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

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 Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 59,96,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 53,50,000 shares (agg. up to ₹[.] Cr) |
| Offer for Sale | 6,46,000 shares of ₹10 (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 1,38,00,000 shares |
| Share Holding Post Issue | 1,91,50,000 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Wed, Dec 31, 2025 |
| 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 Offered | Not less than 15% of the Net Offer |
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:
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
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 75.95 | 70.38 | 60.58 | 57.74 |
| Total Income | 59.58 | 100.72 | 80.04 | 87.59 |
| Profit After Tax | 5.34 | 3.52 | 0.27 | -0.20 |
| EBITDA | 9.86 | 10.33 | 5.38 | 5.84 |
| NET Worth | 18.18 | 9.83 | 6.31 | 6.04 |
| Reserves and Surplus | 8.98 | 1.83 | -1.69 | -1.96 |
| Total Borrowing | 47.28 | 48.50 | 45.29 | 45.95 |
| 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 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 |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 43.62% |
| ROCE | 13.00% |
| Debt/Equity | 4.93 |
| RoNW | 35.81% |
| PAT Margin | 3.50% |
| EBITDA Margin | 10.26% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 99.99% |
Lead Manager Reports
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
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 .