Incorporated in 2011, Shreenath Paper Products Limited specializes in providing supply chain solutions to industries that utilize paper materials such as coated, food-grade, machine-glazed, and adhesive papers in their manufacturing processes. The company supplies a wide range of paper products, including sublimation base paper, thermal base paper, straw paper, cup stock paper, security PSA sheets, high-strength paper, C2S and C1S papers, and more. Its products cater to industries such as FMCG, textiles, pharmaceuticals, packaging, food & beverages, and e-commerce, primarily serving markets in Maharashtra, Gujarat, and Madhya Pradesh.
The Shreenath Paper IPO will open for subscription on February 25, 2025, and close on February 28, 2025. The IPO price band is set at ₹44 per share, with a 50% retail quota and a 50% HNI quota. The allotment of shares is expected to be finalized by March 3, 2025, and the IPO is scheduled to list on the BSE on March 5, 2025.
In terms of financial performance, the company reported revenue of ₹189.67 crores in 2024, compared to ₹206.7 crores in 2023. Its profit for 2024 stood at ₹4.39 crores, slightly higher than the ₹4.38 crores profit reported in 2023.
| IPO Date | February 25, 2025 to February 28, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹44 per share |
| Lot Size | 3,000 Shares |
| Total Issue Size | Approx ₹23.36 Crores |
| Fresh Issue | Approx ₹23.36 Crores |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,43,44,200 shares |
| Share Holding Post Issue | 1,96,54,200 shares |
Shreenath Paper IPO Dates
The Shreenath Paper IPO will open for subscription on February 25, 2025, and the bidding window will remain active until February 28, 2025. Investors can participate in the IPO during this period.
| IPO Open Date | Tue, Feb 25, 2025 |
| IPO Close Date | Fri, Feb 28, 2025 |
| Tentative Allotment | Mon, Mar 3, 2025 |
| Refunds | Tue, Mar 4, 2025 |
| Credit of Shares to Demat | Tue, Mar 4, 2025 |
| IPO Listing Date | Wed, Mar 5, 2025 |
| UPI Mandate Confirmation Deadline | 5 PM on February 28, 2025 |
Shreenath Paper IPO Market Lot
The Shreenath Paper IPO requires a minimum market lot of 3,000 shares, with an application amount of ₹1,32,000 for retail investors.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 3,000 | ₹1,32,000 |
| Retail Maximum | 1 | 3,000 | ₹1,32,000 |
| S-HNI Minimum | 2 | 6,000 | ₹2,64,000 |
