Shreenath Paper Products
BSE SME₹132,000 / 3000 Shares
IPO Live Subscription Details (times)
IPO Details
Shreenath Paper Products IPO is priced between ₹44 per equity share, with a face value of ₹10 per share. The company's equity shares will be listed on the BSE SME, and Bigshare Services Pvt Ltd is managing the issue as the registrar.
The IPO bidding period opened on 25 Feb, 2025, and closed on 28 Feb, 2025. The allotment results will be announced on 3 Mar, 2025, with a tentative listing date set for 5 Mar, 2025.
The total issue comprises 53,10,000 shares, amounting to ₹23.36 Cr.
Shreenath Paper Products IPO Highlights
| IPO Date | Listing Date | Face Value | Price Band | Lot Size | Fresh Issue | Offer for Sale | Listing At |
|---|---|---|---|---|---|---|---|
| Feb 25, 2025 - Feb 28, 2025 | 5 Mar, 2025 | ₹10 Per Equity Share | ₹44 per equity share | - | Shares | - | BSE SME |
Shreenath Paper Products IPO Timeline
Issue Price
₹44 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Bigshare Services Pvt LtdMarket Lot
3000 Shares (₹132,000/-)Lead Manager
Galactico Corporate Services LimitedIssue Size
53,10,000 shares(aggregating up to ₹23.36 Cr)Retail Portion
50%Subscription
1.85 timesShreenath Paper Products IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Dec 24 | 62.25 | 78.62 | 2.41 | 21.34 | 6.99 | 31.37 |
| 31 Mar 24 | 60.34 | 189.67 | 4.39 | 18.93 | 4.59 | 28.89 |
| 31 Mar 23 | 50.95 | 206.7 | 4.38 | 10.54 | 9.80 | 25.01 |
| 31 Mar 22 | 30.82 | 141.75 | 1.34 | 5.65 | 4.97 | 16.73 |
All values are in ₹ Cr.
Shreenath Paper Products IPO Valuations
EPS PRE IPO ₹3.06/- | EPS POST IPO ₹1.63/- | PE PRE IPO 14.37 | PE POST IPO 26.97 | ROE 23.19% |
ROCE 19.32% | DEBT EQUITY - | RONW 23.19% | PAT MARGIN 2.36 | PRICE TO BOOK VALUE 3.33 |
About Company
Incubated in 2011, Shreenath Paper Products Limited is involved in providing supply chain solutions to those industries which consume paper products like coated, food-grade, machine-glazed, and adhesive papers in their manufacturing operations.
The company provides several types of papers, including sublimation base paper, thermal base paper, straw paper, cup stock paper, security PSA sheets, high-strength paper, C2S and C1S papers, and others.
The company knows customer requirements, formulates specifications, identifies specialized producers, inspects samples, arranges material purchases in required sizes, and distributes paper in grades of recycled paper, bagasse, and virgin pulp.
The company distributes paper products utilized by industries like FMCG, textiles, pharmaceuticals, packaging, food & beverages, e-commerce, and others, mainly in Maharashtra, Gujarat, and Madhya Pradesh.
As of 31st December 2024, the company employed 9 people.
Shreenath Paper Products IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 25,14,000 | 25,14,000 | 50,28,000 |
| Day 1 - 25-02-25 06:00 PM | 0.02 x | 0.28 x | 0.15 x |
| Day 2 - 27-02-25 06:00 PM | 0.09 x | 1.18 x | 0.63 x |
| Day 3 - 28-02-25 06:00 PM | 0.52 x | 3.18 x | 1.85 x |
Shreenath Paper Products IPO - Issue Objectives
- Meeting incremental working capital requirements
- General corporate purposes
Shreenath Paper Products
Shop no. 5, Plot no.136, N-1, Masco Corner API Road, Cidco, Aurangabad, 431003Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com