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Subam Papers IPO: Things Smart Investors Need to Know

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Subam Papers Limited is a well-established name in the Indian paper industry, incorporated in 2004. The company specializes in manufacturing various types of paper products, including writing, printing, and industrial paper. With a solid reputation for sustainable and eco-friendly practices, Subam Papers has created a niche in the market by addressing the growing demand for environmentally responsible paper products.

Overview of the Company
Subam Papers has consistently focused on innovation and sustainability, giving the company a competitive advantage in the paper industry. The firm has an expansive production capacity and a strong market position, catering to diverse customer needs across various sectors.

Subam Papers IPO Details and Objectives

Particulars

Details

IPO Opening Date

September 30, 2024

IPO Closing Date

October 03, 2024

Face Value

₹10 per equity share

Price Band

₹144 to ₹152 per equity share

Minimum Lot Size

800 shares

Issue Size

61,64,800 equity shares

Listing on

SME Platform of BSE Limited

Purpose of the IPO

The Subam Papers IPO aims to raise funds to:

  • Expand production capacity for meeting growing demand.
  • Repay certain borrowings, enhancing financial health.
  • Upgrade existing facilities for better operational efficiency.

Timeline of Subam Papers IPO

Event

Date

IPO Open Date

Monday, September 30, 2024

IPO Close Date

Thursday, October 3, 2024

Basis of Allotment Finalization

Friday, October 4, 2024

Initiation of Refunds

Monday, October 7, 2024

Credit of Shares to Demat Accounts

Monday, October 7, 2024

Listing Date

Tuesday, October 8, 2024

Cut-off Time for UPI Mandate Confirmation

5 PM on October 3, 2024

Pricing and Lot Size of Subam Papers IPO

Price Band for the IPO:

  • The price band for the Subam Papers IPO is set between ₹144 and ₹152 per equity share. Investors can place their bids within this range based on their investment preferences and market sentiment.

Minimum Lot Size and Application Details:

  • Investors must bid for a minimum of 800 shares, with subsequent bids made in multiples of 800 shares.
  • The minimum investment for retail investors is ₹121,600, based on the lower end of the price band.
  • High Net Worth Individuals (HNI) can apply for a minimum of 1,600 shares, with an investment starting at ₹243,200.

How to Apply for the Subam Papers IPO?

Online Application Process

  • Step 1: Log in to your Demat account via Bajaj Broking.
  • Step 2: Choose "Subam Papers IPO" from the list of available IPOs.
  • Step 3: Enter the number of shares and bid price within the price band.
  • Step 4: Confirm your bid and authorize the ASBA (Application Supported by Blocked Amount).
  • Step 5: Apply and track its status on your broker's platform.

Financial Health and Performance

Key Financial Metrics:

  • Subam Papers Limited's total assets increased to ₹46,046.1 Lakhs as of March 31, 2024, from ₹41,434.65 Lakhs in 2023.
  • The company's revenue slightly decreased by 3% between FY 2023 and FY 2024, going from ₹51,062.36 Lakhs to ₹49,697.31 Lakhs.
  • However, Profit After Tax (PAT) showed a significant rise, increasing by an astounding 12,574%, reaching ₹3,341.8 Lakhs in 2024 from a loss of ₹26.79 Lakhs in 2023.
  • The company's net worth rose from ₹16,562.32 Lakhs in 2023 to ₹19,904.12 Lakhs in 2024, showcasing a stronger financial position.

Recent Performance and Growth Prospects:

  • Despite a slight decline in revenue, Subam Papers' profitability has surged due to efficient cost management and strategic initiatives.
  • The company's increased assets and reduced liabilities show improving financial health, positioning it for further growth.
  • With the boost in its reserves and surplus, Subam Papers is well-equipped for future expansion, making it a promising investment opportunity in the paper industry.

Investment Risks and Opportunities

Potential Risks

  • Raw material price fluctuations: This could impact margins and profitability.
  • Regulatory changes: Paper industry regulations can affect future performance.

Opportunities and Growth Potential

  • Increased demand for eco-friendly paper products: The market is moving towards sustainability, offering growth prospects.
  • Capacity expansion: The company is well-positioned to scale up and capture more market share.

Key Performance Indicator (KPI)

Below are the key performance indicators for Subam Papers IPO as of March 31, 2024:

KPI

Values

Market Capitalization

₹353.32 Cr

Return on Equity (ROE)

16.79%

Return on Capital Employed (ROCE)

20.84%

Debt to Equity Ratio

0.92

Return on Net Worth (RoNW)

16.79%

Price to Book Value (P/BV)

1.24

Profit After Tax (PAT) Margin

6.77%

Subam Papers IPO Registrar

Registrar

Bigshare Services Private Limited

Contact Person

Mr. Ganesh Shinde

Email

ipo@bigshareonline.com

Phone

+91 22 6263 8200

Subam Papers IPO Lead Managers

Lead Manager

Gretex Corporate Services Limited

Contact Person

Ms. Neha Maiyan / Ms. Rashmi Ranjan

Email

info@gretexgroup.com

Phone

+91 96532 49863

Conclusion

Subam Papers IPO offers an opportunity for investors who are looking to invest in a company with a strong focus on sustainability and growth. While the company has growth potential, investors should also weigh the risks associated with fluctuating raw material prices and regulatory uncertainties in the paper industry.

Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.

This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.

For All Disclaimers Click Here: https://bit.ly/3Tcsfuc

Frequently Asked Questions

1. What is the Subam Papers IPO date & price?

Answer Field

The Subam Papers IPO opens on September 30, 2024, and closes on October 3, 2024. The price band is set between ₹144 to ₹152 per share.

2. What is the Subam Papers IPO and why is it significant?

Answer Field

The Subam Papers IPO is a ₹93.70 crore book-built issue consisting of 61.65 lakh fresh shares. It presents an opportunity for investors to support a company with growth potential in the eco-friendly paper sector.

3. What is the price band for the Subam Papers IPO, and how was it determined?

Answer Field

The price band for the Subam Papers IPO is ₹144 to ₹152 per share, determined based on the company's financial performance and market demand.

5. What are the key risks and rewards of investing in the Subam Papers Ltd IPO?

Answer Field

Key risks include fluctuations in raw material prices, while rewards involve growth opportunities from the increasing demand for sustainable paper products.

6. When will the Subam Papers IPO shares be listed?

Answer Field

The shares of Subam Papers IPO will be listed on the BSE SME platform, with a tentative listing date of October 8, 2024.

7. What documents should I review before investing in the Subam Papers IPO?

Answer Field

Before investing, it’s essential to review the Red Herring Prospectus (RHP), financial reports, and risk factors associated with the Subam Papers IPO.

8. Will Subam Papers IPO pay dividends?

Answer Field

The company's decision on dividends will be based on future profitability and will be determined by the board post-IPO.

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