Subam Papers Limited IPO, GMP, Details, Price, And Review IPO Details
| Detail | Description |
|---|---|
| IPO Date | September 30, 2024 to October 3, 2024 |
| Listing Date | [.] |
| Face Value | ₹ 10 per share |
| Price Band | ₹ 144 to ₹ 152 per share |
| Lot Size | 800 Shares |
| Total Issue Size | 61,64,800 shares (aggregating up to ₹ 93.70 Cr) |
| Fresh Issue | 61,64,800 shares (aggregating up to ₹ 93.70 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Shareholding pre issue | 1,70,80,070 |
| Shareholding post issue | 2,32,44,870 |
| Market Maker portion | 3,08,800 shares Gretex Share Broking |
About Subam Papers Limited IPO, GMP, Details, Price, And Review
Subam Papers Limited, a company engaged in paper products and kraft paper manufacturing, proudly calls themselves the packaging solution offering company. Beginning its journey in 2004, the company manufactures paper cones. It even expanded its product base with the addition of Duplex Board and Kraft Paper to its portfolio. Further, the company isn’t like traditional paper manufacturers as they don’t produce the products using wood pulp. Instead, it uses waste paper as raw material for the Duplex Board and Kraft Papers. Subam Papers Limited, with this initiative, aims to preserve mother nature. They tend to drive the company with the principle of recycling.
Subam Papers IPO Overview:
• Issue Size: ₹93.70 crores
• Type: Fresh issue
• Total Shares Offered: 61.65 lakh shares
• Price Band: ₹144 to ₹152 per share
• Minimum Lot Size: 800 shares ( ₹115,200 to ₹121,600 per lot)
Subscription Details
• Open Date: September 30, 2024
• Close Date: October 3, 2024
Key Participants
• Book Running Lead Manager: Gretex Corporate Services Limited
• Registrar: Bigshare Services Pvt Ltd
• Market Maker: Gretex Share Broking
Subam Papers Limited IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Net Issue |
| Retail Shares Offered | Not less than 35.00% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15.00% of the Net Issue |
Company & Financials
Subam Papers Limited was incorporated in October 2004 as a manufacturer of paper products and Kraft Papers. They use waste paper as their raw materials. As of March 31, 2024, Kraft Paper’s installed capacity of the company was 300 metric tons per day (MTPD). It resulted in 93,600 tons of total annual capacity. They even maintain a sizeable raw material storage facility for ensuring sufficient amount of reserves, thereby enabling consistent production within the high-quality products for the packaging industry. Furthermore, the products manufactured are used in various industries, including textiles, food, FMCG, distilleries, automobiles, electrical and electronics, pharmaceuticals, and printing, wherein the packaging remains essential.
Subam Papers Limited IPO, GMP, Details, Price, And Review Financial Information
Latest Revenue
49,697.31
₹ Crore
Profit After Tax
3,341.8
₹ Crore
Net Worth
19,904.12
₹ Crore
Total Borrowing
18,340.77
₹ Crore
| Period Ended | Assets | Revenue From Operations | Profit After Tax | Net Worth | Total Borrowing | ||||
|---|---|---|---|---|---|---|---|---|---|
| 31 Mar 2024 | 46,046.1 | 49,697.31 | 3,341.8 | 19,904.12 | 18,340.77 | ||||
| 31 Mar 2023 | 41,434.65 | 51,062.36 | -26.79 | 16,562.32 | 16,282.61 | ||||
| 31 Mar 2022 | 39,418.33 | 33,259.87 | 2,600.23 | 16,589.11 | 15,573.37 | ||||
| Amount in ₹ Crore | |||||||||
IPO Estimated Listing Return
Based on the IPO Price of ₹152 (highest price band), the latest uploaded Grey Market Premium (GMP) of ₹127 and a lot size of 800 shares.
Subam Papers Limited IPO, GMP, Details, Price, And Review GMP TREND (DAILY UPDATES)
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| 2024-10-08 | ₹152 | ₹12 (7.89%) | - |
Subam Papers Limited IPO, GMP, Details, Price, And Review Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 16.79% |
| ROCE | 20.84% |
| Debt/Equity | 0.92 |
| RoNW | 16.79% |
| P/BV | 1.24 |
| PAT Margin (%) | 6.77 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 19.57 | 14.38 |
| P/E (x) | 7.77 | 10.57 |
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
Download regulatory filings
Subam Papers Limited IPO, GMP, Details, Price, And Review IPO Timeline
| IPO Open Date | Monday, September 30, 2024 |
| IPO Close Date | Thursday, October 3, 2024 |
| Basis of Allotment | Friday, October 4, 2024 |
| Initiation of Refunds | Monday, October 7, 2024 |
| Credit of Shares to Demat | Monday, October 7, 2024 |
| Listing Date | Tuesday, October 8, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on October 3, 2024 |
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹121,600 |
| Retail (Max) | 1 | 800 | ₹121,600 |
| HNI (Min) | 2 | 1,600 | ₹243,200 |