Fixed Price IPO | ₹13 Cr | Listed at BSE SME | Fri, Aug 29, 2025 - Tue, Sep 2, 2025

Abril Paper Tech IPO is a fixed price issue of ₹13.42 crores. The issue is entirely a fresh issue of 0.22 crore shares of ₹13.42 crore.
Abril Paper Tech IPO bidding started from Aug 29, 2025 and ended on Sep 2, 2025. The allotment for Abril Paper Tech IPO was finalized on Sep 3, 2025. The shares got listed on BSE SME on Sep 5, 2025.
Abril Paper Tech IPO price is ₹61 per share. The lot size for an application is 2,000. The minimum amount of investment required by an individual investor (retail) is ₹2,44,000 (4,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (6,000 shares), amounting to ₹3,66,000.
Interactive Financial Services Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. The Market Maker of the company is B.N.Rathi Securities Ltd..
Refer to Abril Paper Tech IPO DRHP for detailed Information.
IPO Open
Fri, Aug 29, 2025
IPO Close
Tue, Sep 2, 2025
Issue Price
₹61 per share
Market Cap (Pre-IPO)
₹48.69 Cr
| IPO Date | 29 Aug to 2 Sep, 2025 |
| Listed on | Fri, Sep 5, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹61 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 22,00,000 shares (agg. up to ₹13 Cr) |
| Reserved for Market Maker | 1,12,000 shares B.N.Rathi Securities Ltd. (agg. up to ₹0.6832 Cr) |
| Fresh Issue (Ex Market Maker) | 20,88,000 shares (agg. up to ₹13 Cr) |
| Net Offered to Public | 20,88,000 shares (agg. up to ₹13 Cr) |
| Share Holding Pre Issue | 57,81,840 shares |
| Share Holding Post Issue | 79,81,840 shares |
| BSE Script Code | 544500 |
| ISIN | INE15MX01014 |
Abril Paper Tech IPO comprises a total issue size of 22,00,000 shares. The net offer to the public is 20,88,000 shares, after excluding 1,12,000 shares allotted on a firm basis. Of the Net offer 10,44,000 (50.00%) allocated to NII 10,44,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 10,44,000 | 50.00% | 47.45% |
| Retail Shares Offered | 10,44,000 | 50.00% | 47.45% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,12,000 | 5.09% | |
| Total Shares Offered | 22,00,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 4,000 shares and in multiples of 2,000 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 4,000 | ₹2,44,000 |
| Individual investors (Retail) (Max) | 2 | 4,000 | ₹2,44,000 |
| HNI (Min) | 3 | 6,000 | ₹3,66,000 |
Incorporated in 2023, Abril Paper Tech is a leading manufacturer of Sublimation Heat Transfer Paper. It manufactures different types of paper from 30 GSM to 90 GSM of various sizes from 24 to 72 inches.
Its products are widely used in the digital printing industry, including printing, garments, textile, hosiery and household curtains and furniture.
Its manufacturing facility is located in Palsana, Gujarat.
Competitive strengths
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 Ended | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|
| Assets | 12.97 | 8.13 |
| Total Income | 60.91 | 25.13 |
| Profit After Tax | 1.41 | 0.93 |
| EBITDA | 2.01 | 1.66 |
| NET Worth | 10.52 | 5.64 |
| Reserves and Surplus | 4.74 | 0.43 |
| Total Borrowing | 1.07 | |
| Amount in ₹ Crore | ||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital Expenditure for purchase of machineries | 5.40 |
| 2 | Working Capital | 5.00 |
| 3 | General Corporate Purpose | 2.01 |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 18.03% |
| ROCE | 16.38% |
| Debt/Equity | 0.10 |
| RoNW | 13.43% |
| PAT Margin | 2.32% |
| EBITDA Margin | 3.30% |
| Price to Book Value | 3.35 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 2.44 | 1.77 |
| P/E (x) | 24.96 | 34.46 |
| Promoter Holding | 85.2% | 61.71% |
| Market Cap | ₹48.69 Cr. |
The Abril Paper Tech IPO is subscribed 11.20 times on September 2, 2025 5:04:35 PM (Day 3). The public issue subscribed 16.79 times in the individual investors category, [.] times in the QIB category, and 5.51 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| NII* | 5.51 | 10,44,000 | 57,52,000 | 0 |
| Individual Investors | 16.79 | 10,44,000 | 1,75,28,000 | 0 |
| Total | 11.20 | 20,88,000 | 2,33,92,000 | 5,117 |
Total Application : 5,117
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Manager Fees including Underwriting Commission | 0.25 |
| 2 | Brokerage, selling commission and Marketing | 0.31 |
| 3 | Registrar to the Issue | 0.01 |
| 4 | Legal Advisors | 0.02 |
| 5 | Advertising and marketing expenses | 0.12 |
| 6 | Regulators including stock exchanges | 0.15 |
| 7 | Printing and distribution of issue stationary | 0.03 |
| 8 | Others (Market Making fees etc.) | 0.12 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹61.00 |
| Open | ₹48.80 |
| Low | ₹46.37 |
| High | ₹51.24 |
| Last Trade | ₹49.38 |
Lead Manager Reports
Abril Paper Tech IPO is a SME IPO of 22,00,000 equity shares of the face value of ₹10 aggregating up to ₹13 Crores. The issue is priced at ₹61 per share. The minimum order quantity is 2000.
The IPO opens on Fri, Aug 29, 2025, and closes on Tue, Sep 2, 2025.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Abril Paper Tech IPO using UPI as a payment gateway. Zerodha customers can apply in Abril Paper Tech IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Abril Paper Tech IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Abril Paper Tech IPO opens on Fri, Aug 29, 2025 and closes on Tue, Sep 2, 2025.
Abril Paper Tech IPO lot size is 2000, and the minimum amount required for application is ₹2,44,000, with 2 lots being the minimum application size.
You can apply in Abril Paper Tech IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Abril Paper Tech IPO will be done on Wednesday, September 3, 2025, and the allotted shares will be credited to your demat account by Thu, Sep 4, 2025. Check the Abril Paper Tech IPO allotment status.
The Abril Paper Tech IPO listing date is on Fri, Sep 5, 2025.