NAPS Global India Limited IPO

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NAPS Global India Limited is a Mumbai-based wholesale importer of textile products, playing a crucial role in the garment manufacturing supply chain in Maharashtra, India. The company specializes in the import of cotton and man-made fabrics from established manufacturers in China and Hong Kong, ensuring a steady and timely supply to vendors of garment manufacturers.

With over a decade of experience in the textile industry, the company has built a strong procurement network and positioned itself as a leading supplier in India’s growing textile sector. The business operates predominantly on a B2B (business-to-business) model, serving manufacturers and their vendors by offering a comprehensive range of fabric solutions tailored to industry needs.

Market Position

NAPS Global India Limited has capitalized on its strong procurement network in China and Hong Kong to fulfill market requirements effectively. The company’s ability to source high-quality fabrics in bulk at competitive prices has made it a preferred supplier for garment manufacturers in Maharashtra and beyond.

Future Vision & Expansion Plans

As the company moves towards a public listing, its vision is to:
i. Expand PAN-India and globally to cater to larger markets.
ii. Strengthen relationships with stakeholders by offering consistent value and quality.
iii. Enhance supply chain efficiency to ensure faster and more reliable deliveries.
iv. Increase product diversification by introducing new textile categories and expanding its portfolio.

By leveraging its experience, strategic procurement capabilities, and commitment to quality, NAPS Global India Limited aims to become a leading textile importer and supplier in India’s garment industry.

Objects of the NAPS Global India Limited IPO:

The Company proposes to utilize the Net Proceeds from Issue towards funding the following objects: i. Funding Working Capital Requirement ii. General Corporate Purpose.

NAPS Global India Limited IPO Details:

Open Date: Mar 04 2025
Close Date: Mar 06 2025
Total Shares: 13,20,000
Face Value: ₹ 10 Per Equity Share
Issue Size: 11.88 Cr.
Lot Size: 1600 Shares
Issue Price: ₹ 90 Per Equity Share
Listing At: BSE SME
Listing Date: Mar 11 2025

Promoters And Management:

Pankaj Jain, 50, is the founding promoter and Chairman & Managing Director of the company. With over a decade of experience in the textile and garment industry, he holds a Bachelor's degree from Mumbai University. His leadership, financial expertise, and business acumen have driven the company's growth by expanding the client base while maintaining strong customer relationships. Ronak Mistry, 35, is a founding promoter and Whole Time Director of the company. A Commerce graduate from Mumbai University (2012), he co-founded the company in 2014 with Pankaj Jain. He oversees financial planning, business development, and customer acquisition, playing a key role in the company’s growth and expansion. Satyanarayan Punglia, 54, has been a Non-Executive Director since March 6, 2024. A Commerce graduate from Rajasthan University, he brings over two decades of freelance experience in the textile industry, contributing to business optimization, marketing strategies, and customer relationship management.

Financials of NAPS Global India Limited IPO:

In Cr.
Particulars Dec 31, 2024 March 31, 2024 March 31, 2023 March 31, 2022
Revenue from Operations 52.44 47.31 25.89 13.34
EBITDA 2.10 1.88 0.54 0.40
EBITDA Margins 4% 3.97% 2.08% 3%
PAT 1.53 1.45 0.27 0.18
PAT Margins 2.91% 3.06% 1.04% 1.34%
RONW 38.15% 24.61% 21.94%
D/E Ratio 0.31 - 0.10 0.26
CFOA -4.43 -0.39 0.39 0.01

Comparison With Peers:

Companies Revenue EBITDA Margins PAT Margins D/E Ratio MCap P/E
NAPS Global India (FY 2024) 47.31 Cr. 3.97% 3.06% 0.31 39.87 Cr. 24.50*
Alstone Textiles (India) (TTM) 2.79 Cr. 76.70% 126.61% 3.22 377 Cr. 107
Soma Textiles & Industries (TTM) 7 Cr. -76% 1257% 0.01 128 Cr. 49.20
*Forward PE is 19.54 on the basis of FY 25 PAT.

Recommendation on NAPS Global India Limited IPO:

Lead Manager of NAPS Global India Limited IPO:

  1. Aryaman Financial Services Limited

Registrar of NAPS Global India Limited IPO:

  1. Cameo Corporate Services Limited

Company Address:

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/

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