Nikita Papers IPO
GMP, Subscription, Price, Dates & Financial Details
Nikita Papers Limited, incorporated in 1989, is a leading Indian manufacturer of recycled kraft paper, with a strong focus on sustainability and quality. Initially established as a private limited company, it became a public limited entity in 2003. The company operates from its registered office in…
Open Date
Tue, 27 May 2025
Close Date
Thu, 29 May 2025
Price Band
₹ 95 – 104
Lot Size
1200
Issue Size
₹ 67.54 Cr
Minimum Investment
₹ 249,600 (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
Nikita Papers IPO has successfully completed its IPO process and is now listed on NSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹67.54 Crore, comprising a fresh issue of 64.94 Lakh equity shares aggregating to ₹67.54 Crore.
The Nikita Papers IPO remained open for subscription from May 27, 2025, to May 29, 2025. The basis of allotment was finalized on May 30, 2025, and the company's shares were listed on NSE SME Platform on June 03, 2025.
The company had fixed the price band at ₹95 to ₹104 per share, with a lot size of 1200 shares. Retail investors were required to make a minimum investment of ₹249,600 (based on the upper price band) to apply for one lot.
Skyline Financial Services Private Ltd served as the registrar to the issue. Fast Track Finsec Pvt Ltd acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Nikita Papers Limited is now a publicly listed company on NSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Nikita Papers IPO Timeline (Tentative)
- IPO Open Date
- Tue, 27 May 25
- IPO Close Date
- Thu, 29 May 25
- Basis of Allotment
- Fri, 30 May 25
- Initiation of Refunds
- Mon, 02 Jun 25
- Credit of Shares to Demat
- Mon, 02 Jun 25
- Listing Date
- Tue, 03 Jun 25 — NSE & BSE
Open Date
27 May 2025
Close Date
29 May 2025
Basis Of Allotment
30 May 2025
Listing Date
03 June 2025
IPO Subscription
Check Live Subscription →The Nikita Papers IPO has received bids for 78,88,800 shares against 43,17,600 shares offered, resulting in an overall subscription of 1.83x. the NII category is subscribed 2.47x, Retail Investors 1.84x, and QIBs 1.33x.
QIB
1.33x
NII
2.47x
RII
1.84x
Total
1.83x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 21,58,800 shares, representing 0% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 12,33,600 shares (0%), while Non-Institutional Investors (NIIs) receive 9,25,200 shares (0%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 1,233,600 | 0% |
| Non-Institutional | 925,200 | 0% |
| Retail Investors | 2,158,800 | 0% |
| Total | 4,317,600 | 0% |
Financials Details(₹ in Crores)
| Particular | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 299 | 256.8 | 235.3 |
| Revenue | 346.78 | 401.31 | 358.49 |
| Profit After Tax | 16.6 | 8.65 | 6.95 |
| Net Worth | 77.37 | 54.74 | 46.1 |
| Reserve & Surplus | 59.2 | 46.13 | 37.48 |
| Total Borrowings | 189.24 | 163.02 | 124.74 |
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.
Nikita Papers Limited KPI Information
| Particular | KPI as of Sun, Mar 31, 2024. |
|---|---|
| ROE % | 21.45 |
| ROCE % | 28.71 |
| Debt / Equity | 0.45 |
| RoNW % | 21.46 |
| Pat Margin % | 4.79 |
Peers Comparison
No Peer Comparision Available
About Nikita Papers Limited
Nikita Papers Limited, incorporated in 1989, is a leading Indian manufacturer of recycled kraft paper, with a strong focus on sustainability and quality. Initially established as a private limited company, it became a public limited entity in 2003. The company operates from its registered office in New Delhi and its manufacturing unit in Shamli, Uttar Pradesh. It is led by Mr. Ashok Kumar Bansal, who brings over 35 years of experience, including more than 25 years in the paper industry.
The company began operations in 1991 with a kraft paper manufacturing unit in Shamli, starting at a capacity of 30 tons per day. Through consistent expansion and modernization, Nikita Papers has scaled its installed production capacity to approximately 1,33,000 metric tons per annum. It manufactures kraft paper in the 80–200 GSM range, with various Burst Factor (B.F.) grades, catering to a wide array of industrial, commercial, and packaging applications. The company's products are known for their high tensile and ductile strength, making them ideal for eco-friendly packaging and wrapping solutions.
Nikita Papers emphasizes environmentally sustainable manufacturing, primarily using recycled materials, and employs advanced equipment to maintain high production standards while minimizing environmental impact. With a total workforce of 201 employees as of March 31, 2024, the company serves both domestic and international markets, backed by a strong distribution network.
The company’s competitive strengths include experienced leadership, diverse product offerings, strategic location, expansion into fluting media, and innovative equipment, positioning it as a prominent player in India’s kraft paper manufacturing sector.
Nikita Papers IPO Promoters
- Mr. Ashok Kumar Bansal
- Mr. Sudhir Kumar Bansal
- Mr. Ayush Bansal
- Mr. Abhinav Bansal
- Mr. Anuj Bansal
- Ashok Kumar Bansal & Sons HUF
- Naresh Chand Bansal & Sons HUF
- Sudhir Kumar Bansal & Sons HUF
- Ayush Bansal & Sons HUF
- Abhinav Bansal & Sons HUF
- Anuj Bansal & Sons HUF
Promoters Holding
Holding Pre Issue
29.76%
Holding Post Issue
21.89%
Nikita Papers IPO Objective
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
- To meet Capital expenditure towards setting up a Power Plant
- To meet out the Working Capital requirements of the Company;
- To meet out the General Corporate Purposes; and
- To meet out the Issue Expenses.
Nikita Papers Limited Address / Contact Details
Nikita Papers Limited
A-10 Floor 1st Land Mark Near
Deepali Chowk Saraswati Vihar,
Pitampura, North West,
New Delhi, 110034
Phone: +91-7300712189
Email: info@nikitapapers.com
Website: http://www.nikitapapers.com/
IPO Snapshot
Nikita Papers IPO Lot Size
The Nikita Papers IPO has a lot size of 1,200 shares. Retail investors require a minimum investment of ₹1,24,800 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 ₹1,24,800.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | 124,800.00 |
| Retail (Max) | 1 | 1,200 | 124,800.00 |
| S-HNI (Min) | 2 | 2,400 | 249,600.00 |
Issue Reservation
Book Running Lead Managers
- Fast Track Finsec Pvt 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 Nikita Papers IPO?
Nikita Papers IPO is a Book-building IPO with a total issue size of ₹67.54 crore. The Nikita Papers IPO price band is ₹95 to 104 per share. The Nikita Papers IPO subscription opens on Tue, May 27, 2025, and closes on Thu, May 29, 2025. The Nikita Papers IPO will be listed on the NSE. Skyline Financial Services Private Ltd is the registrar for the Nikita Papers IPO.
When will the Nikita Papers IPO open for subscription?
The Nikita Papers IPO opens on Tue, May 27, 2025 and closes on Thu, May 29, 2025
What is Nikita Papers IPO Price Band?
Nikita Papers IPO Price Band is ₹95 to 104 per share.
What is Nikita Papers IPO Lot Size?
Nikita Papers IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹249600 based on the upper price band
What is the minimum investment for Nikita Papers IPO?
The minimum investment for Nikita Papers IPO is ₹249600, based on one lot of 1200 shares at the upper price band of ₹104 per share.
How to apply for Nikita Papers IPO?
Investors can apply for the Nikita Papers 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 Thu, May 29, 2025. The application amount remains blocked until the Nikita Papers IPO allotment is finalized.
What is Nikita Papers IPO Issue Size?
Nikita Papers IPO issue size is ₹67.54 crores.
What is the Nikita Papers IPO Allotment Date?
Nikita Papers IPO allotment date is Fri, May 30, 2025.
Who is the Nikita Papers IPO Registrar?
The registrar for Nikita Papers IPO is Skyline Financial Services Private Ltd. Investors can go to Skyline Financial Services Private Ltd website to check Nikita Papers IPO allotment status, refund processing, and other IPO-related information.
What is the Nikita Papers IPO GMP?
The Nikita Papers IPO GMP (Grey Market Premium) is ₹8 as of Thu, May 29, 2025. Based on the upper price band of ₹104 per share, the estimated Nikita Papers IPO listing price is ₹112, indicating a potential listing gain of approximately 7.69% over the issue price.
Who is the Nikita Papers IPO Lead Manager?
The book-running lead managers (BRLMs) for the Nikita Papers IPO are Fast Track Finsec Pvt 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 Nikita Papers IPO Red Herring Prospectus (RHP).