Nikita Papers IPO
Open SmeCurrent GMP
₹8 (+7.69%)
Price Band
₹ 95 – 104
Lot Size
1200
Issue Size
₹67.54 Cr
Minimum Investment
₹249600 (2400 Shares)
Listing Date
03 June 2025
Subscription
1.83x
About the Company
Nikita Papers Limited, incorporated in 1989, is a leading Indian manufacturer of recycled kraft paper, with a strong focus on sustainability and quality. Initially established as a private limited company, it became a public limited entity in 2003. The company operates from its registered office in New Delhi and its manufacturing unit in Shamli, Uttar Pradesh. It is led by Mr. Ashok Kumar Bansal, who brings over 35 years of experience, including more than 25 years in the paper industry.
The company began operations in 1991 with a kraft paper manufacturing unit in Shamli, starting at a capacity of 30 tons per day. Through consistent expansion and modernization, Nikita Papers has scaled its installed production capacity to approximately 1,33,000 metric tons per annum. It manufactures kraft paper in the 80–200 GSM range, with various Burst Factor (B.F.) grades, catering to a wide array of industrial, commercial, and packaging applications. The company's products are known for their high tensile and ductile strength, making them ideal for eco-friendly packaging and wrapping solutions.
Nikita Papers emphasizes environmentally sustainable manufacturing, primarily using recycled materials, and employs advanced equipment to maintain high production standards while minimizing environmental impact. With a total workforce of 201 employees as of March 31, 2024, the company serves both domestic and international markets, backed by a strong distribution network.
The company’s competitive strengths include experienced leadership, diverse product offerings, strategic location, expansion into fluting media, and innovative equipment, positioning it as a prominent player in India’s kraft paper manufacturing sector.
Promoters
- Mr. Ashok Kumar Bansal
- Mr. Sudhir Kumar Bansal
- Mr. Ayush Bansal
- Mr. Abhinav Bansal
- Mr. Anuj Bansal
- Ashok Kumar Bansal & Sons HUF
- Naresh Chand Bansal & Sons HUF
- Sudhir Kumar Bansal & Sons HUF
- Ayush Bansal & Sons HUF
- Abhinav Bansal & Sons HUF
- Anuj Bansal & Sons HUF
Promoters Holding
Holding Pre Issue
29.76%
Holding Post Issue
21.89%
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
- To meet Capital expenditure towards setting up a Power Plant
- To meet out the Working Capital requirements of the Company;
- To meet out the General Corporate Purposes; and
- To meet out the Issue Expenses.
Address / Contact Info
Nikita Papers Limited
A-10 Floor 1st Land Mark Near
Deepali Chowk Saraswati Vihar,
Pitampura, North West,
New Delhi, 110034
Phone: +91-7300712189
Email: info@nikitapapers.com
Website: http://www.nikitapapers.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Tuesday, 27 May 2025
IPO Close Date
Thursday, 29 May 2025
Basis of Allotment
Friday, 30 May 2025
Initiation of Refunds
Monday, 02 June 2025
Credit of Shares to Demat
Monday, 02 June 2025
Listing Date
Tuesday, 03 June 2025 — NSE & BSE
Important Dates
Open Date
27 May 2025
Close Date
29 May 2025
Basis Of Allotment
30 May 2025
Listing Date
03 June 2025
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 299 | 256.8 | 235.3 |
| Revenue | 346.78 | 401.31 | 358.49 |
| Profit After Tax | 16.6 | 8.65 | 6.95 |
| Net Worth | 77.37 | 54.74 | 46.1 |
| Reserve & Surplus | 59.2 | 46.13 | 37.48 |
| Total Borrowings | 189.24 | 163.02 | 124.74 |
EPS Pre
9.13%
EPS Post
6.73%
P/E Pre
11.39
P/E (Post Issue)
15.46x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of Sun, Mar 31, 2024. |
|---|---|
| ROE % | 21.45 |
| ROCE % | 28.71 |
| Debt / Equity | 0.45 |
| RoNW % | 21.46 |
| PbW | 0 |
| Pat Margin % | 4.79 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 1233600 | 0 | 0 |
| Non-Institutional | 925200 | 0 | 0 |
| Retail Investors | 2158800 | 0 | 0 |
| Total | 4317600 | 0 | 0 |
Subscription Status ( Thu, 29 May 25 01:15 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 1233600 | 1640400 | 1.33x |
| Non-Institutional | 925200 | 2282400 | 2.47x |
| Retail Investors | 2158800 | 3966000 | 1.84x |
| Total | 4317600 | 7888800 | 1.83x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | 124,800.00 |
| Retail (Max) | 1 | 1,200 | 124,800.00 |
| S-HNI (Min) | 2 | 2,400 | 249,600.00 |
Registrar
Skyline Financial Services Private Ltd
02228511022
info@skylinerta.com
https://www.skylinerta.com
Book Running Lead Managers
- Fast Track Finsec Pvt Ltd
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Nikita Papers IPO is a Book-building IPO worth ₹67.54 crores. The price band is ₹95 to 104 per share. The IPO opens on Tue, May 27, 2025 and closes on Thu, May 29, 2025. It will be listed on BSE and NSE. Skyline Financial Services Private Ltd is the registrar.
The Nikita Papers IPO opens on Tue, May 27, 2025 and closes on Thu, May 29, 2025
Nikita Papers IPO Price Band is ₹95 to 104.
Nikita Papers IPO lot size is 1200, and the minimum amount required for application is ₹249600.
The minimum investment for Nikita Papers IPO is approximately ₹249600 based on the upper price band.
To apply for the Nikita Papers IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Thu, May 29, 2025. After submission, funds are blocked until the basis of allotment of Nikita Papers IPO is finalised.
Nikita Papers IPO issue size is ₹67.54 crores.
Nikita Papers IPO allotment date is Sat, Jun 27, 2026.
The registrar for Nikita Papers IPO is Skyline Financial Services Private Ltd. Investors can go to Skyline Financial Services Private Ltd website for IPO allotment status, refund processing, and other queries related to Nikita Papers IPO through their official website or helpline.
The Nikita Papers IPO GMP (Grey Market Premium) is ₹8 as of Thu, May 29, 2025. Based on the upper price band of ₹104 per share, the estimated Nikita Papers IPO listing price is ₹112, indicating a potential listing gain of approximately 31% over the issue price.