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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 ₹96.00 per share . The lot size for an application is 1,200. The minimum amount of investment required by an retail is ₹1,09,200 (1200 shares). The minimum lot size investment for 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 Date | June 13, 2025 to June 17, 2025 |
| Listing Date | June 20, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹91 to ₹96 per share |
| Issue Price Final | ₹96 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 33,00,000 shares (aggregating up to ₹31.68 Cr) |
| Reserved for Market Maker | 1,65,600 shares Sunflower Broking Pvt.Ltd. (aggregating up to ₹1.59 Cr) |
| Net Offered to Public | 31,34,400 shares (aggregating up to ₹30.09 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 70,00,000 shares |
| Share Holding Post Issue | 1,03,00,000 shares |
Aten Papers IPO offers total 33,00,000 shares. Out of which 1,54,800 (4.69%) allocated to QIB, 14,89,200 (45.13%) allocated to NII, 14,90,400 (45.16%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,65,600 (5.02%) |
| QIB Shares Offered | 1,54,800 (4.69%) |
| NII (HNI) Shares Offered | 14,89,200 (45.13%) |
| Retail Shares Offered | 14,90,400 (45.16%) |
| Total Shares Offered | 33,00,000 (100.00%) |
Aten Papers IPO opens on June 13, 2025, and closes on June 17, 2025.
| IPO Open Date | Fri, Jun 13, 2025 |
| IPO Close Date | Tue, Jun 17, 2025 |
| Tentative Allotment | Wed, Jun 18, 2025 |
| Initiation of Refunds | Thu, Jun 19, 2025 |
| Credit of Shares to Demat | Thu, Jun 19, 2025 |
| Tentative Listing Date | Fri, Jun 20, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Tue, Jun 17, 2025 |
Investors can bid for a minimum of 1,200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| 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 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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 Limited'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 market capitalization of Aten Papers IPO is ₹98.88 Cr.
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|---|
| 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 Rs | 10.02 | 6.81 |
| P/E (x) | 9.58 | 14.1 |
The Company Aten Papers IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Capital Expenditure | 4.28 |
| 2 | To Meet Working Capital Requirements | 45.75 |
| 3 | General Corporate Purpose | 7.92 |
[Dilip Davda] APFL is engaged in the trading in the paper product supply chain. It provides products suitable for packaging industry and thus follows B2B mode of operations. It posted steady growth in its top and bottom lines. Based on its recent financial performance, the issue appears aggressively priced. The sudden boost in bottom lines from FY24 onwards raise eyebrows and concern over its sustainability going forward. Well-informed/cash surplus investors may park moderate funds for medium term in this pricey bet. Read detail review...
| Listing Date | June 20, 2025 |
| BSE Script Code | 544417 |
| NSE Symbol | |
| ISIN | INE0XCV01014 |
| Final Issue Price | ₹96 per share |
| BSE Listing Group | M |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹96.00 |
| Open | ₹90.00 |
| Low | ₹85.50 |
| High | ₹90.00 |
| Last Trade | ₹85.50 |
Aten Papers & Foam Ltd.
Block-A, 102/A,
F. F, Tirmizi Heights, Opp Bombay Housing Colony,
Near Kirtikunj Society,
Ahmedabad, Gujarat, 380028
Phone: +91-9537861212
Email: cs@atenpapers.com
Website: http://www.atenpapers.com/
Skyline Financial Services Pvt.Ltd.
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
Aten Papers IPO is a SME IPO of 33,00,000 equity shares of the face value of ₹10 aggregating up to ₹31.68 Crores. The issue is priced at ₹96 per share. The minimum order quantity is 1200.
The IPO opens on June 13, 2025, and closes on June 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 June 13, 2025 and closes on June 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 Thursday, June 19, 2025. Check the Aten Papers IPO allotment status.
The Aten Papers IPO listing date is on Friday, June 20, 2025.
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