NAPS Global India IPO: A Comprehensive Analysis
The Initial Public Offering (IPO) market continues to be a dynamic space for investors seeking growth opportunities. NAPS Global India Limited recently launched its IPO, offering a chance to invest in a company involved in the wholesale import of textiles and garment manufacturing supply chain. This blog post provides a detailed analysis of the NAPS Global India IPO, covering essential aspects to help you make an informed decision.
Company Overview
NAPS Global India Limited, incorporated in March 2014, operates as a wholesale importer of textiles and is a significant player in the garment manufacturing supply chain in Maharashtra. The company's product range includes various fabrics and garments, catering to a business-to-business model.
- Core Business: Wholesale importer of textiles.
- Product Range: Cotton Fabrics, Velvet Fabrics, Knitted Fabrics, Women's Tops, Men's Shirts, and Kids Wear.
- Operations: Pan-India operations with a strong supplier network in China and Hong Kong.
IPO Details
Understanding the specifics of the IPO is crucial for potential investors. Here's a breakdown of the key details:
- IPO Size: Rs 11.88 crores
- Issue Type: Fixed Price Issue
- Fresh Issue: 13.20 lakh shares
- Price: ₹90 per share
- Lot Size: 1600 Shares
- Listing: BSE SME
IPO Timeline
Stay updated with the IPO's progress through the following timeline:
Tentative Schedule:
| Event | Date |
|---|---|
| IPO Open Date | March 4, 2025 |
| IPO Close Date | March 6, 2025 |
| Tentative Allotment | March 7, 2025 |
| Initiation of Refunds | March 10, 2025 |
| Credit of Shares to Demat | March 10, 2025 |
| Tentative Listing Date | March 11, 2025 |
Subscription Details
The IPO witnessed the following subscription status:
| Investor Category | Shares Offered | Percentage Allocation |
|---|---|---|
| NII | 6,24,000 | 47.27% |
| RII | 6,24,000 | 47.27% |
| Market Maker | 72,000 | 5.45% |
Lot Size Details
Investors can bid for a minimum of 1600 shares and in multiples thereof. Here are the investment details:
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | 1,44,000 |
| Retail (Max) | 1 | 1600 | 1,44,000 |
| HNI (Min) | 2 | 3,200 | 2,88,000 |
Company Valuation
Assessing the company's valuation is vital for determining the potential return on investment.
- Market Capitalization: Rs 39.87 Cr
- Earnings Per Share (EPS) Pre-IPO: Rs 4.67
- Earnings Per Share (EPS) Post-IPO: Rs 4.62
- P/E Ratio Pre-IPO: 19.27
- P/E Ratio Post-IPO: 19.49
Company Financials
A review of the company's financial performance provides insights into its stability and growth potential.
| Period Ended | 31 Dec 2024 (₹ Crore) | 31 Mar 2024 (₹ Crore) | 31 Mar 2023 (₹ Crore) | 31 Mar 2022 (₹ Crore) |
|---|---|---|---|---|
| Assets | 15.94 | 11.73 | 6.52 | 4.63 |
| Revenue | 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 |
| Total Borrowing | 1.68 | 0.12 | 0.22 | -- |
Promoter Holding
The promoters of the company are Pankaj Jain and Ronak Mistry. Here's the shareholding pattern:
- Share Holding Pre Issue: 100.00%
- Share Holding Post Issue: 70.20%
IPO Issue Objective
The company intends to utilize the net proceeds from the issue for the following objectives:
- Funding Working Capital Requirement
- General Corporate Purpose
Company Contact Details
For any further information, you can reach out to the company at:
- Company: NAPS Global India Limited
- Address: Office No. 11, 2nd Floor, 436 Shree Nath Bhuvan, Kalbadevi Road, Mumbai City, Mumbai,-400002
- Phone: 022-49794323
- Email: napsglobalindia@gmail.com
- Website: https://napsglobalindia.com/
IPO Registrar Details
For queries related to the IPO process, you can contact the registrar:
- Registrar: Cameo Corporate Services Limited
- Phone: +91-44-28460390
- Email: investor@cameodina.com
- Website: https://ipo.cameoindia.com/
Conclusion
The NAPS Global India IPO presents an opportunity to invest in a company with a presence in the textile import and garment manufacturing sector. By understanding the company's profile, IPO details, financial performance, and objectives, investors can make a well-informed decision. As always, it's crucial to conduct thorough research and consider your investment goals before participating in any IPO.