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Shreenath Paper Products IPO is a fixed price issue of ₹23.36 crores. The issue is entirely a fresh issue of 0.53 crore shares of ₹23.36 crore.
Shreenath Paper Products IPO bidding started from Feb 25, 2025 and ended on Feb 28, 2025. The allotment for Shreenath Paper Products IPO was finalized on Mar 3, 2025. The shares got listed on BSE SME on Mar 5, 2025.
Shreenath Paper Products IPO price is ₹44.00 per share . The lot size for an application is 3,000. The minimum amount of investment required by an individual investor (retail) is ₹1,32,000 (3000 shares) (based on upper price). The minimum lot size investment for HNI is 2 lots (6,000 shares), amounting to ₹2,64,000.
Galactico Corporate Services Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Pure Broking Pvt.Ltd..
Refer to Shreenath Paper Products IPO RHP for detailed Information.
| IPO Date | February 25, 2025 to February 28, 2025 |
| Listing Date | March 5, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹44 per share |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 53,10,000 shares (aggregating up to ₹23.36 Cr) |
| Reserved for Market Maker | 2,82,000 shares Pure Broking Pvt.Ltd. (aggregating up to ₹1.24 Cr) |
| Net Offered to Public | 50,28,000 shares (aggregating up to ₹22.12 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,43,44,200 shares |
| Share Holding Post Issue | 1,96,54,200 shares |
Shreenath Paper Products IPO offers total 53,10,000 shares. Out of which 25,14,000 (47.34%) allocated to NII, 25,14,000 (47.34%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 2,82,000 (5.31%) |
| NII (HNI) Shares Offered | 25,14,000 (47.34%) |
| Retail Shares Offered | 25,14,000 (47.34%) |
| Total Shares Offered | 53,10,000 (100.00%) |
Shreenath Paper Products IPO opens on February 25, 2025, and closes on February 28, 2025.
| IPO Open Date | Tue, Feb 25, 2025 |
| IPO Close Date | Fri, Feb 28, 2025 |
| Tentative Allotment | Mon, Mar 3, 2025 |
| Initiation of Refunds | Tue, Mar 4, 2025 |
| Credit of Shares to Demat | Tue, Mar 4, 2025 |
| Tentative Listing Date | Wed, Mar 5, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Feb 28, 2025 |
Investors can bid for a minimum of 3,000 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 | 3,000 | ₹1,32,000 |
| Retail (Max) | 1 | 3,000 | ₹1,32,000 |
| HNI (Min) | 2 | 6,000 | ₹2,64,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2011, Shreenath Paper Products Limited is engaged in offering supply chain solutions to industries that use paper materials such as coated, food-grade, machine-glazed, and adhesive papers in their manufacturing processes.
The company supplies various papers, including sublimation base paper, thermal base paper, straw paper, cup stock paper, security PSA sheets, high-strength paper, C2S and C1S papers, and more.
The company understands client needs, defines specifications, sources specialized manufacturers, tests samples, procures materials in desired quantities, and supplies paper in various grades made from recycled paper, bagasse, and virgin pulp.
The company supplies paper products used in industries such as FMCG, textiles, pharmaceuticals, packaging, food & beverages, e-commerce, and more, primarily in Maharashtra, Gujarat, and Madhya Pradesh.
Product Portfolio:
Sublimation Base Paper, Thermal Base Paper, Straw Paper, Cone Sleeve, Cup Stock, ARSR etc.
As of December 31, 2024, the company had 9 employees.
Competitive Strengths:
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 62.25 | 60.34 | 50.95 | 30.82 |
| Total Income | 78.62 | 189.67 | 206.7 | 141.75 |
| Profit After Tax | 2.41 | 4.39 | 4.38 | 1.34 |
| Net Worth | 21.34 | 18.93 | 10.54 | 5.65 |
| Reserves and Surplus | 6.99 | 4.59 | 9.8 | 4.97 |
| Total Borrowing | 31.37 | 28.89 | 25.01 | 16.73 |
| Amount in ₹ Crore | ||||
The market capitalization of Shreenath Paper Products IPO is ₹86.48 Cr.
KPI as of Sun, Mar 31, 2024.
| KPI | Values |
|---|---|
| ROE | 23.19% |
| ROCE | 19.32% |
| RoNW | 23.19% |
| PAT Margin | 2.36% |
| Price to Book Value | 3.33 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 3.06 | 1.63 |
| P/E (x) | 14.37 | 26.97 |
The Company proposes to utilize the Net Proceeds from the Issue towards the following objects:
[Dilip Davda] SPPL is in the business of supplying variety of paper and related products. It largely depends on third party supply. The company posted inconsistency in its top and bottom lines for the reported periods. It is operating in a highly competitive and fragmented segment. Based on its recent financial performance, the issue appears aggressively priced. There is no harm in skipping this high risk bearing pricey offer. Read detail review...
| Listing Date | March 5, 2025 |
| BSE Script Code | 544372 |
| NSE Symbol | |
| ISIN | INE0RXS01018 |
| Final Issue Price | ₹44 per share |
| BSE Listing Group | M |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹44.00 |
| Open | ₹35.20 |
| Low | ₹33.44 |
| High | ₹35.20 |
| Last Trade | ₹33.44 |
Shreenath Paper Products Ltd.
Shop no. 5, Plot no.136, N-1,
Masco Corner API Road,
Cidco
Aurangabad, Maharashtra, 431003
Phone: +91 0240-2489888
Email: info@shreenathpaper.com
Website: https://shreenathpaper.com/
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Shreenath Paper Products IPO is a SME IPO of 53,10,000 equity shares of the face value of ₹10 aggregating up to ₹23.36 Crores. The issue is priced at ₹44 per share. The minimum order quantity is 3000.
The IPO opens on February 25, 2025, and closes on February 28, 2025.
Bigshare 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 Shreenath Paper Products IPO using UPI as a payment gateway. Zerodha customers can apply in Shreenath Paper Products IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Shreenath Paper Products IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Shreenath Paper Products IPO opens on February 25, 2025 and closes on February 28, 2025.
Shreenath Paper Products IPO lot size is 3000, and the minimum amount required for application is ₹1,32,000.
You can apply in Shreenath Paper Products 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 Shreenath Paper Products IPO will be done on Monday, March 3, 2025, and the allotted shares will be credited to your demat account by Tuesday, March 4, 2025. Check the Shreenath Paper Products IPO allotment status.
The Shreenath Paper Products IPO listing date is on Wednesday, March 5, 2025.
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