IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 154,800 (5%) | — | ₹15 Cr |
| NII (HNI) | — | 1,489,200 (45%) | — | ₹1,430 Cr |
| Retail | — | 1,490,400 (45%) | — | ₹1,431 Cr |
| Market Maker | — | 165,600 (5%) | — | ₹16 Cr |
| Σ Total | — | 3,300,000 (100%) | — | ₹31,680 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹115,200 |
| Retail (Max) | 13 | 15,600 | ₹1,497,600 |
| S-HNI (Min) | 14 | 16,800 | ₹1,612,800 |
| B-HNI (Min) | 67 | 80,400 | ₹7,718,400 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 139 | 97 | 91 |
| EBITDA | 11 | 5 | 2 |
| Profit After Tax | 7 | 3 | 1 |
| Net Worth | 14 | 7 | 4 |
| Total Assets | 35 | 33 | 30 |
| Reserves & Surplus | 7 | 6 | 3 |
| Total Borrowing | 11 | 16 | 16 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Capital Expenditure – 4.28
- To Meet Working Capital Requirements – 45.75
- General Corporate Purpose – 7.92
Company Overview
Incorporated in 2019, Aten Papers & Foam Limited is operates as a key intermediary in the paper product supply chain.
The company sources paper from various mills and supplies it to clients in the packaging industry.
The company offers Kraft paper, duplex boards, and other products in various grades, thicknesses, and sizes, while also purchasing and selling wastepaper to paper mills as a crucial raw material.
Products:
- Kraft Paper: The company sells recycled Kraft paper for packaging, primarily to Gujarat-based customers with varying credit periods.
- Absorbent Kraft Paper: The company sells absorbent Kraft paper, recycled by mills, used in interior décor and furniture.
- Paper Bag Kraft Paper: The company produces durable, eco-friendly Kraft paper bags for packaging groceries, medical items, and more.
- Tube Kraft Paper: The company uses materials like wood pulp, kraft paper, and cardboard to manufacture tubes based on application.
As on November 30th, 2024, the company had 14 employees.
Competitive Strengths:
- Experienced Senior Management Team
- Variety of Products
- High Credibility with the Banker and existing lines of Credit since 2019
- In-house Logistics
- Ready Stock