Shreenath Paper Products SME IPO Details, Financials, Valuation & Peers
Explore Shreenath Paper Products IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
Shreenath Paper Products Limited is engaged in providing comprehensive supply chain solutions for industries where paper forms a critical component of their raw materials. The company specializes in sourcing and supplying a wide range of paper products, including coating-based paper, food-grade paper, pressure-sensitive adhesive (PSA) paper, thermal base paper, sublimation base paper, straw paper, cup stock paper, poster paper, and various grades of high-bright and low-bright paper. Shreenath Paper Products acts as a key intermediary between paper manufacturers and end-users, curating technical specifications based on client requirements, sourcing from specialized manufacturers, conducting quality checks, and delivering the final product. The company offers paper in grades ranging from 24-350 GSM, made from recycled waste paper, bagasse-based materials, and virgin pulp. Its products serve diverse industries such as FMCG, textiles, food & beverages, automobiles, e-commerce, pharmaceuticals, printing, publishing, and packaging.
Key Points:
- Supply Chain Solutions: The company provides end-to-end supply chain solutions, from curating technical specifications to sourcing, quality testing, and delivering specialized paper products tailored to client needs.
- Product Portfolio: Shreenath Paper Products offers a wide range of paper types, including sublimation base paper, thermal base paper, food-grade paper, PSA sheets, straw paper, cup stock paper, and high-strength paper, catering to varied industry applications.
- Industry Applications: The company’s paper products are used across multiple industries such as FMCG, textiles, food and beverages, automobiles, e-commerce, pharmaceuticals, advertising, printing, education, and packaging.
- Focus on Sustainability: Shreenath supplies paper in grades ranging from 24-350 GSM, manufactured from eco-friendly sources like recycled waste paper, bagasse (agricultural waste), and virgin pulp, supporting sustainable practices.
- Market Presence: The company has a solid market footprint in key states like Maharashtra, Gujarat, and Madhya Pradesh, serving a diverse client base with high-quality paper products.
Objects of the Issue
- Meeting incremental working capital requirements
- General corporate purposes
IPO Details
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| Fields | Details |
|---|---|
| IPO Dates | 25 Feb - 28 Feb 2025 |
| IPO Price Band | ₹44 per share |
| Fresh Issue | 53,10,000 shares |
| Offer For Sale | NIL |
| Total IPO Size | ₹23.36 crore |
| Face Value | ₹10 |
| Listing On | BSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 25 Feb 2025 |
| IPO Closing Date | 28 Feb 2025 |
| Basis Of Allotment | 03 Mar 2025 |
| Refunds | 04 Mar 2025 |
| Demat Transfer | 04 Mar 2025 |
| IPO Listing Date | 05 Mar 2025 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Dec 2024 |
|---|---|---|---|---|
| Total Income | 141.75 | 206.70 | 189.67 | 78.62 |
| Total Expenses | 139.96 | 200.82 | 183.77 | 75.31 |
| Net Profit/Loss | 1.34 | 4.38 | 4.39 | 2.41 |
| NPM (*) | 0.98 | 2.14 | 2.36 | 3.12 |
| Total Assets | 30.82 | 50.95 | 60.34 | 62.25 |
| Total Liabilities | 25.17 | 40.41 | 41.40 | 40.92 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Dec 2024 |
|---|---|---|---|---|
| EPS | 0.94 | 3.07 | 3.07 | 1.68 |
| ROE (%) | 23.66 | 41.59 | 23.19 | 11.27 |
| ROCE (%) | 16.61 | 24.16 | 19.32 | 10.80 |
| D/E Ratio | NA | NA | NA | NA |
| Current Ratio | NA | NA | NA | NA |
| EBITDA MARGIN (%) | -1.44 | 3.25 | 3.11 | 5.64 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Shreenath Paper Products Limited | 185.85 | 14.33 | 3.07 | 23.19 | 13.20 |
| JK Paper Ltd | 5,860.02 | 6.78 | 53.27 | 19.82 | 268.74 |
| Star Paper Mills Ltd | 444.47 | 4.51 | 41.01 | 9.89 | 414.70 |
| Seshasayee Paper And Boards Limited | 1,801.56 | 6.78 | 43.06 | 14.12 | 305.24 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 0 |
| Non-Institutional Investor (NII/HNI) | 0.52 |
| Retail Individual Investor (RII) | 3.18 |
| Total | 1.85 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
Bigshare Services Private Limited
Phone: +91 22-62638200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Company Promoters
- ALOK PAREKH
- RONAK PAREKH
- NAVNEETDAS PAREKH
- HASUMATI NAVNEETDAS PAREKH
- HARISH PAREKH
- HASUMATI HARISH PAREKH
- NEHA PAREKH
- SAYALI PAREKH
Lead Managers
- GALACTICO CORPORATE SERVICES LIMITED
Company Address
Shreenath Paper Products Limited
Shop no. 5, Plot no.136, N-1, Masco Corner Api Road, Cidco, Aurangabad, Maharashtra, India, 431003
Phone: +91 0240-2489888
Email: info@shreenathpaper.com
Website: www.shreenathpaper.com
FAQs
- What is the issue size of the Shreenath Paper Products SME IPO?The Shreenath Paper Products SME IPO has an issue size of ₹23.36 crore. This includes a fresh issue of 53,10,000 shares and an offer for sale (OFS) of NIL.
- What is the price band of the Shreenath Paper Products IPO?The price band for the Shreenath Paper Products IPO is ₹44 per share.
- What are the bidding dates for the Shreenath Paper Products IPO?The Shreenath Paper Products IPO will open for bidding on 25 Feb 2025 and close on 28 Feb 2025.
- What is the allotment date for the Shreenath Paper Products IPO?The allotment date for the Shreenath Paper Products IPO is 03 Mar 2025.
- What is the minimum lot size and investment required for the Shreenath Paper Products IPO?The minimum lot size for the Shreenath Paper Products IPO is 3000 shares and the minimum investment required is ₹1,32,000.
- What is the listing date for the Shreenath Paper Products IPO?The listing date for the Shreenath Paper Products IPO is 05 Mar 2025.
- What is the Shreenath Paper Products IPO grey market premium?The grey market premium (GMP) for the Shreenath Paper Products IPO is currently at ₹5, with an expected listing gain of approximately 11.36%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.