| IPO Listing At | BSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹23.36 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹23.36 Cr |
| Fresh Issue | ₹22.12 Cr |
| Face Value | โน10 Per Equity Share |
| Issue Price | โน44.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 544372 |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Galactico Corporate Services Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 3,000 shares and in multiples thereof
Incorporated in 2011, Shreenath Paper Products Limited is engaged in offering supply chain solutions to industries that use paper materials such as coated, food-grade, machine-glazed, and adhesive papers in their manufacturing processes.
The company supplies various papers, including sublimation base paper, thermal base paper, straw paper, cup stock paper, security PSA sheets, high-strength paper, C2S and C1S papers, and more.
The company understands client needs, defines specifications, sources specialized manufacturers, tests samples, procures materials in desired quantities, and supplies paper in various grades made from recycled paper, bagasse, and virgin pulp.
The company supplies paper products used in industries such as FMCG, textiles, pharmaceuticals, packaging, food & beverages, e-commerce, and more, primarily in Maharashtra, Gujarat, and Madhya Pradesh.
Product Portfolio:
Sublimation Base Paper, Thermal Base Paper, Straw Paper, Cone Sleeve, Cup Stock, ARSR etc.
As of December 31, 2024, the company had 9 employees.
Competitive Strengths:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Meeting incremental working capital requirements | 18.00 |
| 2 | General Corporate Purposes | 2.87 |
| 3 | Issue Expenses | 2.49 |
| Total | 23.36 |
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 62.25 | 60.34 | 50.95 | 30.82 |
| Total Income | 78.62 | 189.67 | 206.70 | 141.75 |
| Profit After Tax | 2.41 | 4.39 | 4.38 | 1.34 |
| NET Worth | 21.34 | 18.93 | 10.54 | 5.65 |
| Reserves and Surplus | 6.99 | 4.59 | 9.80 | 4.97 |
| Total Borrowing | 31.37 | 28.89 | 25.01 | 16.73 |
| Amount in ₹ Crore | ||||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 23.19% |
| ROCE | 19.32% |
| RoNW | 23.19% |
| PAT Margin | 2.36% |
| Price to Book Value | 3.33 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 3.06 | 1.63 |
| P/E (x) | 14.37 | 26.97 |
| Promoter Holding | 100% | 72.98% |
| Market Cap | โน86.48 Cr. | |