NAPS Global India IPO, Key Insights and Financial Overview

Comapany NameNAPS Global India Limited
Company TypeSME
SectorTextile
Promoter Holding- Pre IPO100%
Promoter Holding – Post IPO70.20%
Dilution (%)29.80%
Fresh Issue13,20,000 Shares – INR 11.88 Cr.
OFS
Offer SizeINR 11.88 Cr.
Price BandINR 90 per Share
Cost for one lotINR 1,44,000
No. of Share Post-IPO44,30,000 Shares
Market CapINR 40 Cr.
FY22 ProfitINR 0.5 Cr.
FY23 ProfitINR 0.5 Cr.
FY24 ProfitINR 1.5 Cr.
5MFY25 ProfitINR 1.5 Cr.
P/E21x
Last Year’s Sales Growth48%
Opening Date4-Mar-2025
Closing Date6-Mar-2025
Listing Date11-Mar-2025
Anchor Portion Size
DRHPhttps://www.bseindia.com/corporates/download/334388/Draft%20Prospectus_NAPS%20Global%20India%20Limited_20240910123823.pdf

Question 1 : What is the overview of the Company?

NAPS Global India Limited is a well-established textile trading company, specializing in the wholesale import of high-quality fabrics and garments. Founded in March 2014 and headquartered in Mumbai, the company plays a crucial role in the textile supply chain by sourcing cotton and man-made fabrics from manufacturers in China and Hong Kong. These fabrics are supplied to garment manufacturers and vendors, particularly in Maharashtra, ensuring a steady flow of materials for the booming apparel industry.

Product Wise Revenue Bifurcation

Geography Wise Revenue Bifurcation:

Key Business Insights

  • Diverse Product Portfolio: The company deals in a variety of fabrics, including cotton, linen, super-soft velvet, and knitted and man-made fabrics. Additionally, it offers a range of garments, including men’s shirts, T-shirts, women’s tops, and kids’ jeans.
  • B2B Business Model: Operating on a business-to-business model, NAPS Global India focuses on competitive pricing, efficient supply chain management, and timely delivery.
  • Asset-Light Strategy: With its registered office in Mumbai and a warehouse in Bhiwandi, the company optimizes costs while ensuring high returns by leveraging economies of scale.
  • IPO Objective: The upcoming NAPS Global India IPO aims to raise ₹11.88 crore to support working capital requirements and corporate expansion.

Question 2: Who are the promoters of the Company?

Pankaj Sunderlal Jain is the founder and currently serves as the Chairman & Managing Director of NAPS Global India Ltd., a company he established in 2014. He completed his undergraduate degree at the University of Mumbai. In addition to his role at NAPS Global India, Mr. Jain holds directorship positions at Naps Trading Pvt. Ltd., Ratan Trading Pvt Ltd., and Eternal Offshore Services Pvt Ltd. He also previously served as an Independent Non-Executive Director at Lexoraa Industries Ltd. from 2023 to 2024.

Mr. Ronak Mistry is the Whole-Time Director of the Company. He holds a Bachelor’s degree in Commerce from Mumbai University which he completed in 2012. In 2014, he co-founded the company along with his co-promoter, Mr. Pankaj Jain.

Mr. Satyanarayan Punglia is the Non-executive Director of the Company. He holds a bachelor’s degree of commerce from Rajasthan University. He has been providing Services as a freelancer for over two decades in the Textile Industry.

Question 3: How company performed in the past?

Particulars (INR Cr.)FY22FY23FY249MFY25
Total Revenue13.52647.552.5
Net Profit0.50.51.51.5

Question 4: How much money is the company raising and why?

In the IPO, the company is offering 13.20 Lakh shares, prices at INR 90 per share, aggregating to total of INR 11.88 Cr, with a lot size of 1800 shares. For the purpose of:

For Working Capital requirements- INR 9.19 Cr.

General Corporate Purposes- INR 1.69 Cr.

Question 5: Valuation of the company and comparison with other companies

ParticularMarket Cap (In Cr.)P/E
NAPS Global India LImited4021z
Alstone Textiles India Limited389111x
Soma Textiles & Industries Limited12950x

NAPS Global IPO Registrar

Cameo Corporate Services Limited

NAPS Global lead Manager

Aryaman Financial Services Limited 

Company Address of NAPS Global India Ltd

NAPS Global India Limited

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/

FAQs on NAPS Global India IPO

1. What is NAPS Global India Limited?

NAPS Global India Limited is a textile trading company specializing in the wholesale import of fabrics and garments. Established in 2014, the company sources materials from China and Hong Kong and supplies them to garment manufacturers in India.

2. Who are the promoters of NAPS Global India Limited?

The promoters of NAPS Global India Limited are Mr. Pankaj Sunderlal Jain and Mr. Ronak Mistry.

3. What is the business model of NAPS Global India?

The company operates on a B2B (business-to-business) model, focusing on bulk fabric and garment supply to manufacturers. It follows an asset-light strategy with a registered office in Mumbai and a warehouse in Bhiwandi.

4. What products does NAPS Global India offer?

The company deals in:

  • Fabrics: Cotton, linen, knitted, super-soft velvet, and man-made fabrics.
  • Garments: Men’s shirts, T-shirts, women’s tops, and kids’ jeans.

5. What is the purpose of the NAPS Global India IPO?

The IPO aims to raise ₹11.88 crore to support working capital requirements and general corporate purposes.

6. Who is the Chairman and Managing Director of the company?

Mr. Pankaj Sunderlal Jain serves as the Chairman and Managing Director. He holds a bachelor’s degree from the University of Mumbai and has extensive experience in the textile and garment industry.

7. Where is NAPS Global India Limited headquartered?

The company is headquartered in Mumbai, Maharashtra, with a warehouse located in Bhiwandi.

8. What are the key strengths of NAPS Global India Limited?

  • Strong supply chain network
  • Competitive pricing strategy
  • Experienced leadership
  • Diverse product portfolio
  • Asset-light business model

9. When is the NAPS Global India IPO opening?

The IPO is scheduled to open in March 2025.

10. Where can I find more details about the NAPS Global India IPO?

Investors can check official stock exchange filings, financial websites, and the company’s website for updated IPO details.

sauravahuja777@gmail.com

Author: Saurav Ahuja is an experienced equity research professional, finance writer. With an MBA in Finance and a passion for stock market research, he provides insightful content on investing, swing trading, and financial literacy. He is the founder of Intrinsicinfo.com, a platform dedicated to stock market investing, technical and fundamental analysis, and educational resources for traders and investors.

Leave a Reply