Subam Papers Ltd IPO

We are a company engaged in the manufacturing of Kraft Paper and Paper Products. We proudly call ourselves as a packaging solution providing company. Subam started its journey in the year 2004 with manufacturing of paper cones and later expanded the product base by adding Duplex board and Kraft paper in its portfolio. Our company is not like the traditional paper manufactures, we do not manufacture our products from wood pulp but instead we use waste paper as our raw material. We aim to preserve mother nature and tend to drive our company on the principle of recycling. Our company leverages wastepaper as the primary raw material in the production of Kraft Paper and Duplex Board.

Open Demat Account

50years

Subam Papers Ltd IPO Details

Details

Total Shares OfferedOffer to PublicRetail Max (Shares)Pre Issue Promoters HoldingExchangeIssue size
₹ 61.65 LTBA₹ 20.5 L₹ 161.94 LBSE₹ 93.7 Cr
IPO Open DateClose DateLot SizeMin InvestmentIssue TypeListing Date
30 Sep, 2403 Oct, 24800 ₹ 1,15,200 Book Building - SME08 Oct, 24

Subam Papers Ltd IPO Dates

  • 30 Sep 2024

    Opening date

  • 03 Oct 2024

    Closing date

  • 04 Oct 2024

    Basis of
    Allotment

  • 07 Oct 2024

    Initiation of
    Refunds

  • 07 Oct 2024

    Credit of
    Shares

  • 08 Oct 2024

    Listing date

Details

SectorType
SectorPaper
Sub SectorNA
Issue TypeBook Building - SME

Subscription Status

*Values are in Lakhs

Investor TypeSubscription TimesShares Offered*Shares Bid*
QIB0x29280000
NII0x8784000
Retail0x20496000
Employee0x00
Total0x61648000

Subscription Status

Investor Type

QIB

NII

Retail

Employee

Total

*Values are in Lakhs

Subam Papers Ltd Financial Status

Income Statement

Balance Sheet

Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations58.1519.6743.19
EBITDA71.1235.6449.74
PAT33.03-0.6827.27
Total Assets196.05175.01159.55
Share Capital1.631.631.63
Total Borrowings178.78193.19145.71
Operating Activities (Net Cash)46.0015.2933.82
Investing Activities (Net Cash)-11.939.5216.17
Financing Activities (Net Cash)178.78193.19145.71
Net Cashflow10.937.624.89

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 Subam Papers Ltd

Our Company was originally incorporated on October 06, 2004, as a Private Limited Company in the name of Subam Papers Private Limited under the provisions of the Companies Act, 1956 with the Registrar of Companies, Tamil Nadu. Subsequently pursuant to a Special Resolution of our Shareholders passed in the Extra-Ordinary General Meeting held on March 08, 2024, our Company was converted from a Private Limited Company to Public Limited Company and consequently, the name of our Company was changed to `Subam Papers Limited' and a Fresh Certificate of Incorporation consequent to Conversion was issued on May 15, 2024 by the Registrar of Companies, Central Processing Centre.

The paper and packaging sector in India is growing rapidly and has significant potential for future expansion. The industry was valued at $50.5 billion in 2019 and is anticipated to reach $204.81 billion by 2025, registering a CAGR of 26.7% from 2020 to 2025. 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. The paper and packaging industry is currently the fifth largest sector in the Indian economy and has the potential to achieve pricing levels that are about 40% cheaper compared to European regions.

We are a company engaged in the manufacturing of Kraft Paper and Paper Products. We proudly call ourselves as a packaging solution providing company. Subam started its journey in the year 2004 with manufacturing of paper cones and later expanded the product base by adding Duplex board and Kraft paper in its portfolio. Our company is not like the traditional paper manufactures, we do not manufacture our products from wood pulp but instead we use waste paper as our raw material. We aim to preserve mother nature and tend to drive our company on the principle of recycling. Our company leverages wastepaper as the primary raw material in the production of Kraft Paper and Duplex Board.

Peer Comparison:

  • Pakka Ltd
  • Shree Ajit Pulp and Paper Ltd

Subam Papers Ltd IPO Key Points

Strengths

  • Paper waste recycle and Sustainable packaging solutions.
  • Significant Advantage Due to Proximity of Subam's Factory Location.
  • Efficient Inventory Management.
  • Fully Integrated Manufacturing Facility.
  • Consistent Financial Performance.

Risk

  • The company has certain outstanding litigation against it, an adverse outcome of which may adversely affect its business, reputation and results of operations.
  • The availability of raw material, i.e. waste paper is very crucial for its business activities.
  • The company has received certain notices from the GST Department indicating huge discrepancies which may translate into Demand against it and potentially harming its business, reputation, and financial performance.

Strategy

  • Anaerobic Reactor for odorless paper manufacturing.
  • Import of wastepaper from western countries.
  • Strategic advantage due to our proximity to the upcoming Vizhinjam and Tuticorin Ports by reshaping our import and export operations.
  • Establishing Support for a Wholly-Owned Subsidiary's New Unit.
  • Paper waste recycle and Sustainable packaging solutions.
  • Significant Advantage Due to Proximity of Subam's Factory Location.
  • Efficient Inventory Management.
  • Fully Integrated Manufacturing Facility.
  • Consistent Financial Performance.

How To Apply for Subam Papers 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.

Get your FAQs right

Subam Papers Ltd's IPO offers shares for up to ₹ 0 L It begins on Sep 30, 2024 and ends on Oct 3, 2024.

The price of Subam Papers Ltd IPO ranges between ₹144 to ₹152 per share.

The Subam Papers Ltd IPO opens on Sep 30, 2024 and closes on Oct 3, 2024.

The allotment for the Subam Papers Ltd IPO will be finalised on Oct 4, 2024. The shares will be listed on BSE and NSE on Oct 8, 2024.

The minimum lot size for Subam Papers Ltd IPO is 800 shares, priced between ₹144 to ₹152 per share.

The GMP (Grey Market Premium) of Subam Papers Ltd IPO fluctuates based on market demand and sentiment.

To check the allotment status of Subam Papers Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

The Subam Papers Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Sep 30, 2024, and closes on Oct 3, 2024. The allotment is finalised on Oct 4, 2024.

To apply for the Subam Papers Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.