Subam Papers Limited IPO
BSE SMEListed On: Oct 8, 2024 at ₹ 142.0
₹ 121600 /800 Shares
Check AllotmentExpected 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.
30 Sep, 2024
Open Date03 Oct, 2024
Close Date04 Oct, 2024
Allotment Date08 Oct, 2024
Listing DateIssue Price
₹144-152 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Bigshare Services Pvt LtdList Price
142.0Listing Date
2024-10-08Market Lot
800 Shares (₹121,600/-)Lead Manager
Gretex Corporate Services LimitedIssue Size
6,164,800 shares(aggregating up to ₹93.70 Cr)Retail Portion
35%Subscription
92.93 times
The IPO of Subam Papers is priced at ₹144-152 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on BSE SME. Bigshare Services Pvt Ltd is the registrar of the issue.
Subam Papers IPO bid opening date is from Sep 30, 2024 and the bid closing date was Oct 3, 2024.
Subam Papers IPO allotment result will be available on Oct 4, 2024. The tentative listing date for Subam Papers is Oct 8, 2024.
The total issue size is 6,164,800 shares(aggregating up to ₹93.70 Cr).
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 |
Subam Papers Valuations
EPS Pre IPO
₹19.57/-EPS Post IPO
₹14.38/-P/E Pre IPO
7.77P/E Post IPO
10.57ROE
16.79%ROCE
20.84%Debt/Equity
0.92RoNW
16.79%PAT Margin
6.77Price to Book Value
1.24Subam 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 |
| Net Worth | 19,904.12 | 16,562.32 | 16,589.11 |
| Reserves & Surplus | 19,741.35 | 16,399.55 | 16,426.34 |
| Total Borrowing | 18,340.77 | 16,282.61 | 15,573.37 |
About The Company
Subam Papers Limited is a company that manufactures Kraft Paper and paper products. The company uses waste paper as raw material. It was incorporated in October 2006.
Installed capacity for Kraft Paper as of March 31, 2024 was 300 MTPD, which meant a total annual capacity of 93,600 tons.
The company can manufacture and supply Kraft Paper and Duplex Boards in a variety of shades. Their products have GSM from 120 to 300, Busting Factor of 16 to 35, and Deckle sizes from 2,000 MM up to 4,400 MM with reel diameters up to 1,400 MM. It also keeps a huge raw material warehousing facility ensuring adequate reserve stock that helps them produce products of good quality on an ongoing basis for the packaging industry.
The products are utilized in various sectors, including automobiles, textiles, FMCG, food, distilleries, pharmaceuticals, electrical and electronics, and printing where packaging is significant.
The company was awarded the EN ISO 9001:2015 certificate for the production and marketing of packaging paper in 2023.
As of September 2024, the company had 500 permanent employees.
Subam Papers - Promoter(s)
Pre Issue Share Holding: 94.81%
Post Issue Share Holding: 69.67%
- Mr. T Balakumar
- Ms. Sudha Alagarsamy
Subam Papers IPO - Issue Objectives
- Investment in a Subsidiary for Financing its Capital Expenditure requirements.
- General Corporate Purposes
Other Details
Subam Papers
S.F.No.143-146 Vaduganpatti, Village Nadukallur to Tirunelveli, Tirunelveli, Tirunelveli Taluk- 627010Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
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.
