Shreenath Paper IPO Date, Review, Price, Allotment Details
Aditya | February 25, 2025
Shreenath Paper IPO open date is February 25, 2025, and the IPO will close on February 28, 2025. Shreenath Paper IPO is a Fixed Price Issue. The company aims to raise ₹23.36 crores via IPO, comprising a fresh issue of ₹23.36 crores. Shreenath Paper IPO price is set at ₹44 per share. The retail quota is 50%, and HNI is 50%. Shreenath Paper IPO is set to list on BSE on March 5, 2025. The allotment date is March 3, 2025. The company reported revenue of ₹189.67 crores in 2024, down from ₹206.7 crores in 2023. The company reported a profit of ₹4.39 crores in 2024, compared to ₹4.38 crores in 2023. Considering the financials, the IPO could be a good long-term investment opportunity.
Shreenath Paper IPO Details
Field
Value
est listing
44 (0%)
gain percentage
20%
gmp
--
ipo size
₹23.36 Cr
ipo title
Shreenath Paper BSE SME
price
44
status
Listed
subscription
1.85x
Shreenath Paper IPO Dates
Field
Value
boa dt
3-Mar
close
28-Feb
listing
5-Mar
lot
3,000
open
25-Feb
Shreenath Paper IPO Financial Report
The company reported revenue of ₹189.67 crores in 2024, compared to ₹206.7 crores in 2023. The company reported a profit of ₹4.39 crores in 2024, compared to ₹4.38 crores in 2023.
Financial Year
2022
2023
2024
December 2024
Revenue
₹141.75
₹206.7
₹189.67
₹78.62
Expense
₹139.96
₹200.82
₹183.77
₹75.31
Profit After Tax
₹1.34
₹4.38
₹4.39
₹2.41
Total Assets
₹30.82
₹50.95
₹60.34
₹62.25
About Shreenath Paper IPO
Shreenath Paper Products Limited is one of the leading manufacturers of paper-based solutions. Founded in 2011 in Maharashtra, the company has become a major supplier of paper materials including coated, food-grade, machine-glazed, and adhesive papers. It is a trusted name in India's writing and printing industry, offering a wide range of products such as sublimation base paper, thermal base paper, straw paper, cup stock paper, security PSA sheets, digital PSA sheets, high-bright paper, and more. Shreenath Paper primarily uses recycled paper, bagasse (agricultural waste), and virgin pulp to manufacture papers of various grades (24-350 GSM). As of December 31, 2024, the company had 9 employees.
