Subam Papers IPO
Open SmeCurrent GMP
₹12 (+7.89%)
Price Band
₹ 144 – 152
Lot Size
800
Issue Size
₹93.7 Cr
Minimum Investment
₹243200 (1600 Shares)
Listing Date
08 October 2024
Subscription
93.01x
About the Company
Subam Papers specializes in manufacturing Kraft paper and paper products, establishing itself as a provider of packaging solutions. Unlike conventional paper manufacturers, the company relies on waste paper as its primary raw material, rather than wood pulp. Its products are extensively used across various industries, including automotive, textiles, FMCG, food, distilleries, pharmaceuticals, electrical and electronics, and printing, where effective packaging is essential.
The company produces Kraft Paper and Duplex Boards in a range of colors, with a GSM (grams per square meter) spectrum from 120 to 300, a Bursting Factor between 16 and 35, and Deckle sizes ranging from 2,000 MM to 4,400 MM, along with reel diameters of up to 1,400 MM. They also operate a large raw material storage facility, ensuring a steady supply for the consistent production of high-quality packaging products. As of September 2024, Subam Papers employs 500 permanent staff members.
In the fiscal year 2024, the company had an installed capacity for Kraft Paper of 300 metric tons per day (MTPD), translating to an annual capacity of 93,600 tons. During this period, utilization reached 93,081 tons. In comparison, the utilization figures for the fiscal years ending March 31, 2023, and March 31, 2022, were 83,691 tons and 82,371 tons, respectively.
Promoters
- Mr. T Balakumar
- Ms. Sudha Alagarsamy.
Promoters Holding
Holding Pre Issue
94.81%
Holding Post Issue
69.67%
Objects of the Issue
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
Address / Contact Info
Subam Papers Limited
S.F.No.143-146 Vaduganpatti
Village Nadukallur to Tirunelveli,
Tirunelveli, Tirunelveli Taluk- 627010,
Phone: +91-9486303300
Email: info@subampapers.com
Website: http://www.subampapers.com
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Monday, 30 September 2024
IPO Close Date
Thursday, 03 October 2024
Basis of Allotment
Friday, 04 October 2024
Initiation of Refunds
Monday, 07 October 2024
Credit of Shares to Demat
Monday, 07 October 2024
Listing Date
Tuesday, 08 October 2024 — NSE & BSE
Important Dates
Open Date
30 September 2024
Close Date
03 October 2024
Basis Of Allotment
04 October 2024
Listing Date
08 October 2024
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 46046.1 | 41434.65 | 39418.33 |
| Revenue | 49697.31 | 51062.36 | 33259.87 |
| Profit After Tax | 3341.8 | -26.79 | 2600.23 |
| Net Worth | 19904.12 | 16562.32 | 16589.11 |
| Reserve & Surplus | 19741.35 | 16399.55 | 16426.34 |
| Total Borrowings | 18340.77 | 16282.61 | 15573.37 |
EPS Pre
19.57%
EPS Post
14.38%
P/E Pre
7.77
P/E (Post Issue)
10.57x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of March 31, 2024. |
|---|---|
| ROE % | 16.79 |
| ROCE % | 20.84 |
| Debt / Equity | 0.92 |
| RoNW % | 16.79 |
| PbW | 1.24 |
| Pat Margin % | 6.77 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Anchor Investors | 1756800 | 28.5 | 0 |
| Market Maker | 308800 | 5.01 | 0 |
| Qualified Institutions | 1171200 | 19 | 0 |
| Non-Institutional | 878400 | 14.25 | 0 |
| Retail Investors | 2049600 | 33.25 | 0 |
| Total | 6164800 | 100 | 0 |
Subscription Status ( Thu, 03 Oct 24 12:37 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 1171200 | 66974400 | 57.18x |
| Non-Institutional | 878400 | 213902400 | 243.51x |
| Retail Investors | 2049600 | 100378400 | 48.97x |
| Total | 4099200 | 381255200 | 93.01x |
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 | 800 | 121,600.00 |
| Retail (Max) | 1 | 800 | 121,600.00 |
| S-HNI (Min) | 2 | 1,600 | 243,200.00 |
Registrar
Bigshare Services Pvt Ltd
91-22-6263 8200
investor@bigshareonline.com
https://www.bigshareonline.com
Book Running Lead Managers
- Gretex Corporate Services 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.
Subam Papers IPO is a Book-building IPO worth ₹93.7 crores. The price band is ₹144 to 152 per share. The IPO opens on Mon, Sep 30, 2024 and closes on Thu, Oct 3, 2024. It will be listed on BSE and NSE. Bigshare Services Pvt Ltd is the registrar.
The Subam Papers IPO opens on Mon, Sep 30, 2024 and closes on Thu, Oct 3, 2024
Subam Papers IPO Price Band is ₹144 to 152.
Subam Papers IPO lot size is 800, and the minimum amount required for application is ₹243200.
The minimum investment for Subam Papers IPO is approximately ₹243200 based on the upper price band.
To apply for the Subam 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, Oct 3, 2024. After submission, funds are blocked until the basis of allotment of Subam Papers IPO is finalised.
Subam Papers IPO issue size is ₹93.7 crores.
Subam Papers IPO allotment date is Sat, Jun 27, 2026.
The registrar for Subam Papers 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 Subam Papers IPO through their official website or helpline.
The Subam Papers IPO GMP (Grey Market Premium) is ₹12 as of Tue, Oct 8, 2024. Based on the upper price band of ₹152 per share, the estimated Subam Papers IPO listing price is ₹164, indicating a potential listing gain of approximately 31% over the issue price.