Aten Papers IPO Details
The key details of Aten Papers & Foam’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹31.68 Cr |
| Price Range | ₹91 - ₹96 |
| Retail Quota | 47.50% |
| QIB Quota | 5% |
| NII Quota | 47.50% |
| Employee Discount | -- |
| Listing at | BSE |
| Minimum Quantity | 1200 |
| Investment (cut-off price) | ₹1,15,200 |
| Pre IPO Promotor Holding | 99.99% |
| Post IPO Promotor Holding | Update soon |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Aten Papers IPO Timelines
The IPO process for Aten Papers & Foam includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
13/06/2025
Start Date17/06/2025
End Date19/06/2025
Refund Initiation19/06/2025
Credit of Shares to Demat Ac20/06/2025
Listing DateAten Papers IPO Lot Size
The Aten Papers IPO has a fixed lot size of 1,200 shares, at an upper price band of ₹96 per share, requiring ₹115,200 per lot for retail investors. For HNI investors, the minimum application is 2,400 shares (2 lots) amounting to ₹230,400.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1200 | ₹1,15,200 |
| Retail Maximum | 1 | 1200 | ₹1,15,200 |
| HNI Minimum | 2 | 2400 | ₹2,30,400 |
Aten Papers IPO Subscription Status
The subscription status for Aten Papers & Foam IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 2.91x | 0.66x | 2.17x | -- | 1.49x |
IPO Performance on Listing Day
On the listing day (June 20, 2025), Aten Papers & Foam made a disappointing debut on the stock exchange. The stock opened at ₹90, recording a discount of 6.3% from its issue price of ₹96. During the trading session, after opening at its day’s high, the stock faced continued selling pressure, declining to ₹85.50. The shares ended their first trading day at ₹85.50, posting a loss of 10.9% from the issue price, indicating weak market sentiment towards this paper and foam manufacturer.
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹90.00 | ₹85.50 | ₹90.00 | ₹85.50 |
Aten Papers IPO Company Financials
Aten Papers & Foam IPO reports robust performance in FY2025 with Total Income of ₹138.70 crores, managing expenses at ₹129.30 crores, and achieving a strong PAT (Profit After Tax) of ₹7.01 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2022 | ₹89.82 | ₹88.77 | ₹0.76 |
| FY 2023 | ₹91.00 | ₹90.31 | ₹0.50 |
| FY 2024 | ₹96.80 | ₹93.08 | ₹2.78 |
| FY 2025 | ₹138.70 | ₹129.30 | ₹7.01 |
About Company
Aten Papers & Foam Limited, incorporated in 2019, serves as a key intermediary in the paper product supply chain, sourcing paper from various mills and supplying it to clients in the packaging industry. The company provides a range of products, including Kraft paper, duplex boards, and other paper products in various grades, thicknesses, and sizes. Additionally, Aten Papers & Foam plays a crucial role in the recycling process by purchasing and selling wastepaper to paper mills as raw material.
The company offers a variety of specialized paper products, including recycled Kraft paper for packaging, primarily serving clients in Gujarat with varying credit periods. They also supply absorbent Kraft paper used in interior décor and furniture, eco-friendly Kraft paper bags for packaging groceries and medical items, and Tube Kraft paper made from wood pulp, Kraft paper, and cardboard for various applications. Through these offerings, Aten Papers & Foam contributes to sustainability and meets diverse packaging needs across different industries.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2019 | Paper | Mohamed arif Lakhani |
Know Before Investing
Aten Papers IPO Strengths
- Aten Papers & Foam specializes in manufacturing various paper and foam products, catering to different sectors, which helps mitigate risks associated with dependency on a single product line.
- Aten operates in a growing market for eco-friendly packaging solutions, aligning with increasing consumer demand for sustainable products, which can enhance its market presence.
- Aten emphasizes high-quality manufacturing processes and innovation in product development, which can enhance customer satisfaction and brand loyalty.
- The growing emphasis on sustainability and eco-friendly products by governments can create favorable conditions for Aten’s business model, potentially leading to increased demand.
- Aten Papers & Foam has established strong relationships with suppliers and distributors, ensuring a reliable supply chain that can support consistent production and timely delivery of products to customers.
- The company prioritizes environmentally friendly practices in its manufacturing processes, which not only aligns with global sustainability trends but also positions Aten favorably among eco-conscious consumers and businesses.
Aten Papers IPO Risks
- As a relatively new company, Aten Papers & Foam may lack the operational experience and track record that more established firms possess, which could impact its performance and growth.
- The company may rely heavily on a few major customers for a significant portion of its revenue, making it vulnerable to changes in their purchasing behavior or financial health.
- As a manufacturing entity, Aten is subject to various regulations that can change over time, potentially leading to increased compliance costs or operational challenges.
- The company relies on specific suppliers for raw materials, and any disruptions in the supply chain could adversely affect production capabilities and overall business operations.
- Broader economic conditions can significantly affect consumer spending and demand for Aten’s products, making it susceptible to economic downturns or shifts in market dynamics.
Swot Analysis for Aten Papers IPO
Strengths
Innovative product design, Strong leadership team, Sustainable practices
Weaknesses
Recent profitability decline, High debt levels, Limited market presence
Opportunities
Growing eco-friendly demand, Expansion into new markets, Strategic partnerships potential
Threats
Intense market competition, Volatile raw material prices, Regulatory changes impact
Company Details
Aten Papers & Foam Limited
Block-A, 102/A, F. F, Tirmizi Heights, Opp Bombay Housing Colony, Near Kirtikunj Society, Ahmedabad 380028
Phone: +91-9537861212
Email: cs@atenpapers.com
Website: http://www.atenpapers.com/
IPO Registar Details
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
FAQs
The key objectives of Aten Papers IPO are:
- Capital Expenditure
- To Meet Working Capital Requirements
- General Corporate Purpose
Swastika Investmart Ltd is the book-running lead managers for the Aten Papers IPO.
Aten Papers IPO shows growth potential due to its financial performance, with revenue increasing from ₹91 crore in FY 2023 to ₹96.80 crore in FY 2024 and net profit rising significantly from ₹0.50 crore to ₹2.78 crore. The company’s positioning in the competitive paper industry, particularly in packaging, supports its prospects. However, risks include operating in a crowded market with numerous competitors and reliance on sourcing materials from various mills.
The issue price for the Aten Papers IPO is set between ₹91 and ₹96 per share.
To invest in one lot of Aten Papers IPO, you need ₹1,09,200 at the lower price band (₹91 per share) or ₹1,15,200 at the upper price band (₹96 per share) for a lot size of 1200 shares.
Aten Papers IPO shares are scheduled to be listed on the Bombay Stock Exchange (BSE) on June 20, 2025.
Refund/unblocking of funds for Aten Papers IPO will begin on June 19, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your Aten Papers IPO shares on listing day (June 20, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.