Shreenath Paper Products Ltd IPO is a Public Issue (Fixed Portion) issue of Rs 23.36 crores. The IPO consists of a fresh issue of 53.10 lakh shares. Investors keen on upcoming IPOs in India should consider this offering. Below is a detailed analysis of the IPO, subscription details, allotment date, and listing information.
Shreenath Paper Products Ltd IPO Details
Particulars | Details |
IPO Open Date | February 25, 2025 |
IPO Close Date | February 28, 2025 |
Issue Type | Public Issue (Fixed Portion) |
Issue Size | Rs 23.36 Crores |
Face Value | Rs 10 per share |
Price Band | Rs 44 per share |
Lot Size | 3,000 Shares |
Minimum Investment | Rs 132,000 |
Total Shares Offered | 53,10,000 |
Listing Exchange | BSE |
Tentative Listing Date | March 5, 2025 |
Important Dates for Shreenath Paper Products Ltd IPO
Event | Date |
IPO Opening Date | February 25, 2025 |
IPO Closing Date | February 28, 2025 |
Basis of Allotment | March 3, 2025 |
Initiation of Refunds | March 4, 2025 |
Credit of Shares to Demat | March 4, 2025 |
Listing Date | March 5, 2025 |
Shreenath Paper Products Ltd IPO Subscription Status
As of February 28, 2025, the IPO received a total subscription of 1.06x. Below is the category-wise subscription status:
Category | Subscription Times |
Qualified Institutional Buyers (QIB) | 0x |
Retail Individual Investor (RII) | 1.93x |
Non-Institutional Investor (NII) | 0.27x |
Others | 0x |
Total Subscription | 1.06x |
Day-Wise IPO Subscription
Date | QIB | RII | NII | Total |
Day 1 (25-02-2025) | 0x | 0.28x | 0.02x | 0.14x |
Day 2 (27-02-2025) | 0x | 1.17x | 0.18x | 0.65x |
Day 3 (28-02-2025) | 0x | 1.93x | 0.27x | 1.06x |
Shreenath Paper Products Ltd IPO Reservation
Investor Category | Shares Offered | Percentage |
Non-Institutional Investor (NII) | 25,14,000 | 47.34% |
Retail Individual Investor (RII) | 25,14,000 | 47.34% |
Others | 2,82,000 | 5.31% |
Total Shares Offered | 53,10,000 | 100.00% |
Shreenath Paper Products Ltd IPO Allotment & Listing
The allotment for Shreenath Paper Products Ltd IPO is expected to be finalized on March 3, 2025. Refunds for those who did not receive allotment will be initiated on March 4, 2025, and shares will be credited to successful applicants’ Demat accounts on the same day. The IPO will be listed on BSE with a tentative listing date of March 5, 2025.
Financials & Company Overview
Shreenath Paper Products Ltd is engaged in manufacturing high-quality paper products catering to diverse industrial applications. Investors looking for promising stocks in the packaging and paper industry should closely analyze the company’s financial performance before investing.
Why Should You Invest in Shreenath Paper Products Ltd IPO?
- Growing Industry: The paper and packaging industry is expanding due to increasing demand.
- Fair Valuation: The IPO is priced at Rs 44 per share, making it an affordable option for retail investors.
- Listing on BSE: The stock will be listed on BSE, ensuring visibility and liquidity.
How to Apply for Shreenath Paper Products Ltd IPO?
Investors can apply for the IPO through UPI or ASBA (Application Supported by Blocked Amount) via their bank or stockbroker platforms. Ensure to check the minimum investment requirement of Rs 132,000 before applying.
Upcoming IPOs in India This Week
Investors looking for more investment opportunities should also explore other upcoming IPOs this week. The upcoming IPO list includes various new companies planning to go public on the NSE and BSE.
Conclusion
Shreenath Paper Products Ltd IPO offers an exciting investment opportunity for those looking to diversify their portfolio. With a fair valuation and strong industry potential, this IPO could be a good pick for retail and institutional investors.
For the latest updates on upcoming IPOs in India, keep an eye on the IPO news and forums. Always conduct thorough research before investing in any IPO.
