NAPS Global Ltd is a prominent entity in Maharashtra’s garment manufacturing supply chain. The company specializes in importing cotton and synthetic fabrics from China and Hong Kong, which it then supplies to garment manufacturers across Maharashtra. Operating on a B2B (Business to Business) model, NAPS Global provides a range of imported fabrics, including cotton fabrics, super-soft velvet fabrics, knitted fabrics, and man-made and linen fabrics. Additionally, the company offers various garments such as women’s tops, men’s shirts and T-shirts, kids’ wear, and jeans.
The IPO for NAPS Global is set to open on March 4, 2025, and will close on March 6, 2025. The price band for the IPO is fixed at ₹90 per share. The allocation for retail investors is 50%, while the quota for HNIs (High Net-Worth Individuals) is also 50%, with no allocation for QIBs (Qualified Institutional Buyers). The shares are scheduled to be listed on the BSE (Bombay Stock Exchange) on March 11, 2025. The allotment of shares is expected to be finalized by March 7, 2025.
In terms of financial performance, NAPS Global reported a significant increase in revenue, reaching ₹47.88 crores in 2024, up from ₹26.01 crores in 2023. The company also saw a substantial rise in profit, with ₹1.45 crores in 2024 compared to ₹0.27 crores in the previous year.
