The recent NAPS Global India IPO allotment has concluded amidst modest interest, reflecting a mixed response from investors. The small and medium enterprise (SME) offering, valued at ₹11.88 crore, opened its bidding window from March 4 to March 6, 2025, with a set price of ₹90 per share. Now, investors are eager to check their allotment status, which can be easily done online.
How to Access Your NAPS Global India IPO Allotment Status
Investors seeking to track their allotment can do so through the official site of the IPO registrar, Cameo Corporate Services, or via the BSE website. To streamline this process, follow these simple steps:
- Visit the Cameo Corporate Services website.
- Select “NAPS Global India IPO” from the dropdown menu.
- Choose a mode to check your status – options include PAN, Demat account, or application number.
- Input the necessary details like your application number, PAN, or Demat Account number.
- Complete the captcha verification.
- Click ‘submit’ to view your allotment status.
Key Details of the NAPS Global India IPO
The NAPS Global India IPO comprises a fresh issue of 13.20 lakh shares, with no offer for sale (OFS) included. Retail investors had a minimum investment threshold of ₹1.44 lakh, requiring them to apply for at least 1,600 shares. Despite a total subscription of 1.19 times, demand was lukewarm. The breakdown of bids included:
- 14.81 lakh shares bid against 12.48 lakh shares available.
- The retail segment witnessed a subscription rate of 1.60 times.
- Non-institutional investors (NII) participated at a rate of 0.78 times.
The funds raised will be directed towards enhancing working capital and fulfilling general corporate needs. Aryaman Financial Services Limited is leading the book-running management, while Cameo Corporate Services serves as the registrar. Aryaman Capital Markets Limited is designated as the market maker for this IPO.
Insights on NAPS Global India
NAPS Global India specializes in wholesale textile imports, offering a wide array of fabrics such as cotton, velvet, and knitted materials. With a robust network of suppliers in China and Hong Kong, the company predominantly serves garment manufacturers across India. Additionally, they provide a range of home textile products, solidifying their position in the industry.
Current Grey Market Premium (GMP) Status
As of today, the grey market premium (GMP) for the NAPS Global India IPO remains at ₹0 per share, suggesting that the expected listing price will align with its issue price of ₹90. This stability in the GMP has persisted since February 27, 2025.
In summary, while the NAPS Global India IPO experienced a tepid response, it still provides an opportunity for investors looking to engage in the textile sector. Be sure to check your allotment status soon and stay informed about the company’s future developments!
