Twinkle Papers IPO
Open SmeCurrent GMP
₹9 (+13.04%)
Price Band
₹ 64 – 69
Lot Size
2000
Issue Size
₹28 Cr
Minimum Investment
₹276000 (4000 Shares)
Listing Date
06 July 2026
Subscription
-
About the Company
Established on September 27, 1995, Twinkle Papers Limited is a leading manufacturer of packaging and material handling products, serving a wide range of industries across India. The company specializes in the production of corrugated packaging solutions and polymer-based molded products, catering to sectors such as food and beverages, dairy, pharmaceuticals, textiles, construction chemicals, healthcare, chemicals, and refineries.
The company utilizes advanced manufacturing technologies, including blow molding, injection molding, and rotational molding, to develop high-quality and durable packaging products. Its extensive product portfolio includes:
- Corrugated boxes
- Multi-color printed fiberboard cartons
- HDPE drums and jerry cans
- Plastic crates
- Heavy-duty pallets
- Molded plastic furniture
- Dustbins
- Lids, handles, and other ancillary industrial packaging components
All products are marketed under the “Twinkle” brand and are designed to meet the diverse packaging and logistics requirements of industrial customers.
Twinkle Papers Limited manufactures its polymer-based products using HDPE (High-Density Polyethylene) and LLDPE (Linear Low-Density Polyethylene) plastic granules. The company’s in-house Research and Development (R&D) team works closely with clients to develop customized packaging and material-handling solutions tailored to specific operational needs.
The company’s manufacturing facilities operate in compliance with ISO 9001:2015 quality management standards, ensuring consistent product quality, process efficiency, and customer satisfaction.
As of December 31, 2025, Twinkle Papers Limited employed 119 personnel, supporting its manufacturing, research, quality control, and business operations.
Promoters
- Mr. Amit Jain
- Mr. Ayush Jain
- Ms. Ruchi Jain
Promoters Holding
Holding Pre Issue
98.99%
Holding Post Issue
72.94%
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects.
- To meet out the capital expenditure for expansion at the existing manufacturing facility by purchase of new machinery
- To repayment of portion of loans availed by our Company
- To meet the Working Capital requirements of the Company
- To meet the General Corporate Purposes
Address / Contact Info
Twinkle Papers Ltd. Address
Ludhiana Roadmalerkotla
Distt Sangrur
Malerkotla, Punjab, 148023
Tel. No.: 01675-351790
E-mail: amit@twinklepapers.com
Website:https://twinklepapers.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Monday, 29 June 2026
IPO Close Date
Wednesday, 01 July 2026
Basis of Allotment
Thursday, 02 July 2026
Initiation of Refunds
Friday, 03 July 2026
Credit of Shares to Demat
Friday, 03 July 2026
Listing Date
Monday, 06 July 2026 — NSE & BSE
Important Dates
Open Date
29 June 2026
Close Date
01 July 2026
Basis Of Allotment
02 July 2026
Listing Date
06 July 2026
Financial Performance (₹ in Crores)
| Particular | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 93.37 | 75.38 | 61.22 | 50.64 |
| Revenue | 73.13 | 83.98 | 58.75 | 54.96 |
| Profit After Tax | 5.4 | 3.33 | 1.61 | 0.9 |
| Net Worth | 24.94 | 19.54 | 11.07 | 9.46 |
| Reserve & Surplus | 13.77 | 8.37 | 10.13 | 8.52 |
| Total Borrowings | 13.77 | 40.79 | 33.88 | 29.62 |
EPS Pre
2.98%
EPS Post
4.75%
P/E Pre
23.16
P/E (Post Issue)
14.52x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | Dec 2025 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|
| ROE % | 21.66 | 17.75 | 14.41 | 9.51 |
| ROCE % | 18.82 | 22.83 | 29.96 | 20.48 |
| Debt / Equity | 2.15 | 2.09 | 3.06 | 3.13 |
| RoNW % | 21.66 | 17.75 | 14.41 | 9.51 |
| PbW | 0 | 0 | 0 | 0 |
| Pat Margin % | 7.49 | 4.25 | 2.76 | 1.65 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 190000 | 5.02 | 0 |
| Non-Institutional | 1798000 | 47.47 | 0 |
| BNII | 1198667 | 31.64 | 0 |
| SNII | 599333 | 15.82 | 0 |
| Retail Investors | 1800000 | 47.52 | 0 |
| Total | 3788000 | 100 | 0 |
Subscription Status
Subscriptions figures are shown once IPO opens.
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Twinkle Papers Ltd | 10 | 0.00 | 2.36 | 2.36 | 11.89 | 19.86 |
| TPL Plastech Ltd | 2 | 39.54 | 1.58 | 1.58 | 8.10 | 19.50 |
| Prima Plastic Ltd | 10 | 22.07 | 4.54 | 4.54 | 6.40 | 71.05 |
| Pyramid Technoplast Ltd | 10 | 40.61 | 3.83 | 3.83 | 5.38 | 71.11 |
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | 276,000.00 |
| Retail (Max) | 2 | 4,000 | 276,000.00 |
| S-HNI (Min) | 3 | 6,000 | 414,000.00 |
| S-HNI (Max) | 7 | 14,000 | 966,000.00 |
| B-HNI (Min) | 8 | 16,000 | 1,104,000.00 |
Registrar
Alankit Assignments Ltd
011-42541234 / 23541234
info@alankit.com
https://www.alankit.com
Book Running Lead Managers
- NOVUS CAPITAL ADVISORS PRIVATE 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.
Twinkle Papers IPO is a Book-building IPO worth ₹28 crores. The price band is ₹64 to 69 per share. The IPO opens on Mon, Jun 29, 2026 and closes on Wed, Jul 1, 2026. It will be listed on BSE and NSE. Alankit Assignments Ltd is the registrar.
The Twinkle Papers IPO opens on Mon, Jun 29, 2026 and closes on Wed, Jul 1, 2026
Twinkle Papers IPO Price Band is ₹64 to 69.
Twinkle Papers IPO lot size is 2000, and the minimum amount required for application is ₹276000.
The minimum investment for Twinkle Papers IPO is approximately ₹276000 based on the upper price band.
To apply for the Twinkle 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 Wed, Jul 1, 2026. After submission, funds are blocked until the basis of allotment of Twinkle Papers IPO is finalised.
Twinkle Papers IPO issue size is ₹28 crores.
Twinkle Papers IPO allotment date is Sat, Jun 27, 2026.
The registrar for Twinkle Papers IPO is Alankit Assignments Ltd. Investors can go to Alankit Assignments Ltd website for IPO allotment status, refund processing, and other queries related to Twinkle Papers IPO through their official website or helpline.
The Twinkle Papers IPO GMP (Grey Market Premium) is ₹9 as of Sat, Jun 27, 2026. Based on the upper price band of ₹69 per share, the estimated Twinkle Papers IPO listing price is ₹78, indicating a potential listing gain of approximately 31% over the issue price.