Subam Papers Limited IPO

BSE SME

Listed On: Oct 8, 2024 at ₹ 142.0

₹ 121600 /800 Shares

Expected Premium is derived from market rumors and internet sources. It does not reflect the actual IPO listing price or value. Please review the RHP and consult a financial advisor before investing.

Subam Papers IPO Details

30 Sep, 2024

Open Date

03 Oct, 2024

Close Date

04 Oct, 2024

Allotment Date

08 Oct, 2024

Listing Date

Issue Price

₹144-152 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

142.0

Listing Date

2024-10-08

Market Lot

800 Shares (₹121,600/-)

Lead Manager

Gretex Corporate Services Limited

Issue Size

6,164,800 shares(aggregating up to ₹93.70 Cr)

Retail Portion

35%

Subscription

92.93 times

IPO Docs

DRHP RHP

Subam Papers IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	1,171,200 / 1,187,200	2,049,600	4,099,200
Day 1 - 30-09-24 06:00 PM	0.00 / 0.33 x	0.75 x	0.44 x
Day 2 - 01-10-24 06:00 PM	0.00 / 2.59 x	5.47 x	3.29 x
Day 3 - 03-10-24 06:00 PM	57.18 / 243.16 x	48.97 x	92.93 x

Total No. of Applications: 170,555 (Approx)

Subam Papers Valuations

EPS Pre IPO

₹19.57/-

EPS Post IPO

₹14.38/-

P/E Pre IPO

7.77

P/E Post IPO

10.57

RoNW

16.79%

Subam Papers Company Financials All values are in ₹ Lakh

	31-Mar-24	31-Mar-23	31-Mar-22
Assets	46,046.1	41,434.65	39,418.33
Revenue	49,697.31	51,062.36	33,259.87
Profit After Tax	3,341.8	-26.79	2,600.23

About The Company

Subam Papers Limited is a manufacturer of Kraft Paper and paper products. The company uses waste paper as a raw material.

As of March 31, 2024, the installed capacity for Kraft Paper was 300 metric tons per day (MTPD), resulting in a total annual capacity of 93,600 tons.

It has the ability to manufacture and supply Kraft Paper and Duplex Boards in various shades. Their products offer GSM ranging from 120 to 300, Busting Factor of 16 to 35, and Deckle sizes from 2,000 MM to 4,400 MM, with reel diameters up to 1,400 MM. Additionally, they maintain a large raw material storage facility to ensure sufficient reserves, which enables consistent production of high-quality products for the packaging industry.

The products are used in various industries such as automobiles, textiles, FMCG, food, distilleries, pharmaceuticals, electrical and electronics, and printing, where packaging is essential.

Subam Papers - Promoter(s)

Pre Issue Share Holding: 94.81%

Post Issue Share Holding: 69.67%

Company Promoter(s)

Mr. T Balakumar
Ms. Sudha Alagarsamy

Subam Papers IPO - Issue Objectives

Investment in a Subsidiary for Financing its Capital Expenditure requirements.
General Corporate Purposes

Subam Papers IPO - FAQs

Ans. Subam Papers Limited IPO is a SME IPO. The issue is priced at ₹144-152 per equity share. The minimum order quantity is 800 Shares. The IPO opens on Sep 30, 2024, and closes on Oct 3, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Subam Papers Limited IPO opens on Sep 30, 2024 and closes on Oct 3, 2024.

Ans. The size of Subam Papers Limited IPO is 6,164,800 shares(aggregating up to ₹93.70 Cr).

Ans. The IPO price band is set between ₹144-152 per equity share.

Ans. To apply for Subam Papers Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Subam Papers Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Subam Papers Limited IPO is Oct 4, 2024.

Ans. The Subam Papers Limited IPO will be listed on Oct 8, 2024.

Ans. Follow the steps to check the allotment status for Subam Papers Limited IPO here.