Saffron Speciality Papers IPO Details

Incorporated in 2008, Saffron Speciality Papers Limited is engaged in the business of manufacturing and exporting Printed Paper Stationery and Back-to-School Paper Stationery.

The company specializes in customized, mass-produced Back-to-School Paper Stationery and Printed Paper Stationery with diverse finishes, embellishments, and bindings. It also offers commercial printing services to corporations, banks, government agencies, trusts, and more.

The company operates 2 units, Unit 1: Survey No. 53, Hissa 29, 75/2, 77/5, Village Aamne, Bhiwandi 421302, Thane. Unit 2: Survey No. 74, 75/1, Village Aamne, Bhiwandi 421302, Thane (93,000 sq. ft. completed, 42,000 sq. ft. under construction).

Products:

• Notebooks and Back-to-School Paper Stationery: They offers diverse notebooks and stationery, including EcoNama—eco-friendly notebooks made from recycled materials with biodegradable inks—launched in January 2025 for sustainability-conscious consumers.
• Commercial Printing: They launched this segment in April 2021 and began manufacturing in October 2022, offering high-margin commercial printing services for corporate clients with strict quality and customization needs.
• Paper Packaging Segment: They entered the Paper Packaging segment in 2024, starting limited-scale manufacturing with KBA & Heidelberg machines, targeting corporate clients in Electrical, E-commerce, and Food sectors.

As of December 31, 2024, the company had 40 permanent employees on the payroll and has employed 50 employees on a contract basis.

Competitive Strengths:

• Experienced Management and operational team.
• Long-term Business relationship with customers.
• Exposure in export and domestic market segment.
• The location in Bhiwandi provides excellent connectivity via major highways (Mumbai-Nashik & Maharashtra Samruddhi Mahamarg- Mumbai to Nagpur), and proximity to the Nhava Sheva seaport is an added logistical advantage.
• Diversified Verticals, They are presently having Notebook / Back-to-School Paper Stationery & Commercial Printing segment. Thus, dependence on a single vertical for revenue generation is avoided.