NAPS Global India Limited

Operates as a garment manufacturer and trader, with activities spanning manufacturing, trading, importing, and exporting of fabrics, readymade garments, fashion wear, and accessories. The business was listed on the BSE SME platform on March 11, 2025 after raising roughly Rs. 10.88 crore through an IPO of 13.2 lakh equity shares at Rs. 90 per share, with Rs. 9.19 crore earmarked for working capital and Rs. 1.69 crore for general corporate purposes. In late December 2025, the company acquired a 90.91% stake in Mercaze Private Limited for Rs. 1 crore and a 99.33% stake in Purple Impex India Private Limited for Rs. 1.50 crore; both subsidiaries are in the textile and garment trading/import-export space, marking the first year of consolidated reporting in FY26. Consolidated revenue for FY26 stood at Rs. 13,519.51 lakhs with consolidated PAT of Rs. 158.92 lakhs, while standalone revenue was Rs. 5,541.07 lakhs with standalone PAT of Rs. 196.13 lakhs. The company also incorporated a wholly-owned subsidiary, NAPS Global HK Limited, in Hong Kong on March 13, 2026 to target overseas markets, though it has not yet started operations. Trade receivables rose sharply to Rs. 2,659.58 lakhs and short-term borrowings increased to Rs. 1,074.09 lakhs by FY26 year-end. The registered office was shifted within Mumbai from Kalbadevi Road to Malad West effective June 29, 2026.