Incorporated in October 2006, Subam Papers Limited is a manufacturer of Kraft Paper and paper products. The company uses waste paper as a raw material. As of March 31, 2024, the installed capacity for Kraft Paper was 300 metric tons per day (MTPD), resulting in a total annual capacity of 93,600 tons. The company has the ability to manufacture and supply Kraft Paper and Duplex Boards in various shades. Their products offer GSM ranging from 120 to 300, Busting Factor of 16 to 35, and Deckle sizes from 2,000 MM to 4,400 MM, with reel diameters up to 1,400 MM. Additionally, they maintain a large raw material storage facility to ensure sufficient reserves, which enables consistent production of high-quality products for the packaging industry. The products are used in various industries such as automobiles, textiles, FMCG, food, distilleries, pharmaceuticals, electrical and electronics, and printing, where packaging is essential.
Subam Papers IPO price band is ₹144 to ₹152 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Subam Papers IPO to list on BSE on October 8, 2024. The allotment of Subam Papers IPO date is October 4, 2024. The company reported revenue of ₹496.97 crores in 2024 against ₹510.62 crore in 2023. The company reported profit of ₹33.42 crores in 2024 against loss of ₹0.27 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.
Subam Papers IPO Dates
The Subam Papers IPO date is September 30 and the close date is October 3. The Subam Papers IPO allotment will be finalized on October 4 and the IPO listing on October 8.
| IPO Open Date: | September 30, 2024 |
| IPO Close Date: | October 1, 2024 |
| Basis of Allotment: | October 4, 2024 |
| Refunds: | October 7, 2024 |
| Credit to Demat Account: | October 7, 2024 |
| IPO Listing Date: | October 8, 2024 |
Subam Papers IPO Details
| IPO Open Date: | September 30, 2024 |
| IPO Close Date: | October 3, 2024 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹144 to ₹152 Per Share |
| Issue Size: | Approx ₹93.70 Crores |
| Fresh Issue: | Approx ₹93.70 Crores |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
Subam Papers IPO IPO Market Lot
The Subam Papers IPO minimum market lot is 800 shares with ₹121,600 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 800 | ₹121,600 |
| Retail Maximum | 1 | 800 | ₹121,600 |
| HNI Minimum | 2 | 1,600 | ₹243,200 |
Subam Papers IPO Company Financial Report
The company reported revenue of ₹496.97 crores in 2024 against ₹510.62 crore in 2023. The company reported profit of ₹33.42 crores in 2024 against loss of ₹0.27 crores in 2023.
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹332.60 | ₹297.92 | ₹26.00 | ₹394.18 |
| 2023 | ₹510.62 | ₹505.66 | ₹0.27 | ₹414.35 |
| 2024 | ₹496.97 | ₹451.17 | ₹33.42 | ₹460.46 |
