Nikita Papers IPO subscription started on Tuesday, May 27, 2025, and will close on Thursday, May 29, 2025, as per the schedule. The price band is set at ₹95 to ₹104 per share with a face value of ₹10.
Nikita Papers IPO Subscription Status
Nikita Papers IPO subscribed over 1.43x on its Last day till 05.00 PM on 29th May 2025.
- Nikita Papers IPO subscription QIB investors portion is 0.74x times, while NII subscribed 2.11x times and RII investors subscribed 1.84x times.
- The company has received bids for 75,61,200 shares against 52,99,200 shares on offer on the Last day.
- Nikita Papers IPO subscribed over 0.89x on day 2.
- Nikita Papers IPO subscribed over 0.60x on day 1.
About Nikita Papers IPO
Nikita Papers Limited started in 1989 and indulged in making paper and paper-based products. Moreover, the company produces various types of papers, which are utilised for things like packaging, printing, and industrial purposes. Their Kraft papers are 100% recycled waste paper and use that for new and smart ideas at every step of the process. They focus on eco-friendly methods and often use recycled materials in their production. With a wide delivery network, Nikita Papers supplies its products in India and other countries, aiming to offer good quality and reliable service. Their performance and quality are being forced by the facilities and the production process that are given to them. Depending on how big the company is and what it does, it may also make items like packaging paper, tissue paper, or special types of paper.
Nikita Papers IPO Company Financial Report
The company reported revenue of ₹346.78 crores in 2024 against ₹401.31 crores in 2023. The company reported a profit of ₹16.60 crores in 2024 against a profit of ₹8.65 crores in 2023.
Nikita Papers IPO GMP:
Nikita Papers IPO GMP was ₹5 as of Thursday, 29th May 2025. That indicates the IPO is trading at ₹109 with a ₹5 premium in the grey market against the issue price of ₹104.
