NAPS Global IPO GMP Grey Market Premium, Kostak Rates & Investment Insights
The NAPS Global IPO is set to open for subscription on March 4, 2025, and will close on March 6, 2025. This SME IPO aims to raise ₹11.88 crores through a fixed price issue of ₹90 per share. Investors are closely tracking the Grey Market Premium (GMP), Kostak rates, and Subject to Sauda rates, which provide insight into demand before the official listing.
In this article, we’ll cover everything you need to know about NAPS Global IPO GMP, market trends, company financials, and investment opportunities.
What is Grey Market Premium GMP
Before diving into NAPS Global IPO GMP details, let’s understand the concept:
Grey Market Premium (GMP) refers to the unofficial price at which an IPO share trades in the grey market before listing. It is an indicator of market sentiment and helps investors gauge the possible listing price.
- High GMP suggests strong demand, potentially leading to listing gains.
- Low or negative GMP indicates weak demand, signaling possible risk.
NAPS Global IPO GMP Live Updates (Day-by-Day Pricing)
Investors often track daily GMP trends to predict listing performance. Below is the latest GMP status for NAPS Global IPO:
| Date | GMP (₹) | Kostak Rate (₹) | Subject to Sauda (₹) |
|---|---|---|---|
| February 27, 2025 | – | – | – |
| February 26, 2025 | – | – | – |
📌 Note: GMP values fluctuate daily based on demand and market conditions.
What Are Kostak and Subject to Sauda?
- Kostak Rate: The premium an investor gets by selling their IPO application before allotment.
- Subject to Sauda: The premium received for selling an IPO application, provided the shares are allotted.
NAPS Global IPO GMP Details & Key Dates
Here’s a summary of the IPO structure:
| Particulars | Details |
|---|---|
| IPO Open Date | March 4, 2025 |
| IPO Close Date | March 6, 2025 |
| IPO Price Band | ₹90 per share |
| Market Lot | 1,600 shares |
| Total Issue Size | ₹11.88 crores |
| Fresh Issue | ₹11.88 crores |
| Offer for Sale (OFS) | Nil |
| Retail Investor Quota | 50% |
| Non-Institutional Investor (NII) Quota | 50% |
| Listing Exchange | BSE SME |
| Allotment Finalization | March 7, 2025 |
| Refund Initiation | March 10, 2025 |
| Shares Credit to Demat | March 10, 2025 |
| IPO Listing Date | March 11, 2025 |
About NAPS Global India Limited
NAPS Global India Limited is a Mumbai-based company with over 10 years of experience in the textile industry. The company focuses on importing and distributing textile products, mainly from China and Hong Kong.
Business Highlights:
✔ Diverse Textile Portfolio – Cotton, velvet, knitted fabrics, scuba suede, linen, and more.
✔ Strong Import Network – Large-scale sourcing from China and Hong Kong.
✔ Customer-Centric Strategy – Fabrics selected based on fashion trends, quality, and color demand.
✔ Strategic Supply Chain – Warehouse in Maharashtra for efficient distribution.
✔ Debt-Free Business Model – As of December 2024, the company has no outstanding loans.
NAPS Global IPO GMP Financial Performance
The company has shown strong financial growth in recent years. Here’s a look at its financial performance:
| Fiscal Year | Revenue (₹ Cr.) | Expenses (₹ Cr.) | Net Profit (₹ Cr.) | Assets (₹ Cr.) |
|---|---|---|---|---|
| 2022 | ₹13.34 | ₹13.23 | ₹0.18 | ₹4.63 |
| 2023 | ₹25.89 | ₹25.57 | ₹0.27 | ₹6.52 |
| 2024 | ₹47.31 | ₹46.08 | ₹1.45 | ₹11.73 |
| Dec 2024* | ₹52.44 | ₹50.85 | ₹1.53 | ₹15.94 |
📌 Data for Dec 2024 is for the 9-month period ending December 31, 2024.
✔ Revenue has grown significantly, from ₹13.34 crores in 2022 to ₹52.44 crores in December 2024.
✔ Net profit increased from ₹0.18 crores in 2022 to ₹1.53 crores in Dec 2024.
This financial performance indicates a steady and growing business model.
Is NAPS Global IPO GMP a Good Investment?
Strengths
✔ Consistent Revenue Growth – Sales have nearly doubled in two years.
✔ Debt-Free Company – No outstanding loans, reducing financial risk.
✔ Diverse Product Range – A variety of textile offerings.
✔ Strong Market Demand – India’s textile industry is booming.
Risks & Challenges
❌ Reliance on Imports – Heavily dependent on China and Hong Kong for raw materials.
❌ High Minimum Investment – Retail investors must invest ₹1,44,000 per lot.
❌ Competitive Market – Established textile companies may pose a challenge.
Expected Listing Gains & Returns
While the Grey Market Premium (GMP) is yet to start, analysts believe that NAPS Global IPO could offer moderate listing gains due to its strong financials and no debt burden.
However, investors should not rely solely on GMP and should evaluate the company’s fundamentals before investing.
FAQs on NAPS Global IPO GMP & Investment
1. What is NAPS Global IPO GMP today?
📌 As of now, GMP is ₹-. It will be updated as trading begins in the grey market.
2. What is the Kostak rate for NAPS Global IPO?
📌 Currently, Kostak rate is ₹-. This will change based on market demand.
3. What is the Subject to Sauda price for NAPS Global IPO?
📌 As of today, Subject to Sauda is ₹-. This will be updated as subscriptions progress.
4. What is the minimum investment for NAPS Global IPO?
📌 Investors must apply for at least 1 lot (1,600 shares), which costs ₹1,44,000.
5. When will NAPS Global IPO be listed?
📌 Listing date is March 11, 2025, on the BSE SME platform.
Final Verdict – Should You Invest?
NAPS Global IPO presents an opportunity for investors in the textile sector, backed by strong revenue growth, a debt-free status, and competitive pricing. However, investors should carefully evaluate the risks before applying.
📢 Stay tuned for daily GMP updates and expert reviews before making your final investment decision! 🚀