Shreenath Paper IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Feb 25 to Feb 28 2025
Price Band
₹44
Current GMP
₹35.2(-20.00%)
Subscription
1.85 times
IPO Details
| IPO Date | February 25, 2025 to February 28, 2025 |
| Listing Date | March 5, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹44 per share |
| Lot Size | 3,000 Shares |
| Total Issue Size | 53,10,000 shares (aggregating up to ₹23.36 Cr) |
| Fresh Issue | 53,10,000 shares (aggregating up to ₹23.36 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,43,44,200 shares |
| Share Holding Post Issue | 1,96,54,200 shares |
| Market Maker Portion | 2,82,000 sharesPure Broking Private Limited |
IPO Date
February 25, 2025 to February 28, 2025
Listing Date
March 5, 2025
Face Value
₹10 per share
Issue Price
₹44 per share
Lot Size
3,000 Shares
Total Issue Size
53,10,000 shares (aggregating up to ₹23.36 Cr)
Fresh Issue
53,10,000 shares (aggregating up to ₹23.36 Cr)
Issue Type
Fixed Price Issue IPO
Listing At
BSE SME
Share Holding Pre Issue
1,43,44,200 shares
Share Holding Post Issue
1,96,54,200 shares
Market Maker Portion
2,82,000 sharesPure Broking Private Limited
IPO Subscription Details
| Market Maker | 1 |
| Non-Institutional Buyers*** | 0.52 |
| Retail Investors | 3.18 |
| Total ** | 1.85 |
Market Maker
1
Non-Institutional Buyers***
0.52
Retail Investors
3.18
Total **
1.85
Day Wise Sub
| Day | NII* | Retail | Total |
|---|---|---|---|
| Day 1 Feb 25, 2025 | 0.02 | 0.28 | 0.15 |
| Day 2 Feb 27, 2025 | 0.09 | 1.18 | 0.63 |
| Day 3 Feb 28, 2025 | 0.52 | 3.18 | 1.85 |
DayDay 1
Feb 25, 2025
NII*0.02
Retail0.28
Total0.15
DayDay 2
Feb 27, 2025
NII*0.09
Retail1.18
Total0.63
DayDay 3
Feb 28, 2025
NII*0.52
Retail3.18
Total1.85
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 05-03-2025 | 44.00 | 0(0.00%) | 44 |
| 04-03-2025 | 44.00 | 0(0.00%) | 44 |
| 03-03-2025 | 44.00 | 0(0.00%) | 44 |
| 02-03-2025 | 44.00 | 3(6.82%) | 47 |
| 01-03-2025 | 44.00 | 3(6.82%) | 47 |
| 28-02-2025 | 44.00 | 3(6.82%) | 47 |
| 27-02-2025 | 44.00 | 5(11.36%) | 49 |
| 26-02-2025 | 44.00 | 0(0.00%) | 44 |
| 25-02-2025 | 44.00 | 0(0.00%) | 44 |
| 24-02-2025 | 44.00 | 0(0.00%) | 44 |
| 23-02-2025 | 44.00 | 0(0.00%) | 44 |
| 22-02-2025 | 44.00 | 0(0.00%) | 44 |
| 21-02-2025 | 44.00 | 0(0.00%) | 44 |
| 20-02-2025 | 44.00 | 0(0.00%) | 44 |
Date05-03-2025
Price44.00
GMP0(0.00%)
Estimate List Price44
Date04-03-2025
Price44.00
GMP0(0.00%)
Estimate List Price44
Date03-03-2025
Price44.00
GMP0(0.00%)
Estimate List Price44
Date02-03-2025
Price44.00
GMP3(6.82%)
Estimate List Price47
Date01-03-2025
Price44.00
GMP3(6.82%)
Estimate List Price47
Date28-02-2025
Price44.00
GMP3(6.82%)
Estimate List Price47
Date27-02-2025
Price44.00
GMP5(11.36%)
Estimate List Price49
Date26-02-2025
Price44.00
GMP0(0.00%)
Estimate List Price44
Date25-02-2025
Price44.00
GMP0(0.00%)
Estimate List Price44
Date24-02-2025
Price44.00
GMP0(0.00%)
Estimate List Price44
Date23-02-2025
Price44.00
GMP0(0.00%)
Estimate List Price44
Date22-02-2025
Price44.00
GMP0(0.00%)
Estimate List Price44
Date21-02-2025
Price44.00
GMP0(0.00%)
Estimate List Price44
Date20-02-2025
Price44.00
GMP0(0.00%)
Estimate List Price44
IPO Important Dates
| 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 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 February 28, 2025
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹1,32,000 |
| Retail (Max) | 1 | 3000 | ₹1,32,000 |
| HNI (Min) | 2 | 6,000 | ₹2,64,000 |
ApplicationRetail (Min)
Lots1
Shares3000
Amount₹1,32,000
ApplicationRetail (Max)
Lots1
Shares3000
Amount₹1,32,000
ApplicationHNI (Min)
Lots2
Shares6,000
Amount₹2,64,000
Financial Information
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 62.25 | 60.34 | 50.95 |
| Revenue | 78.62 | 189.67 | 206.7 |
| Profit After Tax | 2.41 | 4.39 | 4.38 |
| Net Worth | 21.34 | 18.93 | 10.54 |
| Reserves and Surplus | 6.99 | 4.59 | 9.8 |
| Total Borrowing | 31.37 | 28.89 | 25.01 |
Period EndedPeriod Ended
31 Dec 202431 Dec 2024
31 Mar 202431 Mar 2024
31 Mar 202331 Mar 2023
Period EndedAssets
31 Dec 202462.25
31 Mar 202460.34
31 Mar 202350.95
Period EndedRevenue
31 Dec 202478.62
31 Mar 2024189.67
31 Mar 2023206.7
Period EndedProfit After Tax
31 Dec 20242.41
31 Mar 20244.39
31 Mar 20234.38
Period EndedNet Worth
31 Dec 202421.34
31 Mar 202418.93
31 Mar 202310.54
Period EndedReserves and Surplus
31 Dec 20246.99
31 Mar 20244.59
31 Mar 20239.8
Period EndedTotal Borrowing
31 Dec 202431.37
31 Mar 202428.89
31 Mar 202325.01
IPO Reservation
| Anchor Investor Shares Offered | - |
| Market Maker Shares Offered | 2,82,000 (5.31%) |
| Other Shares Offered | 25,14,000 (47.34%) |
| Retail Shares Offered | 25,14,000 (47.34%) |
| Total Shares Offered | 53,10,000 (100%) |
Anchor Investor Shares Offered
-
Market Maker Shares Offered
2,82,000 (5.31%)
Other Shares Offered
25,14,000 (47.34%)
Retail Shares Offered
25,14,000 (47.34%)
Total Shares Offered
53,10,000 (100%)
Information about company
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.
Coated Paper and Board: The company supplies coated paper used for printing annual reports, brochures, magazines, and posters, as well as for manufacturing labels, stickers, and sachets, offering improved print quality and durability.
Coating Base: The company supplies sublimation, thermal, and NCR base papers for various applications, including textile printing, thermal printing, and carbonless copy paper, ensuring high-quality prints and efficient processes for diverse industries.
Speciality Paper: The company supplies specialty papers such as parchment, ledger, rail bond, cup stock, MG poster, carry bag, and natural shade paper, each serving unique purposes in industries like baking, transportation, and packaging.
Cream wove paper: The company supplies premium cream wove papers like Optima, Kappa-G, and Fine Print, offering smooth textures and high printability for brochures, invitations, packaging, and luxury promotional materials across various industries.
As of December 31, 2024, the company had 9 employees.
Competitive Strengths:
Extensible Business Model
Strong Network of supplier
Multiproduct Portfolio and ability to identify customer requirements
Strong relationships with key customers
Experienced management team with an established track record
Track record of financial performance
Objectives of IPO
The Company proposes to utilize the Net Proceeds from the Issue towards the following objects:
Meeting incremental working capital requirements
General corporate purposes
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever
Please read all Tearms and conditions , and agree to use the App