Shreenath Paper Products Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 2,514,000 (47%) | — | ₹1,106 Cr |
| Retail | — | 2,514,000 (47%) | — | ₹1,106 Cr |
| Market Maker | — | 282,000 (5%) | — | ₹12 Cr |
| Σ Total | — | 5,310,000 (100%) | — | ₹23,364 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 | 3,000 | ₹132,000 |
| Retail (Max) | 13 | 39,000 | ₹1,716,000 |
| S-HNI (Min) | 14 | 42,000 | ₹1,848,000 |
| B-HNI (Min) | 67 | 201,000 | ₹8,844,000 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 79 | 190 | 207 |
| Profit After Tax | 2 | 4 | 4 |
| Net Worth | 21 | 19 | 11 |
| Total Assets | 62 | 60 | 51 |
| Reserves & Surplus | 7 | 5 | 10 |
| Total Borrowing | 31 | 29 | 25 |
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
- Meeting incremental working capital requirements –
- General corporate purposes –
Company Overview
Incorporated in 2011, Shreenath Paper Products Limited is engaged in offering supply chain solutions to industries that use paper materials such as coated, food-grade, machine-glazed, and adhesive papers in their manufacturing processes.
The company supplies various papers, including sublimation base paper, thermal base paper, straw paper, cup stock paper, security PSA sheets, high-strength paper, C2S and C1S papers, and more.
The company understands client needs, defines specifications, sources specialized manufacturers, tests samples, procures materials in desired quantities, and supplies paper in various grades made from recycled paper, bagasse, and virgin pulp.
The company supplies paper products used in industries such as FMCG, textiles, pharmaceuticals, packaging, food & beverages, e-commerce, and more, primarily in Maharashtra, Gujarat, and Madhya Pradesh.
Product Portfolio:
Sublimation Base Paper, Thermal Base Paper, Straw Paper, Cone Sleeve, Cup Stock, ARSR etc.
- Coated Paper and Board: The company supplies coated paper used for printing annual reports, brochures, magazines, and posters, as well as for manufacturing labels, stickers, and sachets, offering improved print quality and durability.
- Coating Base: The company supplies sublimation, thermal, and NCR base papers for various applications, including textile printing, thermal printing, and carbonless copy paper, ensuring high-quality prints and efficient processes for diverse industries.
- Speciality Paper: The company supplies specialty papers such as parchment, ledger, rail bond, cup stock, MG poster, carry bag, and natural shade paper, each serving unique purposes in industries like baking, transportation, and packaging.
- Cream wove paper: The company supplies premium cream wove papers like Optima, Kappa-G, and Fine Print, offering smooth textures and high printability for brochures, invitations, packaging, and luxury promotional materials across various industries.
As of December 31, 2024, the company had 9 employees.
Competitive Strengths:
- Extensible Business Model
- Strong Network of supplier
- Multiproduct Portfolio and ability to identify customer requirements
- Strong relationships with key customers
- Experienced management team with an established track record
- Track record of financial performance