NAPS Global India Ltd - IPO

NAPS Global India Ltd IPO Details

Initial public issue of 13,20,000 equity shares of Rs. 10 each (Equity Shares) of NAPS Global India Limited (NAPS or the Company) for cash at a price of Rs. 90 per share (the Issue Price), aggregating to Rs. 11.88 crores (The Issue), of which 72,000 equity shares of Rs. 10 each will be reserved for subscription by market maker to the issue, aggregating to Rs. 0.65 crores (the Market Maker Reservation Portion). The issue less than the market maker reservation portion i.e. issue of 12,48,000 equity shares of Rs. 10 each, aggregating to Rs. 11.23 crores, is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 29.80% and 28.17% respectively of the post issue paid up equity share capital of the company.The face value of the equity share is Rs. 10 and the issue price is 9 times of the face value.

Objective of issue

Funding working capital requirements. General corporate purposes.

NAPS Global India Ltd Contact Details

NAPS Global India Ltd, Subramanian Building, 1ST Floor No 1, Club House Road, Chennai - 600002

Phone - 91-44-28462700

Fax - 91-44-28460129

Email - napsglobalindia@gmail.com

Website - www.napsglobalindia.com