Subam Papers IPO

Subam Papers is a BSE SME IPO listed on the BSE SME platform, priced at ₹144–₹152 per share. The stock debuted at ₹142. The IPO had a lot size of ₹800 shares and a minimum investment of ₹1,21,600.

Subam Papers Limited IPO

BSE SME Listed
₹1,21,600 (800 Shares)
Minimum Investment
Check Allotment
IPO Dates
Sep 30, 2024 – Oct 3, 2024
Price band
₹144-152 per equity share
Minimum Investment
₹1,21,600
Issue size
₹93.7 Cr
Lot size
800
Allotment Date
Oct 4, 2024
Listing
Oct 8, 2024
Listing At
BSE SME

IPO timeline

  1. Sep 30, 2024

    Open Date

    Completed

  2. Oct 3, 2024

    Close Date

    Completed

  3. Oct 4, 2024

    Allotment Date

    Completed

  4. Oct 8, 2024

    Listing Date

    Completed

Subam Papers IPO Essentials

Subam Papers IPO Details

Subam Papers IPO is priced at ₹144-152 per share with a total issue size of 93.7 crore. The IPO has a lot size of 800 shares and is listed on BSE SME.

Issue price
₹144-152 per equity share
Lot size
800 shares
Face value
₹10 Per Equity Share
Issue size
6,164,800 shares(aggregating up to ₹93.70 Cr)
Total issue size
61,64,800 shares
(aggregating up to ₹93.7 crore)
Fresh issue
61,64,800 shares
(aggregating up to ₹93.7 crore)
Listing at
BSE SME
List price
142.0
Listing date
Registrar
Bigshare Services Pvt Ltd
Lead manager
Gretex Corporate Services Limited

Market Lot Size

Investors can bid for a minimum of 800 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) 1 800 ₹1,21,600
Retail(max) 1 800 ₹1,21,600
NII (min) 2 1,600 ₹2,43,200

Subam Papers IPO Documents

Subam Papers IPO Reservation

Subam Papers IPO reservation details show category-wise allocation of shares. Out of the total 61,64,800 shares, approximately 19% are reserved for QIB, 14.25% for NII, 33.25% for retail investors, 5.01% for market maker, and 28.5% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 17,56,800 (28.5%)
Market Maker Shares Offered 3,08,800 (5.01%)
QIB Shares Offered 11,71,200 (19%)
NII (HNI) Shares Offered 8,78,400 (14.25%)
Retail Shares Offered 20,49,600 (33.25%)
Total Shares Offered 61,64,800 (100%)

Subam Papers IPO Analytics

Subam Papers IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Subam Papers IPO Subscription Status

Subam Papers IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

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

Earnings

EPS Pre IPO
₹19.57/-
EPS Post IPO
₹14.38/-
P/E Pre IPO
7.77
P/E Post IPO
10.57

Returns

ROE
16.79%
ROCE
20.84%
RoNW
16.79%
PAT Margin
6.77

Fundamentals

Debt / Equity
0.92
Price / Book
1.24

Data sourced from DRHP / RHP • For educational purposes only

Subam Papers Financials( In Lakhs)

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
Net Worth 19,904.12 16,562.32 16,589.11
Reserves & Surplus 19,741.35 16,399.55 16,426.34
Total Borrowing 18,340.77 16,282.61 15,573.37

Subam Papers Company & Offer Insights

About Subam Papers

Subam Papers Limited is a company that manufactures Kraft Paper and paper products. The company uses waste paper as raw material. It was incorporated in October 2006.

Installed capacity for Kraft Paper as of March 31, 2024 was 300 MTPD, which meant a total annual capacity of 93,600 tons.

The company can manufacture and supply Kraft Paper and Duplex Boards in a variety of shades. Their products have GSM from 120 to 300, Busting Factor of 16 to 35, and Deckle sizes from 2,000 MM up to 4,400 MM with reel diameters up to 1,400 MM. It also keeps a huge raw material warehousing facility ensuring adequate reserve stock that helps them produce products of good quality on an ongoing basis for the packaging industry.

The products are utilized in various sectors, including automobiles, textiles, FMCG, food, distilleries, pharmaceuticals, electrical and electronics, and printing where packaging is significant.

The company was awarded the EN ISO 9001:2015 certificate for the production and marketing of packaging paper in 2023.

As of September 2024, the company had 500 permanent employees.

Subam Papers Promoter(s)

Mr. T Balakumar, Ms. Sudha Alagarsamy are the company's promoters of Subam Papers.

Subam Papers IPO Issue Objectives

Investment in a Subsidiary for Financing its Capital Expenditure requirements.
General Corporate Purposes

Subam Papers IPO - Peers Comparison

Company Name EPS (Basic) EPS (Diluted) NAV (per share) (Rs) P/E (x) RoNW (%) P/BV Ratio Financial statements
Subam Papers Limited 20.53 20.53 122.29 N/A 16.79 1.25 Standalone
Pakka Limited 11.21 11.21 64.36 22.36 17.25 3.91 Standalone
Shree Ajit Pulp And Paper Ltd 14.18 14.18 302.68 16.35 3.35 0.76 Standalone

Notes:

  1. Considering the nature and size of the Company's business, the peers are not strictly comparable. However, they have been included for broad comparison.
  2. Current Market Price (CMP) is the closing price of peer group scrips as on July 9, 2024.

Contact Information

Contact Details

Subam Papers

+91-9486303300

info@subampapers.com

http://www.subampapers.com/

S.F.No.143-146 Vaduganpatti, Village Nadukallur to Tirunelveli, Tirunelveli, Tirunelveli Taluk- 627010

Registrar Contact Details

Bigshare Services Pvt Ltd

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/ipo_status.html

Frequently Asked Questions

Click any question to reveal the answer

Subam Papers IPO is a book-built IPO worth ₹93.7 crore. The price band is ₹144–₹152 per share. The IPO opens on Sep 30, 2024 and closes on Oct 3, 2024. It will be listed on BSE SME Platform. Bigshare Services Pvt Ltd is the registrar.

The price band of Subam Papers IPO is ₹144 to ₹152 per share.

The lot size of Subam Papers IPO is 800 shares.

The minimum investment for Subam Papers IPO is approximately ₹1,21,600 based on the upper price band .

Subam Papers IPO opens on Sep 30, 2024 and closes on Oct 3, 2024.

The allotment date of Subam Papers IPO is Oct 4, 2024.

Subam Papers IPO is expected to be listed on Oct 8, 2024, on BSE SME Platform.

Subam Papers IPO valuation snapshot: P/E 10.57, EPS ₹14.38/-, P/B 1.24, RoNW 16.79%, and market cap N/A.

To apply for Subam Papers IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Subam Papers IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Subam Papers IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Subam Papers IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Subam Papers IPO allotment status on IPO Ji for quick and easy access.