Aten Papers & Foam IPO
GMP, Subscription, Price, Dates & Financial Details
Aten Papers & Foam Limited, originally incorporated as "Aten Papers & Foam Private Limited" on January 7, 2019, became a Public Limited Company on May 16, 2024. The company operates as a key intermediary in the paper product supply chain, primarily procuring paper from paper mills and…
Open Date
Fri, 13 Jun 2025
Close Date
Tue, 17 Jun 2025
Price Band
₹ 91 – 96
Lot Size
1200
Issue Size
₹ 31.68 Cr
Minimum Investment
₹ 230,400 (2400 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Aten Papers & Foam IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹31.68 Crore, comprising a fresh issue of 33.00 Lakh equity shares aggregating to ₹31.68 Crore.
The Aten Papers & Foam IPO remained open for subscription from June 13, 2025, to June 17, 2025. The basis of allotment was finalized on June 18, 2025, and the company's shares were listed on BSE SME Platform on June 20, 2025.
The company had fixed the price band at ₹91 to ₹96 per share, with a lot size of 1200 shares. Retail investors were required to make a minimum investment of ₹230,400 (based on the upper price band) to apply for one lot.
Skyline Financial Services Private Ltd served as the registrar to the issue. Swastika Investmart Ltd acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Aten Papers & Foam Limited is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Aten Papers & Foam IPO Timeline (Tentative)
- IPO Open Date
- Fri, 13 Jun 25
- IPO Close Date
- Tue, 17 Jun 25
- Basis of Allotment
- Wed, 18 Jun 25
- Initiation of Refunds
- Thu, 19 Jun 25
- Credit of Shares to Demat
- Thu, 19 Jun 25
- Listing Date
- Fri, 20 Jun 25 — NSE & BSE
Open Date
13 June 2025
Close Date
17 June 2025
Basis Of Allotment
18 June 2025
Listing Date
20 June 2025
IPO Subscription
Check Live Subscription →The Aten Papers & Foam IPO has received bids for 48,42,000 shares against 31,34,400 shares offered, resulting in an overall subscription of 1.54x. the NII category is subscribed 0.77x, Retail Investors 2.18x, and QIBs 2.91x.
QIB
2.91x
NII
0.77x
RII
2.18x
Total
1.54x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 14,90,400 shares, representing 0% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 1,54,800 shares (0%), while Non-Institutional Investors (NIIs) receive 14,89,200 shares (0%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 154,800 | 0% |
| Non-Institutional | 1,489,200 | 0% |
| Retail Investors | 1,490,400 | 0% |
Financials Details(₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 34.9 | 32.92 | 29.62 | 27.85 |
| Revenue | 138.7 | 96.8 | 91 | 89.82 |
| Profit After Tax | 7.01 | 2.78 | 0.5 | 0.76 |
| Net Worth | 14.04 | 7.03 | 4.25 | 3.74 |
| Reserve & Surplus | 7.04 | 6.03 | 3.25 | 2.75 |
| Total Borrowings | 11.13 | 15.67 | 16.03 | 15.44 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Aten Papers & Foam Limited KPI Information
| Particular | KPI as of Mon, Mar 31, 2025. |
|---|---|
| ROE % | 66.53 |
| ROCE % | 43.84 |
| Debt / Equity | 0.79 |
| RoNW % | 49.93 |
| Pat Margin % | 5.06 |
Peers Comparison
No Peer Comparision Available
About Aten Papers & Foam Limited
Aten Papers & Foam Limited, originally incorporated as "Aten Papers & Foam Private Limited" on January 7, 2019, became a Public Limited Company on May 16, 2024. The company operates as a key intermediary in the paper product supply chain, primarily procuring paper from paper mills and selling it to clients in the packaging industry. It also purchases wastepaper from stockists, which is a vital raw material for paper mills. The company offers a diverse range of paper products, including Kraft Paper and Duplex Board, with specifications tailored to customer needs.
The company’s operations are based in Ahmedabad, where it runs a registered office and a godown in Changodar. Aten Papers & Foam serves the domestic market, mainly in Gujarat, and has built its growth on the expertise of its management team. The Promoters, Mr. Mohamedarif Mohamedibrahim Lakhani and Mrs. Amrin Lakhani, have more than two decades of industry experience and have been crucial in the company’s success.
Aten Papers & Foam plans to expand its business by setting up three wastepaper processing units in Ahmedabad, with the goal of processing wastepaper for various paper mills. These units will be located in Changodar, Sanand, and Narol.
The company’s competitive strengths include:
- Experienced Management Team: The management’s extensive experience in the paper industry enables the company to adapt to market demands and innovate.
- Product Variety: The company offers a wide range of paper products, focusing on customized solutions for customers in packaging and printing industries.
- Credibility and Financial Intermediary Role: With a strong credit history and banking relationships, Aten acts as a financial intermediary, providing credit to mills and end-users, which strengthens its negotiation power.
- In-house Logistics: The company owns commercial vehicles to ensure efficient door-to-door delivery and minimize transportation costs.
- Ready Stock: Aten maintains a large inventory of paper products, ensuring consistent availability and timely delivery to customers throughout the year.
Overall, Aten Papers & Foam Limited is well-positioned for growth and profitability in the dynamic paper industry, supported by its experienced leadership, strong supply chain, and innovative strategies.
Aten Papers & Foam IPO Promoters
- Mr. Mohamedarif Mohamedibrahim Lakhani
- Mrs. Amrin Lakhani
Promoters Holding
Holding Pre Issue
99.99%
Holding Post Issue
0.00%
Aten Papers & Foam IPO Objective
The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:
- Capital Expenditure
- To Meet Working Capital Requirements
- General Corporate Purposes
Aten Papers & Foam Limited Address / Contact Details
Aten Papers & Foam Limited
Block-A, 102/A, F. F, Tirmizi Heights,
Opp Bombay Housing Colony,
Near Kirtikunj Society,
Ahmedabad-380028, Gujarat
Phone: +91-9537861212
Email: cs@atenpapers.com
Website: http://www.atenpapers.com/
IPO Snapshot
Aten Papers & Foam IPO Lot Size
The Aten Papers & Foam IPO has a lot size of 1,200 shares. Retail investors require a minimum investment of ₹1,15,200 by applying for 1 lot (1,200 shares). The maximum application allowed for the retail category is 1 lots (1,200 shares), requiring an investment of ₹1,15,200.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | 115,200.00 |
| Retail (Max) | 1 | 1,200 | 115,200.00 |
| S-HNI (Min) | 2 | 2,400 | 230,400.00 |
Issue Reservation
Book Running Lead Managers
- Swastika Investmart Ltd
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Aten Papers & Foam IPO?
Aten Papers & Foam IPO is a Book-building IPO with a total issue size of ₹31.68 crore. The Aten Papers & Foam IPO price band is ₹91 to 96 per share. The Aten Papers & Foam IPO subscription opens on Fri, Jun 13, 2025, and closes on Tue, Jun 17, 2025. The Aten Papers & Foam IPO will be listed on the BSE. Skyline Financial Services Private Ltd is the registrar for the Aten Papers & Foam IPO.
When will the Aten Papers & Foam IPO open for subscription?
The Aten Papers & Foam IPO opens on Fri, Jun 13, 2025 and closes on Tue, Jun 17, 2025
What is Aten Papers & Foam IPO Price Band?
Aten Papers & Foam IPO Price Band is ₹91 to 96 per share.
What is Aten Papers & Foam IPO Lot Size?
Aten Papers & Foam IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹230400 based on the upper price band
What is the minimum investment for Aten Papers & Foam IPO?
The minimum investment for Aten Papers & Foam IPO is ₹230400, based on one lot of 1200 shares at the upper price band of ₹96 per share.
How to apply for Aten Papers & Foam IPO?
Investors can apply for the Aten Papers & Foam IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Tue, Jun 17, 2025. The application amount remains blocked until the Aten Papers & Foam IPO allotment is finalized.
What is Aten Papers & Foam IPO Issue Size?
Aten Papers & Foam IPO issue size is ₹31.68 crores.
What is the Aten Papers & Foam IPO Allotment Date?
Aten Papers & Foam IPO allotment date is Wed, Jun 18, 2025.
Who is the Aten Papers & Foam IPO Registrar?
The registrar for Aten Papers & Foam IPO is Skyline Financial Services Private Ltd. Investors can go to Skyline Financial Services Private Ltd website to check Aten Papers & Foam IPO allotment status, refund processing, and other IPO-related information.
What is the Aten Papers & Foam IPO GMP?
The Aten Papers & Foam IPO GMP (Grey Market Premium) is ₹10 as of Tue, Jun 17, 2025. Based on the upper price band of ₹96 per share, the estimated Aten Papers & Foam IPO listing price is ₹106, indicating a potential listing gain of approximately 10.42% over the issue price.
Who is the Aten Papers & Foam IPO Lead Manager?
The book-running lead managers (BRLMs) for the Aten Papers & Foam IPO are Swastika Investmart Ltd. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Aten Papers & Foam IPO Red Herring Prospectus (RHP).