Subam Papers IPO Date, Review, Price, Allotment Details

Subam Papers IPO open date is September 30, 2024 and the IPO will close on October 3, 2024. Subam Papers IPO is a Book Built Issue. The company to raise around ₹93.70 crores via IPO that comprises fresh issue of ₹93.70 crores and offer for sale up to [.] equity shares with face value of ₹10 each.

Subam Papers IPO price band is ₹144 to ₹152 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Subam Papers IPO to list on BSE on October 8, 2024. The allotment of Subam Papers IPO date is October 4, 2024.

The company reported revenue of ₹496.97 crores in 2024 against ₹510.62 crore in 2023. The company reported profit of ₹33.42 crores in 2024 against loss of ₹0.27 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.

Subam Papers IPO

Subam Papers IPO Details

IPO Open Date:September 30, 2024
IPO Close Date:October 3, 2024
Face Value:₹10 Per Equity Share
IPO Price Band:₹144 to ₹152 Per Share
Issue Size:Approx ₹93.70 Crores
Fresh Issue:Approx ₹93.70 Crores
Issue Type:Book Built Issue
IPO Listing:BSE SME
Retail Quota:Not more than 35%
QIB Quota:Not more than 50%
NII Quota:Not more than 15%
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

Subam Papers IPO IPO Market Lot

The Subam Papers IPO minimum market lot is 800 shares with ₹121,600 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum1800₹121,600
Retail Maximum1800₹121,600
HNI Minimum21,600₹243,200

Subam Papers IPO Dates

The Subam Papers IPO date is September 30 and the close date is October 3. The Subam Papers IPO allotment will be finalized on October 4 and the IPO listing on October 8.

IPO Open Date:September 30, 2024
IPO Close Date:October 3, 2024
Basis of Allotment:October 4, 2024
Refunds:October 7, 2024
Credit to Demat Account:October 7, 2024
IPO Listing Date:October 8, 2024

Promoters of Subam Papers IPO

The promoters of the company are Mr. T Balakumar and Ms. Sudha Alagarsamy.

About Subam Papers IPO

The Subam Papers Limited located in S.F.No.143-146 Vaduganpatti Village Nadukallur to Tirunelveli, Tirunelveli, Tirunelveli Taluk- 627010, Tamil Nadu, India and engaged in the manufacturing of Kraft Paper and Paper Products. Subam started its journey in the year 2004 with the manufacturing of paper cones and later expanded the product base by adding Duplex board and Kraft paper to its portfolio.

They aim to preserve mother nature and tend to drive their company on the principle of recycling. This company leverages wastepaper as the primary raw material in the production of Kraft Paper and Duplex Board.

In the financial year ending on March 31, 2024, the installed capacity for Kraft Paper was 300 metric tons per day (MTPD), resulting in a total annual capacity of 93,600 tons. During this period, the utilization of Kraft Paper capacity was 93,081 tons. In 2012 company grew, and again expanded its market share by doing capacity expansion. Furthermore, this company maintains a substantial raw material storage facility to ensure ample reserves, enabling consistent production of high-quality products for the packaging industry.

Subam Papers IPO Company Financial Report

The company reported revenue of ₹496.97 crores in 2024 against ₹510.62 crore in 2023. The company reported profit of ₹33.42 crores in 2024 against loss of ₹0.27 crores in 2023.

Amount ₹ in Crores

Period EndedRevenueExpenseProfit After TaxAssets
2022₹332.60₹297.92₹26.00₹394.18
2023₹510.62₹505.66₹0.27₹414.35
2024₹496.97₹451.17₹33.42₹460.46

Subam Papers IPO Valuation – FY2024

Check Subam Papers IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPIValues
ROE:16.79%
ROCE:20.84%
EBITDA Margin:14.72%
PAT Margin:6.77%
Debt to equity ratio:0.92
Earning Per Share (EPS):₹205.31 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):16.79%
Net Asset Value (NAV):₹122.29

Peer Group Comparison

CompanyEPSPE RatioRoNW %NAVIncome
Pakka Limited11.2122.3617.25%64.36404.00 Cr.
Shree Ajit Pulp And Paper Limited14.1816.353.35%302.68294.51 Cr.

Objects of the Issue

  • Investment in a Subsidiary for Financing its Capital Expenditure requirements
  • General Corporate Purposes

Subam Papers IPO Review

  • IPO Watch – May Apply
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  • Hem Securities –
  • IDBI Capital –
  • Marwadi Shares –
  • Nirmal Bang –
  • SBICAP Securities –
  • Sharekhan –
  • SMC Global –
  • Sushil Finance –
  • Swastika Investmart –
  • Ventura Securities –
  • Geojit –
  • Reliance Securities –
  • Capital Market –
  • BP Wealth –
  • ICICIdirect –
  • Choice Broking –

Subam Papers IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/ipo_status.html

IPO Lead Managers aka Merchant Bankers

  • Gretex Corporate Services Limited

Company Address

Subam Papers Limited
S.F.No.143-146 Vaduganpatti
Village Nadukallur to Tirunelveli,
Tirunelveli, Tirunelveli Taluk- 627010,
Phone: +91-9486303300
Email: [email protected]
Website: http://www.subampapers.com/

Subam Papers IPO FAQs

What is Subam Papers IPO?

Subam Papers IPO is a SME IPO. The company is going to raise ₹93.70 Crores via IPO. The issue is priced at ₹144 to ₹152 per equity share. The IPO is to be listed on BSE.

When Subam Papers IPO will open for subscription?

The IPO is to open on September 30, 2024 for QIB, NII, and Retail Investors. The IPO will close on October 3, 2024.

What is Subam Papers IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Subam Papers IPO?

You can apply for Subam Papers 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.

What is Subam Papers IPO Issue Size?

Subam Papers IPO issue size is ₹93.70 crores.

What is Subam Papers IPO Price Band?

Subam Papers IPO Price Band is ₹144 to ₹152.

What is Subam Papers IPO Lot Size?

The minimum bid is 800 Shares with ₹121,600 amount.

What is the Subam Papers IPO Allotment Date?

Subam Papers IPO allotment date is October 4, 2024.

What is the Subam Papers IPO Listing Date?

Subam Papers IPO listing date is October 8, 2024. The IPO is to list on BSE.

Note: The Subam Papers IPO price band and date are officially announced. The (Subam Papers IPO grey market premium) will be added to the IPO GMP page as it will start).
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