NAPS Global India Shares Listed at 20% Premium From Issue Price

On Tuesday, March 11, 2025, NAPS Global India shares made a strong debut on the stock exchanges The shares of NAPS Global India were listed at ₹108 on the BSE SME, marking a 20% listing gain or ₹18 above the issue price of ₹90 per share. However, the stock briefly touched a 5% lower circuit, falling to ₹102.6 per share within minutes of its listing.

NAPS Global India IPO Details

NAPS Global India IPO opened on Tuesday, March 4, 2025, and closed on Thursday, March 6, 2025, had its allotment was finalised on Friday, March 7, 2025.

The IPO was a fixed-price offering of ₹11.88 crore, consisting entirely of a fresh issue of 1.32 million shares. The lot size was 1,600 shares, and retail investors were required to invest a minimum of ₹1,44,000. High-net-worth individuals (HNIs) had to invest at least ₹2,88,000 for a minimum of 2 lots, or 2,400 shares.

The public offering saw a relatively lukewarm response, with an oversubscription of about 1.19 times. Cameo Corporate Services Limited served as the registrar for the IPO, while Aryaman Financial Services Limited was the book-running lead manager.

Use of IPO Proceeds

NAPS Global India plans to use the funds raised through the IPO to meet its working capital requirements and for general corporate purposes.

About NAPS Global India Limited

NAPS Global India is a wholesale importer of textiles, offering a diverse range of fabrics and garments, including cotton, velvet, and knitted materials. The company has a significant presence across India and maintains a strong supplier network in China and Hong Kong. It primarily serves garment manufacturers in India through a B2B model, and in addition to fabrics, the company also supplies home textile products.

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