Shreenath Paper IPO GMP; Shreenath Paper IPO is a fixed price issue of Rs 23.36 crores. The issue is entirely a fresh issue of 53.10 lakh shares.
Shreenath Paper IPO opens for subscription on February 25, 2025 and closes on February 28, 2025. The allotment for the Shreenath Paper IPO is expected to be finalized on Monday, March 3, 2025. Shreenath Paper IPO will be list on BSE SME with a tentative listing date fixed as Wednesday, March 5, 2025.
Shreenath Paper IPO price is ₹44 per share. The minimum lot size for an application is 3000. The minimum amount of investment required by retail investors is ₹1,32,000.The minimum lot size investment for HNI is 2 lots (6,000 shares) amounting to ₹2,64,000.
Stay tuned with IPO Wheel to get more details about Shreenath Paper IPO Date, Price, GMP Review Details including business overview, financial performance, live subscription status, allotment details, daily grey market premium (GMP), listing date, and listing price.
Shreenath Paper IPO Overview
| Company Name | Shreenath Paper Products Limited |
| IPO Date | February 25, 2025 – February 28, 2025 |
| Listing Date | March 5, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹44 per share |
| Lot Size | 3,000 Shares |
| Total Issue Size | 53,10,000 shares (₹23.36 Cr) |
| Fresh Issue | 53,10,000 shares (₹23.36 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Pre-Issue Shareholding | 1,43,44,200 shares |
| Post-Issue Shareholding | 1,96,54,200 shares |
| Market Maker Portion | 2,82,000 shares |
Shreenath Paper IPO GMP (Grey Market Premium) Trend Live Rates
| Date | IPO GMP (₹) | GMP Trend | Kostak (₹) | Subject to (₹) |
|---|---|---|---|---|
| 28 February | ₹- | – | ₹- | ₹- |
| 27 February | ₹- | – | ₹- | ₹- |
| 26 February | ₹- | – | ₹- | ₹- |
Shreenath Paper IPO Lot Size & Investment Details
| Application Type | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹1,32,000 |
| Retail (Max) | 1 | 3000 | ₹1,40,000 |
| HNI (Min) | 2 | 6000 | ₹2,64,000 |
- Retail Investors can apply for only one lot (3000 shares).
- HNI Investors must bid for at least two lots (6000 shares) or more.
Shreenath Paper IPO Financial Information (Restated) (₹ in Crores)
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Total Assets (₹ Cr) | 62.25 | 60.34 | 50.95 | 30.82 |
| Revenue (₹ Cr) | 78.62 | 189.67 | 206.7 | 141.75 |
| Profit After Tax (₹ Cr) | 2.41 | 4.39 | 4.38 | 1.34 |
| Net Worth (₹ Cr) | 21.34 | 18.93 | 10.54 | 5.65 |
| Reserves & Surplus (₹ Cr) | 6.99 | 4.59 | 9.8 | 4.97 |
| Total Borrowing (₹ Cr) | 31.37 | 28.89 | 25.01 | 16.73 |
- Revenue Decline: The company’s revenue decreased from ₹206.7 Cr in FY23 to ₹189.67 Cr in FY24, indicating a slowdown.
- Stable Profits: Profit After Tax (PAT) remained steady at around ₹4.39 Cr in FY24 compared to ₹4.38 Cr in FY23.
- Increasing Borrowings: Total borrowings rose from ₹16.73 Cr in FY22 to ₹31.37 Cr as of Dec 2024, suggesting reliance on debt for expansion.
- Growing Net Worth: The company’s net worth increased from ₹5.65 Cr in FY22 to ₹21.34 Cr in Dec 2024, reflecting business expansion.
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About Shreenath Paper Limited Company
Shreenath Paper Products Limited is a company engaged in sourcing and supplying various paper products to meet industry-specific requirements. Established in 2011, the company primarily operates in the domestic market, with a strong presence in Maharashtra, Gujarat, and Madhya Pradesh. It serves as a bridge between manufacturers and paper mills, curating technical specifications, identifying suitable manufacturers, placing orders, testing samples, and procuring materials for its customers.
- Founded in – 2011
- Managing Director – Mr. Alok Parekh
What is the issue size of Shreenath Paper IPO?
The issue size of the Shreenath Paper IPO is 23360000.00.
What is the allotment date for the Shreenath Paper IPO?
Shreenath Paper IPO allotment date is 3 March ’25. For Nukleus Office Solution IPO allotment status check, you can visit the website of the registrar of the IPO.
Who is the registrar of Shreenath Paper IPO?
For Shreenath Paper Limited, the IPO registrar is Bigshare Service Pvt Ltd. You can check Shreenath Paper Limited IPO allotment status on the website of the registrar.
Where is the Shreenath Paper IPO getting listed?
The shares are proposed to be listed on the BSE-SME.
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