Subam Papers Limited IPO| Bidding Dates, Price Band, and Lot Size

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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

DetailInformation
IPO SegmentBook Built Issue IPO
IPO Opening DateSeptember 30, 2024
IPO Closing DateOctober 3, 2024
Listing DateOctober 8, 2024
Face Value₹10 per share
Price Range₹144 to ₹152 per share
Lot Size800 shares
Total Issue Size6,164,800 shares (₹93.70 Cr)
Fresh Issue6,164,800 shares (₹93.70 Cr)
Listing AtBSE SME
Shareholding Pre-Issue17,080,070 shares
Shareholding Post-Issue23,244,870 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 EndedAssetsRevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31 Mar 202446,046.149,697.313,341.819,904.1219,741.3518,340.77
31 Mar 202341,434.6551,062.36-26.7916,562.3216,399.5516,282.61
31 Mar 202239,418.3333,259.872,600.2316,589.1116,426.3415,573.37

FAQs | Subam Papers Ltd IPO

How can I check the IPO allotment status for Subam Papers?

You can check the allotment of IPO shares through the official registrar’s website.

What is Subam Papers Ltd?

Subam Papers Ltd is a paper manufacturing company specialising in packaging products like kraft paper and board sheets.

When is the Subam Papers IPO bidding date?

The bidding date for the Subam Papers IPO is from September 30 to October 3, 2024.

What is the IPO lot size for Subam Papers?

The IPO lot size for Subam Papers is 800 shares.

What is the IPO face value for Subam Papers?

The IPO face value is set at ₹10 per share.

What is the IPO listing date of Subam Papers?

The IPO listing date of Subam Papers Limited is 8th Oct, 2024.

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