Shreenath Paper Products Ltd specializes in producing a wide range of paper products, including sublimation base paper, thermal base paper, straw paper, cone sleeve paper, cup stock paper, poster paper, security PSA sheets, digital PSA sheets, C2S paper and board, high-strength paper, and more. These paper products cater to diverse industries such as FMCG, textiles (heat-sensitive printers), food & beverage, automotive, e-commerce, pharmaceuticals, printing, advertising, and others.
The IPO of Shreenath Paper Products Ltd is scheduled to open on February 25, 2025, and will close on February 28, 2025. The price band for the IPO is set at ₹44 per share. The allocation is divided equally, with 50% reserved for retail investors and 50% for high-net-worth individuals (HNIs). The company’s shares are expected to be listed on the BSE on March 5, 2025. The allotment date for the IPO is March 3, 2025.
In terms of financial performance, the company generated revenue of ₹189.67 crores in 2024, a slight decline from ₹206.7 crores in 2023. However, its profit remained stable, with ₹4.39 crores reported in 2024 compared to ₹4.38 crores in 2023.
