Shreenath Paper Products Ltd
Shreenath Paper Products Ltd, a prominent supply chain solutions provider in the paper industry, is set to launch its Initial Public Offering (IPO) on February 25, 2025. The company aims to raise ₹23.36 crores through this IPO, offering 53,10,000 equity shares at a fixed price of ₹44 per share.
Company Overview
Established in 2011, Shreenath Paper Products Ltd specializes in sourcing and supplying various types of paper used across multiple industries, including FMCG, textiles, packaging, pharmaceuticals, advertising, and commercial printing. Their product portfolio includes sublimation base paper, thermal base paper, straw paper, cup stock paper, poster paper, security PSA sheets, and high-strength paper, among others. The company primarily operates in the domestic market, with a strong presence in Maharashtra, Gujarat, and Madhya Pradesh.
IPO Timeline
- IPO Opens: February 25, 2025
- IPO Closes: February 28, 2025
- Allotment Date: March 3, 2025
- Listing Date on BSE SME: March 5, 2025
Price Band and Lot Size
- Issue Price: ₹44 per equity share
- Minimum Lot Size: 3,000 shares
- Minimum Investment: ₹1,32,000
- Investment Multiples: In lots of 3,000 shares
Financials
Over the past three financial years, Shreenath Paper Products Ltd has demonstrated significant growth:
Financial Year | Revenue (₹ Cr) | Net Profit (₹ Cr) |
---|---|---|
FY 2021-22 | 141.75 | 1.34 |
FY 2022-23 | 206.70 | 4.38 |
FY 2023-24 | 189.67 | 4.39 |
This upward trajectory reflects the company’s robust business model and its ability to scale operations effectively.
Strengths
- Diverse Product Portfolio: Offering a wide range of paper products catering to multiple industries.
- Established Market Presence: Strong foothold in key regions like Maharashtra, Gujarat, and Madhya Pradesh.
- Consistent Financial Growth: Demonstrated revenue and profit growth over the past three years.
- Experienced Management Team: Led by industry veterans with deep operational knowledge.
Risks
- Market Competition: The paper industry is highly competitive, with numerous players vying for market share.
- Economic Sensitivity: Demand for paper products can be influenced by broader economic conditions.
- Raw Material Price Fluctuations: Variations in raw material costs can impact profit margins.
IPO Anchor Investors Details
Specific details regarding anchor investors have not been disclosed as of now. Such information is typically released closer to the listing date or post-allotment.
IPO Promoter Holding
The shareholding pattern of the promoters is as follows:
Promoter | Holding Percentage |
---|---|
Alok Parekh | 12.1% |
Ronak Parekh | 14.68% |
Navneetdas Parekh | 9.95% |
Hasumati Navneetdas Parekh | 26.98% |
Harish Parekh | 15.17% |
Hasumati Harish Parekh | 15.13% |
Neha Parekh | 5.02% |
Sayali Parekh | 0.97% |
IPO Grey Market Premium (GMP)
As of now, there is no available information regarding the Grey Market Premium for Shreenath Paper Products Ltd’s IPO. Investors are advised to consult financial advisors or reliable market sources for updates as the listing date approaches.
Final Thoughts
Shreenath Paper Products Ltd’s upcoming IPO presents an opportunity to invest in a growing player within the paper industry. The company’s consistent financial growth, diverse product portfolio, and strong market presence position it favorably in the market. However, potential investors should carefully consider the associated risks, including market competition and economic sensitivity, before making investment decisions.