Aten Papers and Foam Limited IPO is opening on 28 March 2025 and will close on 2 April 2025. This SME IPO is raising ₹31.68 crore from the fresh issue of 33 lakh equity shares.
The Aten Papers and Foam IPO allotment date will be decided on Thursday, 3 April 2025. Aten Papers and Foam shares will probably be listed on BSE SME on Monday, 7 April 2025.
The Aten Papers and Foam IPO price band has been set between ₹ 91 and ₹96 per share. The minimum number of shares or the lot size is 1200, making the minimum investment requirement for retail investors ₹109200. However, to avoid the oversubscription rush, it is better to bid at the cutoff price, which will make the minimum investment as ₹115200. The minimum lot size for the HNIs is 2 lots, amounting to a minimum investment of ₹230400.
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Aten Papers and Foam BSE SME IPO Details
Detail | Information |
IPO Opening Date | March 28, 2025 |
IPO Closing Date | April 2, 2025 |
Tentative IPO Listing Date | April 7, 2025 |
Face Value | ₹10 per share |
Price Range | ₹91 to ₹96 per share |
Lot Size | 1200 shares |
Total Issue Size | 3300000 Shares (₹31.68 Cr.) |
Fresh Issue | 3300000 Shares (₹31.68 Cr.) |
IPO Segment | Book Built Issue IPO |
Listing At | BSE SME |
Share Holding Pre-Issue | 7000000 shares |
Share Holding Post-Issue | 10300000 shares |
Aten Papers and Foam Limited | Company Overview
Aten Papers and Foam Limited was founded in 2019, which engages as the prime intermediary in the supply chain of different paper products. It works as a buyer of papers from different paper mills, and then supplies the same paper to the packaging industry clients.
Product portfolio
- Kraft Paper – Sells recycled Kraft paper to the Gujarat-based clients primarily for packaging purposes.
- Absorbent Kraft Paper: These kraft papers are used in furniture making and interior decoration, and are recycled by the mills.
- Tube Kraft paper: Kraft paper, along with other materials such as wood pulp, cardboard, is used together to produce tubes for different applications.
- Paper Bag Kraft Paper: Aten Papers also produces eco-friendly, durable bags out of kraft paper which are used in medical shops, and for groceries as well.
Aten Papers and Foam Limited IPO | Key Details
- Aten Papers and Foam IPO Opening Date: March 28, 2025,
- Aten Papers and Foam IPO Closing Date: April 2, 2025.
- Allotment Date: 3 April 2025
- Price Band: ₹91 to ₹96 per share
- Lot Size: 1200 shares
- Refunds Initiated: April 4, 2025
- Shares Credited to Demat: April 4, 2025
- Listing Date: April 7, 2025
Aten Papers and Foam Ltd: Financial Overview
Aten Papers and Foam Limited increased by around 65% in FY24, from a 6.37% rise in revenue during the same period.
Here are the details of the financials of the firm –
Amounts in ₹ Crore
Financial Information | 31-Mar-24 | 31-Mar-23 | Change | Change (%) |
Assets | 32.92 | 29.62 | 3.3 | 11.14112086 |
Revenue | 96.8 | 91 | 5.8 | 6.373626374 |
Profit After Tax | 2.78 | 0.5 | 2.28 | 456 |
Net Worth | 7.03 | 4.25 | 2.78 | 65.41176471 |
Reserve & Surplus | 6.03 | 3.25 | 2.78 | 85.53846154 |
Total Borrowing | 15.67 | 16.03 | -0.36 | -2.24578915 |
Aten Papers and Foam Ltd IPO | FAQs
Aten Papers and Foam Ltd is engaged in purchasing and supplying different types of papers. It acts as the intermediary between paper mills and packaging businesses.
The tentative IPO listing date of Aten Papers and Foam has been fixed as Monday, April 7, 2025.
The bidding date for the Aten Papers and Foam IPO is March 28, 2025, and it will continue until April 2, 2025.
The minimum IPO lot size for Aten Papers and Foam is 1200 shares, and for HNIs, it is 2 lots.
The IPO allotment is expected to be finalized on Thursday, April 3, 2025.
The IPO face value is set at ₹10 per share.
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