Twinkle Papers Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | 2.09x | 190,000 | 398,000 | ₹1 Cr |
| NII (HNI) | 0.02x | 1,798,000 | 34,000 | ₹12 Cr |
| Retail | 0.26x | 1,800,000 | 460,000 | ₹12 Cr |
| Market Maker | — | 200,000 | — | ₹1 Cr |
| Σ Total | 0.24x | 3,788,000 | 892,000 | ₹26 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 | 2,000 | ₹138,000 |
| Retail (Max) | 13 | 26,000 | ₹1,794,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,932,000 |
| B-HNI (Min) | 67 | 134,000 | ₹9,246,000 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 73 | 84 | 59 |
| EBITDA | 11 | 10 | 8 |
| Profit After Tax | 5 | 3 | 2 |
| Net Worth | 25 | 20 | 11 |
| Total Assets | 93 | 75 | 61 |
| Reserves & Surplus | 14 | 8 | 10 |
| Total Borrowing | 54 | 41 | 34 |
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
- To meet out the capital expenditure for expansion at the existing manufacturing facility by purchase of new machinery – 6.50
- To repayment of portion of loans availed by the Company – 7.00
- To meet the Working Capital requirements of the Company – 8.00
- To meet the General Corporate Purposes –
Company Overview
Established on September 27, 1995,Twinkle Papers Limited specialises in the manufacture of packaging and material handling products. The company manufactures Corrugated Boxes and polymer-based molded packaging products.
The company's plastic products utilise advanced technologies like blow molding, injection molding, and rotational molding, primarily serving industries such as food, dairy, construction chemicals, pharmaceuticals, and textiles.
Twinkle Papers Limited produces a diverse range of products, including:
- Corrugated boxes
- Multi-colored printed fiberboard cartons
- HDPE drums and jerrycans
- Plastic crates and heavy-duty pallets
- Molded plastic furniture
- Dustbins.
The company sells its products under the brand “Twinkle”, catering to various industries. Its in-house R&D team collaborates with clients to design custom polymer solutions for their packaging challenges. The manufacturing facilities also comply with ISO 9000: 2015 systems.
The company manufactures various products, including jerry cans, drums, pallets, lids, handles, and other ancillary items for industrial packaging across multiple industries like Food and Beverage, Healthcare, Textile, Chemical, and refineries. We use HDPE and LLDPE plastic granules for production.
As of December 31, 2025, the company has 119 employees.
Competitive Strength:
- Experienced and Qualified Management and Employee base
- Strong and Consistent Financial Performance
- Growing customer base
- Scalable and reliable business model
- Experienced Promoters and Senior Management with extensive domain knowledge.