Bookbuilding IPO | ₹68 Cr | Listed at NSE SME | Tue, May 27, 2025 - Thu, May 29, 2025
Nikita Papers IPO is a book build issue of ₹67.54 crores. The issue is entirely a fresh issue of 0.65 crore shares of ₹67.54 crore.
Nikita Papers IPO bidding started from May 27, 2025 and ended on May 29, 2025. The allotment for Nikita Papers IPO was finalized on May 30, 2025. The shares got listed on NSE SME on Jun 3, 2025.
Nikita Papers IPO price band is set at ₹104 per share. The lot size for an application is 1,200. The minimum amount of investment required by an retail is ₹1,24,800 (1200 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (2,400 shares), amounting to ₹2,49,600.
Fast Track Finsec Pvt.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 Rikhav Securities Ltd..
Refer to Nikita Papers IPO RHP for detailed Information.
IPO Open
Tue, May 27, 2025
IPO Close
Thu, May 29, 2025
Issue Price
₹104 per share
Market Cap (Pre-IPO)
₹256.55 Cr
| IPO Date | 27 to 29 May, 2025 |
| Listed on | Tue, Jun 3, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹95 to ₹104 |
| Issue Price | ₹104 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 64,94,400 shares (agg. up to ₹68 Cr) |
| Reserved for Market Maker | 3,26,400 shares Rikhav Securities Ltd. (agg. up to ₹3 Cr) |
| Fresh Issue (Ex Market Maker) | 61,68,000 shares (agg. up to ₹64 Cr) |
| Net Offered to Public | 61,68,000 shares (agg. up to ₹64 Cr) |
| Share Holding Pre Issue | 1,81,73,500 shares |
| Share Holding Post Issue | 2,46,67,900 shares |
| NSE Symbol | NIKITA |
| ISIN | INE0FLF01015 |
Nikita Papers IPO comprises a total issue size of 64,94,400 shares. The net offer to the public is 61,68,000 shares, after excluding 3,26,400 shares allotted on a firm basis. Of the Net offer 30,84,000 (50.00%) are allocated to QIB, 9,25,200 (15.00%) allocated to NII 21,58,800 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 30,84,000 | 50.00% | 47.49% |
| − Anchor Investor Shares Offered | 8,68,800 | 13.38% | |
| − QIB (Ex. Anchor) Shares Offered | 22,15,200 | 34.11% | |
| NII (HNI) Shares Offered | 9,25,200 | 15.00% | 14.25% |
| Retail Shares Offered | 21,58,800 | 35.00% | 33.24% |
| Firm Reservations | |||
| Market Maker Shares Offered | 3,26,400 | 5.03% | |
| Total Shares Offered | 64,94,400 | 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 | ₹1,24,800 |
| Retail (Max) | 1 | 1,200 | ₹1,24,800 |
| HNI (Min) | 2 | 2,400 | ₹2,49,600 |
Nikita Papers IPO raises ₹9.04 crore from anchor investors. Nikita Papers IPO Anchor bid date is May 26, 2025.
📝 Anchor Investors Letter (PDF)
| Bid Date | Mon, May 26, 2025 |
| Shares Offered | 8,68,800 |
| Anchor Portion (₹ Cr.) | 9.04 |
| Anchor lock-in period end date for 50% shares (30 Days) | Mon, Jun 30, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | Thu, Aug 28, 2025 |
Incorporated in 1989, Nikita Papers Limited is engaged in the manufacturing of paper and paper products.
The company specializes in producing a range of paper grades suitable for industrial, commercial, and printing applications.
The company typically focuses on environmentally sustainable production processes, often incorporating recycled materials in its manufacturing. With a strong distribution network, Nikita Papers Limited serves both domestic and international markets, striving to maintain quality, consistency.
Depending on its size and operations, Nikita Papers Limited may also be involved in verticals such as packaging, tissue paper, or specialty paper products.
Products: The company offers Kraft Paper, a durable and breathable packaging solution ranging from 70–200 GSM, ideal for wrapping, bags, cushioning, and various eco-friendly and creative applications.
As of May 09, 2025, the company has 208 employees.
Competitive Strengths:
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 349.78 | 299.00 | 256.80 | 235.30 |
| Total Income | 272.38 | 346.78 | 401.31 | 358.49 |
| Profit After Tax | 15.68 | 16.60 | 8.65 | 6.95 |
| NET Worth | 93.05 | 77.37 | 54.74 | 46.10 |
| Reserves and Surplus | 74.88 | 59.20 | 46.13 | 37.48 |
| Total Borrowing | 206.71 | 189.24 | 163.02 | 124.74 |
| 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 setting up of Power Plant | 50.00 |
| 2 | Working Capital Requirement | 5.00 |
| 3 | General Corporate Purposes | 8.15 |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 21.45% |
| ROCE | 28.71% |
| Debt/Equity | 0.45 |
| RoNW | 21.45% |
| PAT Margin | 4.79% |
| Price to Book Value | 2.44 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 9.13 | 8.48 |
| P/E (x) | 11.39 | 12.27 |
| Promoter Holding | 80.38% | 59.21% |
| Market Cap | ₹256.55 Cr. |
The Nikita Papers IPO is subscribed 1.43 times on May 29, 2025 6:19:00 PM (Day 3). The public issue subscribed 1.84 times in the retail category, 0.74 times in the QIB category, and 2.11 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB | 0.74 | 22,15,200 | 16,40,400 | 3 |
| NII* | 2.11 | 9,25,200 | 19,56,000 | 212 |
| Retail | 1.84 | 21,58,800 | 39,64,800 | 3,304 |
| Total | 1.43 | 52,99,200 | 75,61,200 | 3,519 |
Total Application : 3,519
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead manager(s) fees including underwriting commission. | 3.88 |
| 2 | Brokerage, selling commission and upload fees. | 0.02 |
| 3 | Registrars to the issue | 0.01 |
| 4 | Legal Advisors | 0.01 |
| 5 | Printing, advertising and marketing expenses | 0.25 |
| 6 | Regulators including stock exchanges | 0.05 |
| 7 | Others, if any (Advisors to the company, Peer Review Auditors, and other misc. expenses like printing & stationery etc.) | 0.19 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹104.00 |
| Open | ₹90.00 |
| Low | ₹85.50 |
| High | ₹92.50 |
| Last Trade | ₹90.45 |
Lead Manager Reports
Nikita Papers IPO is a SME IPO of 64,94,400 equity shares of the face value of ₹10 aggregating up to ₹68 Crores. The issue is priced at ₹104 per share. The minimum order quantity is 1200.
The IPO opens on Tue, May 27, 2025, and closes on Thu, May 29, 2025.
Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Nikita Papers IPO using UPI as a payment gateway. Zerodha customers can apply in Nikita Papers IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Nikita Papers IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Nikita Papers IPO opens on Tue, May 27, 2025 and closes on Thu, May 29, 2025.
Nikita Papers IPO lot size is 1200, and the minimum amount required for application is ₹1,24,800.
You can apply in Nikita 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 Nikita Papers IPO will be done on Friday, May 30, 2025, and the allotted shares will be credited to your demat account by Mon, Jun 2, 2025. Check the Nikita Papers IPO allotment status.
The Nikita Papers IPO listing date is on Tue, Jun 3, 2025.
