Shreenath Paper Products Limited
Feb 25, 2025 - Feb 28, 2025
Shreenath Paper Products Limited IPO Details
SME
Status
listed
Issue Price
₹44.00
Lot Size
3000 Shares
Subscription
1.85 times
Listing Price
₹32.2 (-20%)
Face Value
₹10 Per share
Issue Size
Approx ₹23.36 Cr
Fresh Issue
Approx ₹23.36 Cr
Total Shares Offered
-
Retail Quota
-
QIB Quota
-
HNI Quota
-
Retail Approx
-
S-HNI Approx
-
B-HNI Approx
-
Issue Type
Fixed Price Issue IPO
Listing On
BSE SME
Registrar
Bigshare Services Pvt Ltd
BSE Code
544372
IPO Tentative Timetable
Open Date
Tue Feb 25 2025
Close Date
Fri Feb 28 2025
Allotment Date
-
Refunds Initiation
Tue Mar 04 2025
Demat Transfer
Tue Mar 04 2025
Listing Date
Wed Mar 05 2025
Valuation
Earning Per Share (EPS)
₹3.07
Price/Earning P/E Ratio
N/A
Return on Net Worth (RoNW)
23.19%
Net Asset Value (NAV)
₹13.20
Promoters
Pre issue Share Holding
100.00%
Post issue Share Holding
72.98%
Company Promoters
- Alok Parekh`
- Ronak Parekh
- Navneetdas Parekh
- Hasumati Navneetdas Parekh
- Harish Parekh
- Hasumati Harish Parekh
- Neha Parekh
- Sayali Parekh
Lead Managers
Galactico Corporate Services Limited
Live Subscription
| Date | NII* | Retail | Total |
|---|---|---|---|
| Feb 25, 2025 | 0.02 | 0.28 | 0.15 |
| Feb 27, 2025 | 0.09 | 1.18 | 0.63 |
| Feb 28, 2025 | 0.52 | 3.18 | 1.85 |
Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹1,32,000 |
| Retail (Max) | 1 | 3000 | ₹1,32,000 |
| HNI (Min) | 2 | 6,000 | ₹2,64,000 |
IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | - |
| Market Maker Shares Offered | 2,82,000 (5.31%) |
| Other Shares Offered | 25,14,000 (47.34%) |
| Retail Shares Offered | 25,14,000 (47.34%) |
| Total Shares Offered | 53,10,000 (100%) |
Company Financial
| 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 |
About Company
Shreenath Paper Products Limited was incorporated in 2011 and provides supply chain solutions for industries that use various types of paper, including coated, food-grade, machine-glazed, and adhesive papers in their manufacturing processes.
The company supplies a wide range of paper products, such as sublimation base paper, thermal base paper, straw paper, cup stock paper, security PSA sheets, high-strength paper, and C2S and C1S papers. It works closely with clients to understand their needs, define specifications, source specialized manufacturers, test samples, and procure materials in the desired quantities.
Its paper products are used in industries such as FMCG, textiles, pharmaceuticals, packaging, food & beverages, and e-commerce, primarily serving markets in Maharashtra, Gujarat, and Madhya Pradesh.
The company offers coated paper and board for printing brochures, magazines, labels, stickers, and sachets, ensuring high print quality and durability. It supplies coating base papers, including sublimation, thermal, and NCR base papers, catering to textile printing, thermal printing, and carbonless copy applications. The specialty paper segment includes parchment, ledger, rail bond, cup stock, MG poster, carry bag, and natural shade paper, used in industries like baking, transportation, and packaging. Additionally, it provides premium cream wove papers such as Optima, Kappa-G, and Fine Print, offering smooth textures and high printability for brochures, invitations, packaging, and luxury promotional materials.
As of December 31, 2024, the company had nine employees.
The company's competitive strengths include an extensible business model, a strong supplier network, a multi-product portfolio, and the ability to identify customer requirements. It maintains strong relationships with key customers and has an experienced management team with an established track record and a history of financial performance.
The company supplies a wide range of paper products, such as sublimation base paper, thermal base paper, straw paper, cup stock paper, security PSA sheets, high-strength paper, and C2S and C1S papers. It works closely with clients to understand their needs, define specifications, source specialized manufacturers, test samples, and procure materials in the desired quantities.
Its paper products are used in industries such as FMCG, textiles, pharmaceuticals, packaging, food & beverages, and e-commerce, primarily serving markets in Maharashtra, Gujarat, and Madhya Pradesh.
The company offers coated paper and board for printing brochures, magazines, labels, stickers, and sachets, ensuring high print quality and durability. It supplies coating base papers, including sublimation, thermal, and NCR base papers, catering to textile printing, thermal printing, and carbonless copy applications. The specialty paper segment includes parchment, ledger, rail bond, cup stock, MG poster, carry bag, and natural shade paper, used in industries like baking, transportation, and packaging. Additionally, it provides premium cream wove papers such as Optima, Kappa-G, and Fine Print, offering smooth textures and high printability for brochures, invitations, packaging, and luxury promotional materials.
As of December 31, 2024, the company had nine employees.
The company's competitive strengths include an extensible business model, a strong supplier network, a multi-product portfolio, and the ability to identify customer requirements. It maintains strong relationships with key customers and has an experienced management team with an established track record and a history of financial performance.
Company Contact
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
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com