Subam Papers IPO

Incorporated in October 2006, 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. The company 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. The company has received the EN ISO 9001:2015 certificate for the manufacturing and marketing of packaging paper in 2023 Competitive Strength Paper waste recycle and Sustainable packaging solutions. Investment in water pumping stations and connecting pipelines, ensuring efficient water distribution throughout the facility. The strategic location near the Thamirabarani River, just 6 km away, provides a distinct advantage. Use of ERP Technology to track and control inventory Fully automated manufacturing process enhancing productivity As of September 2024, the company had 500 permanent employees.  

The Company intends to utilize the Net Fresh Issue Proceeds for the following Objects (“Objects of the Issue”): Investment in a Subsidiary for Financing its Capital Expenditure requirements General Corporate Purposes

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