
Abril Paper Tech IPO
Abril Paper Tech Ltd. is launching a fixed-price SME IPO on the Bombay Stock Exchange that opens on August 29, 2025 and closes on September 2, 2025. The listing is scheduled for September 5, 2025, subject to confirmation. The issue size is approximately ₹13.42 crore at ₹61 per share. Part of the issue will be taken up by promoters as well as their group companies for internal strength and confidence in themselves. The lot size is 2,000 shares per lot, so retail investors making a minimum commitment of around ₹2,44,000 must comply with it under the present SME rules.
Company Background
Abril Paper Tech is a manufacturer based in Surat with a focus on sublimation heat transfer paper, garment digital printing, textiles, hosiery and home furnishing. This firm has grown from a trading house to its own manufacturing plants in Surat. When the company's production of coated paper blanks is the volume, timing and technical service offered at delivery, that is important to printing centres all over India. At its inception, the company was the outcome of the partnerships during 2019 - 2021 and it was registered in 2023. Now headed by Managing Director Vipul Dobariya, while promoters Ashvinbhai Lathiya and Prince Lathiya remain on board.
Operations & Product Range
Abril Paper Tech IPO produces coated sublimation paper across a broad spectrum of GSM grades from 30, 65, 75 and 90. To match the different printing speeds and ink loads, the coated paper is designed specially so that it has high ink absorption, quick drying and low bleeding to improve print yield and reduce wastage. The company supplies B2B to printers, converters and distributors in textile clusters and offers technical assistance to help optimize print settings.
Facility & Production
Abril Paper Tech IPO has a manufacturing facility based in Surat with several production lines running off the shelf and cut accordingly to accommodate different machines or applications. The company holds stock for the normal base paper and other coating chemicals in order to maintain a steady output and deliver orders promptly. Quality control is emphasized at coating, slitting and final inspection stages before shipment.
Brands & Market Presence
As a B2B supplier, the brand visibility of Abril Paper Tech IPO lies in product performance and service reliability, not consumer marketing. It has built up presence through an all-India sales and distributor network, on-site guidance and rapid assistance to sort print problems out. Relationships in textile printing hubs, repeat orders and referrals drive much of the market traction.
Revenue Channels
- Sales of a number of coated sublimation heat transfer papers (30 to 90 GSM across grades and a flexible range halt widths) is what the company does.
- Custom specifications and roll formats for high-speed lines or special applications, priced to order.
- After-sales technical support that helps improve outcomes and supports repeat business.
Management & Shareholding
Promoters & shareholding
In the promoter group of Abril Paper Tech IPO are Vipul Dobariya, Managing Director, Ashvinbhai Lathiya, Whole-time Director and Prince Lathiya, Non-Executive Director. The pre- and post-issue shareholding dilutes, while handling operational control of the business by the promoter group is retained.
Board members
The board of Abril Paper Tech IPO consists of executive and non-executive directors, including directors that are independent of our company and responsible for audit, nomination and stakeholder committees. The line-up combines manufacturing expertise with seasoned sales know-how as well as good governance.

WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Abril Paper Tech IPO
GMP Date | IPO Price | GMP | Last Updated |
---|---|---|---|
- | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Abril Paper Tech IPO Details
Detail | Description |
---|---|
IPO Date | August 29, 2025 to September 2, 2025 |
Listing Date | - |
Face Value | ₹10 per share |
Issue Price | ₹61 per share |
Lot Size | 2,000 Shares |
Sale Type | Fresh Capital |
Total Issue Size | 22,00,000 shares (aggregating up to ₹13.42 Cr) |
Reserved for Market Maker | 1,12,000 shares (aggregating up to ₹0.6832 Cr) B.N.Rathi Securities Ltd. |
Net Offered to Public | 20,88,000 shares (aggregating up to ₹12.74 Cr) |
Issue Type | Fixed Price IPO |
Listing At | BSE SME |
Share Holding Pre Issue | 57,81,840 shares |
Share Holding Post Issue | 79,81,840 shares |
Abril Paper Tech IPO Timeline
Detail | Description |
---|---|
IPO Open Date | Fri, Aug 29, 2025 |
IPO Close Date | Tue, Sep 2, 2025 |
Tentative Allotment | Wed, Sep 3, 2025 |
Initiation of Refunds | Thu, Sep 4, 2025 |
Credit of Shares to Demat | Thu, Sep 4, 2025 |
Tentative Listing Date | Fri, Sep 5, 2025 |
Cut-off time for UPI mandate confirmation | 5 PM on September 2, 2025 |
Abril Paper Tech IPO Lot Size
Application | Lots | Shares | Amount |
---|---|---|---|
Individual investors (Retail) (Min) | 2 | 4,000 | ₹2,44,000 |
Individual investors (Retail) (Max) | 2 | 4,000 | ₹2,44,000 |
HNI (Min) | 3 | 6,000 | ₹3,66,000 |
Abril Paper Tech IPO Promoter Holding
Share Holding Pre Issue | Share Holding Post Issue |
---|---|
Share Holding Pre Issue | 85.20% |
Share Holding Post Issue | 61.71% |
Competitive Strength:
- ● A focused niche in sublimation heat-transfer paper, with numerous GSM options to match digital textile printing.
- ● A manufacturing base in Surat with several coating lines close to key textile ecosystems.
- ● Sell and distribute throughout the whole of India, but still have a good after-sales technical service network.
- ● Operational discipline in coating quality, slitting accuracy and timely dispatches.
Abril Paper Tech IPO Financial Information
Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Total Borrowing | |||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
31 Mar 2025 | 12.97 | 60.91 | 1.41 | 10.52 | 1.07 | |||||||||||||||||||||||||||||||||||
31 Mar 2024 | 8 | 7 | 0 | 6 | - | |||||||||||||||||||||||||||||||||||
Amount in ₹ Crore |
Key Performance Indicator
KPI | Values |
---|---|
ROE | 18.03% |
ROCE | 16.38% |
Debt/Equity | 0.1 |
RoNW | 13.43% |
PAT Margin | 2.32% |
EBITDA Margin | 3.30% |
Price to Book Value | 3.35 |
Pre IPO | Post IPO | |
---|---|---|
EPS (Rs) | 2.44 | 2 |
P/E (x) | 24.96 | 34 |
Objectives of Abril Paper Tech IPO
- Working capital to support inventory, receivables and volume scale-up in a raw-material-intensive coating business.
- General corporate purposes, including marketing, distribution strengthening and minor capacity/line optimizations.
Conclusion
Abril Paper Tech IPO gives you access to the specialized consumables segment within digital textiles printing. Offering a multi-GSM range, a Surat-based production factory and technical after-sales service makes it easy to provide printing centers with constant quality. The fixed-price IPO at ₹61 per share, lot size of 2,000 shares and an issue size of about ₹13.42 crore signal a growth-focused fundraise aimed at working capital and operational strengthening.
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Frequently asked Questions (FAQs )
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● What are the Abril Paper Tech IPO dates?
The IPO opens on August 29, 2025 and closes on September 2, 2025.
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● What is the issue size and price?
The issue size is approximately ₹13.42 crore at a fixed price of ₹61 per share (face value ₹10).
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● Where will Abril Paper Tech IPO list?
The shares are intended to be listed on the BSE SME platform, with a tentative listing date of September 5, 2025.
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● What does the company make?
Abril manufactures sublimation heat transfer paper in multiple GSM grades (30/65/75/90 GSM) for garments, textiles, hosiery and home furnishings.