Shreenath Paper IPO GMP Live, Open Date, Close Date, Price Band

  • 20-Feb-2025
  • 2 mins read
Shreenath Paper IPO GMP Live

Shreenath Paper IPO GMP Live, Open Date, Close Date, Price Band

Shreenath Paper IPO open date is February 25, 2025 and the closing date is February 28, 2025. This new IPO is a fixed price issue worth up to Rs 23.36 crores. This upcoming IPO is offering entirely a fresh issue of 53.10 lakh equity shares; there are no offers for sale part included in this IPO.

Shreenath Paper IPO price band is Rs 44 per share. As of now, Shreenath Paper IPO live GMP is at 0, indicating neutral sentiment among investors for this IPO.

Shreenath Paper IPO lot size is 3000 shares, and the allotment status will be finalised on Monday March 3, 2025, the minimum investment for retail investors is 1 lot, which is Rs 1,32,000. The registrar for Shreenath Paper IPO is Bigshare Services Private Limited. The listing date is Wednesday March 5, 2025.

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Shreenath Paper IPO GMP Live

Shreenath Paper IPO GMP is at Rs 0. The IPO GMP today indicates the huge interest of retail investors. It is expected that the listing price can be the same as the allotment price, which is Rs 44 per share. You can check the latest IPO Grey Market Premium today online.

If the subscription is oversubscribed, then Shreenath Paper IPO GMP might rise in the coming days. Shreenath Paper IPO GMP Live status will indirectly impact the sentiments of the IPO investors. If the Grey Market Premium is quoting at 10% to 15% or above, then the possibility of the oversubscription increases.

However, if the Live IPO GMP quotes are below 10% premium, then most investors tend to lose interest in applying for the IPO and the probability of the under-subscription increases. Here, in the Shreenath Paper IPO, GMP is expected to quote the initial ticks at a premium of 10% or above.

Shreenath Paper IPO Price Band

Shreenath Paper IPO price band is Rs 44 per share. The minimum amount required for retail investors to participate in this IPO is Rs 1,32,000 (44 x 3000 shares). However, for the HNI category, the minimum investment amount required is 2,64,000 (44 x 6000 shares).

Shreenath Paper Allotment Status

Shreenath Paper IPO Allotment status will be available on its registrar Bigshare Services Private Limited website on Monday, March 3, 2025. Once the subscription ends after the closing of IPO bidding, the allotment status of investors who applied for IPO will be available on the registrar's website.

Shreenath Paper Listing Date

Shreenath Paper IPO listing date is Wednesday, March 5, 2025. The Listing will be on the BSE SME platform. Retail investors can sell the shares after 10 AM on the listing day.

Shreenath Paper IPO: Listing Date, Lot Size, Issue Size, Price Band

IPO Date

February 25, 2025 to February 28, 2025

Listing Date

Wednesday, March 5, 2025

Face Value

Rs 10 per share

Issue Price

Rs 44 per share

Lot Size

3,000 Shares

Total Issue Size

53,10,000 shares
(aggregating up to Rs 23.36 Cr)

Fresh Issue

53,10,000 shares
(aggregating up to Rs 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

2,82,000 shares
Pure Broking Private Limited

Shreenath Paper Products IPO: About the Company

Shreenath Paper Products IPO GMP

Shreenath Paper Products Limited, established on October 10, 2011, is a public, non-government company specialising in providing supply chain solutions to industries reliant on paper, including coating-based paper and food packaging. The company aims to be a leading supply chain management provider in India's writing and printing industry by offering paper-based solutions.

With an authorised share capital of Rs 25,00,00,000 and a paid-up capital of Rs 14,34,42,000, Shreenath Paper Products is registered with the Registrar of Companies in Mumbai. Shreenath Paper provides services focused on smooth functioning, cost-effectiveness, and regular product improvement for its customers. They supply printing paper, art paper, fluorescent and sticker paper, chromo art, copier paper, and cream wove paper. Shreenath Paper Products is involved in the packaging and disposables sub-sector.

Shreenath Paper IPO Objectives

Shreenath Paper IPO objectives include utilising the funding received from the fresh issue into meeting incremental working capital requirements and for general corporate purposes.

Shreenath Paper IPO: Key Dates, Allotment, Listing Date

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

Shreenath Paper IPO Lot Size Details

Shreenath Paper IPO lot size is set at 3000 shares per lot. The minimum amount required for retail investors to participate in this IPO is Rs 1,32,000 (44 x 3000 shares). However, for the HNI category, the minimum investment amount required is Rs 2,64,000 (44 x 6000 shares).

Shreenath Paper IPO Promoter Holdings

Shreenath Paper IPO promoters are Nipun Gupta and Puja Gupta. The promoter's combined shareholdings before the IPO was 100%; however, post-IPO, their shareholdings will decline to 72.98%.

Shreenath Paper Products Limited Financials (Amt in Rs Cr)

Period Ended

30 Sep 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

Lead Manager and Registrar of Shreenath Paper IPO

Shreenath Paper's lead manager is Galactico Corporate Services Limited. The company has appointed Bigshare Services Private Limited as the registrar for this public issue.

How to apply to the Shreenath Paper IPO

Interested investors who want to apply for the Shreenath Paper IPO can directly apply from the Bigul trading app, or you can apply on the Bigul website by visiting here. You can also check the details of upcoming IPO on the Bigul platform.

Shreenath Paper IPO FAQs

1. What are the core details available of the Shreenath Paper IPO?

Shreenath Paper IPO is a fixed price issue worth up to Rs 23.36 crores. The price band for this IPO is Rs 44 per share. This upcoming IPO is offering entirely a fresh issue of up to 53,10,000 equity shares.

2. What is the Shreenath Paper IPO open date and close date?

Shreenath Paper IPO subscription opens on February 25, 2025, and closes on February 28, 2025.

3. What is Shreenath Paper IPO GMP Live?

Shreenath Paper IPO GMP is at Rs 0. The IPO GMP today indicates the huge interest of retail investors. It is expected that the listing price can be same as the allotment price, which is Rs 44 per share. You can check the latest IPO Grey Market Premium today online.

4. How do you check the IPO Allotment status?

Shreenath Paper IPO Allotment status is available on its registrar, Bigshare Services Private Limited website. Once the IPO subscription ends after the closing of IPO bidding, the allotment status of investors who applied for IPO will be available on the registrar's website.

5. Who are the registrar and lead managers of Shreenath Paper IPO?

Shreenath Paper's IPO lead manager is Galactico Corporate Services Limited. The company has appointed Bigshare Services Private Limited as the registrar for this public issue.

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