Subam Papers Ltd IPO

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.

Subam Papers Ltd IPO Details

Total Shares Offered

₹ 61,64,800

Offer to Public

TBA

Retail Max (Shares)

₹ 20,49,600

Pre Issue Promoters Holding

₹ 1,61,93,672

Exchange

BSE

Issue size

₹ 93.7 Cr

IPO Open Date

Sep 30, 2024

Close Date

Oct 3, 2024

Lot Size

800

Min Investment

₹ 1,15,200

Issue Type

Book Building - SME

Listing Date

Oct 8, 2024

Subam Papers Ltd IPO Dates

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Sep 30, 2024
Opening date
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Oct 3, 2024
Closing date
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Oct 4, 2024
Basis of Allotment
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Oct 7, 2024
Initiation of Refunds
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Oct 7, 2024
Credit of Shares
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Oct 8, 2024
Listing date

Details

SectorType
SectorPaper
Sub SectorNA
Issue TypeBook Building - SME

Subscription Status

*Values are in Lakhs

Investor Type

QIB

NII

Retail

Employee

Total

Subam Papers Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)
Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations539.17493.86508.30
EBITDA60.4557.7833.92
PAT25.5628.802.51
Total Assets198.02154.55139.69
Share Capital23.241.631.63
Total Borrowings113.25116.59132.10
Operating Activities (Net Cash)38.5738.4516.44
Investing Activities (Net Cash)141.35-4.2516.13
Financing Activities (Net Cash)113.25116.59132.10
Net Cashflow2.254.564.97

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 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.

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.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Subam Papers Ltd IPO?

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Subam Papers Ltd's IPO offers shares for up to 93.7 It begins on Sep 30, 2024 and ends on Oct 3, 2024.

What is the price of the Subam Papers Ltd IPO?

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

What are the open and close dates for the Subam Papers Ltd IPO?

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

When will the Subam Papers Ltd IPO be allotted?

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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.

What is the minimum lot size required for Subam Papers Ltd IPO?

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

What is the GMP of Subam Papers Ltd IPO?

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

How do you check the allotment status of Subam Papers Ltd IPO?

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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.'

Where is the Subam Papers Ltd IPO getting listed?

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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.

How do you apply for the Subam Papers Ltd IPO?

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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.

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