Nikita Papers Limited IPO Details
| Detail | Description |
|---|---|
| IPO Date | May 27, 2025 to May 29, 2025 |
| Listing Date | - |
| Face Value | ₹ 10 per share |
| Issue Price Band | ₹ 95 to ₹ 104 per share |
| Lot Size | 1,200 Shares |
| Total Issue Size | 64,94,400 shares (aggregating up to ₹ 67.54 Cr) |
| Fresh Issue | 64,94,400 shares (aggregating up to ₹ 67.54 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,81,73,500 shares |
| Share Holding Post Issue | 2,46,67,900 shares |
| Market Maker Portion | 3,26,400 shares |
About Nikita Papers Limited IPO
Nikita Papers Limited is one of the leading Kraft paper manufacturers in India, located in Shamli, Uttar Pradesh, is ready to launch its SME IPO on NSE Emerge, which will open on 27 May 2025 and close on May 29, 2025. This IPO is going to be a fresh issue of ₹64.94 lakh shares with a raising target of ₹67.54 crores for a price band of ₹95-₹104 per share. The main objective of the IPO is to set up a biomass power plant and use the funds for working capital and general corporate purposes. The company has reported its FY24 revenue of ₹346.78 crore and PAT of ₹16.6 crore.
Introduction
Nikita Papers was founded in 1989 in Shamli, Uttar Pradesh. It started operations in 1992. Since then, it is known for producing high-quality kraft paper. All the Kraft paper material produced by the company is eco-friendly and recyclable. It started with a production capacity of 3500 MT per annum with the help of UPFC and Oriental Bank of Commerce financing. The company has employees between 11 to 25 people with a turnover of ₹100-500 crore and a strong commitment to sustainable paper production.
Nikita Papers IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
Objectives of the Nikita Papers IPO
- To fund capital expenditure for setting up a biomass-based power plant, supporting the company's move towards renewable energy and energy self-sufficiency.
- To meet working capital requirements, ensure smooth day-to-day operations, and support business growth.
- For general corporate purposes, which may include strengthening the balance sheet, business expansion, and other strategic initiatives.
- To cover issue-related expenses associated with the IPO process.
Conclusion
In conclusion, Nikita Papers Limited’s IPO offers investors an opportunity to participate in a company with a strong presence in the Kraft paper segment, known for its cost-effective and durable products made from recycled materials. Backed by experienced promoters and a focus on sustainability, the company aims to use IPO proceeds for capacity expansion and operational needs. Its established market position and growth potential make it a noteworthy contender in the SME IPO space.
Nikita Papers Limited IPO Financial Information
Latest Revenue
272.38
₹ Crore
Profit After Tax
15.68
₹ Crore
Net Worth
93.05
₹ Crore
Total Borrowing
206.71
₹ Crore
| Period Ended | Assets | Revenue From Operations | Profit After Tax | Net Worth | Total Borrowing | ||||
|---|---|---|---|---|---|---|---|---|---|
| 31 Dec 2024 | 349.78 | 272.38 | 15.68 | 93.05 | 206.71 | ||||
| 31 Mar 2024 | 299.00 | 346.78 | 17 | 77.37 | 189.24 | ||||
| 31 Mar 2023 | 256.80 | 401.31 | 8.65 | 54.74 | 163.02 | ||||
| 31 Mar 2022 | 235.30 | 358.49 | 6.95 | 46.10 | 124.74 | ||||
| Amount in ₹ Crore | |||||||||
Nikita Papers Limited Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 21.45% |
| ROCE | 28.71% |
| Debt/Equity | 0.45 |
| RoNW | 21.45% |
| PAT Margin | 4.79 |
| Price to Book Value | 2.44 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 9.13 | 8.48 |
| P/E (x) | 11.39 | 12.27 |
Frequently Asked Questions
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Competitive Strengths
Extensive Industry Experience
Diverse Product Range
Focus on Sustainability
Strong Distribution Network
Continuous Capacity Expansion
Download regulatory filings
Nikita Papers Limited IPO Timeline
| IPO Open Date | Tue, May 27, 2025 |
| IPO Close Date | Thu, May 29, 2025 |
| Tentative Allotment | Fri, May 30, 2025 |
| Initiation of Refunds | Mon, Jun 2, 2025 |
| Credit of Shares to Demat | Mon, Jun 2, 2025 |
| Tentative Listing Date | Tue, Jun 3, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on May 29, 2025 |
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹1,24,800 |
| Retail (Max) | 1 | 1200 | ₹1,24,800 |
| HNI (Min) | 2 | 2400 | ₹2,49,600 |