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Nikita Papers IPO

Live Updates, GMP, Subscription Data, and Financial Details

IPO Overview

Listed
Dates May 27 to May 29 2025
Price Band ₹104
Current GMP ₹90 (-13.46%)
Subscription 1.43 times

IPO Details

IPO Date
May 27, 2025 to May 29, 2025
Listing Date
June 3, 2025
Face Value
₹10 per share
Issue Price
₹104 per share
Lot Size
1,200 Shares
Total Issue Size
64,94,400 shares (aggregating up to ₹67.54 Cr)
Fresh Issue
64,94,400 shares (aggregating up to ₹67.54 Cr)
Issue Type
Bookbuilding IPO
Listing At
NSE SME
Share Holding Pre Issue
1,81,73,500 shares
Share Holding Post Issue
2,46,67,900 shares
Market Maker Portion
3,26,400 sharesRikhav Securities Limited

IPO Subscription Details

Market Maker
1
Qualified Institutions
0.74
Non-Institutional Buyers***
2.11
Retail Investors
1.84
Total **
1.43

Day Wise Sub

DayDay 1 May 27, 2025
QIB0.43
NII*0.63
Retail0.75
Total0.60
DayDay 2 May 28, 2025
QIB0.43
NII*1.49
Retail1.10
Total0.89
DayDay 3 May 29, 2025
QIB0.74
NII*2.11
Retail1.84
Total1.43

Day Wise GMP

Date03-06-2025
Price104.00
GMP0(0.00%)
Estimate List Price104
Date02-06-2025
Price104.00
GMP0(0.00%)
Estimate List Price104
Date01-06-2025
Price104.00
GMP0(0.00%)
Estimate List Price104
Date31-05-2025
Price104.00
GMP0(0.00%)
Estimate List Price104
Date30-05-2025
Price104.00
GMP0(0.00%)
Estimate List Price104
Date29-05-2025
Price104.00
GMP0(0.00%)
Estimate List Price104
Date28-05-2025
Price104.00
GMP8(7.69%)
Estimate List Price112
Date27-05-2025
Price104.00
GMP2(1.92%)
Estimate List Price106
Date26-05-2025
Price104.00
GMP0(0.00%)
Estimate List Price104
Date25-05-2025
Price104.00
GMP0(0.00%)
Estimate List Price104
Date24-05-2025
Price104.00
GMP0(0.00%)
Estimate List Price104
Date23-05-2025
Price104.00
GMP0(0.00%)
Estimate List Price104
Date22-05-2025
Price104.00
GMP0(0.00%)
Estimate List Price104
Date21-05-2025
Price104.00
GMP0(0.00%)
Estimate List Price104

IPO Important Dates

IPO Open Date
Tue, May 27, 2025
IPO Close Date
Thu, May 29, 2025
Tentative Allotment
Fri, May 30, 2025
Initiation of Refunds
Mon, Jun 2, 2025
Credit of Shares to Demat
Mon, Jun 2, 2025
Tentative Listing Date
Tue, Jun 3, 2025
Cut-off time for UPI mandate confirmation
5 PM on May 29, 2025

IPO Lot Size

ApplicationRetail (Min)
Lots1
Shares1200
Amount₹1,24,800
ApplicationRetail (Max)
Lots1
Shares1200
Amount₹1,24,800
ApplicationHNI (Min)
Lots2
Shares2,400
Amount₹2,49,600

Financial Information

Period EndedPeriod Ended
31 Dec 202431 Dec 2024
31 Mar 202431 Mar 2024
31 Mar 202331 Mar 2023
Period EndedAssets
31 Dec 2024349.78
31 Mar 2024299.00
31 Mar 2023256.80
Period EndedRevenue
31 Dec 2024272.38
31 Mar 2024346.78
31 Mar 2023401.31
Period EndedProfit After Tax
31 Dec 202415.68
31 Mar 202416.60
31 Mar 20238.65
Period EndedNet Worth
31 Dec 202493.05
31 Mar 202477.37
31 Mar 202354.74
Period EndedReserves and Surplus
31 Dec 202474.88
31 Mar 202459.20
31 Mar 202346.13
Period EndedTotal Borrowing
31 Dec 2024206.71
31 Mar 2024189.24
31 Mar 2023163.02

IPO Reservation

Anchor Investor Shares Offered
8,68,800 (13.38%)
Market Maker Shares Offered
3,26,400 (5.03%)
QIB Shares Offered
12,33,600 (18.99%)
NII (HNI) Shares Offered
9,25,200 (14.25%)
Retail Shares Offered
21,58,800 (33.24%)
Total Shares Offered
64,94,400 (100%)

Information about company

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: Experienced Promoters Expansion into Fluting Media Market Potential Innovative Equipment Strategic Location

Objectives of IPO

The Company Nikita Papers IPO proposes to utilise the Net Proceeds from the Issue towards the following objects: S.No. Objects of the Issue Expected Amount (in Millions) 1 Issue Expenses 2 Capital Expenditure towards setting up of Power Plant 500.00 3 Working Capital Requirement 50.00 4 General Corporate Purposes

Disclaimer

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