Shreenath Paper IPO
GMP, Subscription, Price, Dates & Financial Details
Shreenath Paper Products Limited was incorporated on October 10, 2011, as "Shreenath Paper Products Private Limited" and later converted into a public limited company in April 2023. The company initially took over the business of M/s. Shrinath Papers, a proprietorship concern, following an MoU in…
Open Date
Tue, 25 Feb 2025
Close Date
Fri, 28 Feb 2025
Issue Price
₹ 44
Lot Size
3000
Issue Size
₹ 23.36 Cr
Minimum Investment
₹ 264,000 (6000 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
Shreenath Paper 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 fixed price issue with a total issue size of ₹23 Crore, comprising a fresh issue of 53.10 Lakh equity shares aggregating to ₹23.36 Crore.
The Shreenath Paper IPO remained open for subscription from February 25, 2025, to February 28, 2025. The basis of allotment was finalized on March 03, 2025, and the company's shares were listed on BSE SME Platform on March 05, 2025.
The company had fixed the price at ₹44 per share, with a lot size of 3000 shares. Retail investors were required to make a minimum investment of ₹264,000 (based on the upper price band) to apply for one lot.
Bigshare Services Pvt Ltd served as the registrar to the issue. Galactico Corporate Services Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Shreenath Paper Products 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.
Shreenath Paper IPO Timeline (Tentative)
- IPO Open Date
- Tue, 25 Feb 25
- IPO Close Date
- Fri, 28 Feb 25
- Basis of Allotment
- Mon, 03 Mar 25
- Initiation of Refunds
- Tue, 04 Mar 25
- Credit of Shares to Demat
- Tue, 04 Mar 25
- Listing Date
- Wed, 05 Mar 25 — NSE & BSE
Open Date
25 February 2025
Close Date
28 February 2025
Basis Of Allotment
03 March 2025
Listing Date
05 March 2025
IPO Subscription
Check Live Subscription →The Shreenath Paper IPO has received bids for 96,03,000 shares against 50,28,000 shares offered, resulting in an overall subscription of 1.91x. the NII category is subscribed 0.64x, Retail Investors 3.18x, and QIBs 0x.
QIB
0x
NII
0.64x
RII
3.18x
Total
1.91x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 25,14,000 shares, representing 50% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 0 shares (%), while Non-Institutional Investors (NIIs) receive 25,14,000 shares (50%).
| Category | Shares Offered | Shares Offered |
|---|---|---|
| Non-Institutional | 2,514,000 | 50% |
| Retail Investors | 2,514,000 | 50% |
| Total | 5,028,000 | 100% |
Financials Details(₹ in Crores)
| Particular | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 62.25 | 60.34 | 50.95 | 30.82 |
| Revenue | 78.62 | 189.67 | 206.7 | 141.75 |
| Profit After Tax | 2.41 | 4.39 | 4.38 | 1.34 |
| Net Worth | 21.34 | 18.93 | 10.54 | 5.65 |
| Reserve & Surplus | 6.99 | 4.59 | 9.8 | 4.97 |
| Total Borrowings | 31.37 | 28.89 | 25.01 | 16.73 |
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.
Shreenath Paper Products Limited KPI Information
| Particular | KPI as of Mar 31, 2024. |
|---|---|
| ROE % | 23.19 |
| ROCE % | 19.32 |
| RoNW % | 23.19 |
| PbW | 3.33 |
| Pat Margin % | 2.36 |
Peers Comparison
No Peer Comparision Available
About Shreenath Paper Products Limited
Shreenath Paper Products Limited was incorporated on October 10, 2011, as "Shreenath Paper Products Private Limited" and later converted into a public limited company in April 2023. The company initially took over the business of M/s. Shrinath Papers, a proprietorship concern, following an MoU in December 2011.
The company specializes in providing supply chain solutions to industries that use various types of paper as key raw materials, such as coating-based paper, food-grade paper, machine-glazed paper, and pressure-sensitive adhesive (PSA) paper. They supply a wide range of paper products, including sublimation base paper, thermal base paper, cup stock paper, poster paper, and more. These papers are used in industries such as FMCG, textiles, pharmaceuticals, food & beverages, automobiles, e-commerce, and packaging. The company sources its paper products from manufacturers who specialize in these types and ensures quality through sample testing and procurement.
The company operates primarily in the domestic markets, focusing on Maharashtra, Gujarat, and Madhya Pradesh, and their paper products are made from recycled materials, agricultural waste (bagasse), and virgin pulp.
Shreenath Paper Products attributes its growth to its experienced management team, including promoters Alok Parekh, Ronak Parekh, Navneetdas Parekh, and Harish Parekh. Their leadership and industry knowledge have been key to the company’s strategic growth and adaptation to changing market trends.
Shreenath Paper IPO Promoters
- Alok Parekh
- Ronak Parekh
- Navneetdas Parekh
- Hasumati Navneetdas Parekh
- Harish Parekh
- Hasumati Harish Parekh
- Neha Parekh
- Sayali Parekh
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
72.98%
Shreenath Paper IPO Objective
The Company proposes to utilize the Net Proceeds from the Issue towards the following objects:
- Meeting incremental working capital requirements
- General corporate purposes
Shreenath Paper Products Limited Address / Contact Details
Shreenath Paper Products Limited
Shop no. 5, Plot no.136, N-1,
Masco Corner Api Road, Cidco,
Aurangabad - 431003
Maharashtra
Phone: +91 0240-2489888
Email: info@shreenathpaper.com
Website: https://shreenathpaper.com/
IPO Snapshot
Shreenath Paper IPO Lot Size
The Shreenath Paper IPO has a lot size of 3,000 shares. Retail investors require a minimum investment of ₹1,32,000 by applying for 1 lot (3,000 shares). The maximum application allowed for the retail category is 1 lots (3,000 shares), requiring an investment of ₹1,32,000.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | 132,000.00 |
| Retail (Max) | 1 | 3,000 | 132,000.00 |
| S-HNI (Min) | 2 | 6,000 | 264,000.00 |
Issue Reservation
- NII — 50%
- RII — 50%
Book Running Lead Managers
- Galactico Corporate Services Limited
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 Shreenath Paper IPO?
Shreenath Paper IPO is a Fixed price IPO with a total issue size of ₹23.36 crore. The Shreenath Paper IPO price band is ₹44 to 44 per share. The Shreenath Paper IPO subscription opens on Tue, Feb 25, 2025, and closes on Fri, Feb 28, 2025. The Shreenath Paper IPO will be listed on the BSE. Bigshare Services Pvt Ltd is the registrar for the Shreenath Paper IPO.
When will the Shreenath Paper IPO open for subscription?
The Shreenath Paper IPO opens on Tue, Feb 25, 2025 and closes on Fri, Feb 28, 2025
What is Shreenath Paper IPO Price Band?
Shreenath Paper IPO Price Band is ₹44 to 44 per share.
What is Shreenath Paper IPO Lot Size?
Shreenath Paper IPO lot size is 3000 shares, Retail investors need a minimum investment of ₹264000 based on the upper price band
What is the minimum investment for Shreenath Paper IPO?
The minimum investment for Shreenath Paper IPO is ₹264000, based on one lot of 3000 shares at the upper price band of ₹44 per share.
How to apply for Shreenath Paper IPO?
Investors can apply for the Shreenath Paper 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 Fri, Feb 28, 2025. The application amount remains blocked until the Shreenath Paper IPO allotment is finalized.
What is Shreenath Paper IPO Issue Size?
Shreenath Paper IPO issue size is ₹23.36 crores.
What is the Shreenath Paper IPO Allotment Date?
Shreenath Paper IPO allotment date is Mon, Mar 3, 2025.
Who is the Shreenath Paper IPO Registrar?
The registrar for Shreenath Paper IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check Shreenath Paper IPO allotment status, refund processing, and other IPO-related information.
What is the Shreenath Paper IPO GMP?
The Shreenath Paper IPO GMP (Grey Market Premium) is ₹5 as of Thu, Feb 27, 2025. Based on the upper price band of ₹44 per share, the estimated Shreenath Paper IPO listing price is ₹49, indicating a potential listing gain of approximately 11.36% over the issue price.
Who is the Shreenath Paper IPO Lead Manager?
The book-running lead managers (BRLMs) for the Shreenath Paper IPO are . 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 Shreenath Paper IPO Red Herring Prospectus (RHP).