Subam Papers Limited
IPO Details
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Company Fin.
₹12(7.89%)
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Following its successful public offering, Subam Papers Limited's made its market debut on Oct 08, 2024 and is now actively traded on the BSEplatform. The IPO mobilized 61,64,800 Shares in total capital, including 61,64,800 Shares in primary equity infusion.
The offering was structured with a price band of ₹144 to ₹152 and minimum investment lots of 800 shares. Investor participation during the subscription window from Sep 30, 2024 to Oct 03, 2024 demonstrated market confidence in the company's prospects.
The allotment process concluded on Oct 04, 2024, allocating shares to successful bidders. The listing represents the culmination of the IPO process, transitioning the company to publicly traded status with enhanced transparency and governance standards.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Subam Papers Limited, incorporated in October 2006, is a Kraft paper manufacturer that uses waste paper as its primary raw material. As of March 31, 2024, the company has an installed capacity of 300 MTPD, equivalent to 93,600 tons annually, producing a wide range of Kraft paper and Duplex Boards in GSM 120–300, Busting Factors 16–35, and Deckle sizes of 2,000 MM–4,400 MM with reels up to 1,400 MM in diameter. Its strong raw material storage infrastructure ensures uninterrupted production for packaging applications across automotive, textiles, FMCG, food, distilleries, pharmaceuticals, electricals, electronics, and printing industries. The company has also earned EN ISO 9001:2015 certification for its quality standards in manufacturing and marketing of packaging papers.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Eco-Friendly Approach: By recycling paper waste and offering sustainable packaging solutions, the company promotes environmental responsibility and attracts businesses that prioritize sustainability.
- Smart Water Management: Investments in water pumping stations and pipelines from the Thamirabarani River ensure a steady water supply, improving production efficiency.
- Tech-Driven Operations: Advanced ERP technology helps track inventory accurately, streamline operations, and minimize waste, making the business more efficient.
- Legal Challenges: Ongoing lawsuits could result in negative outcomes, affecting the company’s reputation, operations, and overall business performance.
- Raw Material Supply Risks: The company depends on a steady supply of waste paper for production. Any disruptions could impact productivity and profitability.
- GST Issues: Notices from the GST Department about discrepancies may lead to financial penalties, potentially affecting the company’s finances and reputation.
- Mr. T Balakumar
- Ms. Sudha Alagarsamy
Subam Papers Limited
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