Subam Papers Ltd IPO
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Subam Papers Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 61.65 L | TBA | ₹ 20.5 L | ₹ 161.94 L | BSE | ₹ 93.7 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 30 Sep, 24 | 03 Oct, 24 | 800 | ₹ 1,15,200 | Book Building - SME | 08 Oct, 24 |
Subam Papers Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Paper |
| Sub Sector | NA |
| Issue Type | Book Building - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 0x | 2928000 | 0 |
| NII | 0x | 878400 | 0 |
| Retail | 0x | 2049600 | 0 |
| Employee | 0x | 0 | 0 |
| Total | 0x | 6164800 | 0 |
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) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 493.86 | 508.30 | 329.27 |
| EBITDA | 71.12 | 35.64 | 49.74 |
| PAT | 33.03 | -0.68 | 27.27 |
| Total Assets | 196.05 | 175.01 | 159.55 |
| Share Capital | 1.63 | 1.63 | 1.63 |
| Total Borrowings | 178.78 | 193.19 | 145.71 |
| Operating Activities (Net Cash) | 46.00 | 15.29 | 33.82 |
| Investing Activities (Net Cash) | -11.93 | 9.52 | 16.17 |
| Financing Activities (Net Cash) | 178.78 | 193.19 | 145.71 |
| Net Cashflow | 10.93 | 7.62 | 4.89 |
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.