NAPS Global India IPO Closed
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Schedule of NAPS Global India
| Issue open date | 04 Mar 2025 |
| Issue close date | 06 Mar 2025 |
| UPI mandate deadline | 06 Mar 2025 (5 PM) |
| Allotment finalization | 07 Mar 2025 |
| Refund initiation | 10 Mar 2025 |
| Share credit | 10 Mar 2025 |
| Listing date | 11 Mar 2025 |
| Mandate end date | 21 Mar 2025 |
| Lock-in end date for anchor investors (50%) | 06 Apr 2025 |
| Lock-in end date for anchor investors (remaining) | 05 Jun 2025 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About NAPS Global India
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.
Financials of NAPS Global India
Issue size
| Funds Raised in the IPO | Amount |
| Overall | ₹11.88 crores |
| Fresh Issue | ₹11.88 crores |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Funding working capital requirements | 9.19 (84.47%) |
| General corporate purposes | 1.69 (15.53%) |
*All figures are in ₹ Crores.
Strengths
- Expertise in importing and wholesale distribution of textiles.
- Strong procurement network in China and Hong Kong.
- Diverse fabric offerings catering to various manufacturers.
- Established presence in India’s textile industry for over a decade.
- Robust business model focusing on both B2B and expanding PAN India.
Risks
- Heavy reliance on imports, susceptible to international market fluctuations.
- Concentrated vendor base in China and Hong Kong could affect supply chain.
- Competitive pressures in the textile industry.
- Regulatory changes affecting import tariffs and trade policies.
- Exposure to foreign exchange risks impacting profitability.
Allotment Status for NAPS Global India
To check your allotment status – click here.
Subscription Figures for NAPS Global India
Subscription numbers as of 5:00 PM on 6 Mar 2025:
| Category | Reserved (lakhs) | Applied (lakhs) | Subscription (X times) |
|---|---|---|---|
| HNI (₹2L+) | 6.24 | 5.56 | 0.89x |
| Retail (upto ₹2L) | 6.24 | 9.96 | 1.59x |
| Total | 12.48 | 15.53 | 1.24x |