Shreenath Paper Products Limited IPO
BSE SMEListed On: Mar 5, 2025 at ₹ 35.2
₹ 264000 /6000 Shares
*Min Investment
25 Feb, 2025
Open Date28 Feb, 2025
Close Date03 Mar, 2025
Allotment Date05 Mar, 2025
Listing DateShreenath Paper Products IPO Issue Details
- Issue Price ₹44 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 53,10,000 shares(aggregating up to ₹23.36 crore)
- Fresh Share 53,10,000 shares(aggregating up to ₹23.36 crore)
- Listing at BSE SME
- List Price 35.2
- Listing Date 2025-03-05
- Lead Manager Galactico Corporate Services Limited
- Registrar Bigshare Services Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 3000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 3000 | ₹1,32,000 |
| Retail(max) | 1 | 3000 | ₹1,32,000 |
| NII (min) | 2 | 6000 | ₹2,64,000 |
Shreenath Paper Products IPO Reservation
Shreenath Paper Products IPO offers total 53,10,000 shares. Out of which NA (NA%) allocated to QIB, NA (NA%) allocated to NII,25,14,000 (47.34%) allocated to RII, NA (NA%) allocated to employees and NA (NA%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (NA%) | |
| Market Maker Shares Offered | 2,82,000 (5.31%) | |
| Retail Shares Offered | 25,14,000 (47.34%) | |
| Total Shares Offered | 53,10,000 (100%) |
Shreenath Paper Products IPO Details
Shreenath Paper Products Limited IPO is an SME IPO, priced at ₹44 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 53,10,000 equity shares, aggregating up to ₹23.36 crores..
The IPO bidding window is open from Feb 25, 2025 to Feb 28, 2025. The allotment is expected to be finalized on Mar 3, 2025, and the tentative listing date is Mar 5, 2025.
The minimum lot size for retail investors is 3000 shares, with a minimum investment of ₹1,32,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,64,000.
Galactico Corporate Services Limited is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt Ltd, and Pure Broking Private Limited will act as the market maker for this issue.
Shreenath Paper Products IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 25,14,000 | 25,14,000 | 50,28,000 |
Day 1 25-02-25 06:00 PM | 0.02 x | 0.28 x | 0.15 x |
Day 2 27-02-25 06:00 PM | 0.09 x | 1.18 x | 0.63 x |
Day 3 28-02-25 06:00 PM | 0.52 x | 3.18 x | 1.85 x |
Shreenath Paper Products Valuations
Shreenath Paper Products Company Financials
| 31-Dec-24 | 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|---|
| Assets | 62.25 | 60.34 | 50.95 | 30.82 |
| Revenue | 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 & Surplus | 6.99 | 4.59 | 9.80 | 4.97 |
| Total Borrowing | 31.37 | 28.89 | 25.01 | 16.73 |
About Shreenath Paper Products Company
Incubated in 2011, Shreenath Paper Products Limited is involved in providing supply chain solutions to those industries which consume paper products like coated, food-grade, machine-glazed, and adhesive papers in their manufacturing operations.
The company provides several types of papers, including sublimation base paper, thermal base paper, straw paper, cup stock paper, security PSA sheets, high-strength paper, C2S and C1S papers, and others.
The company knows customer requirements, formulates specifications, identifies specialized producers, inspects samples, arranges material purchases in required sizes, and distributes paper in grades of recycled paper, bagasse, and virgin pulp.
The company distributes paper products utilized by industries like FMCG, textiles, pharmaceuticals, packaging, food & beverages, e-commerce, and others, mainly in Maharashtra, Gujarat, and Madhya Pradesh.
As of 31st December 2024, the company employed 9 people.
Shreenath Paper Products - Promoter(s)
Alok Parekh
Ronak Parekh
Navneetdas Parekh
Hasumati Navneetdas Parekh
Harish Parekh
Hasumati Harish Parekh
Neha Parekh
Sayali Parekh
Pre Issue Share Holding : 100%
Post Issue Share Holding : 72.98%
Shreenath Paper Products IPO - Issue Objectives
Meeting incremental working capital requirements
General corporate purposes
Shreenath Paper Products IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Shreenath Paper Products Limited | 3.07 | 3.07 | 13.2 | 14.33 | 23.19 | 3.38 | Standalone |
| Jk Paper Ltd. | 53.27 | 53.27 | 268.74 | 6.78 | 19.82 | 1.2 | Standalone |
| Star Paper Mills Ltd. | 41.01 | 41.01 | 414.7 | 4.51 | 9.89 | 0.54 | Standalone |
| Seshasayee Paper & Boards Ltd. | 43.06 | 43.06 | 305.24 | 6.78 | 14.12 | 0.96 | Standalone |
Notes:
- P/E Ratio for the peer has been computed based on the closing market price of respective equity shares as on January 30, 2025, sourced from the website of the Stock Exchange as divided by the Basic/diluted EPS as applicable.
Contact Details
Shreenath Paper Products
Shop no. 5, Plot no.136, N-1, Masco Corner API Road, Cidco, Aurangabad, 431003
+91 0240-2489888
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Shreenath Paper Products IPO - FAQs
Ans. Shreenath Paper Products Limited IPO is a SME IPO. The issue is priced at ₹44 per equity share. The minimum order quantity is 3000 Shares. The IPO opens on Feb 25, 2025, and closes on Feb 28, 2025. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Shreenath Paper Products Limited IPO opens on Feb 25, 2025 and closes on Feb 28, 2025.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Shreenath Paper Products Limited IPO is 53,10,000 shares(aggregating up to ₹23.36 Cr).
Ans. The Shreenath Paper Products Limited IPO price band is set between ₹44 per equity share.
Ans. To apply for Shreenath Paper Products Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Shreenath Paper Products Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Shreenath Paper Products Limited IPO is Mar 3, 2025.
Ans. The Shreenath Paper Products Limited IPO will be listed on Mar 5, 2025.
Ans. Follow the steps to check the Shreenath Paper Products Limited IPO allotment status online.
