Shreenath Paper IPO
Open SmeCurrent GMP
₹3 (+6.82%)
Price Band
₹ 44 – 44
Lot Size
3000
Issue Size
₹23.36 Cr
Minimum Investment
₹264000 (6000 Shares)
Listing Date
05 March 2025
Subscription
1.91x
About the Company
Shreenath Paper Products Limited was incorporated on October 10, 2011, as "Shreenath Paper Products Private Limited" and later converted into a public limited company in April 2023. The company initially took over the business of M/s. Shrinath Papers, a proprietorship concern, following an MoU in December 2011.
The company specializes in providing supply chain solutions to industries that use various types of paper as key raw materials, such as coating-based paper, food-grade paper, machine-glazed paper, and pressure-sensitive adhesive (PSA) paper. They supply a wide range of paper products, including sublimation base paper, thermal base paper, cup stock paper, poster paper, and more. These papers are used in industries such as FMCG, textiles, pharmaceuticals, food & beverages, automobiles, e-commerce, and packaging. The company sources its paper products from manufacturers who specialize in these types and ensures quality through sample testing and procurement.
The company operates primarily in the domestic markets, focusing on Maharashtra, Gujarat, and Madhya Pradesh, and their paper products are made from recycled materials, agricultural waste (bagasse), and virgin pulp.
Shreenath Paper Products attributes its growth to its experienced management team, including promoters Alok Parekh, Ronak Parekh, Navneetdas Parekh, and Harish Parekh. Their leadership and industry knowledge have been key to the company’s strategic growth and adaptation to changing market trends.
Promoters
- Alok Parekh
- Ronak Parekh
- Navneetdas Parekh
- Hasumati Navneetdas Parekh
- Harish Parekh
- Hasumati Harish Parekh
- Neha Parekh
- Sayali Parekh
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
72.98%
Objects of the Issue
The Company proposes to utilize the Net Proceeds from the Issue towards the following objects:
- Meeting incremental working capital requirements
- General corporate purposes
Address / Contact Info
Shreenath Paper Products Limited
Shop no. 5, Plot no.136, N-1,
Masco Corner Api Road, Cidco,
Aurangabad - 431003
Maharashtra
Phone: +91 0240-2489888
Email: info@shreenathpaper.com
Website: https://shreenathpaper.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Tuesday, 25 February 2025
IPO Close Date
Friday, 28 February 2025
Basis of Allotment
Monday, 03 March 2025
Initiation of Refunds
Tuesday, 04 March 2025
Credit of Shares to Demat
Tuesday, 04 March 2025
Listing Date
Wednesday, 05 March 2025 — NSE & BSE
Important Dates
Open Date
25 February 2025
Close Date
28 February 2025
Basis Of Allotment
03 March 2025
Listing Date
05 March 2025
Financial Performance (₹ in Crores)
| Particular | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 62.25 | 60.34 | 50.95 | 30.82 |
| Revenue | 78.62 | 189.67 | 206.7 | 141.75 |
| Profit After Tax | 2.41 | 4.39 | 4.38 | 1.34 |
| Net Worth | 21.34 | 18.93 | 10.54 | 5.65 |
| Reserve & Surplus | 6.99 | 4.59 | 9.8 | 4.97 |
| Total Borrowings | 31.37 | 28.89 | 25.01 | 16.73 |
EPS Pre
3.06%
EPS Post
1.63%
P/E Pre
14.37
P/E (Post Issue)
26.97x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of Mar 31, 2024. |
|---|---|
| ROE % | 23.19 |
| ROCE % | 19.32 |
| Debt / Equity | 0 |
| RoNW % | 23.19 |
| PbW | 3.33 |
| Pat Margin % | 2.36 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Non-Institutional | 2514000 | 50 | 0 |
| Retail Investors | 2514000 | 50 | 0 |
| Total | 5028000 | 100 | 0 |
Subscription Status ( Fri, 28 Feb 25 01:10 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 0 | 0 | 0x |
| Non-Institutional | 2514000 | 1599000 | 0.64x |
| Retail Investors | 2514000 | 8004000 | 3.18x |
| Total | 5028000 | 9603000 | 1.91x |
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 | 3,000 | 132,000.00 |
| Retail (Max) | 1 | 3,000 | 132,000.00 |
| S-HNI (Min) | 2 | 6,000 | 264,000.00 |
Registrar
Bigshare Services Pvt Ltd
91-22-6263 8200
investor@bigshareonline.com
https://www.bigshareonline.com
Book Running Lead Managers
- Galactico Corporate Services Limited
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.
Shreenath Paper IPO is a Fixed price IPO worth ₹23.36 crores. The price band is ₹44 to 44 per share. The IPO opens on Tue, Feb 25, 2025 and closes on Fri, Feb 28, 2025. It will be listed on BSE and NSE. Bigshare Services Pvt Ltd is the registrar.
The Shreenath Paper IPO opens on Tue, Feb 25, 2025 and closes on Fri, Feb 28, 2025
Shreenath Paper IPO Price Band is ₹44 to 44.
Shreenath Paper IPO lot size is 3000, and the minimum amount required for application is ₹264000.
The minimum investment for Shreenath Paper IPO is approximately ₹264000 based on the upper price band.
To apply for the Shreenath Paper 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 Fri, Feb 28, 2025. After submission, funds are blocked until the basis of allotment of Shreenath Paper IPO is finalised.
Shreenath Paper IPO issue size is ₹23.36 crores.
Shreenath Paper IPO allotment date is Sat, Jun 27, 2026.
The registrar for Shreenath Paper IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website for IPO allotment status, refund processing, and other queries related to Shreenath Paper IPO through their official website or helpline.
The Shreenath Paper IPO GMP (Grey Market Premium) is ₹3 as of Mon, Mar 3, 2025. Based on the upper price band of ₹44 per share, the estimated Shreenath Paper IPO listing price is ₹47, indicating a potential listing gain of approximately 31% over the issue price.