​NAPS Global India Limited, a Mumbai-based company specializing in the wholesale import of textile products, is launching its Initial Public Offering (IPO) to raise ₹11.88 crore. The IPO is scheduled to open on March 4, 2025, and close on March 6, 2025. This article provides a comprehensive overview of the company’s IPO, including its business profile, financials, strengths, risks, and other pertinent details.​

Company Overview

Established in 2014, NAPS Global India Limited operates primarily in the garment manufacturing supply chain within Maharashtra, India. The company imports cotton and man-made fabrics in bulk from manufacturers in China and Hong Kong, supplying these materials to vendors of garment manufacturing companies across the region. Operating on an asset-light model, NAPS Global India focuses on bulk procurement and timely supply, leveraging its registered office in Mumbai and a warehouse in Bhiwandi, Thane. ​

IPO Details

• Issue Size: The IPO comprises 13,20,000 equity shares at a price of ₹90 per share, aggregating to ₹11.88 crore. ​

• Price Band: The shares are priced at ₹90 per equity share.

• Lot Size: Investors can bid for a minimum of 1,600 equity shares, amounting to a minimum investment of ₹1,44,000. ​

• Key Dates:

  • IPO Opening Date: March 4, 2025​
  • IPO Closing Date: March 6, 2025​
  • Allotment Date: March 7, 2025​
  • Listing Date: March 11, 2025​

Financials

NAPS Global India Limited has demonstrated consistent financial growth over the past few years:​

Note: Figures are approximate and sourced from the company’s financial statements. ​

Strengths

• Established Import Network: The company has a robust procurement network in China and Hong Kong, ensuring a steady supply of quality fabrics.

• Diverse Product Portfolio: Offering a wide range of fabrics caters to various manufacturers’ needs, enhancing market reach.​

• Asset-Light Business Model: This approach reduces operational costs and increases profitability.​

• Experienced Management: A decade-long presence in India’s textile industry reflects strong industry knowledge and relationships.​

Risks

• Dependence on Imports: Heavy reliance on foreign suppliers makes the company vulnerable to international market fluctuations.​

• Concentrated Vendor Base: A limited number of vendors could pose supply chain risks.​

• Competitive Industry: The textile sector’s competitiveness may impact market share and margins.​

• Regulatory Changes: Alterations in import tariffs and trade policies could affect operations.​

• Foreign Exchange Exposure: Currency fluctuations can impact profitability.​

IPO Anchor Investors Details

As of the latest available information, specific details regarding anchor investors for NAPS Global India’s IPO have not been disclosed. Potential investors are advised to monitor official announcements for updates on anchor investor participation.​

IPO Promoter Holding

The promoters of NAPS Global India Limited are Mr. Pankaj Jain and Mr. Ronak Mistry. Specific details about the pre-IPO shareholding pattern have not been disclosed. Post-IPO shareholding will be updated based on allotment and listing details.

IPO Grey Market Premium (GMP)

As of now, there is no available information regarding the Grey Market Premium (GMP) for NAPS Global India’s IPO. Investors are advised to consult financial platforms and market analysts for the latest GMP updates.​

Final Thoughts

NAPS Global India Limited’s IPO presents an opportunity to invest in a growing player within the textile import sector. The company’s consistent financial growth, strategic import network, and asset-light model are notable strengths. However, potential investors should consider the inherent risks associated with import dependence, supply chain concentration, and industry competitiveness. Conducting thorough due diligence and aligning investment decisions with individual financial goals and risk tolerance is advisable.​