Upcoming IPO: Naps Naps Nap Global India IPO .. What is the Price Band?

New IPO issues come in the market every week. Almost every week, some companies continue to start IPOs before the listing. But only a new IPO is coming next week. It is also in the SME category. Global India.

NAPS Global India IPO Price Band Rs. Retail investors will have to invest at least Rs 1,44,000. The IPO starts from 4 March. Each application lot size is 1600 shares.

This IPO ends on 6 March. The allocation of shares is likely to be completed by March 7. Listed on BSE SME by 11 March.

This IPO Rs. 11.88 crore comes as a fixed price. This includes 13.20 lakh new shares. Promoter Pankaj Jain, Raunak Mistry. 50 % public offering will be allocated to retail investors and other investors.

What does the company do?

NAPS Global India Limited is a Maharashtra company. This dress is at the top of the supply chain system. It imports bulk clothes. This company works all over India. It has a strong supply network in China and Hong Kong. Trendy design and color in business-to-business models. Provides clothes like cotton, velvet, linen, women’s top and men’s shirts.

company performance

NAPS Global India’s revenue increased from Rs 26.01 crore to Rs 47.88 crore in FY 2023. After tax in FY23, the profit increased from Rs 27 lakh to Rs 1.45 crore. By December 31, 2024, Income Rs. 52.83 crores. Benefits after tax. 1.53 crore.

Comment: This is not an investment advice. Only information. Investing in the stock market is risky.