Aten Papers IPO description – Aten Papers operates as an important intermediary in the paper product supply chain. The company sources paper from various mills and resells it to clients in the packaging industry. It offers a wide selection of kraft paper, including absorbent kraft, tube kraft, and kraft paper for bags, available in various grades, thicknesses, widths, and standards. Additionally, Aten Papers purchases wastepaper from the stockiest and supplies it to mills.
Most of the company’s paper is used in packaging industries across Gujarat. Aten Papers, headquartered in Ahmedabad, plans to establish three processing units. The first unit, Changodar, Ahmedabad, is currently used as a warehouse. The second unit is proposed to be set up in Sanand, Ahmedabad, and the third in Narol, Ahmedabad. All units will focus on processing wastepaper for use in various paper mills.
As of 30 November 2024, the company employs 14 workers, including labor staff.
Promoters of Aten Papers – Mr. Mohamedarif Mohamedibrahim Lakhani, and Mrs. Amrin Lakhani
Table of Contents
Aten Papers IPO Details
| Aten Papers IPO Dates | 28 March – 2 April 2025 |
| Aten Papers Issue Price | INR 91 – 96 per share |
| Fresh issue | 33,00,000 shares (INR 30.03 – 31.68 crore) |
| Offer For Sale | NIL |
| Total IPO size | 33,00,000 shares (INR 30.03 – 31.68 crore) |
| Minimum bid (lot size) | 1,200 shares (INR 1,15,200) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | BSE SME |
Aten Papers Financial Performance
| FY 2022 | FY 2023 | FY 2024 | H1 FY 2025 | |
| Revenue | 89.82 | 91.00 | 96.80 | 58.17 |
| Expenses | 88.77 | 90.31 | 93.08 | 53.08 |
| Net income | 0.76 | 0.50 | 2.78 | 3.82 |
Aten Papers Offer News
- Aten Papers RHP
- Aten Papers Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Aten Papers Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 1.09 | 0.72 | 3.97 |
| PE ratio | – | – | 22.92 – 24.18 |
| RONW (%) | 20.41 | 11.84 | 39.55 |
| NAV | 5.34 | 6.07 | 10.05 |
| ROCE (%) | 4.57 | 8.71 | 23.26 |
| EBITDA (%) | 2.12 | 2.06 | 5.32 |
| Debt/Equity | 4.13 | 3.78 | 2.23 |
Aten Papers IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| Coming soon | – | – | – |
Aten Papers IPO Subscription – Live Updates
The market maker reservation portion of shares is not included in the above calculations.
Aten Papers IPO Allotment Status
Aten Papers IPO allotment status will be available on Skyline Financial Services’ website. Click on this link to get allotment status.
Aten Papers IPO Dates & Listing Performance
| IPO Opening Date | 28 March 2025 |
| IPO Closing Date | 2 April 2025 |
| Finalization of Basis of Allotment | 3 April 2025 |
| Initiation of refunds | 4 April 2025 |
| Transfer of shares to demat accounts | 4 April 2025 |
| IPO Listing Date | 7 April 2025 |
| Opening Price on BSE SME | Coming soon |
| Closing Price on BSE SME | Coming soon |
Aten Papers Offer Lead Manager
SWASTIKA INVESTMART LIMITED
Flat No18, 2nd Floor, North Wing,
Madhaveshwar Coop Hsg Society Ltd, Madhav Nagar,
11/12 SV Road, Andheri West Mumbai – 400058
Phone: +91-22-26254568-69 / 0731-6644244
Email: merchantbanking@swastika.co.in
Website: www.swastika.co.in
Aten Papers Offer Registrar
SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
D-153 A, 1st Floor, Okhla Industrial Area,
Phase – I, New Delhi-110020
Phone: +91-11-40450193-197
Email: ipo@skylinerta.com
Website: www.skylinerta.com
Aten Papers Issue Contact Details
ATEN PAPERS & FOAM LIMITED
Block-A, 102/A, F. F, Tirmizi Heights, Opp Bombay
Housing Colony, Near Kirtikunj Society,
Ahmedabad 380028, Gujarat, India
Phone: +91-9537861212
E-mail: cs@atenpapers.com
Website: www.atenpapers.com
IPO FAQs
What is Aten Papers offer size?
Aten Papers offer size is INR 30.03 – 31.68 crores.
What is Aten Papers offer price band?
Aten Papers public offer price is INR 91 – 96 per share.
What is the lot size of Aten Papers IPO?
Aten Papers offer lot size is 1,200 shares.
What is Aten Papers IPO GMP today?
Aten Papers IPO GMP today is INR NA per share.
What is Aten Papers kostak rate today?
Aten Papers kostak rate today is INR NA per application.
What is Aten Papers Subject to Sauda rate today?
Aten Papers’s Subject to Sauda rate today is INR NA per application.