Subam Papers IPO
GMP, Subscription, Price, Dates & Financial Details

Subam Papers specializes in manufacturing Kraft paper and paper products, establishing itself as a provider of packaging solutions. Unlike conventional paper manufacturers, the company relies on waste paper as its primary raw material, rather than wood pulp. Its products are extensively used across various industries, including automotive, textiles, FMCG, food, distilleries, pharmaceuticals, electrical and electronics, and printing, where effective packaging is essential.

The company produces Kraft Paper and Duplex Boards in a range of colors, with a GSM (grams per square meter) spectrum from 120 to 300, a Bursting Factor between 16 and 35, and Deckle sizes ranging from 2,000 MM to 4,400 MM, along with reel diameters of up to 1,400 MM. They also operate a large raw material storage facility, ensuring a steady supply for the consistent production of high-quality packaging products. As of September 2024, Subam Papers employs 500 permanent staff members.

In the fiscal year 2024, the company had an installed capacity for Kraft Paper of 300 metric tons per day (MTPD), translating to an annual capacity of 93,600 tons. During this period, utilization reached 93,081 tons. In comparison, the utilization figures for the fiscal years ending March 31, 2023, and March 31, 2022, were 83,691 tons and 82,371 tons, respectively.