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Shreenath Paper IPO is a fixed-price issue valued at ₹23.36 crores. The offering consists entirely of a fresh issue of 53.10 lakh shares.
The IPO subscription period begins on February 25, 2025, and concludes on February 28, 2025. The allotment process is anticipated to be finalized by Monday, March 3, 2025, with the shares expected to be listed on BSE SME on Wednesday, March 5, 2025.
The IPO price is set at ₹44 per share, with a minimum lot size of 3,000 shares. Retail investors must invest at least ₹1,32,000, while the minimum investment for HNIs is 2 lots (6,000 shares), amounting to ₹2,64,000.
IPO Date | February 25, 2025 to February 28, 2025 |
Listing Date | March 5 |
Face Value | ₹10 per share |
Issue Price | ₹44 per share |
Lot Size | 3,000 Shares |
Total Issue Size | 53,10,000 shares (aggregating up to ₹23.36 Cr) |
Fresh Issue | 53,10,000 shares (aggregating up to ₹23.36 Cr) |
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 |
Market Maker Portion | Share Holding Pre-Issue |
IPO Open Date | Tue, Feb 25, 2025 |
IPO Close Date | Fri, Feb 28, 2025 |
Tentative Allotment | Mon, Mar 3, 2025 |
Initiation of Refunds | Tue, Mar 4, 2025 |
Credit of Shares to Demat | Tue, Mar 4, 2025 |
Tentative Listing Date | Wed, Mar 5, 2025 |
Cut-off time for UPI mandate confirmation | 5 PM on February 28, 2025 |
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 3000 | ₹1,32,000 |
Retail (Max) | 1 | 3000 | ₹1,32,000 |
HNI (Min) | 2 | 6,000 | ₹2,64,000 |
Investor Category | Shares Reserved |
Qualified Institutional Buyers (QIB) | Not Applicable (SME IPO) |
Non-Institutional Investors (HNI/NII) | Minimum 50% of the Offer |
Retail Individual Investors (RII) | Minimum 50% of the Offer |
Market Maker | Shreenath Paper IPO Details |
Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
Assets | 62.25 | 60.34 | 50.95 | 30.82 |
Revenue | 78.62 | 189.67 | 206.7 | 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 | 9.8 | 4.97 |
Total Borrowing | 31.37 | 28.89 | 25.01 | 16.73 |
Maximizing Opportunities with Shreenath Paper Products Limited IPO
Shreenath Paper IPO is a fixed-price SME issue set at ₹44 per share, with a total issue size of ₹23.36 crores. The IPO consists entirely of a fresh issue of 53.10 lakh shares, providing investors with an opportunity to participate in the company's growth. Retail investors are required to invest a minimum of ₹1,32,000, which accounts for 3,000 shares per lot.
The subscription period for the IPO will be open from February 25, 2025, to February 28, 2025. Investors who apply for shares can expect the allotment process to be finalized by March 3, 2025. The shares are scheduled to be listed on BSE SME on March 5, 2025, allowing investors to trade them on the exchange.
This IPO follows a balanced allocation strategy, ensuring that both retail and HNI investors receive an adequate share of the offering. While retail investors can apply for one or more lots, HNIs must invest a minimum of two lots (6,000 shares), amounting to ₹2,64,000. The issue structure ensures fair distribution among investor categories.