February 21, 2025
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What was the last grey market premium of Shreenath Paper Products IPO?
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Subscription status of Shreenath Paper Products IPO
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Shreenath Paper Products IPO Price Rs. 44 Lot 3000 shares, Rs. ? Crore |
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| QIB | NII x | RII x | Total x | Applications |
| Amount wise bids recd. Rs. ? Crore | ||||
| Note: | ||||
What is the business of Shreenath Paper Products?
The company is primarily engaged in the business of providing supply chain solution to industries where paper such as, coating based paper, food grade paper, machine glazed paper, pressure sensitive adhesive paper, forms a major part of their raw materials. Accordingly, it supplies different kinds of paper such as sublimation base paper, thermal base paper, straw paper, paper for cone sleeve, cup stock paper, poster paper, security PSA sheet, transcode PSA sheet, filmic & digital PSA sheet, removable PSA sheet, permanent PSA sheet, C2S paper and board, C1S paper, hi-bright paper, low- bright paper, High-Strength Paper, etc. Its business comprises of understanding the specific requirements of its client, curate the technical specification based on their requirements, identify manufacturer who specialise in the required paper, place order, test the sample, procure the material in the desired quantity and supply to its customers. The company acts as a catalyst between the manufacturer of paper products and the paper mills. It offers paper in different grades ranging from 24-350 grams per square meter (‘GSM’), which is manufactured from waste recycled papers, bagasse base (agricultural waste) and virgin pulp.
Get more information about the company @ www.shreenathpaper.com
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Shreenath Paper Products IPO Details |
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| IPO opens on | 25 February 2025 |
| IPO closes on | 28 February 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 5310000 Shares / Rs 23.36 Crore |
| * Fresh Issue | 5310000 Shares / Rs 23.36 Crore |
| * Offer for Sale – | – shares / Rs. – crore |
| Market Maker Portion | 282000 Shares |
| Net offer to Public | 5074000 Shares/ Rs 22.33 Crore |
| Face Value per share | Rs. 10 |
| Price Band | Rs. 44 |
| Employee discount | Rs. 0 per share |
| Retail Lot Size | 3000 Shares |
| Listing will at | BSE SME |
Shares offered in IPO |
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| Shares | Rs. (Crore) |
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| QIB (0%) | – | – |
| HNI (50%) | 2537000 | 11.16 |
| RII (50%) | 2537000 | 11.17 |
| Total Shares | 5074000 | 22.33 |
| Retail portion will be oversubscribed by |
846 | |
| Forms | ||
| How much Shares to Apply in this IPO? | ||
| Min Retail Application | 3000 Shares | Rs.132000 |
| Min HNI Application | 6000 Shares | Rs. 264000 |
Who are the Promoters of Shreenath Paper Products?
The Promoters of the Company are ALOK PAREKH, RONAK PAREKH, NAVNEETDAS PAREKH, HASUMATI NAVNEETDAS PAREKH, HARISH PAREKH, HASUMATI HARISH PAREKH, NEHA PAREKH & SAYALI PAREKH
What are the Objects of Shreenath Paper Products IPO?
The Company proposes to utilize the Net Proceeds from the Issue towards the following objects: (i) (ii) Meeting incremental working capital requirements; and General corporate purposes
Tentative timetable |
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| IPO opens on | 25 February 2025 |
| IPO Closes on | 28 February 2025 |
| IPO Allotment on | 3 March 2025 |
| Refund Initiation | 4 March 2025 |
| Credit of Shares | 4 March 2025 |
| Listing on | 5 March 2025 |
| Registered Office of the Company Shop no. 5, Plot no.136, N-1, Masco Corner Api Road, Cidco, Aurangabad, Maharashtra, India, 431003 |
| Who is the Lead Manager of this IPO? Galactico Corporate Services |
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Who is the Registrar to IPO? |
Shreenath Paper Products IPO GMP grey market premium, review, Subscription, allotment, listing estimate
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Shreenath Paper Products IPO Financial & Analytical Ratios |
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| Year | Total Income |
Net Profit |
EPS | RoNW |
| Rs.in Crore | Rs.in Crore | Rs. | % | |
| 2021-22 | ||||
| 2022-23 | ||||
| 2023-24 | ||||
| Book Value of the Share on 30.06.2024 |
– | |||
| BV of the Share at cap price after IPO |
Rs. | |||
| Offer Price/upper band | Rs. | 44 | ||
Key Performance
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| Price/EPS of 23-24 | |
| Price/BV Ratio | |
| Debt/Equity Ratio | |
How Shreenath Paper Products IPO compares with the Peers?
| As per RHP | FV | PE | RoNW |
| Ratio | Ratio | ||
# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
Shreenath Paper Products IPO Review by Paresh Gordhandas, CA & Research Analyst.
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+ from fundamental angle:
+ from grey market angle:
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