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NAPS Global India announces launch of initial public offering

Share Source By

Dion Global

27 Feb 2025

NAPS Global India Ltd. has announced public offering of 1320000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 80.00 per share. The gross proceeds of the issue are expected to be Rs 1,188.00 lakhs.

The company's initial public offer (IPO) will open on 04 March 2025 and is expected to close on 06 March 2025, subject to customary closing conditions.

The IPO includes a fresh Issue of 1320000 Equity Shares of the Company at an price of Rs 90.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1600 shares with bids in multiples of 1600.

NAPS Global India Ltd. anticipates using the proceeds of the issue for .

ARYAMAN FINANCIAL SERVICES LIMITED as lead manager & Cameo Corporate Services Ltd. is the registrar, to the issue.