Shreenath Paper is launching a fixed-price IPO worth ₹23.36 crores, consisting entirely of a fresh issue of 53.10 lakh shares.
The IPO opens for subscription on February 25, 2025, and closes on February 28, 2025. The allotment is expected to be finalized on March 3, 2025, with a tentative listing date on the BSE SME set for March 5, 2025.
The issue is priced at ₹44 per share, with a minimum application lot size of 3,000 shares. Retail investors must invest at least ₹1,32,000, while HNIs need a minimum of 2 lots (6,000 shares), amounting to ₹2,64,000.
Galactico Corporate Services Limited is the book-running lead manager, while Bigshare Services Pvt Ltd is the registrar. Pure Broking Private Limited is the market maker for the issue.
Refer to Shreenath Paper IPO RHP for detailed information.
Shreenath Paper IPO Details
| IPO Date | February 25, 2025 to February 28, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹44 per share |
| Lot Size | 3,000 Shares |
| Total Issue Size | 53,10,000 shares (aggregating up to ₹23.36 Cr) |
| Fresh Issue | 53,10,000 shares (aggregating up to ₹23.36 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,43,44,200 shares |
| Share Holding Post Issue | 1,96,54,200 shares |
| Market Maker Portion | 2,82,000 shares |
Shreenath Paper IPO Timeline
The Shreenath Paper IPO will open for subscription on February 25, 2025, and close on February 28, 2025.
| IPO Open Date | Tue, Feb 25, 2025 |
| IPO Close Date | Fri, Feb 28, 2025 |
| Tentative Allotment | Mon, Mar 3, 2025 |
| Initiation of Refunds | Tue, Mar 4, 2025 |
| Credit of Shares to Demat | Tue, Mar 4, 2025 |
| Tentative Listing Date | Wed, Mar 5, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on February 28, 2025 |
Shreenath Paper IPO Lot Size
Investors can bid for a minimum of 3,000 shares and in multiples thereof. The table below outlines the minimum and maximum investment for retail investors and HNIs in terms of shares and investment amount:
| 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 |
About Shreenath Paper Products Limited
About Shreenath Paper Products Limited
Incorporated in 2011, Shreenath Paper Products Limited specializes in supply chain solutions for industries utilizing paper materials such as coated, food-grade, machine-glazed, and adhesive papers in their manufacturing processes.
Product Offerings
The company supplies a wide range of 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
Business Operations
Shreenath Paper Products follows a structured approach to:
- Understand client needs and define specifications
- Source specialized manufacturers
- Test and procure materials in required quantities
- Supply recycled paper, bagasse-based, and virgin pulp paper in various grades
Industries Served
The company’s paper products are used in diverse industries, including:
- FMCG
- Textil6es
- Pharmaceuticals
- Packaging
- Food & Beverages
- E-commerce
The company primarily operates in Maharashtra, Gujarat, and Madhya Pradesh.
FAQs on Shreenath Paper Products Limited
What is Shreenath Paper Products Limited?
Shreenath Paper Products Limited is a company engaged in providing supply chain solutions for industries that use various types of paper materials such as coated, food-grade, machine-glazed, and adhesive papers
When was Shreenath Paper Products Limited incorporated?
The company was incorporated in 2011.
Where does Shreenath Paper Products primarily operate?
The company primarily serves markets in Maharashtra, Gujarat, and Madhya Pradesh.
What is the size of the Shreenath Paper IPO?
The IPO is a fixed-price issue worth ₹23.36 crores, consisting entirely of a fresh issue of 53.10 lakh shares
When does the Shreenath Paper IPO open and close?
The IPO will open for subscription on February 25, 2025, and close on February 28, 2025.
When is the IPO allotment expected to be finalized?
The allotment is expected to be finalized on March 3, 2025.
When and where will the IPO be listed?
The company is set to be listed on the BSE SME on March 5, 2025.
What is the IPO price per share?
The IPO price is ₹44 per share.
What is the minimum investment required for retail investors?
Retail investors must apply for a minimum of 3,000 shares, requiring an investment of ₹1,32,000
