Subam Papers SME IPO Details, Financials, Valuation & Peers

By IPOBaseLast Updated on

Explore Subam Papers IPO details, including IPO dates, financial statements, valuation, peer comparison and more.

Image
Status
Listed
Biding Dates
30 Sep - 03 Oct 2024
Price Range
₹144 - ₹152
Issue Size
₹93.70 crore
Listed Price
₹142-6.58%

Overview

Subam Papers Limited is a leading manufacturer of Kraft Paper and Duplex Board, offering eco-friendly packaging solutions since its inception in 2004. The company began its journey producing paper cones and gradually expanded its product portfolio to include Kraft paper and Duplex board. Uniquely positioned in the market, Subam Papers uses 100% recycled wastepaper as the primary raw material, aligning with its strong commitment to environmental sustainability. To further minimize its carbon footprint, Subam Papers operates renewable energy installations, including two windmills with a combined capacity of 1.7 MW and a 14 MW solar plant. The company has developed innovative techniques to produce odorless Kraft paper, making it popular among food packaging companies. The company’s ongoing capacity expansion will boost its production capabilities to over 1,000 metric tons per day by FY 2024-2025, further strengthening its market position.

Key Points:

  • Product Range: Offers a variety of customized packaging solutions including Kraft paper, Duplex board, paper cones, and tubes, catering to different industrial needs.
  • Sustainable Practices: Focuses on recycling waste paper instead of wood pulp to manufacture Kraft paper and Duplex board, significantly minimizing environmental impact.
  • Renewable Energy Investments: Operates a 14 MW solar power plant and two windmills with a total capacity of 1.7 MW, promoting eco-friendly manufacturing processes.
  • Capacity: Currently, Kraft paper production capacity stands at 300 MTPD and Duplex board at 140 MTPD, with plans to exceed 1,000 MTPD by FY 2024-2025.
  • Location: Located in Tirunelveli, Tamil Nadu, near the Tuticorin harbor, enhancing logistics and distribution capabilities.
  • Growth Plans: Expansion through the wholly-owned subsidiary Subam Paper and Boards Private Limited (SPBPL) to enhance market share and take advantage of favorable tax incentives for new manufacturing companies.

IPO Docs

Objects of the Issue

  • Investment in Subsidiary for Financing its Capital Expenditure requirements
  • General Corporate Purposes

IPO Details

Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.

FieldsDetails
IPO Dates30 Sep - 03 Oct 2024
IPO Price Band₹144 - ₹152 per share
Fresh Issue61,64,800 shares
Offer For SaleNIL
Total IPO Size₹93.70 crore
Face Value₹10
Listing OnBSE

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.

EventDate
IPO Opening Date30 Sep 2024
IPO Closing Date03 Oct 2024
Basis Of Allotment04 Oct 2024
Refunds07 Oct 2024
Demat Transfer07 Oct 2024
IPO Listing Date08 Oct 2024

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 Ended31st March 202231st March 202331st March 2024
Total Income332.60510.62496.97
Total Expenses297.92505.66451.17
Net Profit/Loss26.00-0.2733.42
NPM (*)7.90-0.056.77
Total Assets394.18414.35460.46
Total Liabilities228.28248.71261.41

* 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 Ended31st March 202231st March 202331st March 2024
EPS15.98-0.1620.53
ROE (%)15.67-0.1616.79
ROCE (%)12.825.8820.84
D/E Ratio0.940.980.92
Current Ratio1.511.231.21
EBITDA MARGIN (%)12.376.1914.72

* 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.

NameRevenueP/EEPSRoNWNAV
Subam Papers Limited493.867.4020.5316.79122.29
Pakka Limited404.0022.3611.2117.2564.36
Shree Ajit Pulp And Paper Limited294.5116.3514.183.35302.68

* 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 TypeSubscribed
Qualified Institutional Buyer (QIB)57.18
Non-Institutional Investor (NII/HNI)243.16
Retail Individual Investor (RII)48.97
Total92.93

* 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

  • MR. T BALAKUMAR
  • MS. SUDHA ALAGARSAMY

Lead Managers

  • GRETEX CORPORATE SERVICES LIMITED

Company Address

Subam Papers Limited

S.F.No.143-146 Vaduganpatti Village Nadukallur to Tirunelveli, Tirunelveli, Tirunelveli Taluk- 627010, Tamil Nadu, India.

Phone: +91-9486303300

Email: info@subampapers.com

Website: www.subampapers.com

FAQs

  • What is the issue size of the Subam Papers SME IPO?
    The Subam Papers SME IPO has an issue size of ₹93.70 crore. This includes a fresh issue of 61,64,800 shares and an offer for sale (OFS) of NIL.
  • What is the price band of the Subam Papers IPO?
    The price band for the Subam Papers IPO is ₹144 - ₹152 per share.
  • What are the bidding dates for the Subam Papers IPO?
    The Subam Papers IPO will open for bidding on 30 Sep 2024 and close on 03 Oct 2024.
  • What is the allotment date for the Subam Papers IPO?
    The allotment date for the Subam Papers IPO is 04 Oct 2024.
  • What is the listing date for the Subam Papers IPO?
    The listing date for the Subam Papers IPO is 08 Oct 2024.
  • What is the Subam Papers IPO grey market premium?
    The grey market premium (GMP) for the Subam Papers IPO is currently at ₹12, with an expected listing gain of approximately 7.89%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.

Discussion (0)