Shreenath Paper IPO is a fixed-price issue of ₹23.36 crores, consisting entirely of a fresh issue of 53.10 lakh shares.
The subscription for Shreenath Paper IPO opens on February 25, 2025, and closes on February 28, 2025. The allotment process is expected to be finalized on Monday, March 3, 2025. The IPO is set to list on BSE SME, with a tentative listing date scheduled for Wednesday, March 5, 2025.
Shreenath Paper Products Limited operates in the Paper & Paper Products sector. They specialize in providing supply chain solutions for industries that use various types of paper materials, such as coated paper, food-grade paper, machine-glazed paper, and adhesive papers.
The issue is priced at ₹44 per share. The minimum lot size for an application is 3,000 shares, requiring a retail investment of ₹1,32,000. For HNIs, the minimum investment is 2 lots (6,000 shares), amounting to ₹2,64,000.
Galactico Corporate Services Limited is the book-running lead manager for the Shreenath Paper IPO, while Bigshare Services Pvt Ltd serves as the registrar. The market maker for the issue is Pure Broking Private Limited.
Shreenath Paper IPO Details:
| Company Name | Shreenath Paper Products Limited |
| Sector | Paper and Products |
| IPO Type | SME |
| IPO Open date | 25th Feb 2025 |
| IPO Close date | 27th Feb 2025 |
| Listing Exchanges | BSE |
| DRHP Draft Prospectus | Click to check |
| RHP Draft Prospects | Click to check |
Shreenath Paper IPO Lot Size:
| Application | Lot Size | Shares | Amount |
| Retail (Min) | 1 | 3000 | 1,32,000 |
| HNI (Min) | 2 | 6000 | 2,64,000 |
Shreenath Paper IPO Timeline:
| IPO Open Date | 25th Feb 2025 |
| IPO Close Date | 28th Feb 2025 |
| Basis of Allotment | 03rd Mar 2025 |
| Refund Initiation Date | 04th Mar 2025 |
| Shares Credit to Demat | 04th Mar 2025 |
| Listing Date | 05th Mar 2025 |
Things to Consider before applying for an IPO
Financial Performance: Review Shreenath Paper’s Financials to understand its revenue, profitability, and growth prospects.
Industry Outlook: Consider the overall health of India’s Paper and Products Industry.
Valuation: Compare the price band to similar companies in the industry to see if the IPO is priced fairly.
Management Team: Research the experience and capabilities of the management team.
Our Verdict
This IPO offers a good opportunity to invest in Shreenath Paper Solutions and be a part of its growth.
FAQ
What is Grey Market Premium (GMP)?
The Grey Market Premium (GMP) represents the price at which an Initial Public Offering (IPO) is traded in the unregulated grey market before its official listing. It serves as an indicator of how the IPO might perform on the listing day. Seeing the latest GMP, investors can estimate the listing performance of the IPO.
