48% jump in its net revenue to ₹1.45 crore in the financial year 2023-24, as against ₹27 lakh in the last fiscal year.

Revenue from operations increased 82.7% to ₹47.31 crore in the fiscal 2024 as against ₹25.89 crore in FY23.

Revenue and net profit for the first nine months of FY25 were ₹52.44 crore and ₹1.53 crore, respectively.