Shreenath Paper Products Limited IPO (Shreenath Paper IPO) Detail

Shreenath Paper IPO is a fixed price of Rs 23.36 crores. The issue is entirely a fresh issue of 53.10 lakh shares.

Shreenath Paper IPO bidding started from February 25, 2025 and ended on February 28, 2025. The allotment for Shreenath Paper IPO was finalized on Monday, March 3, 2025. The shares got listed on BSE SME on 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.

Galactico Corporate Services Limited is the book-running lead manager of the Shreenath Paper IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.The market maker for Shreenath Paper IPO is Pure Broking Private Limited.

Refer to Shreenath Paper IPO RHP for detailed information.

Shreenath Paper Products Ltd Stock Quote & Charts

• Open: ₹16.10
• High – Low: ₹17.49 – ₹16.10
• Previous Close: ₹16.92
• Total Traded Value: 87,000.00
• 52 Weeks High: ₹18.71 (Mar 05, 2025)
• 52 Weeks Low: ₹33.44 (Mar 20, 2025)
• Updated On: Mar 05, 2025 4:00 PM

Shreenath Paper IPO Details

Shreenath Paper IPO Reservation

Shreenath Paper IPO offers total 53,10,000 shares. Out of which 25,14,000 (47.34%) allocated to NII, 25,14,000 (47.34%) allocated to RII.

Shreenath Paper IPO Timeline (Tentative Schedule)

Shreenath Paper IPO opens on February 25, 2025, and closes on February 28, 2025.

Shreenath Paper IPO Lot Size

Investors can bid for a minimum of 3000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Shreenath Paper IPO Promoter Holding

Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue

About Shreenath Paper Products Limited

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

Company Financials

Shreenath Paper Products Limited Financial Information (Restated)

Key Performance Indicator (KPI)

The market capitalization of Shreenath Paper IPO is Rs 86.48 Cr.

KPI as of Sun, Mar 31, 2024.

• The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2024 that is available in RHP.
• The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of December 31, 2024 that is available in RHP.

Objects of the Issue (Shreenath Paper IPO Objectives)

The Company proposes to utilize the Net Proceeds from the Issue towards the following objects:

1. Meeting incremental working capital requirements
2. General corporate purposes

Shreenath Paper IPO Review (Avoid)

[Dilip Davda]  SPPL is in the business of supplying variety of paper and related products. It largely depends on third party supply. The company posted inconsistency in its top and bottom lines for the reported periods. It is operating in a highly competitive and fragmented segment. Based on its recent financial performance, the issue appears aggressively priced. There is no harm in skipping this high risk bearing pricey offer. Read detail review…

Shreenath Paper IPO Subscription Status (Bidding Detail)

The Shreenath Paper IPO is subscribed 1.85 times on February 28, 2025 6:19:50 PM (Day 3). The public issue subscribed 3.18 times in the retail category, [.] times in the QIB category, and 0.52 times in the NII category. Check Day by Day Subscription Details (Live Status)

Total Application : 3,936

*Market Maker portion is not included to NII/HNI.

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