Shreenath Paper Products Limited is engaged in offering supply chain solutions to industries that use paper materials such as coated, food-grade, machine-glazed, and adhesive papers in their manufacturing processes.
The company supplies various papers, including sublimation base paper, thermal base paper, straw paper, cup stock paper, security PSA sheets, high-strength paper, C2S and C1S papers, and more.
The company understands client needs, defines specifications, sources specialized manufacturers, tests samples, procures materials in desired quantities, and supplies paper in various grades made from recycled paper, bagasse, and virgin pulp.
The company supplies paper products used in industries such as FMCG, textiles, pharmaceuticals, packaging, food & beverages, e-commerce, and more, primarily in Maharashtra, Gujarat, and Madhya Pradesh.
The Company’s Product Portfolio:
- Coated Paper and Board: The company supplies coated paper used for printing annual reports, brochures, magazines, and posters, as well as for manufacturing labels, stickers, and sachets, offering improved print quality and durability.
- Coating Base: The company supplies sublimation, thermal, and NCR base papers for various applications, including textile printing, thermal printing, and carbonless copy paper, ensuring high-quality prints and efficient processes for diverse industries.
- Speciality Paper: The company supplies specialty papers such as parchment, ledger, rail bond, cup stock, MG poster, carry bag, and natural shade paper, each serving unique purposes in industries like baking, transportation, and packaging.
- Cream wove paper: The company supplies premium cream wove papers like Optima, Kappa-G, and Fine Print, offering smooth textures and high printability for brochures, invitations, packaging, and luxury promotional materials across various industries.
As of December 31, 2024, the company had 9 employees.
Shreenath Paper IPO – Details
| IPO Opening Date | 25 February 2025 |
| IPO Closing Date | 28 February 2025 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | Total Issue Size: 53,10,000 Shares Worth ₹23.36 Crore Fresh Issue: 53,10,000 Shares Worth ₹23.36 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹44 |
| Market Lot | 3000 Shares |
| Min Order | 3000 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Bigshare Services Pvt Ltd |
| Retail Shares Offered | 50% |
| Other Shares Offered | 50% |
Shreenath Paper IPO – Date Schedule
| IPO Open Date | 25 February 2025 |
| IPO Close Date | 28 February 2025 |
| Basis of Allotment | 03 March 2025 |
| Initiation of Refund | 04 March 2025 |
| Credit of Shares to Demat Account | 04 March 2025 |
| IPO Listing Date | 05 March 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on February 28, 2025 |
Shreenath Paper IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹1,32,000 |
| Retail (Max) | 1 | 3000 | ₹1,32,000 |
| HNI (Min) | 2 | 6000 | ₹2,64,000 |
Competitive Strengths
- Extensible Business Model.
- Strong Network of supplier.
- Multiproduct Portfolio and ability to identify customer requirements.
- Strong relationships with key customers.
- Experienced management team with an established track record.
- Track record of financial performance.
Company Promoters
- Alok Parekh
- Ronak Parekh
- Navneetdas Parekh
- Hasumati Navneetdas Parekh
- Harish Parekh
- Hasumati Harish Parekh
- Neha Parekh
- Sayali Parekh
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2022 | 141.75 | 139.96 | 1.33 | 16.73 |
| 31 March 2023 | 206.69 | 200.81 | 4.38 | 25.01 |
| 31 March 2024 | 189.66 | 183.76 | 4.39 | 28.89 |
| 31 December 2024 | 78.61 | 75.31 | 2.40 | 31.37 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 23.19% |
| ROCE | 19.32% |
| RoNW | 23.19% |
| PAT Margin | 2.36 |
| Price to Book Value | 3.33 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 3.06 | 1.63 |
| P/E (x) | 14.37 | 26.97 |
Object Of The Issue
- Meeting incremental working capital requirements.
- General corporate purposes.
Shreenath Paper IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 72.98% |
Shreenath Paper IPO Prospectus
Company Contact Information
| Shreenath Paper Products Limited Shop no. 5, Plot no.136, N-1, Masco Corner API Road, Cidco, Aurangabad, 431003 Phone: +91 0240-2489888 Email: info@shreenathpaper.com Website: https://shreenathpaper.com/ |
Shreenath Paper IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/IPO_Status.html |
Shreenath Paper IPO Lead Manager(s)
| 1. Galactico Corporate Services Limited |
Shreenath Paper IPO FAQs
| What is Shreenath Paper IPO? Shreenath Paper IPO is a SME IPO. The issue is priced at ₹44 per equity share. The IPO is to be listed on BSE SME. |
| When Shreenath Paper IPO will open? The IPO is to open on 25 February 2025 for NII, and Retail Investors. |
| What is Shreenath Paper IPO Investors Portion? The investors’ portion for NII – 50%, and Retail – 50%. |
| How to Apply the Shreenath Paper IPO? You can apply Shreenath Paper 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 Shreenath Paper IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Shreenath Paper 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 Shreenath Paper IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Shreenath Paper 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 Shreenath Paper IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Shreenath Paper 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 Shreenath Paper IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Shreenath Paper 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 Shreenath Paper IPO Size? Shreenath Paper IPO size is ₹23.36 Crore. |
| What is the Shreenath Paper IPO Price Band? Shreenath Paper IPO Price Band is ₹44. |
| What is Shreenath Paper IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 3000 Shares with ₹1,32,000 amount while the maximum bid is 3000 Shares with ₹1,32,000. |
| What is the Shreenath Paper IPO Allotment Date? Shreenath Paper IPO allotment date is 03 March 2025. |
| What is the Shreenath Paper IPO Listing Date? Shreenath Paper IPO listing date is 05 March 2025. The IPO is to be listed on BSE SME. |
