About Kopybright India IPO
Kopybright India IPO Details
Kopybright India IPO is a 100% book-built issue of 76.16 lakh equity shares, comprising a fresh issue of 59.56 lakh shares and an offer for sale (OFS) of 14.69 lakh equity shares, with a face value of ₹10 per share. The company filed its DRHP with SEBI on March 06, 2026.
The price band and official dates of listing and subscription will be announced by the company later, but the shares are supposed to be listed on the NSE SME platform. The book-running lead manager of the issue is Affinity Global Capital Market Private Limited, while the registrar to the issue is Kfin Technologies Limited.
Kopybright India IPO Date & Timeline
Kopybright India Ltd. officially filed its Draft Red Herring Prospectus (DRHP) on March 06, 2026. However, the specific Kopybright India IPO date and subscription timeline remain unannounced. Following regulatory approval, the company will finalize the price band and bidding dates. Once cleared, the schedule for anchor allotment, public bidding and the final listing on the exchange will be formally disclosed.
Kopybright India IPO Timeline
| IPO Open Date | - |
| IPO Close Date | - |
| Basis of Allotment | - |
| Initiation of Refunds | - |
| Credit of Shares to Demat | - |
| Listing Date | - |
| Cut-off time for UPI mandate confirmation | - |
Kopybright India IPO Details
| Detail | Description |
|---|---|
| IPO Date | - |
| Listing Date | - |
| Face Value | ₹ 10 per share |
| Issue Price Band | - |
| Lot Size | - |
| IPO Type | Fresh Issue + Offer For Sale |
| Total Issue Size | 74,16,000 shares (agg. up to ₹[.] Cr) |
| Reserved for Market Maker | - |
| Fresh Issue(Ex Market Maker) | 59,56,800 shares (agg. up to ₹[.] Cr) |
| Offer for Sale | 14,59,200 shares of ₹10 (agg. up to ₹[.] Cr) |
| Net Offered to Public | - |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,65,80,038 shares |
| Share Holding Post Issue | 2,25,36,838 shares |
Kopybright India IPO GMP (Grey Market Premium)
“Grey Market Premium” or GMP is defined as the rate at which the IPO's shares are traded in the market before they are officially listed on the stock exchange.
The March 06, 2026 IPO GMP is currently trading at ₹[.], reflecting the sentiment of unofficial investors before the official listing. This premium suggests a potential listing price of ₹[.], which is [.]% above the issue price. While the Grey Market Premium is a key indicator of demand and investor appetite, it is important to remember that GMP is highly volatile and should not be the sole factor in your investment decisions.
Company Background
Kopybright India Ltd. was incorporated on January 17, 2018, in Howrah, West Bengal, as a private limited company and then, on January 16, 2024, the company transformed into a public limited company to proceed with its public listing procedure.
The company has methodically expanded its operations to meet regional demand with a primary focus on the B2B processing of copiers and printing paper. Over the years, the firm has built an operational framework designed to support continuous manufacturing volumes and a stable supply chain execution.
Operations & Product Range
The operational framework of Kopybright India Ltd. involves the cutting, sizing, finishing and packaging of large paper reels into standardised and customized products. The product range is diverse, encompassing copier and printing paper in multiple sizes and specific GSM (grams per square metre) weights. The company also supplies colored copier paper in various shades. While the target customer base is predominantly positioned within the B2B market, the company simultaneously engages in B2C sales, fulfils government tenders and manages white-label manufacturing for other paper brands.
Facilities & Capacity
Kopybright India Ltd. operates a processing plant in the Sankrail Industrial Park in West Bengal, which specialises in slitting, sheeting, wrapping and packaging services using equipment like the Line-O-Matic Fully Automatic Converting line. With this listing, the company plans to set up another production facility in Greater Noida, Uttar Pradesh, for the enhancement of the production facility and to meet the manufacturing demand as per the client's requirements.
Brands & Market Presence
Kopybright India Ltd. has solidified its market presence by adhering to strict production standards across its offerings. The company is recognized by the DPIIT under the Startup India program and operates as a BIS-certified A4 paper manufacturer, validating the structural quality of its flagship products. The company’s market exposure spans private enterprise clients, direct consumers and government procurement platforms like GeM. The firm focuses aggressively on domestic market penetration to ensure steady product demand and consistent brand visibility.
Revenue Streams & Business Model
Kopybright India Ltd. generates its core revenue through the sale of processed copiers and printing paper to high-volume B2B clients. The business model involves procuring raw paper reels and applying value-added processes before final distribution. Secondary revenue is secured via government tenders and specialised white-label manufacturing contracts. By operating across multiple distribution channels, the company maintains a stable financial structure that minimises absolute reliance on any single consumer segment or geography.
Management & Shareholding
Kopybright India Ltd. is led by promoters Mr. Vedant Behany, Mr. Neerav Behany and Mrs. Priyanshi Mohta. Before the IPO, the promoters held an 80.94% stake and the promoter group held a 15.35% stake in the company, but after the IPO, the promoters’ and promoters shareholding will be slightly diluted as the offering includes 14.59 lakh shares by existing shareholders.
Board & Key Management
The leadership of Kopybright India Ltd. is led by a team of experts with many years of experience. Yogesh Bhanwarlal Dave serves as the Chairman and gives strategic direction to the firm. The daily operations are managed by Vedant Behany, the Managing Director, along with Whole-Time Director Neerav Behany. To ensure good governance, the board includes Independent Directors for honest oversight. Together, this team uses its knowledge to help the company grow and stay successful.
Kopybright India IPO Financial Information
Latest Revenue
28.92
₹ Crore
Profit After Tax
5.62
₹ Crore
Net Worth
26.33
₹ Crore
Total Borrowing
25.28
₹ Crore
| Period Ended | Assets | Revenue From Operations | Profit After Tax | Net Worth | Reserves & Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Sep 2025 | 70.82 | 28.92 | 5.62 | 26.33 | 22.79 | 25.28 |
| 31 Mar 2025 | 54.91 | 50.02 | 8.00 | 16.66 | 13.23 | 23.65 |
| 31 Mar 2024 | 36.30 | 44.17 | 4.85 | 8.66 | 5.23 | 18.39 |
| 31 Mar 2023 | 19.46 | 23.90 | 1.98 | 3.81 | 2.43 | 11.09 |
| Amount in ₹ Crore | ||||||
Kopybright India Key Performance Indicator
| KPI | Values(31 Mar 2026) |
|---|---|
| ROE | 21.35 % |
| ROCE | 19.60 % |
| Debt/Equity | 0.96 |
| RoNW | 42.69 % |
| PAT Margin | 19.43 % |
| EBITDA Margin | 29.31 % |
| Price to Book Value | - |
Kopybright India IPO Objectives
The company intended to utilise the Kopybright India IPO proceeds for strategic purposes:
- • Funding the working capital requirements
- • Repayment or prepayment of debt (in part or in full)
- • Funding the capital expenditure requirement of upgrading the machinery installation
- • General corporate purposes
- • Funding the public procedure offer expenses
Kopybright India IPO Review
Kopybright India Ltd. operates within a specific niche in the paper conversion industry, focusing on Kopybright and serving the essential printing supplies segment. This includes catering to the demands of commercial, educational and public sectors. With modern converting infrastructure in place, the company is capable of scaling production efficiently. Its recent expansion into Northern India reflects a strategic effort to strengthen its presence in the regional market.
Financially, the company has demonstrated stability in FY25, as the total income was reported at ₹50.63 crore and PAT was at ₹7.99 crore with an EBITDA of ₹13.59 crore. Notably, the top 10 customers contributed around ₹37.28 crore, which is 74.55% of the total revenue from operations.
However, the business remains dependent on a stable supply of raw paper and fluctuations in procurement costs may impact profit margins. Overall, the company has a well-structured business model characterized by steady growth and planned capital expenditure.
Conclusion
Kopybright India IPO is an opportunity for investors to invest in a growing company that provides a window into a growing B2B paper processing operation. The firm has demonstrated consistent financial growth driven by an expanding manufacturing footprint and a focus on quality certifications. With a diversified distribution network across private and public sectors, the company maintains a stable foundation for ongoing industry operations. With the listing, the company aims to fund its machinery upgradation and maintaining its daily operations smoothly.
Frequently Asked Questions
Recommended Advisory Services
Ready to take your company public? Explore our specialized IPO advisory services tailored for Indian enterprises.
The India IPO Publication is managed by an editorial team that includes highly experienced finance journalists, market researchers and professionals from the capital markets industry who strive to create high-quality content based on credible sources. Our editors write about IPOs, capital markets, corporate news, capital-raising strategies, regulations and other business matters to ensure our audience stays updated with the latest information. We conduct detailed research and fact-check all information before publishing any content to ensure credibility.
Competitive Strengths
Fully equipped manufacturing facilities capable of managing internal processing and packaging for consistent quality output.
Stringent internal quality control supported by ISO and BIS certifications.
Strategic facility locations in West Bengal and Uttar Pradesh providing streamlined access to raw materials and core markets.
Diversified revenue models that include private B2B clients, GeM government tenders and white-label manufacturing.
Download regulatory filings
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 0 | 0 | 0 |
| Individual investors (Retail) (Max) | 0 | 0 | 0 |
| S-HNI (Min) | 0 | 0 | 0 |
| S-HNI (Max) | 0 | 0 | 0 |
| B-HNI (Min) | 0 | 0 | 0 |