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Subam Papers IPO Date, Review, Price, Allotment Details
Subam Papers IPO is opening for subscription on September 30, 2024, and closing on October 3, 2024. This BSE SME IPO aims to raise ₹93.70 crores, with a 100% Fresh Issue of TBA equity shares, each with a face value of ₹10. The price band for the Subam Papers IPO is fixed at ₹144 – ₹152 Per Share, with a market lot of 800 Shares.The allocation for this IPO is as follows: 35% for retail investors, 50% for QIBs, and 15% for high-net-worth individuals (HNI). Subam Papers IPO Allotment will done on October 4, 2024, and Subam Papers IPO listing date is October 8, 2024.
Subam Papers Company Profile
Subam Papers Limited is a distinguished manufacturer in the Indian paper industry, primarily engaged in the production of Kraft Paper and other paper products. Established in 2004 in Tirunelveli, Tamil Nadu, Subam Papers has evolved from a small-scale operation into a key player in the packaging and paper manufacturing industry. The company prides itself on its environmentally conscious business practices, using recycled wastepaper as its primary raw material, aligning with the global push for sustainable production and eco-friendly initiatives.
Journey and Evolution
Subam Papers began its operations focusing on the manufacture of paper cones, which are commonly used in the textile industry for winding yarns and threads. However, as the company grew, it recognized the potential in expanding its product line. Over the years, Subam Papers diversified its portfolio by adding Kraft Paper and Duplex Boards to its offerings. This diversification allowed Subam to cater to a broader market, especially the packaging industry, which has witnessed significant growth due to the rise of e-commerce and increased demand for sustainable packaging solutions.
In 2012, Subam Papers underwent a substantial capacity expansion to meet the rising demand for its products. This expansion helped the company capture a larger market share and improve its production efficiency, solidifying its position as a trusted supplier in the paper manufacturing industry.
Production Capacity and Technology
Subam Papers boasts a state-of-the-art production facility with an installed capacity of 300 metric tons per day (MTPD) of Kraft Paper, amounting to an annual capacity of 93,600 tons. In the financial year ending March 31, 2024, the company utilized a remarkable 93,081 metric tons of its total capacity, showcasing its ability to operate at near-optimal efficiency.
The production process is primarily based on the recycling of wastepaper, underscoring Subam’s commitment to environmental sustainability. By repurposing wastepaper into high-quality Kraft Paper, the company not only contributes to reducing deforestation but also offers a solution that aligns with the increasing demand for sustainable packaging materials in the global market.
Subam Papers also maintains a substantial raw material storage facility, ensuring a steady supply of inputs for its production lines. This proactive approach helps the company meet customer demands consistently without disruptions.
Products and Market Presence
Subam Papers produces two key products:
- Kraft Paper: Kraft paper is a durable and flexible paper type used widely in the packaging industry. Its strength and resilience make it an ideal material for producing cartons, wrapping, and other packaging solutions.
- Duplex Boards: Duplex boards are high-quality paper boards used for packaging applications that require an attractive finish. They are typically used for making boxes, cartons, and other types of packaging for products ranging from consumer goods to electronics.
By focusing on these product lines, Subam Papers has been able to cater to the needs of various industries, particularly the packaging industry, which continues to see exponential growth due to e-commerce, retail expansion, and the increasing demand for environmentally friendly packaging solutions.
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Subam Papers IPO Objectives
The funds raised through the IPO will be utilized for:
- Investment in a subsidiary to finance its capital expenditure requirements.
- Funds for general corporate purposes.
Subam Papers IPO Key Details
- Subam Papers IPO Open Date: September 30, 2024
- Subam Papers IPO Close Date: October 3, 2024
- Subam Papers IPO Size: Approximately ₹93.70 crores, Equity Shares
- Face Value: ₹10 Per Equity Share
- Subam Papers IPO Price Band: ₹144 – ₹152 Per Equity Share
- Subam Papers IPO Listing on: BSE SME IPO
- Retail Quota: 35% of the net offer
- QIB Quota: 50% of the net offer
- HNI Quota: 15% of the net offer
Market Lot for Subam Papers IPO:
- Minimum Lot Size: 800 shares
- Minimum Investment (Retail): ₹121,600
- HNI Minimum Lot: 1,600 shares
- Minimum Investment (HNI): ₹243,200
Subam Papers IPO Timeline
- Subam Papers IPO Open Date: September 30, 2024
- Subam Papers IPO Close Date: October 3, 2024
- Basis of Allotment: October 4, 2024
- Refunds: October 7, 2024
- Credit to Demat Account: October 7, 2024
- Subam Papers IPO Listing Date: October 8, 2024
How to Apply for Subam Papers IPO
Investors can apply for the Subam Papers IPO through ASBA (Applications Supported by Blocked Amount) online via their bank accounts or by using the offline IPO forms, which can be downloaded from the BSE website.
Subam Papers Financial Performance (in Crores)
- Year 2022: Revenue: ₹332.60 Cr, Expense: ₹297.92 Cr, Profit After Tax: ₹26.00 Cr, Assets: ₹394.18 Cr
- Year 2023: Revenue: ₹510.62 Cr, Expense: ₹505.66 Cr, Profit After Tax: ₹-0.27 Cr, Assets: ₹414.35 Cr
- Year 2024: Revenue: ₹496.97 Cr, Expense: ₹451.17 Cr, Profit After Tax: ₹33.42 Cr, Assets: ₹460.46.
Subam Papers Valuation FY2024
- Return on Equity (RoE): 16.79%
- Return on Capital Employed (RoCE): 20.84%
- EBITDA Margin: 14.72%
- PAT Margin: 6.77%
- Debt-to-Equity Ratio: 0.92
- Earnings Per Share (EPS): ₹205.31
- Net Asset Value (NAV): ₹122.29
Subam Papers Peer Group
Pakka Limited: Revenue: ₹404.00 Cr, P/E Ratio: 22.36, EPS: 11.21, RoNW: 17.25%, NAV: ₹64.36
Shree Ajit Pulp And Paper Ltd: Revenue: ₹294.51 Cr, P/E Ratio: 16.35, EPS: 14.18, RoNW: 3.35%, NAV: ₹302.68
Subam Papers Company Promoters
- Mr. T Balakumar
- Ms. Sudha Alagarsamy
Subam Papers IPO Registrar
Bigshare Services Pvt Ltd
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis,Makwana Road,
Marol, Andheri(E), Mumbai – 400 059
Website: https://ipo.bigshareonline.com/IPO_Status.html
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Subam Papers IPO Allotment Status Check
- Check the Subam Papers IPO allotment status on the Bigshare Serviceswebsite.
Subam Papers IPO Allotment Link
- Check the Subam Papers IPO allotment on the Check Ipo Allotmentwebsite.
Subam Papers IPO Lead Managers (Merchant Bankers)
- Gretex Corporate Services Limited
Subam Papers Company Address
S.F.No.143-146
Vaduganpatti Village Taluk
Tirunelveli,Tamil Nadu-627 010 India
Website: http://www.subampapers.com/
Phone: +91-9486303300
Email: info@subampapers.com
Subam Papers IPO FAQs
What is Subam Papers IPO?
Subam Papers IPO is a BSE SME IPO. They are going to raise ₹93.70 crores via IPO. The issue is priced at ₹144 – ₹152 Per equity share. The IPO is to be listed on BSE.
When will the Subam Papers IPO open?
The IPO is to open on September 30, 2024, for NII, and Retail Investors.
What is Subam Papers IPO Investors Portion?
The investors’ portion for QIB is 50%, HNI is 15%, and Retail is 35%.
How to Apply for the Subam Papers IPO?
You can apply for Shelter Finance IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply Subam Papers IPO through M-Stock?
For those using M-Stock, the application process involves logging into the M-Stock Account, selecting the IPO under the Product Tab, and then filling in the necessary details. Approval through a UPI app is also required. Opening a Demat Account with M-Stock may be necessary for some applicants. Open Demat Account with M-Stock.
How to Apply the Subam Papers IPO through Alice Blue?
Alice Blue users can apply by logging into the Alice Blue application, selecting the IPO, and confirming their application. Similar to other methods, approval via a UPI app is required. Opening a Demat Account with Alice Blue may also be necessary. Open a Demat Account with Alice Blue.
How to Apply for the Subam Papers IPO through Motilal Oswal?
Log in to Motilal Oswal Application with your credentials. Select the IPO. You will see the IPO Name. Click on the Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Motilal Oswal.
What is Subam Papers IPO Size?
Subam Papers IPO size is ₹93.70 crores.
What is Subam Papers IPO Price Band?
Subam Papers IPO Price Band is ₹144 – ₹152 Per equity share.
What is Subam Papers IPO Minimum and Maximum Lot Size?
The IPO bid is 800 Shares with ₹121,600.
What is Subam Papers IPO Allotment Date?
Subam Papers IPO allotment date is October 4, 2024.
What is Subam Papers IPO Listing Date?
Subam Papers IPO listing date is October 8, 2024. The IPO to list on BSE SME IPO.
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