Abril Paper Tech Ltd IPO

About Abril Paper Tech Ltd

Our Company was originally formed as a partnership firm under the name `Abril International' (Partnership Firm) pursuant to a deed of partnership dated January 01, 2019 under the Indian Partnership Act, 1932 (Partnership Act). and a Certificate of Registration bearing number GUJSR205170 was issued by Registrar of Firms. The partnership firm was thereafter converted from `Abril International' into Private Limited Company under Section 366 Part I of Chapter XXI of the Companies Act, 2013, as `Abril Paper Tech Private Limited' under the Companies Act, 2013, pursuant to a certificate of incorporation dated November 17, 2023 issued by the Registrar of Companies, Central Registration Centre. Subsequently our company converted into public limited Company, pursuant to a special resolution passed by the shareholders of our company at the Extra-Ordinary General Meeting held on July 29, 2024 and consequently the name of our Company was changed to Abril Paper Tech Limited' and a fresh certificate of incorporation was issued by the Registrar of Companies, Central Processing Centre dated September 17, 2024. The Corporate Identification Number of our Company is U17015GJ2023PLC146314.

India's paper industry is a global contender, contributing around 5% to the world's paper production and ranking among the top 15 paper-producing countries worldwide. This presents a unique opportunity to invest in Paper Products within India. The Indian paper & paper products market is set to flourish, projected to grow from USD 8.6 billion in 2018 to USD 13.4 billion by 2024, showing a remarkable CAGR of 7.8%. Among the 750 mills in the country, 50 boast a substantial capacity of approximately 50,000 TPA, primarily concentrated in states like Tamil Nadu, Andhra Pradesh, Maharashtra, Punjab, Madhya Pradesh, and Gujarat. The industry is a source of direct employment for 500,000 people in India. Initiatives like the Central Pulp and Research Institute's efforts to set up Paper board and Specialty paper testing facilities, coupled with strengthening training & HRD infrastructure in Pulp, Paper, and Allied industries, are paving the way for an exciting future in Paper Products investment projects in India.

As a manufacturer, we specialize in producing sublimation heat transfer paper in various GSM (grams per square meter) specifications, including 30, 65, 75, and 90 GSM. Each GSM specification is designed to meet different needs within the sublimation printing process, offering a range of applications from light and delicate transfers to more robust and detailed printing tasks. We have our own dedicated sales team to market our products and maintain strong customer relationships.

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