Shreenath Paper Products Ltd IPO
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Shreenath Paper Products Ltd IPO Details
Details
Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
---|---|---|---|---|---|
₹ 53.1 L | TBA | ₹ 25.14 L | ₹ 143.44 L | BSE | TBA |
IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
25 Feb, 25 | 28 Feb, 25 | 3000 | TBA | Fixed Price - SME | 05 Mar, 25 |
Shreenath Paper Products Ltd IPO Dates
Details
Sector | Type |
---|---|
Sector | Trading |
Sub Sector | NA |
Issue Type | Fixed Price - SME |
Subscription Status
*Values are in Lakhs
Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
---|---|---|---|
QIB | 0x | 0 | 0 |
NII | 0x | 2514000 | 0 |
Retail | 0x | 2514000 | 0 |
Employee | 0x | 0 | 0 |
Total | 0x | 5310000 | 0 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Shreenath Paper Products Ltd Financial Status
Income Statement
Balance Sheet
Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
---|---|---|---|
Revenue from operations | 6.19 | 1.88 | 1.33 |
EBITDA | 6.50 | 1.98 | 1.40 |
PAT | 4.38 | 1.34 | 0.95 |
Total Assets | 46.23 | 26.79 | 25.18 |
Share Capital | 0.75 | 0.68 | 0.68 |
Total Borrowings | 21.53 | 12.48 | 9.16 |
Operating Activities (Net Cash) | 4.69 | 1.44 | 1.02 |
Investing Activities (Net Cash) | 0.00 | 0.00 | 0.00 |
Financing Activities (Net Cash) | 21.53 | 12.48 | 9.16 |
Net Cashflow | 2.46 | 0.11 | 0.07 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Shreenath Paper Products Ltd
Shreenath Paper Products Limited was originally incorporated as a private company in the name and style of Shreenath Paper Products Private Limited under the Companies Act, 1956 vide certificate of incorporation dated October 10, 2011 issued by Registrar of Companies, Maharashtra, Mumbai. Thereafter, pursuant to a resolution passed by its Shareholders in the extraordinary general meeting held on December 30, 2011, the business of Shrinath Papers, a proprietorship concern was taken over as per the terms of the MoU dated December 09, 2011. Subsequently, the Company was converted into a public limited company, pursuant to the special resolution passed by the Shareholders of the Company at the Extraordinary General Meeting of its members held on March 21, 2023, and consequently upon conversion, the name of the Company was changed to Shreenath Paper Products Limited, vide a fresh certificate of incorporation dated April 20, 2023 issued by Registrar of Companies, Mumbai.
The paper and packaging sector in India is growing rapidly and has significant potential for future expansion. The growth in the sector is being driven by a surge in e-commerce, food processing, pharmaceuticals, FMCG, manufacturing industry and healthcare sector. Additionally, numerous government initiatives including 'Make in India' had positive impact on the packaging industry.
We are primarily engaged in the business of providing supply chain solution to industries where paper forms a major part of their raw materials such as coating based paper, food grade paper, machine glazed paper, pressure sensitive adhesive paper. As our business, we understand the specific requirements of our client, curate the technical specifications based on the requirements, identify manufacturer who specialises in the products required, place order, test the sample, procure the material in the desired quantity and supply to our customers.
Peer Comparison:
- JK Paper Ltd
- Star Paper Mills Ltd
- Seshasayee Paper & Boards Ltd
Shreenath Paper Products Ltd IPO Key Points
Strengths
- Extensible Business Model.
- Strong Network of supplier.
- Multiproduct Portfolio and ability to identify customer requirements.
- Strong relationships with key customers.
- Experienced management team with an established track record.
Risk
- Our Company does not own any manufacturing facility and we therefore depend on third-party manufacturers and therefore, we are subject to risks associated with the third-party manufacturing processes.
- We are dependent on our Top 5 suppliers for uninterrupted supply of papers. Any disruption in supply of papers from these third-party manufacturers will adversely affect our operations.
- We are dependent on few customers. Any loss of business from one or more of them may adversely affect our revenues and profitability.
Strategy
- Maintain our focus on increasing our products range and moving up the value chain.
- Capitalize the opening of new markets and enhancing our existing customer base.
- Develop cordial relationship with our Suppliers, Customer and employees.
- Most trusted SCM Company in printing industry.
- Extensible Business Model.
- Strong Network of supplier.
- Multiproduct Portfolio and ability to identify customer requirements.
- Strong relationships with key customers.
- Experienced management team with an established track record.
How To Apply for Shreenath Paper Products Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.