Shreenath Paper IPO
- IPO Date25 Feb, 2025 to 28 Feb, 2025
- Listing Date05 Mar, 2025
- Face Value₹10 per share
- Issue Price-
- Lot Size3000 Shares
- Minimum Investment₹0
- Listing AtBSE SME
- Total Issue Size53,10,000 Shares
- Fresh Issue53,10,000 Shares
- Offer for Sale-
- Issue TypeFixed Price Issue IPO
- Share holding pre issue1,43,44,200
- Shareholding post issue1,96,54,200
IPO Dates
Closing Date
28 Feb, 2025
Initiation of Refunds
04 Mar, 2025
Listing Date
05 Mar, 2025
25 Feb, 2025
Opening Date
03 Mar, 2025
Basis of Allotment
04 Mar, 2025
Credit of Shares
Shreenath Paper Lot Size
Investors can bid for a minimum of 3000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Max) | 1 | 3000 | ₹1,32,000 |
| S-HNI (Max) | - | - | - |
| Retail (Min) | 1 | 3000 | ₹1,32,000 |
| B-HNI (Min) | - | - | - |
| S-HNI (Min) | 2 | 6000 | ₹2,64,000 |
Shreenath Paper Promoter Holding
Alok Parekh, Ronak Parekh, Navneetdas Parekh, Hasumati Navneetdas Parekh, Harish Parekh, Hasumati Harish Parekh, Neha Parekh and Sayali Parekh are the promoters of the company.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 100% | 72.98% |
Shreenath Paper COMPANY INFORMATION
Shreenath Paper IPO is a fixed price issue of Rs 23.36 crores. The issue is entirely a fresh issue of 53.10 lakh shares. Shreenath Paper IPO opens for subscription on February 25, 2025 and closes 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. Shreenath Paper IPO price is ₹44 per share. The minimum lot size for an application is 3000. The minimum amount of investment required by retail investors is ₹1,32,000.The minimum lot size investment for HNI is 2 lots (6,000 shares) amounting to ₹2,64,000. Galactico Corporate Services Limited is the book-running lead manager of the Shreenath Paper IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.The market maker for Shreenath Paper IPO is Pure Broking Private Limited. Refer to Shreenath Paper IPO RHP for detailed information.
Incorporated in 2011, Shreenath Paper Products Limited is engaged in offering supply chain solutions to industries that use paper materials such as coated, food-grade, machine-glazed, and adhesive papers in their manufacturing processes.
The company supplies various papers, including sublimation base paper, thermal base paper, straw paper, cup stock paper, security PSA sheets, high-strength paper, C2S and C1S papers, and more.
The company understands client needs, defines specifications, sources specialized manufacturers, tests samples, procures materials in desired quantities, and supplies paper in various grades made from recycled paper, bagasse, and virgin pulp.
The company supplies paper products used in industries such as FMCG, textiles, pharmaceuticals, packaging, food & beverages, e-commerce, and more, primarily in Maharashtra, Gujarat, and Madhya Pradesh.
Product Portfolio:
Sublimation Base Paper, Thermal Base Paper, Straw Paper, Cone Sleeve, Cup Stock, ARSR etc.
- Coated Paper and Board: The company supplies coated paper used for printing annual reports, brochures, magazines, and posters, as well as for manufacturing labels, stickers, and sachets, offering improved print quality and durability.
- Coating Base: The company supplies sublimation, thermal, and NCR base papers for various applications, including textile printing, thermal printing, and carbonless copy paper, ensuring high-quality prints and efficient processes for diverse industries.
- Speciality Paper: The company supplies specialty papers such as parchment, ledger, rail bond, cup stock, MG poster, carry bag, and natural shade paper, each serving unique purposes in industries like baking, transportation, and packaging.
- Cream wove paper: The company supplies premium cream wove papers like Optima, Kappa-G, and Fine Print, offering smooth textures and high printability for brochures, invitations, packaging, and luxury promotional materials across various industries.
As of December 31, 2024, the company had 9 employees.
Competitive Strengths:
- Extensible Business Model
- Strong Network of supplier
- Multiproduct Portfolio and ability to identify customer requirements
- Strong relationships with key customers
- Experienced management team with an established track record
- Track record of financial performance
Shreenath Paper Products IPO
IPO Overview and Key Highlights
Shreenath Paper Products, a Maharashtra-based paper manufacturing company, is launching its Initial Public Offering (IPO). The IPO consists of a fresh issue of 53,10,000 equity shares with a face value of ₹10 per share, aggregating up to ₹2,336.40 lakhs. There is no Offer for Sale (OFS), making it a 100% fresh issue. The funds raised will be utilized for business expansion, working capital, and general corporate purposes. The shares will be listed on the BSE SME platform.
Key IPO Details
- Type of Issue • Fixed Price Issue
- Total Issue Size • 53,10,000 equity shares
- Face Value • ₹10 per share
- Issue Price • ₹44 per share (including ₹34 as share premium)
- Offer Opens • February 25, 2025
- Offer Closes • February 28, 2025
- Listing Exchange • BSE SME
- Market Maker Reservation • 2,82,000 equity shares
Company Overview
Shreenath Paper Products was originally incorporated as Shreenath Paper Products Private Limited in 2011 and later converted into a public company in 2023. The company operates in the paper manufacturing and supply chain industry, producing coating-based paper, food-grade packaging paper, and specialty paper products.
- Promoters • Alok Parekh, Ronak Parekh, Navneetdas Parekh, Hasumati Navneetdas Parekh, Harish Parekh, Hasumati Harish Parekh, Neha Parekh, and Sayali Parekh
- Headquarters • Aurangabad, Maharashtra
- Corporate Identification Number (CIN) • U21098MH2011PLC222833
Financial Overview
Shreenath Paper Products has exhibited consistent revenue growth, leveraging increased demand for packaging and specialty paper products. The IPO proceeds will be used to expand production capacity, improve infrastructure, and strengthen financial stability.
Key Strengths of Shreenath Paper Products
- Established Market Presence • Leading supplier of industrial and food-grade paper products.
- No OFS • Entire IPO proceeds go into business expansion.
- Growing Demand • Rising paper consumption in packaging and food industries.
- Experienced Management • Led by industry professionals with expertise in paper manufacturing.
IPO Pros and Cons
Pros
Expanding Paper Industry • Strong demand for packaging and eco-friendly paper solutions.
Proceeds Utilization • IPO funds will be used for production expansion and operational improvements.
Listing on BSE SME • Enhances credibility and future growth prospects.
Cons
Raw Material Dependency • Fluctuations in raw material prices can impact margins.
Market Competition • Faces competition from larger paper manufacturing firms.
Regulatory Challenges • Compliance with environmental and industrial regulations.
Risk Factors
Potential investors should consider the following risks before investing:
- Market Volatility • Demand for specialty paper depends on industrial growth and packaging trends.
- Operational Challenges • Scaling production while maintaining cost efficiency.
- Regulatory Compliance • Adherence to environmental laws related to paper production.
Conclusion
The Shreenath Paper Products IPO presents an opportunity to invest in a growing paper manufacturing company with strong market demand. With no Offer for Sale, all funds raised will be used for business expansion, making it an attractive investment. However, investors should evaluate risks related to raw material pricing, competition, and regulatory compliance before making a decision.
FAQs About Shreenath Paper Ipo
Shreenath Paper IPO will open on 25 Feb, 2025 and close on 28 Feb, 2025. Investors must apply within this period to participate.
The Shreenath Paper IPO price band is set between ₹44.00 and ₹0.00 per share. The minimum lot size is 3000, requiring an investment of at least ₹0.00.
The Shreenath Paper IPO shares are expected to be listed on 05 Mar, 2025, subject to regulatory approvals and final allotment.
You can track your Shreenath Paper IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Shreenath Paper IPO will be listed on major stock exchanges such as BSE, where you can trade shares once they are listed.