NAPS Global India Limited Acquires 99.33% Stake in Purple Impex India Private Limited for ₹1.50 Crores

1 min read     Updated on 03 Jan 2026, 07:03 PM
scanx
Reviewed by
Radhika SScanX News Team
Overview

NAPS Global India Limited acquired 99.33% stake in Purple Impex India Private Limited for ₹1.50 crores on December 31, 2025, making it a subsidiary. The cash transaction involved purchasing 15,10,000 equity shares of Purple Impex, which was incorporated in April 2025 with authorized capital of ₹2.00 crores and paid-up capital of ₹1.51 crores. The acquisition aims to expand business operations and enhance market share in trading and distribution activities.

28992800

*this image is generated using AI for illustrative purposes only.

NAPS Global India Limited has successfully completed a strategic acquisition, purchasing 99.33% shareholding in Purple Impex India Private Limited for ₹1.50 crores on December 31, 2025. The transaction, conducted through cash consideration, has resulted in Purple Impex becoming a subsidiary of NAPS Global under SEBI regulations.

Acquisition Details

The acquisition involved the purchase of 15,10,000 equity shares representing 99.33% of Purple Impex's share capital. The company informed BSE Limited about this development on January 03, 2026, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Parameter: Details
Shares Acquired: 15,10,000 equity shares
Shareholding Percentage: 99.33%
Acquisition Cost: ₹1.50 crores
Transaction Date: December 31, 2025
Nature of Consideration: Cash

Target Company Profile

Purple Impex India Private Limited was incorporated on April 04, 2025, by promoters including Ronak Mahesh Mistry, Pankaj Sunder Jain, Amit Tanna Dilip, Anil Lachhmandas Talreja, and Ghansham Lachhmandas Talreja. The company operates in a comprehensive range of business activities focused on trading and distribution.

Financial Parameter: Amount (₹)
Authorized Capital: 2.00 crores
Paid-up Capital: 1.51 crores
Current Turnover: Nil

Business Operations

Purple Impex engages in diverse business activities including:

  • Buying, selling, importing, exporting, and trading of goods on retail and wholesale basis
  • Exhibition and promotion of various goods, services, and merchandise
  • Acting as broker, trader, agent, distributor, and commission agent for goods and services
  • Operating as C&F agent, shipper, representative, and consultant across different market segments

Strategic Rationale

The acquisition aligns with NAPS Global's objective to expand business operations on a large scale. The company expects this strategic move to drive growth, increase revenue, and enhance market share while complementing its main line of business activities.

Regulatory Compliance

The transaction falls within related party transactions as the promoter group has interest in the investee company. No governmental or regulatory approvals were required for this acquisition. The matter will be formally recorded in NAPS Global's upcoming board meeting, ensuring full compliance with regulatory requirements.

Historical Stock Returns for NAPS Global

1 Day5 Days1 Month6 Months1 Year5 Years
-100.00%-100.00%-100.00%-100.00%-100.00%-100.00%
NAPS Global
View in Depthredirect
like19
dislike

NAPS Global India Reports Full Utilization of IPO Proceeds, No Deviation in Fund Usage

2 min read     Updated on 12 Nov 2025, 08:35 AM
scanx
Reviewed by
Jubin VScanX News Team
Overview

NAPS Global Limited (NGIL) has confirmed complete utilization of its IPO proceeds of Rs. 1,088.00 lakhs as per the objectives stated in the prospectus. The company's financial results for the half year ended September 30, 2025, show significant growth with revenue from operations increasing to Rs. 6,769.18 lakhs from Rs. 2,871.10 lakhs in the previous year. Net profit rose to Rs. 127.01 lakhs from Rs. 57.08 lakhs. The balance sheet indicates a strong current asset position of Rs. 4,105.65 lakhs against current liabilities of Rs. 2,292.10 lakhs.

24462319

*this image is generated using AI for illustrative purposes only.

NAPS Global Limited (NGIL), a company listed on the BSE SME platform, has confirmed that there has been no deviation or variation in the utilization of proceeds from its Initial Public Offering (IPO) for the half year ended September 30, 2025. The company's statement comes as part of its compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

IPO Fund Utilization

NGIL raised Rs. 1,088.00 lakhs through its SME IPO in March 2025. The funds were allocated as follows:

Objective Amount Allocated (Rs. in lakhs) Amount Utilized (Rs. in lakhs) Unutilized Amount
Working Capital 919.00 919.00 -
General Corporate Purposes 169.00 169.00 -
Total 1,088.00 1,088.00 -

The company has reported that all funds have been utilized solely for the objectives stated in the IPO Prospectus, with no deviations.

Financial Performance

NGIL also released its unaudited financial results for the half year ended September 30, 2025. Key highlights include:

Particulars Half Year Ended Sept 30, 2025 (Rs. in lakhs) Half Year Ended Sept 30, 2024 (Rs. in lakhs)
Revenue from Operations 6,769.18 2,871.10
Total Revenue 6,780.31 2,912.21
Profit Before Tax 170.24 73.81
Net Profit 127.01 57.08
Earnings Per Share (Basic) 2.87 1.29

The company has shown significant growth in revenue and profitability compared to the same period last year.

Balance Sheet Highlights

As of September 30, 2025, NGIL reported:

Particulars Amount (Rs. in lakhs)
Total Assets 4,152.71
Shareholder's Funds 1,820.26
Current Assets 4,105.65
Current Liabilities 2,292.10

The company's balance sheet reflects a strong current asset position, indicating good liquidity.

Cash Flow Statement

For the half year ended September 30, 2025, NGIL reported:

Particulars Amount (Rs. in lakhs)
Net Cash Flow from Operating Activities (149.43)
Net Cash Flow from Investing Activities 9.03
Net Cash Flow from Financing Activities 355.44
Net Increase in Cash and Cash Equivalents 215.03

The company has seen a positive net increase in cash and cash equivalents, primarily driven by financing activities.

NAPS Global continues to demonstrate transparency in its financial reporting and adherence to regulatory requirements. The full utilization of IPO proceeds as per the stated objectives reflects the company's commitment to its growth plans and investor trust.

Historical Stock Returns for NAPS Global

1 Day5 Days1 Month6 Months1 Year5 Years
-100.00%-100.00%-100.00%-100.00%-100.00%-100.00%
NAPS Global
View in Depthredirect
like20
dislike
More News on NAPS Global
Explore Other Articles
51.00
-51.00
(-100.00%)