Subam Papers Limited (BSE SME)
Sep 30, 2024 - Oct 3, 2024
| Price | ₹144 - ₹152 |
| Premium | ₹12 |
|---|---|
| Lot size | 800 |
| Allotment | Oct 4, 2024 |
| Listing | Oct 8, 2024 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 800 | 121600 | 2562 |
| HNI | 2 | 1600 | 243200 | 1098 |
Last updated on 03-Oct-2024 18:01:03
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIBs | 1171200 | 66974400 | 57.18 |
| HNIs | 878400 | 213902400 | 243.51 |
| Retail | 2049600 | 100378400 | 48.97 |
| Total | 4099200 | 381255200 | 93.01 |
| Total Applications: 170555 | |||
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹49.69 | @8% ₹56.79 | @9% ₹63.89 | @10% ₹70.98 | @11% ₹78.08 | @12% ₹85.18 |
Subam Papers IPO Details
| Issue Size | 6,164,800 shares (aggregating up to ₹93.70 Cr) |
| Fresh Issue | 6,164,800 shares (aggregating up to ₹93.70 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 17,080,070 |
| Share holding post issue | 23,244,870 |
| Market Maker portion | 308,800 shares Gretex Share Broking |
Subam Papers IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Net Issue |
| Retail Shares Offered | Not less than 35.00% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15.00% of the Net Issue |
Key Performance Indicator
| KPI | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| ROE | 16.79% | -0.16% | 15.67% |
| ROCE | 20.84% | 5.88% | 12.82% |
| RONW | 16.79% | -0.16% | 15.67% |
| D/E | 0.92 | 0.98 | 0.94 |
| EPS (Diluted) | 20.53 | -0.16 | 15.98 |
| P/E Pre IPO | 7.77 | ||
| P/E Post IPO | 10.57 |
Company Financials
Subam Papers Limited Financial Information (Restated Consolidated)
Subam Papers Limited's revenue decreased by -3% and profit after tax (PAT) rose by 12574% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period | Mar 2024 | Mar 2023 | Mar 2022 | |||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | 46,046.1 | 41,434.65 | 39,418.33 | |||||||||||||||||||||||||||
| Revenue | 49,697.31 | 51,062.36 | 33,259.87 | |||||||||||||||||||||||||||
| Profit | 3,341.8 | -26.79 | 2,600.23 | |||||||||||||||||||||||||||
| Net Worth | 19,904.12 | 16,562.32 | 16,589.11 | |||||||||||||||||||||||||||
| Reserves | 19,741.35 | 16,399.55 | 16,426.34 | |||||||||||||||||||||||||||
| Borrowing | 18,340.77 | 16,282.61 | 15,573.37 | |||||||||||||||||||||||||||
| Amount in ₹ Lakhs | ||||||||||||||||||||||||||||||
About Company
Subam Papers Limited, incorporated in October 2006, is a leading manufacturer of Kraft paper and related products, utilizing waste paper as its primary raw material. As of March 31, 2024, the company operates with an installed capacity of 300 metric tons per day (MTPD), translating to an annual production capacity of 93,600 tons. Subam Papers offers a diverse range of Kraft paper and Duplex Boards in various shades, with GSM options from 120 to 300, Busting Factors ranging from 16 to 35, and Deckle sizes between 2,000 MM and 4,400 MM, along with reels of up to 1,400 MM in diameter. The company's substantial raw material storage facility ensures continuous production, providing high-quality packaging solutions across industries such as automotive, textiles, FMCG, food, distilleries, pharmaceuticals, electrical and electronics, and printing. In 2023, Subam Papers was awarded the EN ISO 9001:2015 certification, recognizing its commitment to quality in the manufacturing and marketing of packaging paper.
Gretex Corporate Services Limited
Sustainability Focus: Commitment to recycling paper waste and providing eco-friendly packaging solutions supports environmental sustainability and appeals to eco-conscious industries.
Efficient Water Management: Strategic investments in water pumping stations and pipelines ensure reliable water supply from the nearby Thamirabarani River, enhancing production efficiency.
Advanced ERP Integration: Implementation of ERP technology enables precise inventory tracking and management, optimizing operational efficiency and reducing waste.
Outstanding Litigation: Ongoing legal disputes could lead to unfavorable outcomes, negatively impacting the company's business, reputation, and operational results.
Raw Material Dependency: The business relies heavily on the availability of waste paper, and any disruption in supply could hinder production and profitability.
GST Discrepancies: Notices from the GST Department regarding significant discrepancies may result in financial liabilities, damaging the company's financial health and reputation.
Phone: +91-22-6263 8200
Email: investor@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html