Craftech Paper Mills IPO Details

Bookbuilding IPO | ₹[.] Cr | Listing at BSE SME |

Craftech Paper Mills IPO Logo

Craftech Paper Mills Ltd. has filed a Draft Red Herring Prospectus (DRHP) with the exchange on December 31, 2025 to raise funds through Initial Public Offer (IPO).

Craftech Paper Mills Ltd. IPO is a Book Build Issue of 0.60 crore equity shares consisting of a fresh issue of upto 0.54 crore equity shares and an offer for sale (OFS) of upto 0.06 crore equity shares.

The equity shares are proposed to be listed on the BSE SME. Horizon Management Pvt.Ltd. is the book running lead manager and Maashitla Securities Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Craftech Paper Mills IPO DRHP for more details.

IPO Details

IPO Date[.]
Listing Date[.]
Face Value10 per share
Price Band
Lot Size
Sale TypeFresh capital cum OFS
Issue TypeBookbuilding IPO
Listing AtBSE SME

Total Issue Size59,96,000 shares
(agg. up to ₹[.] Cr)
Fresh Issue 53,50,000 shares
(agg. up to ₹[.] Cr)
Offer for Sale6,46,000 shares of ₹10
(agg. up to ₹[.] Cr)
Share Holding Pre Issue1,38,00,000 shares
Share Holding Post Issue1,91,50,000 shares

IPO DRHP Status

DescriptionDate
Filed with SEBI/ExchangeWed, Dec 31, 2025

Issue Reservation

Investor Category Shares Offered
QIB Shares Offered Not more than 50% of the Net Offer
Retail Shares Offered Not less than 35% of the Net Offer
NII Shares OfferedNot less than 15% of the Net Offer

About Craftech Paper Mills Ltd.

Craftech Paper Mills Limited is an integrated manufacturer of kraft paper based in Latur, Maharashtra. The Company produces recycled kraft paper ranging from 100 to 300 GSM with burst factors between 18 and 28. These products are mainly used in corrugated boxes, industrial packaging, paper bags, and related applications.

Products and Applications

The company manufactures a wide range of kraft paper products designed for packaging and corrugation needs. Its key product offerings include:

  • High RCT kraft paper for heavy-duty packaging
  • Moisture-resistant kraft paper for agricultural and industrial use
  • Standard kraft paper for corrugation, bag making, and corrugation

Its manufacturing facility is located at Chincholirawadi, Latur, Maharashtra.

The company supplies products across multiple regions in India, including Mumbai, Pune, Nagpur, Nashik, Kolhapur, Aurangabad, Latur, Hyderabad, Warangal, Vijayawada, Bengaluru, Hubballi, Belagavi, Indore, and Bhopal.

It serves customers across industries like organized retail, e-commerce, logistics, manufacturing, food processing, pharmaceuticals, and agriculture.

Competitive Strengths

  • Strategic Location
  • Modern Technology and Operational Efficiency
  • Cost Competitiveness
  • Experienced Management Team
  • Sustainable and Compliance-Aligned Operations

Company Financials (Restated Standalone)

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets75.9570.3860.5857.74
Total Income59.58100.7280.0487.59
Profit After Tax5.343.520.27-0.20
EBITDA9.8610.335.385.84
NET Worth18.189.836.316.04
Reserves and Surplus8.981.83-1.69-1.96
Total Borrowing47.2848.5045.2945.95
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Capital Expenditure towards purchase of Boiler 7.50
2 Capital Expenditure towards purchase of a 2 MW Back Pressure Steam Turbine Generator (STG) 2.50
3 Funding the Working Capital requirement of our company 9.00
4 Prepayment or repayment of all or a portion of certain loans availed by our Company 5.50
5 General corporate purposes

Key Performance Indicator (KPI)

KPIMar 31, 2025
ROE43.62%
ROCE13.00%
Debt/Equity4.93
RoNW35.81%
PAT Margin3.50%
EBITDA Margin10.26%
Pre IPOPost IPO
Promoter Holding99.99%
Suryakant Bansilal Karwa and Yash Suryakant Karwa are the company promoters.

IPO Registrar

Maashitla Securities Pvt.Ltd.

Contact Details

Craftech Paper Mills Ltd. Address
Karwa Complex,
Opp Panchayat Office, Main Road
Latur, Maharashtra, 413512
Open an Instant Account with Zerodha

IPO FAQs

Craftech Paper Mills IPO is a SME IPO of 59,96,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .

The Craftech Paper Mills IPO open and close dates are not available as of now.

Maashitla Securities Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Zerodha customers can apply online in Craftech Paper Mills IPO using UPI as a payment gateway. Zerodha customers can apply in Craftech Paper Mills IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Craftech Paper Mills IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Craftech Paper Mills IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Craftech Paper Mills IPO dates are not announced. Please check back again after some time.

Craftech Paper Mills IPO lot size and the minimum order quantity is not available at this time. Please check again later.

You can apply in Craftech Paper Mills 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 Craftech Paper Mills IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Craftech Paper Mills IPO allotment status.

The Craftech Paper Mills IPO listing date is not yet announced. The tentative date of listing is .

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