Subam Papers IPO, a ₹93.70 Cr SME IPO, would be available for subscription from September 30, 2024, to March 10, 2024. The additional offering of ₹93.70 Cr is part of the IPO.
The price range for Subam Papers’ IPO is ₹144 to ₹152 per share. HNI is 15%, QIB is 50%, and the retail quota is 35%. On October 8, 2024, Subam Papers IPO will go public on the BSE. October 4, 2024 is the date of the Subam Papers IPO allocation. In 2024, the company’s revenue was ₹496.97 crore, up from ₹510.62 crore in 2023. After reporting a loss of ₹0.27 crores in 2023, the company had a profit of ₹33.42 crores in 2024. Investors in the IPO should apply for a lengthy term, according to the financials.
Subam Papers IPO Details
| IPO Open Date | September 30, 2024 |
| IPO Close Date | October 3, 2024 |
| Listing Date | Tuesday, October 8, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹144 to ₹152 per share |
| Lot Size | 800 Shares |
| Total Issue Size | 6,164,800 shares
(aggregating up to ₹93.70 Cr) |
| Fresh Issue | 6,164,800 shares
(aggregating up to ₹93.70 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
Subam Papers Financials
Revenue at Subam Papers Limited fell by -3% while profit after tax (PAT) increased by 12574% between March 31, 2023, and March 31, 2024, the end of the company’s fiscal year.
| FY 2024 | |
| Assets | 46,046.1 |
| Revenue | 49,697.31 |
| Profit After Tax | 3,341.8 |
| Net Worth | 19,904.12 |
| ROE | 16.79% |
| ROCE | 20.84% |
| Debt/Equity | 0.92 |
| RoNW | 16.79% |
| P/BV | 1.24 |
| PAT Margin (%) | 6.77 |
About the Company – Subam Papers
In October 2004, Subam Papers Limited was established as a producer of Kraft Papers and paper goods. They make their basic ingredients from scrap paper. The installed capacity of Kraft Paper was 300 metric tons per day (MTPD) as of March 31, 2024. The entire annual capacity that was produced was 93,600 tons. To ensure that there are adequate reserves of raw materials, they even keep a sizable raw material storage facility.
This allows them to consistently produce high-quality products for the packaging sector. Moreover, the manufactured goods find application in a multitude of industries, such as printing, FMCG, food, textiles, automotive, electrical and electronics, and pharmaceuticals, where packaging continues to be crucial.
