Shreenath Paper IPO Details
The key details of Shreenath Paper Products’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹23.36 Cr |
| Price Range | ₹44 |
| Retail Quota | 50% |
| QIB Quota | -- |
| NII Quota | 50% |
| Employee Discount | -- |
| Listing at | BSE |
| Minimum Quantity | 3,000 |
| Investment (cut-off price) | ₹1,32,000 |
| Pre IPO Promotor Holding | 100.00% |
| Post IPO Promotor Holding | 72.98% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Shreenath Paper IPO Timelines
The IPO process for Shreenath Paper Products 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.
25/02/2025
Start Date28/02/2025
End Date04/03/2025
Refund Initiation04/03/2025
Credit of Shares to Demat Ac05/03/2025
Listing DateShreenath Paper IPO Lot Size
The Shreenath Paper Products IPO has a fixed lot size of 3,000 shares, at a price band of ₹44 per share, requiring ₹132,000 per lot for retail investors. For HNI investors, the minimum application is 6,000 shares (2 lots) amounting to ₹264,000.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 3000 | ₹1,32,000 |
| Retail Maximum | 1 | 3000 | ₹1,32,000 |
| HNI Minimum | 2 | 6000 | ₹2,64,000 |
Shreenath Paper IPO Subscription Status
The subscription status for Shreenath Paper Products 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 |
|---|---|---|---|---|
| -- | 0.52x | 3.18x | -- | 1.85x |
IPO Performance on Listing Day
On the listing day (March 5, 2025), Shreenath Paper Products made a disappointing debut on the stock exchange. The stock opened at ₹35.20, recording a significant discount of 20% from its issue price of ₹44. During the trading session, after opening at its day’s high, the stock faced continued selling pressure, declining to ₹33.44. The shares closed at ₹33.44, posting a substantial loss of 24% from the issue price, reflecting weak market sentiment towards this paper products manufacturer.
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹35.20 | ₹33.44 | ₹35.20 | ₹33.44 |
Shreenath Paper IPO Company Financials
Shreenath Paper Products IPO reports robust performance in FY2024 with Total Income of ₹189.67 crores, managing expenses at ₹183.77 crores, and achieving a strong PAT (Profit After Tax) of ₹4.39 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2022 | ₹141.75 | ₹139.96 | ₹1.34 |
| FY 2023 | ₹206.7 | ₹200.82 | ₹4.38 |
| FY 2024 | ₹189.67 | ₹183.77 | ₹4.39 |
| FY 2025 (9 M) | ₹78.62 | ₹75.31 | ₹2.41 |
About Company
Shreenath Paper Products was incorporated as a private company in October 2011 and later transformed into a public limited company in April 2023. Initially, it took over the business of Shrinath Papers, a proprietorship concern, and has since expanded its operations. The company specializes in providing supply chain solutions for industries that rely heavily on paper products. They supply a wide variety of paper types such as sublimation base paper, thermal base paper, poster paper, security PSA sheets, and more, catering to the specific needs of their clients. Shreenath Paper Products collaborates with manufacturers, curates technical specifications, and ensures quality testing to fulfill customer orders.
The company’s paper offerings are made from recycled waste papers, agricultural byproducts like bagasse, and virgin pulp, available in a range of grades from 24 to 350 GSM. These products serve diverse industries, including FMCG, textiles, food and beverages, pharmaceuticals, e-commerce, and packaging. Shreenath Paper Products primarily operates in Maharashtra, Gujarat, and Madhya Pradesh, playing a key role as an intermediary between paper mills and end-users. Their products have wide applications, from packaging to commercial printing, and the company aims to be a significant player in the domestic paper supply chain.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2011 | Packaging | Alok Parekh |
Know Before Investing
Shreenath Paper IPO Strengths
- Shreenath Paper Products is a leader in the production of various paper products, catering to diverse industries such as FMCG, textiles, and pharmaceuticals.
- The company offers a wide range of paper products, including sublimation base paper, thermal base paper, and cup stock paper, ensuring it meets varied customer needs.
- Shreenath has shown consistent revenue growth, with significant increases in net income over recent fiscal years.
- The ongoing infrastructure development in India provides opportunities for increased demand for packaging and paper products.
- With a focus on quality and innovation, the company has the potential to explore international markets for its products.
- Shreenath has established relationships with a diverse range of clients across multiple sectors, providing stability and reducing dependency on any single client.
- The management team comprises industry veterans with extensive experience in the paper manufacturing sector, guiding the company’s strategic direction.
- The overall outlook for the paper products industry is positive, driven by increasing demand for sustainable packaging solutions.
- The company’s manufacturing facilities have significant production capacity, enabling it to meet large orders efficiently.
- Increasing awareness of eco-friendly products is driving demand for sustainable paper solutions, positioning Shreenath favorably for future growth.
Shreenath Paper IPO Risks
- The company has experienced inconsistent revenue growth, with significant fluctuations that could affect financial stability.
- A strong Dependence on a limited number of customers could expose the company to risks if those relationships falter.
- The company’s dependence on third-party manufacturers introduces risks related to quality control and supply chain disruptions.
- Changes in regulations affecting the paper industry could impact operations and profitability.
- The paper products industry is competitive; increased competition could squeeze margins and market share.
- The company’s performance is tied to economic conditions; downturns could adversely affect demand for its products.
- Currently focused on Maharashtra, Gujarat, and Madhya Pradesh, expansion into new markets may require significant investment and resources.
- Rapid changes in technology within the paper industry may necessitate continuous investment to stay competitive.
- Stricter environmental laws could impose additional costs or operational changes that affect profitability.
Swot Analysis for Shreenath Paper IPO
Strengths
Experienced management team, Diverse product range, Established relationships with key customers
Weaknesses
Limited brand recognition, Fluctuating revenue, High competition
Opportunities
Growing packaging demand, Expansion into new markets, E-commerce growth
Threats
Intense market competition, Raw material price volatility, Regulatory challenges
Company Details
Shreenath Paper Products Limited
Shop no. 5, Plot no.136, N-1, Masco Corner Api Road, Cidco, Aurangabad, Maharashtra, India, 431003
Phone: +91 0240-2489888
Email: [email protected]
Website: https://shreenathpaper.com/
IPO Registar Details
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/IPO_Status.html
FAQs
The key objectives of Shreenath Paper IPO are:
- Meeting incremental working capital requirements
- General corporate purposes
Galactico Corporate Services Limited is the book-running lead managers for the Shreenath Paper IPO.
Shreenath Paper Products Ltd. shows significant growth potential due to its strong market position, diverse product portfolio, and increasing demand for packaging solutions. Additionally, infrastructure development and export opportunities may further enhance its long-term prospects.
The issue price for the Shreenath Paper IPO is set to ₹44 per share.
To invest in one lot of Shreenath Paper IPO, you need ₹1,32,000 at the fixed price band (₹44 per share) for a lot size of 3000 shares.
Shreenath Paper IPO shares are scheduled to be listed on the Bombay Stock Exchange (BSE) on March 5, 2025.
Refund/unblocking of funds for Shreenath Paper IPO will begin on March 4, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your Shreenath Paper IPO shares on listing day (March 5, 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.