Aten Papers & Foam IPO Details
The Aten Papers & Foam IPO is a book build issue with a total issue size of ₹31.68 cr, comprising of fresh issue of 3300000 equity shares. Aten Papers & Foam IPO opened for subscription on Jun 13, 2025 and closed on Jun 17, 2025. Aten Papers & Foam IPO is set price band at ₹91 to ₹96 per share, with a lot size of 1200 shares. Minimum investment for Retail investors was ₹230,400.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Jun 18, 2025, and listed on both the NSE and BSE on Jun 20, 2025.
Skyline Financial Services Private Ltd has been appointed as the registrar. Swastika Investmart Ltd are the Book Running Lead Manager for the issue.
Before investing in the Aten Papers & Foam IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 91 – 96
- Lot Size
- 1200
- Issue Size
- ₹31.68 Cr
- Minimum Investment
- ₹230400 (2400 Shares)
- Listing Date
- 20 June 2025
Current GMP
₹10 (+10.42%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
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
Address / Contact Info
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
Book Running Lead Managers
- Swastika Investmart Ltd
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.
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.
The Aten Papers & Foam IPO opens on Fri, Jun 13, 2025 and closes on Tue, Jun 17, 2025
Aten Papers & Foam IPO Price Band is ₹91 to 96 per share.
Aten Papers & Foam IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹230400 based on the upper price band
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.
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.
Aten Papers & Foam IPO issue size is ₹31.68 crores.
Aten Papers & Foam IPO allotment date is Wed, Jul 1, 2026.
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.
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 0% over the issue price.