SME · BSESubscribed: 1.31×
Aten Papers and Foam Limited

Aten Papers and Foam Limited

Aten Papers and Foam Limited(ATENPAPERS)

Total Shares

33,00,000

Issue Size

₹31.68 Cr

Price Band

91 – ₹96

Lot Size

1200 shares

Min. Investment

1,15,200

Max. Investment

1,15,200

Open Date

28 Mar, 2025

Close Date

02 Apr, 2025

Allotment

03 Apr, 2025

Listing

07 Apr, 2025

Announced

28 Mar, 2025

Opening Date

28 Mar, 2025

Closing Date

02 Apr, 2025

Basis of Allotment

03 Apr, 2025

Initiation of Refunds

19 Jun, 2025

Credit of Shares

19 Jun, 2025

Listing Date

07 Apr, 2025

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About Aten Papers and Foam Limited IPO

Incorporated in 2019, Aten Papers & Foam Limited is operates as a key intermediary in the paper product supply chain.

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The company sources paper from various mills and supplies it to clients in the packaging industry.

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The company offers Kraft paper, duplex boards, and other products in various grades, thicknesses, and sizes, while also purchasing and selling wastepaper to paper mills as a crucial raw material.

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Products:

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  • Kraft

Aten Papers and Foam Limited IPO Share Price and Issue Size

Issue Breakdown

Total Issue33,00,000 shares₹31.68 Cr
Fresh Issue33,00,000 shares₹31.68 Cr
Offer for Sale0 shares

Shareholding

Pre-Issue70,00,000
Post-Issue1,03,00,000

Dilution: 47.1% increase in shares

Aten Papers and Foam Limited IPO Financials Health

Aten Papers and Foam Limited IPO Lot Size

ApplicationLotsSharesAmount
Retail Minimum112001,15,200
Retail Maximum112001,15,200
HNI Minimum224002,30,400

(All values in CR)

Aten Papers and Foam Limited IPO Valuation

MetricValue
DEBT/EQUITY2.23
EPS Post IPO7.41
EPS Pre IPO3.97
P/E Post IPO12.95
P/E Pre IPO24.16
PAT MARGIN2.87
PRICE TO BOOK VALUE9.55
ROCE23.23%
ROE49.31%
RONW39.55%

(All values in CR)

Strength & Risk of Aten Papers and Foam Limited IPO

+Strengths
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\n 1. Experienced Promoter and management team with proven execution capabilities.\n

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\n 2. Quality control.\n

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\n 3. Customization as per Customer Needs.\n

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\n 4. Pan India Customer Base.\n

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!Risks
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\n 1. There are outstanding legal proceedings involving the Company, Promoters and Directors. Any adverse decision in such proceeding may have a material adverse effect on its business, results of operations and financial condition.\n

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\n 2. Demand for its products may decrease due to changes in consumer preferences and fashion habits, which could have a material adverse effect on its business, results of operations, and financial condition.\n

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\n 3. Jewellery and often perceived as luxury purchases. Any factor negatively impacting discretionary spending by consumers may adversely affect its business, results of operations, financial condition and prospects.\n

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\n 4. The non-availability or high cost of quality gold bullion, silver, diamonds and other precious and semiprecious stones may have an adverse effect on its business, results of operations and financial condition.\n

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\n 5. Fluctuation in prices, non-availability or high cost of quality of gold, silver, diamonds and other precious and semi-precious stones may have an adverse effect on its business, results of operations and financial condition.\n

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\n 6. The company does not register its Jewellery designs under the Designs Act, 2000 and its may lose income if its designs are duplicated by competitors. The company's Jewellery is designed by its job workers.\n

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\n 7. The Company has been formed specifically for the purpose of acquisition of the business of M/s Vaibhav Gems (Proprietorship firm of its Promoter) thus the company has limited operating history as a Company which may make it difficult for investors to evaluate its historical performance or future prospects.\n

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\n 8. The company generally do business with its customers on purchase order basis and does not enter into long term contracts with most of them.\n

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\n 9. Business Transfer Agreement executed between M/s Vaibhav Gems and the Company contains some restrictive covenants with certain terms and conditions. Inability to effectively service / comply the terms and conditions, comply with or obtain waivers of some covenants, as the case may be, may adversely affect its business, results of operations and financial conditions.\n

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\n 10. Its income and sales are subject to seasonal fluctuations and lower income in a peak season may have a disproportionate effect on its results of operations.\n

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Aten Papers and Foam Limited IPO Subscription Status

Investor CategorySubscription (times)Shares OfferedShares bid forTotal Amount (Rs Cr.)
HNI3.694,70,40017,34,00016.65
Market Maker1.001,65,6001,65,6001.59
QIBNaN15,66,00000
Retail2.1510,98,00023,64,00022.69
Total1.3131,34,40040,98,00039.34

Aten Papers and Foam Limited IPO GMP

00.0%

Last updated 26 Mar, 2025 · Source: aggregated grey-market dealers

DateIPO PriceGMPSub2 SaudaEst. ListingEst. ProfitUpdated
26 Mar, 202596₹0--₹96 (0.00%)-26 Mar, 2025
27 Mar, 202596₹0--₹96 (0.00%)-27 Mar, 2025
28 Mar, 202596₹0--₹96 (0.00%)-28 Mar, 2025

Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.

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3

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