Abril Paper Tech IPO vs Prodocs Solutions IPO

Comparison between Abril Paper Tech IPO and Prodocs Solutions IPO.

IPO Details

Abril Paper Tech IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Prodocs Solutions IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of Abril Paper Tech IPO is up to ₹12.74 Cr whereas the issue size of the Prodocs Solutions IPO is up to ₹26.22 Cr. The final issue price of Abril Paper Tech IPO is ₹61.00 per share and of Prodocs Solutions IPO is ₹138.00 per share.

 Abril Paper Tech IPOProdocs Solutions IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹131.00 per share
Issue Price (Upper)₹138.00 per share
Issue Price (Final)₹61.00 per share₹138.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size2000 shares1000 shares
Fresh Issue Size20,88,000 shares15,00,000 shares
Fresh Issue Size (Amount)up to ₹12.74 Crup to ₹20.70 Cr
OFS Issue Size0 shares4,00,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹5.52 Cr
Issue Size Total20,88,000 shares19,00,000 shares
Issue Size Total (Amount)up to ₹12.74 Crup to ₹26.22 Cr

IPO Timetable

Abril Paper Tech IPO opens on Aug 29, 2025, while Prodocs Solutions IPO opens on Dec 08, 2025. The closing date of Abril Paper Tech IPO and Prodocs Solutions IPO is Sep 02, 2025, and Dec 10, 2025, respectively.

 Abril Paper Tech IPOProdocs Solutions IPO
Anchor Bid DateDec 05, 2025
Issue OpenAug 29, 2025Dec 08, 2025
Issue CloseSep 02, 2025Dec 10, 2025
Basis Of Allotment (Tentative)Sep 03, 2025Dec 11, 2025
Initiation of Refunds (Tentative)Sep 04, 2025Dec 12, 2025
Credit of Share (Tentative)Sep 04, 2025Dec 12, 2025
Listing date (Tentative)Sep 05, 2025Dec 15, 2025
Anchor Lockin End date 1Jan 09, 2026
Anchor Lockin End date 2Mar 10, 2026

Financials & KPIs

Abril Paper Tech IPO P/E ratio is 24.96, as compared to Prodocs Solutions IPO P/E ratio of 14.72.

 Abril Paper Tech IPOProdocs Solutions IPO
Financials

Company Financials (Restated)

Abril Paper Tech Ltd.'s revenue increased by 142% and profit after tax (PAT) rose by 52% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 2024
Assets12.978.13
Total Income60.9125.13
Profit After Tax1.410.93
EBITDA2.011.66
NET Worth10.525.64
Reserves and Surplus4.740.43
Total Borrowing1.07
Amount in ₹ Crore

Company Financials (Restated Standalone)

Prodocs Solutions Ltd.'s revenue decreased by 6% and profit after tax (PAT) rose by 61% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets38.9435.0813.047.65
Total Income21.1142.7845.6636.81
Profit After Tax3.435.113.161.54
EBITDA5.538.184.622.19
NET Worth22.4319.195.872.80
Reserves and Surplus16.9813.745.062.66
Total Borrowing7.467.992.150.85
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)85.274.31
Promoter Shareholding (Post-Issue)61.7151.77
P/E Ratio24.9614.72
Market Cap₹48.69 Cr.₹97.29 Cr.
ROE18.03%
ROCE16.38%27.12%
Debt/Equity0.100.42
EPS₹2.44₹9.37
RoNW13.43%26.62%

Shares Offered

In the Abril Paper Tech IPO Retail Individual Investors (RII) are offered 10,44,000 shares while in Prodocs Solutions IPO retail investors are offered 10,44,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Abril Paper Tech IPO and 3,72,000 shares in Prodocs Solutions IPO.

 Abril Paper Tech IPOProdocs Solutions IPO
Anchor Investor Reservation0 shares5,58,000 shares
Market Maker Reservation1,12,000 shares1,00,000 shares
QIB0 shares3,72,000 shares
NII10,44,000 shares3,00,000 shares
RII10,44,000 shares6,70,000 shares
Employee0 shares0 shares
Others
Total20,88,000 shares19,00,000 shares

Bids Received (Subscription)

Abril Paper Tech IPO subscribed 11.20x in total, whereas Prodocs Solutions IPO subscribed 2.66x.

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Abril Paper Tech IPO Vs Prodocs Solutions IPO