Navjeet India Limited
Upcoming
0
IPO Score
0
*Score varies on actual price

Navjeet India Limited is a prominent player in the kidswear industry, retailing through its popular brand “Mumkins.” The company specializes in designing and sourcing a diverse range of children’s apparel and accessories, catering to infants through pre-teens. Navjeet India operates a robust omnichannel network with over 47 exclusive brand outlets across India alongside a strong D2C presence. In September 2025, the company filed its Draft Red Herring Prospectus (DRHP) for an SME IPO on the NSE Emerge platform. The issue is a book-building process comprising a fresh issue of 4,000,000 equity shares with a face value of ₹10 each. Proceeds are intended to fund new store openings and general corporate purposes, marking a significant milestone in its expansion journey.

Navjeet India Limited was incorporated on February 22, 2016.The company is currently led by Ataljit Abhimanyu .

Navjeet India Limited, through its flagship brand Mumkins, offers a premium range of kids’ apparel for ages 0–15. Core offerings include high-fashion ethnic wear (Sherwanis, Lehengas), party wear (Gowns, Suits), and trend-driven everyday casuals, complemented by a curated selection of footwear and fashion accessories.Navjeet India Limited operates 47+ exclusive brand stores (Mumkins) across 24+ cities in India, including Tier 1, 2, and 3 locations. While the kidswear market is highly unorganized, the company holds a notable presence in the organized occasion-wear segment, serving over 65,000 customers nationwide.

Subscription date to apply for Navjeet India Limited is yet to be announced. Price band for the IPO is yet to be declared.

Revenue, PAT, EBITDA
Year
2025
Networth
₹ 10.84 Cr
Revenue
₹ 45.89 Cr
EBITDA
₹ 4.22 Cr
PAT
₹ 1.83Cr
EBITDA Margin
9.22%
PAT Margin
4.00%
Face Value
N/A
IPO Important Dates
#
Date
Open Date
TBA
Close Date
TBA
Anchor Investor Bidding
TBA
Allotment Date
TBA
Refunds& Demat Credit
TBA
Tentative Listing Date
TBA
Use Of Proceeds
Purpose
Amount
Opening New Stores
~ ₹ 17.38CR
-
-
-
-
-
-
-
-
General Corporate Purpose
Balance
Financial Data
#
2023
2024
2025
Revenue (₹ Cr)
₹ 40.1
₹ 42.1
₹ 45.8
PAT (₹ Cr)
₹ 0.6
₹ 0.6
₹ 1.8
Asset (₹ Cr)
₹ 35.8
₹ 30.4
₹ 39.8
Net Worth (₹ Cr)
₹ 8.4
₹ 9.0
₹ 10.8
IPO Grey Market Premium
Date
IPO Price
IPO GMP
Profit Per Lot
23-Aug
₹ –
₹ –
₹ –
22-Aug
₹ –
₹ –
₹ –
21-Aug
₹ –
₹ –
₹ –
20-Aug
₹ –
₹ –
₹ –
19-Aug
₹ –
₹ –
₹ –
Promoters – Pre offer equity (Approx)
Promoters
% Shares
Prakash Lal Chandani
76.67%
Ataljit Abhimanyu
11.67%
Niranjan Nebhnani Kumar
5.83%
Daksha Devi
5.83%
-
-
-
-
Lot Size details
Application Type
Lot Size
No. of Lot
No. of Shares
Investment Amount
Retail (Min)
1
₹ –
Retail (Max)
13
₹ –
HNI (Min)
14
₹ –
HNI (Max)
66
₹ –
Big HNI (Min)
67
₹ –
  • It designs, brands, sources, and retails premium kidswear and accessories under the brand “Mumkins.”
  • Navjeet India Limited is raising funds via IPO to open new exclusive brand outlets and for general corporate purposes.
  • The issue size of the IPO comprise 4,000,000 equity shares and will list on the NSE Emerge platform.
  • Key risks include high geographic concentration in Rajasthan, intense kidswear competition, and potential overvaluation at listing.
  • Potential upsides include its asset-light model, niche leadership in premium occasion-wear, and significant revenue growth potential.
  • You can apply for the IPO via ASBA through bank net banking, UPI on trading apps, or through your broker once the IPO opens for subscription.
  • Expected listing date is yet to be announced.

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