Subam Papers IPO description – Subam Papers is involved in the manufacturing of Kraft paper and paper products, positioning itself as a packaging solution provider. Unlike traditional paper manufacturers, the company does not use wood pulp for production. Instead, it utilizes waste paper as the primary raw material. The company’s products are widely used in industries such as automobiles, textiles, FMCG, food, distilleries, pharmaceuticals, electrical and electronics, and printing, where packaging plays a vital role.
The company is capable of manufacturing and supplying Kraft Paper and Duplex Boards in various shades. Their products feature a GSM range from 120 to 300, a Bursting Factor of 16 to 35, and Deckle sizes ranging from 2,000 MM to 4,400 MM, with reel diameters up to 1,400 MM. They also maintain a large raw material storage facility, ensuring ample reserves for consistent production of high-quality packaging products. As of September 2024, the company employed 500 permanent staff members.
In FY 2024, the installed capacity for Kraft Paper was 300 metric tons per day (MTPD), amounting to an annual capacity of 93,600 tons. The utilization of this capacity during the year reached 93,081 tons. In comparison, the utilization for the financial years ending on March 31, 2023, and March 31, 2022, was 83,691 tons and 82,371 tons, respectively.
Promoters of Subam Papers – Mr. T Balakumar, and Ms. Sudha Alagarsamy
Table of Contents
Subam Papers IPO Details
| Subam Papers IPO Dates | 30 Sep – 3 Oct 2024 |
| Subam Papers Issue Price | INR 144 – 152 per share |
| Fresh issue | 61,64,800 shares (INR 88.77 – 93.70 crore) |
| Offer For Sale | NIL |
| Total IPO size | 61,64,800 shares (INR 88.77 – 93.70 crore) |
| Minimum bid (lot size) | 800 shares (INR 1,21,600) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | BSE SME |
Subam Papers Financial Performance
| Â | FY 2022 | FY 2023 | FY 2024 |
| Revenue | 329.27 | 508.30 | 493.86 |
| Expenses | 297.92 | 505.66 | 451.17 |
| Net income | 26.00 | (0.27) | 33.42 |
Subam Papers Offer News
- Subam Papers RHP
- Subam Papers Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Subam Papers Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 15.98 | (0.16) | 20.53 |
| PE ratio | – | – | 7.01 – 7.40 |
| RONW (%) | 15.67 | (0.16) | 16.79 |
| NAV | 101.92 | 101.75 | 122.29 |
| ROCE (%) | 12.82 | 5.88 | 20.84 |
| EBITDA (%) | 12.37 | 6.19 | 14.72 |
| Debt/Equity | 0.94 | 0.98 | 0.92 |
Subam Papers IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 7 October 2024 | 26 | – | 15,000 |
| 5 October 2024 | 27 | – | 15,500 |
| 4 October 2024 | 25 | – | 14,700 |
| 3 October 2024 | 50 | – | 32,000 |
| 2 October 2024 | 50 | – | 32,000 |
| 1 October 2024 | 50 | – | 32,000 |
| 30 September 2024 | 35 | – | 22,000 |
Subam Papers IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 11,71,200 | 8,78,400 | 20,49,600 | 40,99,200 |
| 3 Oct 2024 | 57.18 | 243.51 | 48.95 | 93.00 |
| 1 Oct 2024 | 0.00 | 4.58 | 6.77 | 4.37 |
| 30 Sep 2024 | 0.00 | 0.44 | 0.75 | 0.47 |
The market maker reservation portion of 3,08,800 shares and anchor allocation of 17,56,800 shares are not included in the above calculations.
Subam Papers IPO Allotment Status
Subam Papers IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Subam Papers IPO Dates & Listing Performance
| IPO Opening Date | 30 September 2024 |
| IPO Closing Date | 3 October 2024 |
| Finalization of Basis of Allotment | 4 October 2024 |
| Initiation of refunds | 7 October 2024 |
| Transfer of shares to demat accounts | 7 October 2024 |
| IPO Listing Date | 8 October 2024 |
| Opening Price on BSE SME | INR 142 per share (down 6.58%) |
| Closing Price on BSE SME | INR 149.10 per share (down 1.91%) |
Subam Papers Offer Lead Manager
GRETEX CORPORATE SERVICES LIMITED
A- 401, Floor 4th, Plot FP-616, (PT), Naman Midtown,
Senapati Bapat Marg, Near Indiabulls, Dadar (W),
Delisle Road, Mumbai – 400013, Maharashtra, India
Phone: +91 96532 49863
Email:Â [email protected]
Website:Â www.gretexcorporate.com
Subam Papers Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone:Â +91 22 6263 8200
Email:Â Â [email protected]
Website:Â www.bigshareonline.com
Subam Papers Issue Contact Details
SUBAM PAPERS LIMITED
S.F.No.143-146 Vaduganpatti Village
Nadukallur to Tirunelveli, Tirunelveli,
Tirunelveli Taluk- 627010, Tamil Nadu, India
Phone: +91 94863 03300
E-mail: [email protected]
Website: www.subampapers.com
IPO FAQs
What is Subam Papers offer size?
Subam Papers offer size is INR 88.77 – 93.70 crores.
What is Subam Papers offer price band?
Subam Papers public offer price is INR 144 – 152 per share.
What is the lot size of Subam Papers IPO?
Subam Papers offer lot size is 800 shares.
What is Subam Papers IPO GMP today?
Subam Papers IPO GMP today is INR 26 per share.
What is Subam Papers kostak rate today?
Subam Papers kostak rate today is INR NA per application.
What is Subam Papers IPO Subject to Sauda rate today?
Subam Papers’s Subject to Sauda rate today is INR 15,000 per application.
