Shreenath Paper Products Limited IPO Details
SME
Shreenath Paper Products IPO opens for subscription on 25 Feb 2025 and closes on 28 Feb 2025. The IPO will be listed on BSE with the tentative listing date set for 05 Mar 2025.
Shreenath Paper Products IPO price band has been fixed at ₹44 – ₹44 per share.The face value is ₹10 per share with a lot size of 3000.
Shreenath Paper Products IPO total issue size comprises 53,10,000 shares (aggregating up to ₹23.36 Cr). This includes a fresh issue of 53,10,000 shares (aggregating up to ₹23.36 Cr). Pre-issue shareholding stands at 1,43,44,200, which will increase to 1,96,54,200 post-issue.
Shreenath Paper Products IPO Lot Size : Retain Minimum is 1 lot (3,000 shares) amounting to ₹132,000. Retain Maximum is 1 lot (3,000 shares) amounting to ₹132,000. HNI Minimum is 2 lots (6,000 shares) amounting to ₹264,000.
The Lead Managers for Shreenath Paper Products IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Galactico Corporate Services Limited. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Pure Broking. You can analyze their track record by checking the Market Maker Performance Summary report.
For detailed information, Refer to the Shreenath Paper Products Limited RHP.
Shreenath Paper Products IPO Details
Shreenath Paper Products IPO Subscription
Shreenath Paper Products IPO Application Wise Breakup
Shreenath Paper Products IPO Dates
- 25 Feb 2025Opening dateOPD
- 28 Feb 2025Closing dateCOD
- 03 Mar 2025Allotment Date BOA
- 04 Mar 2025Initiation of RefundsIOR
- 04 Mar 2025Credit of SharesCOS
- 05 Mar 2025Listing dateLID
Shreenath Paper Products IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retain Minimum | 1 | 3000 | ₹132,000 |
| Retain Maximum | 1 | 3000 | ₹132,000 |
| HNI Minimum | 2 | 6000 | ₹264,000 |
Shreenath Paper Products IPO Reservation
Promoter Holding
Shreenath Paper Products IPO Valuations
Shreenath Paper Products Financial Information
| Period Ended | 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 | ||||||||||||||||||||||||||||||||||||
| Reserves and Surplus | 6.99 | 4.59 | 9.8 | 4.97 | ||||||||||||||||||||||||||||||||||||
| Total Borrowing | 31.37 | 28.89 | 25.01 | 16.73 | ||||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
About Shreenath Paper Products IPO
Incorporated in 2011, Shreenath Paper Products Limited is engaged in offering supply chain solutions to industries that use paper materials such as coated, food-grade, machine-glazed, and adhesive papers in their manufacturing processes.
The company supplies various papers, including sublimation base paper, thermal base paper, straw paper, cup stock paper, security PSA sheets, high-strength paper, C2S and C1S papers, and more.
The company understands client needs, defines specifications, sources specialized manufacturers, tests samples, procures materials in desired quantities, and supplies paper in various grades made from recycled paper, bagasse, and virgin pulp.
The company supplies paper products used in industries such as FMCG, textiles, pharmaceuticals, packaging, food & beverages, e-commerce, and more, primarily in Maharashtra, Gujarat, and Madhya Pradesh.
Product Portfolio:
Sublimation Base Paper, Thermal Base Paper, Straw Paper, Cone Sleeve, Cup Stock, ARSR etc.
- Coated Paper and Board: The company supplies coated paper used for printing annual reports, brochures, magazines, and posters, as well as for manufacturing labels, stickers, and sachets, offering improved print quality and durability.
- Coating Base: The company supplies sublimation, thermal, and NCR base papers for various applications, including textile printing, thermal printing, and carbonless copy paper, ensuring high-quality prints and efficient processes for diverse industries.
- Speciality Paper: The company supplies specialty papers such as parchment, ledger, rail bond, cup stock, MG poster, carry bag, and natural shade paper, each serving unique purposes in industries like baking, transportation, and packaging.
- Cream wove paper: The company supplies premium cream wove papers like Optima, Kappa-G, and Fine Print, offering smooth textures and high printability for brochures, invitations, packaging, and luxury promotional materials across various industries.
As of December 31, 2024, the company had 9 employees.
Competitive Strengths:
- Extensible Business Model
- Strong Network of supplier
- Multiproduct Portfolio and ability to identify customer requirements
- Strong relationships with key customers
- Experienced management team with an established track record
- Track record of financial performance
Strength Of Shreenath Paper Products IPO
1. Extensible Business Model.
2. Strong Network of supplier.
3. Multiproduct Portfolio and ability to identify customer requirements.
4. Strong relationships with key customers.
5. Experienced management team with an established track record.
6. Track record of financial performance.
Risk Of Shreenath Paper Products IPO
1. The Company does not own any manufacturing facility and its therefore depends on third-party manufacturers and therefore, the company is subject to risks associated with the third-party manufacturing processes. r
2. The company is dependent on its Top 5 suppliers for uninterrupted supply of papers. Any disruption in supply of papers from these third-party manufacturers will adversely affect its operations.
3. The company is dependent on few customers. Any loss of business from one or more of them may adversely affect its revenues and profitability.
4. The Company, its Directors and its Promoters are party to certain litigation and claims. These legal proceedings are pending at different levels of adjudication before various forums and regulatory authorities. Any adverse decision may make it liable to liabilities/penalties and may adversely affect its reputation, business and financial status.
5. Trade Receivables form a substantial part of its current assets and net worth. Failures to manage its trade receivables could have an adverse effect on its net sales, profitability, cash flow and liquidity.
6. Its lenders have created charge over the assets of the Company in respect of borrowings that have been availed by it.
7. The Company has reported negative cash flow in the recent past. Any negative cash flows in the future would adversely affect its cash flow requirements, which may adversely affect its ability to operate its business and implement the company's growth plans, thereby affecting its financial condition.
8. Its financing agreements contain certain restrictive covenants which may affect its financial and operational flexibility. In the event of breach of any covenants in its financing agreements, its lenders may take any action in connection with such breaches which may have a material adverse effect on its business, results of operation, financial condition and prospects.
9. The company is dependent on its key managerial personnel, management team and other key employees, the loss of, or its inability to attract or retain, such persons could adversely affect its business, result of operations, financial condition, and cashflows.
10. The company generally does business with its customers on purchase order basis and does not enter into long term contracts with most of them.
Objectives Shreenath Paper Products IPO
- Meeting incremental working capital requirements
- General corporate purposes
Company Contact Details
Shreenath Paper Products Limited
Shop no. 5, Plot no.136, N-1,
Masco Corner API Road,
Cidco, Aurangabad, 431003
Phone: +91 0240-2489888
Email: info@shreenathpaper.com
Website: https://shreenathpaper.com/
Registrar Contact Details
Lead Mangers
Lead Manager Reports
Market Maker
Market Maker Reports
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