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Subam Papers Ltd.

IPO Details · GMP · Subscription · Financials

✅ Listed BSE SME SME Live Chart
Issue Price
₹152
Per Share
GMP
NIL
Grey Market
Est. Listing
₹152
Expected Price
Min. Application
₹243,200
2 lots × 800 shares
IPO Issue Details
Issue Price / Price Band₹152 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size800 Shares per Lot
Total Issue Size61,64,800 shares (aggregating up to ₹93.70 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenMon, 30 Sep 2024
Subscription CloseThu, 03 Oct 2024
Anchor AllotmentSun, 29 Sep 2024
Basis of AllotmentFri, 04 Oct 2024
Initiation of RefundsMon, 07 Oct 2024
Credit of Shares to DematMon, 07 Oct 2024
Listing DateTue, 08 Oct 2024
UPI Mandate Deadline2024-10-03
Application & Investment Details
Retail — Min (1 Lots)₹1,21,600 — 800 shares
Retail — Max (13 Lots)₹1,580,800 (13 Lots)
HNI — Min (2 Lots)₹2,43,200 — 1,600 shares
EPS (Pre-IPO)₹19.57
EPS (Post-IPO)₹14.38
P/E Ratio (Pre-IPO)7.77x
P/E Ratio (Post-IPO)10.57x
Net Offer to Public58,56,000 shares (aggregating up to ₹89.01 Cr)
Reserved for Market Maker3,08,800 shares (aggregating up to ₹4.69 Cr)
Pre-IPO Promoter Holding1,70,80,070 shares
Post-IPO Promoter Holding2,32,44,870 shares
About Subam Papers Ltd.

Incorporated in October 2006, 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.The company 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.The company has received the EN ISO 9001:2015 certificate for the manufacturing and marketing of packaging paper in 2023Competitive StrengthPaper waste recycle and Sustainable packaging solutions.Investment in water pumping stations and connecting pipelines, ensuring efficient water distribution throughout the facility. The strategic location near the Thamirabarani River, just 6 km away, provides a distinct advantage.Use of ERP Technology to track and control inventoryFully automated manufacturing process enhancing productivityAs of September 2024, the company had 500 permanent employees.

Objects of the Issue

Subam Papers Ltd. proposes to utilise the net proceeds from the Issue for the following objects:

1
Investment in a Subsidiary for Financing its Capital Expenditure requirements
2
General Corporate Purposes
Shareholding & Lock-in
Pre-IPO Promoter Holding 1,70,80,070 shares
Post-IPO Promoter Holding 2,32,44,870 shares
Check AllotmentCheck Status →
Subam Papers Ltd. — Live Price LIVE
₹152.00
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Issue ₹152.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹152
GMPNIL
Est. Listing₹152
Lot Size800 shares
Min Amount₹243,200
Listing Date08 Oct 2024
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹152
Listing Date08 Oct 2024
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
Market Maker 308,800 ₹4.69 Cr
TOTAL 6,164,800 100.00% ₹93.70 Cr
* Based on ₹152.00 (upper price band)
Lot Size & Investment Details
Lot Size
800
Shares
Issue Price
₹152.00
Per Share
Min Investment
₹121,600
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 800 ₹121,600
Retail (Max) 13 10,400 ₹1,580,800
sNII (Min) 14 11,200 ₹1,702,400
bNII (Min) 68 54,400 ₹8,268,800
Company Financials — Restated Consolidated (Amount in ₹ Lakhs)
Particulars31 Mar 202431 Mar 202331 Mar 2022
Revenue from Operations 49697.31 51062.36 33259.87
EBITDA N/A N/A N/A
Profit After Tax (PAT) 3341.80 -26.70 2600.23
Net Worth 19904.12 16562.32 16589.11
Total Assets 46046.10 41434.65 39418.33
Reserves & Surplus 19741.35 16399.55 16426.34
Total Borrowings 18340.77 16282.61 15573.37
Key Ratios & Valuation
Issue Price ₹152
Face Value ₹10 Per Share
P/BV 1.24
RoE 16.79%
RoCE 20.84%
RoNW 16.79%
PAT Margin (%) 6.77%
EBITDA Margin (%) N/A
Debt / Equity 0.92
Company Details
Company
Subam Papers Ltd.
Exchange
BSE SME
IPO Type
SME IPO
Issue Type
Bookbuilding IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
S.F.No.143-146 Vaduganpatti Village Nadukallur to Tirunelveli, Tirunelveli, Tirunelveli Taluk- 627010, Tirunelveli, Tamil Nadu
Book Running Lead Managers
Gretex Corporate Services Ltd.
Book Running Lead Manager (BRLM)