Shreenath Paper Products Ltd IPO

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.

Strengths

Risk

Strategy