NAPS Global IPO Subscribed over 0.23x on day 1

NAPS Global IPO Subscribed over 0.23x on its First day of subscription wherein QIB subscribed 0x, NII subscribed 0.14x, and RII subscribed 0.32x.

NAPS Global IPO subscription started on Tuesday, March 4, 2025, and will close on March 6, 2025, as per the schedule. The price band is set at ₹90 per share with a face value of ₹10. 

NAPS Global IPO Subscription Status 

NAPS Global IPO Subscribed over 0.23x on its First day till 5.00 PM on 4th March 2025.   

  • NAPS Global IPO subscription QIB investors portion is 0x, while NII subscribed 0.14x, and RII investors subscribed 0.32x. 
  • The company has received bids for 2,84,800 shares against 12,48,001 shares on offer on the First day of subscription. 
  • NAPS Global IPO subscribed over 0.23x on its First day. 

About NAPS Global Company

NAPS Global is a Mumbai based company that has more than 10 years of experience in the textile industry. Moreover, NAPS Global has a main business of wholesale textile products and has a manufacturing and supply chain in Maharashtra. Further, NAPS global company has imported cotton and man-made fabrics from China and Hong Kong in large quantities. The company excels in recognizing the unique needs of customers and, based on those insights, its source fabrics with fashionable color combinations, designs, materials, and high quality. It also implements a standardized procurement system that uses purchase orders to ensure flexibility and competitive pricing, while consistently researching the best sources for quality and cost-efficiency.

NAPS Global Financial Report

The company reported revenue of ₹47.88 crores in 2024 against ₹26.01 crore in 2023. The company reported profit of ₹1.45 crores in 2024 against profit of ₹0.27 crores in 2023. 

NAPS Global IPO GMP

NAPS Global IPO GMP was ₹0 as of Tuesday, 4th March 2025. That indicates the IPO is trading at ₹90 with ₹0 premium in the grey market against the issue price of ₹90.

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