Shreenath Paper IPO bidding opened for subscription on February 25, 2025 and will close on February 28, 2025. The allotment for the Shreenath Paper IPO is expected to be finalized on Monday, March 3, 2025. Shreenath Paper IPO will be list on BSE SME with a tentative listing date fixed as Wednesday, March 5, 2025.
The company reported revenue of ₹189.67 crores in 2024 against ₹206.7 crore in 2023. The company reported profit of ₹4.39 crores in 2024 against profit of ₹4.38 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.
Shreenath Paper IPO Details
| IPO Open Date | Feb 25, 2025 |
| IPO Listing Date | Mar 05, 25 |
| IPO Price | ₹44 Per Share |
| IPO Lot Size | 3,000 |
| IPO Issue Size | Approx ₹23.36 Crores |
| IPO Listing At | BSE SME |
| IPO Issue Type | Fixed Price Issue IPO |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click Here |
Shreenath Paper IPO Market Lot
The Shreenath Paper IPO minimum market lot is 3,000 shares with ₹1,32,000 application amount.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 3,000 | ₹1,32,000 |
| Retail Maximum | 1 | 3,000 | ₹1,32,000 |
| S-HNI Minimum | 2 | 6,000 | ₹2,64,000 |
Shreenath Paper IPO Dates
The Shreenath Paper IPO date is 25 Feb 2025 and the close date is 28 Feb 2025. The Shreenath Paper IPO allotment will be finalized on 03 Mar 2025 and the IPO listing on 05 Mar 2025.
| IPO Open Date | 25 Feb 2025 |
| IPO Close Date | 28 Feb 2025 |
| Allotment finalization | 03 Mar 2025 |
| Refund initiation | 04 Mar 2025 |
| Share credit | 04 Mar 2025 |
| IPO Listing Date | 05 Mar 2025 |
Shreenath Paper IPO GMP
Shreenath Paper IPO GMP is ₹5 as of 27 Feb 2025. ➤ Today IPO GMP
About Shreenath Paper Company
Shreenath Paper Products specializes in providing supply chain solutions for industries reliant on various types of paper, including coating-based, food-grade, machine-glazed, and pressure-sensitive adhesive paper. The company supplies a diverse range of paper products such as sublimation base paper, thermal base paper, straw paper, cup stock paper, poster paper, and multiple PSA sheets. Acting as a bridge between paper product manufacturers and paper mills, the company offers paper in grades ranging from 24-350 GSM, sourced from recycled waste, bagasse, and virgin pulp.
End-use applications span across FMCG, textiles, ATM and POS printers, restaurants, food and beverages, automobiles, e-commerce, pharmaceuticals, packaging, security labels, advertising, education, and household items. The primary market includes Maharashtra, Gujarat, and Madhya Pradesh.
Shreenath Paper IPO Financial Report
The company reported revenue of ₹189.67 crores in 2024 against ₹206.7 crore in 2023. The company reported profit of ₹4.39 crores in 2024 against Profit of ₹4.38 crores in 2023. (Amount ₹ in Crores)
| Period Ended | Dec 2024 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|
| Assets | 62.25 | 60.34 | 50.95 | 30.82 |
| Revenue | 78.62 | 189.67 | 206.7 | 141.75 |
| Profit After Tax | 2.41 | 4.39 | 4.38 | 1.34 |
| Net Worth | 21.34 | 18.93 | 10.54 | 5.65 |
| Reserves and Surplus | 6.99 | 4.59 | 9.8 | 4.97 |
| Total Borrowing | 31.37 | 28.89 | 25.01 | 16.73 |
Objects of the Issue
- Meeting incremental working capital requirements
- General corporate purposes
Promoters of Shreenath Paper IPO
The promoters of the Shreenath Paper company are Hasumati Navneetdas Parekh, Harish Parekh, Hasumati Harish Parekh, Neha Parekh and Sayali Parekh, Alok Parekh, Ronak Parekh, Navneetdas Parekh.
| Share Holding Pre Issue | 100.00% |
| Share Holding Post Issue | 72.98% |
Shreenath Paper IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Shreenath Paper Contact Details
Shreenath Paper Products Limited
Shop no. 5, Plot no.136, N-1,
Masco Corner API Road,
Cidco, Aurangabad, 431003
Phone: +91 0240-2489888
Email: info@shreenathpaper.com
Website: https://shreenathpaper.com/
Shreenath Paper IPO FAQs
What is the allotment date of the Shreenath Paper IPO?
Shreenath Paper IPO allotment date is 03 Mar 2025
What is Shreenath Paper IPO Lot Size?
The minimum bid is 3,000 Shares with ₹1,32,000 amount.
What is the Shreenath Paper IPO Listing Date?
Shreenath Paper IPO listing date is 05 Mar 2025. The IPO is to list on BSE.
