The upcoming IPOs this week offer an investment opportunity, with a single debut scheduled between March 3-7. This IPO comes from a textile sector, presenting potential for growth. Investors can explore its details to assess market prospects. Here’s a quick look at the key highlights to watch out for.
NAPS Global India Ltd is launching an IPO with an issue size of ₹11.88 crores. The entire issue is a fresh issue of 13.20 lakh shares.
NAPS Global India IPO will be open for subscription from March 4, 2025 and closes on March 6, 2025. The allotment for the NAPS Global India IPO is expected to be finalised on Friday, March 7, 2025. It is set to list on BSE SME, with a tentative listing date of Tuesday, March 11, 2025.
The price band of the IPO is set at ₹90 per share, and the minimum lot size is 1600 shares. Retail investors need to invest at least ₹1,44,000.
NAPS Global India is a wholesale importer of textile products and a key player in Maharashtra’s garment manufacturing supply chain. It primarily imports cotton and man-made fabrics in bulk from manufacturers in China and Hong Kong, ensuring a timely supply to vendors of garment manufacturing companies in Maharashtra.
The company intends to use the net proceeds of the issue to fund the working capital requirements and general corporate purposes.
The upcoming IPOs can present fresh investment opportunities across diverse sectors. Thorough research and analysis are key to making informed decisions.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Mar 3, 2025, 8:37 AM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
Know MoreWe're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
