Bookbuilding IPO | ₹32 Cr | Listed at BSE SME | Fri, Jun 13, 2025 - Tue, Jun 17, 2025
Aten Papers IPO is a book build issue of ₹31.68 crores. The issue is entirely a fresh issue of 0.33 crore shares of ₹31.68 crore.
Aten Papers IPO bidding started from Jun 13, 2025 and ended on Jun 17, 2025. The allotment for Aten Papers IPO was finalized on Jun 18, 2025. The shares got listed on BSE SME on Jun 20, 2025.
Aten Papers IPO price band is set at ₹96 per share. The lot size for an application is 1,200. The minimum amount of investment required by an retail is ₹1,15,200 (1200 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (2,400 shares), amounting to ₹2,30,400.
Swastika Investmart Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Sunflower Broking Pvt.Ltd..
Refer to Aten Papers IPO RHP for detailed Information.
IPO Open
Fri, Jun 13, 2025
IPO Close
Tue, Jun 17, 2025
Issue Price
₹96 per share
Market Cap (Pre-IPO)
₹98.88 Cr
| IPO Date | 13 to 17 Jun, 2025 |
| Listed on | Fri, Jun 20, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹91 to ₹96 |
| Issue Price | ₹96 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 33,00,000 shares (agg. up to ₹32 Cr) |
| Reserved for Market Maker | 1,65,600 shares Sunflower Broking Pvt.Ltd. (agg. up to ₹2 Cr) |
| Fresh Issue (Ex Market Maker) | 31,34,400 shares (agg. up to ₹30 Cr) |
| Net Offered to Public | 31,34,400 shares (agg. up to ₹30 Cr) |
| Share Holding Pre Issue | 70,00,000 shares |
| Share Holding Post Issue | 1,03,00,000 shares |
| BSE Script Code | 544417 |
| ISIN | INE0XCV01014 |
Aten Papers IPO comprises a total issue size of 33,00,000 shares. The net offer to the public is 31,34,400 shares, after excluding 1,65,600 shares allotted on a firm basis. Of the Net offer 1,54,800 (4.94%) are allocated to QIB, 14,89,200 (47.51%) allocated to NII 14,90,400 (47.55%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 1,54,800 | 4.94% | 4.69% |
| NII (HNI) Shares Offered | 14,89,200 | 47.51% | 45.13% |
| Retail Shares Offered | 14,90,400 | 47.55% | 45.16% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,65,600 | 5.02% | |
| Total Shares Offered | 33,00,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,200 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹1,15,200 |
| Retail (Max) | 1 | 1,200 | ₹1,15,200 |
| HNI (Min) | 2 | 2,400 | ₹2,30,400 |
Incorporated in 2019, Aten Papers & Foam Limited is operates as a key intermediary in the paper product supply chain.
The company sources paper from various mills and supplies it to clients in the packaging industry.
The company offers Kraft paper, duplex boards, and other products in various grades, thicknesses, and sizes, while also purchasing and selling wastepaper to paper mills as a crucial raw material.
Products:
As on November 30th, 2024, the company had 14 employees.
Competitive Strengths:
Aten Papers & Foam Ltd.'s revenue increased by 43% and profit after tax (PAT) rose by 152% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 34.90 | 32.92 | 29.62 | 27.85 |
| Total Income | 138.70 | 96.80 | 91.00 | 89.82 |
| Profit After Tax | 7.01 | 2.78 | 0.50 | 0.76 |
| EBITDA | 10.65 | 5.15 | 1.88 | 1.90 |
| NET Worth | 14.04 | 7.03 | 4.25 | 3.74 |
| Reserves and Surplus | 7.04 | 6.03 | 3.25 | 2.75 |
| Total Borrowing | 11.13 | 15.67 | 16.03 | 15.44 |
| 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 | 4.28 |
| 2 | Incremental Working Capital Requirements | 15.50 |
| 3 | General Corporate Purpose | 7.92 |
| Total | 27.70 |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 66.53% |
| ROCE | 43.84% |
| Debt/Equity | 0.79 |
| RoNW | 49.93% |
| PAT Margin | 5.06% |
| EBITDA Margin | 7.68% |
| Price to Book Value | 4.79 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 10.02 | 6.81 |
| P/E (x) | 9.58 | 14.1 |
| Promoter Holding | 99.99% | 67.96% |
| Market Cap | ₹98.88 Cr. |
We are facing some difficulties in getting the live subscription data from the stock exchanges. Our technical team is working on it.
The Aten Papers & Foam IPO is subscribed 1.49 times on June 17, 2025 5:04:33 PM (Day 3). The public issue subscribed 2.17 times in the retail category, 2.91 times in the QIB category, and 0.66 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB | 2.91 | 1,54,800 | 4,50,000 | 0 |
| NII* | 0.66 | 14,89,200 | 9,81,600 | 0 |
| Retail | 2.17 | 14,90,400 | 32,38,800 | 0 |
| Total | 1.49 | 31,34,400 | 46,70,400 | 3,092 |
Total Application : 3,092
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Manger Fees including Underwriting Commission | 0.25 |
| 2 | Legal Advisor to Issue | 0.04 |
| 3 | Fees Payable to Registrar to the Issue | 0.01 |
| 4 | Fees Payable Advertising, Marketing Expenses and Printing Expenses | 0.05 |
| 5 | Fees Payable to Regulators including Stock Exchanges and other Intermediaries | 0.05 |
| 6 | Fees payable to Peer Review Auditor | 0.02 |
| 7 | Fees Payable to Market Maker (for Three Years) | |
| 8 | Escrow Bank Fees | |
| 9 | Others (Fees payable for marketing & distributing expenses, selling commission, brokerage, processing fees, underwriting fees and miscellaneous expenses.) | 3.57 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹96.00 |
| Open | ₹90.00 |
| Low | ₹85.50 |
| High | ₹90.00 |
| Last Trade | ₹85.50 |
Lead Manager Reports
Aten Papers IPO is a SME IPO of 33,00,000 equity shares of the face value of ₹10 aggregating up to ₹32 Crores. The issue is priced at ₹96 per share. The minimum order quantity is 1200.
The IPO opens on Fri, Jun 13, 2025, and closes on Tue, Jun 17, 2025.
Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Aten Papers IPO using UPI as a payment gateway. Zerodha customers can apply in Aten Papers IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Aten Papers IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Aten Papers IPO opens on Fri, Jun 13, 2025 and closes on Tue, Jun 17, 2025.
Aten Papers IPO lot size is 1200, and the minimum amount required for application is ₹1,15,200.
You can apply in Aten Papers 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 Aten Papers IPO will be done on Wednesday, June 18, 2025, and the allotted shares will be credited to your demat account by Thu, Jun 19, 2025. Check the Aten Papers IPO allotment status.
The Aten Papers IPO listing date is on Fri, Jun 20, 2025.
