Aten Papers IPO subscribed overall 1.49 times on the last day, while the retail quota was subscribed 2.17 times, QIB was subscribed 2.91 times, and NII quota subscribed 0.66 times respectively.
Aten Papers & Foam Details
Aten Papers & Foam received approval from SEBI for an IPO worth ₹31.68 crores.
Aten Papers & Foam IPO has a fresh issue of ₹31.68 with a Face value of ₹10 each. This IPO’s main aim is to enhance its financial background and reputation in the market.
Moreover, the company has set up a price band is ₹91 to ₹96 per share.
In Aten Papers IPO, a total of 1200 shares were available in 1 lot size for the minimum Retail category, and for the maximum retail category also, while S-HNI (Min) had a total of 2,400 shares in 2 lot sizes.
To invest in the Aten Papers & Foam IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum investment of ₹1,15,200 and maximum.
- Small HNI (S-HNI): Minimum investment of ₹2,30,400.
Aten Papers & Foam IPO Subscription Duration
The Aten Papers & Foam IPO subscription started on June 13, 2025, and the closing date was June 17, 2025. The Aten Papers & Foam IPO allotment was finalized on June 18, 2025, and the IPO listing is on June 20, 2025.
Aten Papers & Foam IPO Funds Deployment
The company plans to use the money raised from the new shares for the following purposes:
- Capital Expenditure
- To Meet Working Capital Requirements
- General Corporate Purposes
About Aten Papers & Foam IPO
Aten Papers & Foam Private Limited was established on January 7, 2019. The company is engaged in producing paper, which it sources from different mills and sells to customers. Its growth is supported by the experience and commitment of its management team. The company operates in a highly competitive industry, facing competition from both large, well-established firms and smaller, local businesses.
Financially, the revenue of ₹96.80 crores in 2024 was ₹91.00 crores in 2023. Moreover, PAT(Profit After Tax)was ₹2.78 crores in 2024, while ₹0.50 crores in 2023.
Aten Papers & Foam IPO Financial Background
In 2025, the company recorded a revenue of ₹138.70 crores, up from ₹96.80 crores in 2024. Its profit also increased, reaching ₹7.01 crores in 2025 compared to ₹2.78 crores in the previous year.
