Subam Papers Limited IPO
BSE SME Allotment OutOffer Date: Sep 30, 2024 - Oct 3, 2024
Exp. Premium: 12-13 (7.89%)
₹ 121600 /800 Shares
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Expected Premium is derived from market rumors and internet sources. It does not reflect the actual IPO listing price or value. Please review the RHP and consult a financial advisor before investing.
Subam Papers IPO Details
30 Sep, 2024
Open Date03 Oct, 2024
Close Date04 Oct, 2024
Allotment Date08 Oct, 2024
Listing DateIssue Price
₹144-152 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Bigshare Services Pvt LtdMarket Lot
800 Shares (₹121,600/-)Lead Manager
Gretex Corporate Services LimitedIssue Size
6,164,800 shares(aggregating up to ₹93.70 Cr)Retail Portion
35%Subscription
92.93 timesSubam Papers IPO Subscription Details
As on | QIB / NII | Retail | Total |
---|---|---|---|
Shares Offered / Reserved | 1,171,200 / 1,187,200 | 2,049,600 | 4,099,200 |
Day 1 - 30-09-24 06:00 PM | 0.00 / 0.33 x | 0.75 x | 0.44 x |
Day 2 - 01-10-24 06:00 PM | 0.00 / 2.59 x | 5.47 x | 3.29 x |
Day 3 - 03-10-24 06:00 PM | 57.18 / 243.16 x | 48.97 x | 92.93 x |
Subam Papers Valuations
EPS Pre IPO
₹19.57/-EPS Post IPO
₹14.38/-P/E Pre IPO
7.77P/E Post IPO
10.57RoNW
16.79%Subam Papers Company Financials All values are in ₹ Lakh
31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
---|---|---|---|
Assets | 46,046.1 | 41,434.65 | 39,418.33 |
Revenue | 49,697.31 | 51,062.36 | 33,259.87 |
Profit After Tax | 3,341.8 | -26.79 | 2,600.23 |
About The Company
Subam Papers Limited is a manufacturer of Kraft Paper and paper products. The company uses waste paper as a raw material.
As of March 31, 2024, the installed capacity for Kraft Paper was 300 metric tons per day (MTPD), resulting in a total annual capacity of 93,600 tons.
It has the ability to manufacture and supply Kraft Paper and Duplex Boards in various shades. Their products offer GSM ranging from 120 to 300, Busting Factor of 16 to 35, and Deckle sizes from 2,000 MM to 4,400 MM, with reel diameters up to 1,400 MM. Additionally, they maintain a large raw material storage facility to ensure sufficient reserves, which enables consistent production of high-quality products for the packaging industry.
The products are used in various industries such as automobiles, textiles, FMCG, food, distilleries, pharmaceuticals, electrical and electronics, and printing, where packaging is essential.
Subam Papers - Promoter(s)
Pre Issue Share Holding: 94.81%
Post Issue Share Holding: 69.67%
Company Promoter(s)
- Mr. T Balakumar
- Ms. Sudha Alagarsamy
Subam Papers IPO - Issue Objectives
- Investment in a Subsidiary for Financing its Capital Expenditure requirements.
- General Corporate Purposes
Subam Papers IPO - FAQs
Ans. Subam Papers Limited IPO is a SME IPO. The issue is priced at ₹144-152 per equity share. The minimum order quantity is 800 Shares. The IPO opens on Sep 30, 2024, and closes on Oct 3, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Subam Papers Limited IPO opens on Sep 30, 2024 and closes on Oct 3, 2024.
Ans. The size of Subam Papers Limited IPO is 6,164,800 shares(aggregating up to ₹93.70 Cr).
Ans. The IPO price band is set between ₹144-152 per equity share.
Ans. To apply for Subam Papers Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Subam Papers 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 Subam Papers Limited IPO is Oct 4, 2024.
Ans. The Subam Papers Limited IPO will be listed on Oct 8, 2024.
Ans. Follow the steps to check the allotment status for Subam Papers Limited IPO here.