Subam Papers Ltd is launching its IPO on September 30, 2024. With this IPO segment, he company aims to raise ₹93.70 crores through a fresh issue of 61.65 lakh shares. The IPO price band is set between ₹144 to ₹152 per share. The IPO allotment is expected on October 4, 2024, and the listing on the BSE SME is set for October 8, 2024.
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Subam Papers BSE SME IPO Details
| Detail | Information |
| IPO Segment | Book Built Issue IPO |
| IPO Opening Date | September 30, 2024 |
| IPO Closing Date | October 3, 2024 |
| Listing Date | October 8, 2024 |
| Face Value | ₹10 per share |
| Price Range | ₹144 to ₹152 per share |
| Lot Size | 800 shares |
| Total Issue Size | 6,164,800 shares (₹93.70 Cr) |
| Fresh Issue | 6,164,800 shares (₹93.70 Cr) |
| Listing At | BSE SME |
| Shareholding Pre-Issue | 17,080,070 shares |
| Shareholding Post-Issue | 23,244,870 shares |
Overview of Subam Papers Limited
Subam Papers Limited, established in October 2006, specialises in producing Kraft Paper and other paper products using recycled waste paper.
They offer a variety of Kraft Paper and Duplex Boards in different shades, with specifications like GSM (120-300), Busting Factor (16-35), and Deckle sizes (2,000-4,400 MM). Their reel diameters go up to 1,400 MM. To ensure steady production, they maintain a large stock of raw materials.
Subam Papers serves many industries, including automobiles, textiles, FMCG, food, pharmaceuticals, electronics, and more, where reliable packaging is crucial. In 2023, they earned the EN ISO 9001:2015 certification for quality in manufacturing and marketing packaging paper.
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Subam Papers IPO- Key Details
- Subam Papers IPO Opening Date: September 30, 2024
- Subam Papers IPO Closing Date: October 3, 2024
- Subam Papers Allotment Date: October 4, 2024
- Subam Papers IPO Price Band: ₹144 to ₹152 per share
- Subam Papers IPO Lot Size: 800 shares
- IPO Refunds Initiated: October 7, 2024
- Shares Credited to Demat: October 7, 2024
- IPO Listing Date: October 8, 2024
- Subam Papers IPO Subscription: 0.09 times on September 30, 2024 11:07:11 AM (Day 1).
Subam Papers Ltd: Financial Highlights for 2024
Subam Papers Limited’s financial performance shows notable shifts between the fiscal years ending March 31, 2023, and March 31, 2024.
Subam Papers Limited Financial Overview
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
| 31 Mar 2024 | 46,046.1 | 49,697.31 | 3,341.8 | 19,904.12 | 19,741.35 | 18,340.77 |
| 31 Mar 2023 | 41,434.65 | 51,062.36 | -26.79 | 16,562.32 | 16,399.55 | 16,282.61 |
| 31 Mar 2022 | 39,418.33 | 33,259.87 | 2,600.23 | 16,589.11 | 16,426.34 | 15,573.37 |
FAQs | Subam Papers Ltd IPO
You can check the allotment of IPO shares through the official registrar’s website.
Subam Papers Ltd is a paper manufacturing company specialising in packaging products like kraft paper and board sheets.
The bidding date for the Subam Papers IPO is from September 30 to October 3, 2024.
The IPO lot size for Subam Papers is 800 shares.
The IPO face value is set at ₹10 per share.
The IPO listing date of Subam Papers Limited is 8th Oct, 2024.
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