IPO Calendar: Muted Market Sentiments Limit Offerings to Just 1 This Week
Current Market Sentiment
Despite the overall bullish long-term outlook, the primary market remains quiet due to bearish momentum in the secondary market. Only one SME IPO is scheduled to open next week, while four SME listings will hit the exchanges.
Looking ahead, analysts expect around 1,000 IPOs to launch over the next two years. Major names like Zepto, LG India, and Reliance Jio are among the companies preparing to go public.
Upcoming IPO This Week
NAPS Global India IPO
- Issue Opens: March 4, 2025
- Price Band: ₹90 per share
- Issue Size: 13.2 lakh equity shares (Fresh Issue, No OFS)
- Retail Quota: 50%
- Non-Retail Quota: 50%
- Use of Proceeds: Working capital & corporate purposes
- Industry: Textile Import & Garment Manufacturing
Company Overview: NAPS Global India is a wholesale importer of textile products, supplying raw materials to garment manufacturers in Maharashtra, India. The company primarily imports cotton and man-made fabrics from China and Hong Kong, playing a crucial role in the supply chain.
Market Trends in Textile Imports
During April-October FY 2025, the total textile imports in India stood at $5,425 million, with the man-made textiles category accounting for 34% ($1,859 million).
Due to a demand-supply gap in the sector, NAPS Global India has built a strong procurement network in China and Hong Kong, positioning itself as a key supplier to manufacturers requiring bulk textile imports.
Other IPO Developments
Excelsoft Technologies Files DRHP for ₹700 Crore IPO
Software-as-a-Service (SaaS) company Excelsoft Technologies has filed its Draft Red Herring Prospectus (DRHP) with SEBI for an upcoming ₹700 crore IPO. More details are expected soon.
IPO Lead Managers & Listing Details
The Aryaman Financial Services is the Book Running Lead Manager (BRLM) for the NAPS Global India IPO, while Cameo Corporate Services is handling the registrar duties. The shares will be listed on the NSE SME platform.
Conclusion
While IPO activity remains slow due to market volatility, long-term prospects remain strong with several major IPOs in the pipeline. Investors should stay informed about upcoming public offers and secondary market trends.
Disclaimer: This article is for informational purposes only and should not be considered financial advice. Please consult a financial expert before making investment decisions.
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