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.
The company has received the EN ISO 9001:2015 certificate for the manufacturing and marketing of packaging paper in 2023.
Subam Papers IPO – Details
| IPO Opening Date | 30 September 2024 |
| IPO Closing Date | 03 October 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 61,64,800 Shares Worth ₹93.70 Crore Fresh Issue: 61,64,800 Shares Worth ₹93.70 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹144 – ₹152 |
| Market Lot | 800 Shares |
| Min Order | 800 Shares |
| Listing At | BSE SME |
| Register | Bigshare Services Pvt Ltd |
| QIB Shares Offered | 50% |
| Retail Shares Offered | 35% |
| NII (HNI) Shares Offered | 15% |
Subam Papers IPO – Date Schedule
| IPO Open Date | 30 September 2024 |
| IPO Close Date | 03 October 2024 |
| Basis of Allotment | 04 October 2024 |
| Initiation of Refund | 07 October 2024 |
| Credit of Shares to Demat Account | 07 October 2024 |
| IPO Listing Date | 08 October 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on October 03, 2024 |
Subam Papers IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹1,21,600 |
| Retail (Max) | 1 | 800 | ₹1,21,600 |
| HNI (Min) | 2 | 1600 | ₹2,43,200 |
Competitive Strengths
- Paper waste recycle and Sustainable packaging solutions.
- Significant Advantage Due to Proximity of Subam’s Factory Location.
- Efficient Inventory Management.
- Fully Integrated Manufacturing Facility.
- Consistent Financial Performance.
- Advantage of producing all grades of Paper.
Company Promoters
- Mr. T Balakumar
- Ms. Sudha Alagarsamy
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2022 | 332.59 | 297.91 | 26.00 | 155.73 |
| 31 March 2023 | 510.62 | 505.66 | -0.26 | 162.82 |
| 31 March 2024 | 496.97 | 451.17 | 33.41 | 183.40 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 16.79% |
| ROCE | 20.84% |
| Debt/Equity | 0.92 |
| RoNW | 16.79% |
| P/BV | 1.24 |
| PAT Margin (%) | 6.77 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 19.57 | 14.38 |
| P/E (x) | 7.77 | 10.57 |
Object Of The Issue
- Investment in a Subsidiary for Financing its Capital Expenditure requirements.
- General Corporate Purposes.
Subam Papers IPO Promoter Holding
| Pre Issue Share Holding | 94.81% |
| Post Issue Share Holding | 69.67% |
Subam Papers IPO Prospectus
Company Contact Information
| Subam Papers Limited S.F.No.143-146 Vaduganpatti Village Nadukallur to Tirunelveli, Tirunelveli, Tirunelveli Taluk- 627010, Phone: +91-9486303300 Email: info@subampapers.com Website: http://www.subampapers.com/ |
Subam Papers IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: investor@bigshareonline.com Website: https://ipo.bigshareonline.com/ipo_status.html |
Subam Papers IPO Lead Manager(s)
| 1. Gretex Corporate Services Limited |
Subam Papers IPO FAQs
| What is Subam Papers IPO? Subam Papers IPO is an SME IPO. The issue is priced at ₹144 and ₹152 per equity share. The IPO is to be listed on BSE SME. |
| When Subam Papers IPO will open? The IPO is to open on 30 September 2024 for QIB, NII, and Retail Investors. |
| What is Subam Papers IPO Investors Portion? The investors’ portion for QIB- 50%, Retail – 35%, NII – 15%. |
| How to Apply the Subam Papers IPO? You can apply Subam Papers IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Subam Papers IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Subam Papers IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Subam Papers IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Subam Papers IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Subam Papers IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Subam Papers IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Subam Papers IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Subam Papers IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Subam Papers IPO Size? Subam Papers IPO size is ₹93.70 Crore. |
| What is Subam Papers IPO Price Band? Subam Papers IPO Price Band is ₹144 – ₹152. |
| What is Subam Papers IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 800 Shares with ₹1,21,600 amount while the maximum bid is 800 Shares with ₹1,21,600. |
| What is the Subam Papers IPO Allotment Date? Subam Papers IPO allotment date is 04 October 2024. |
| What is the Subam Papers IPO Listing Date? Subam Papers IPO listing date is 08 October 2024. The IPO is to be listed on BSE SME. |
