Subam Papers Limited

Company Profile
Company Name Subam Papers Limited
Open Date 30-09-2024
Close Date 03-10-2024
Exchange BSE SME
Lot Size 800 Shares
Issue Price ₹144 to ₹152 per share
Issue Size 6,164,800 shares
Application Amount ₹121,600 (800 shares)
Recommendation Apply
Established in 2004 the company has their registered office in Tirunelveli, Tamilnadu, India. Business Activity: Subam Papers Limited is a manufacturer of recycled paper and paper products in India. The company specializes in kraft paper and duplex board, serving various industries such as packaging, FMCG, and pharmaceuticals. Revenue Streams: The company’s revenue is primarily concentrated in domestic market forming 93.78% of total revenue. Tamil Nadu, Kerala, and Karnataka are the top three states contributing to Subam Papers Limited's domestic revenue in FY 2023-24, accounting for 88.63%, 5.22%, and 2.61% respectively. Of the 6.22% of foreign sales in FY24, 92.08% is generated from China. Subam Papers Limited manufactures Kraft Paper (main product), Cone Board, Duplex Board and Corrugated Boxes with its subsidiary Subam Paper and Boards Private Limited Manufacturing Paper Cone, Paper Cone and Tube as well as Paper Board. As of September 2024, the company had 500 permanent employees on its payroll.
(Read more on the review)

Financial Summary in Lakhs

For the Period Ended Mar-22 Mar-23 Mar-24
Revenue 32,927.45 50,829.89 49,386.46
EBITDA 4,071.90 3,148.87 7,272.09
Net Profit 2,496.85 -68.34 3,302.68
RoCE 12.67% 5.72% 19.99%
ROE 15.05% -0.41% 16.59%
P/E 9.51 - 7.40

Tentative Timeline

Opening Date 30-09-2024
Closing Date 03-10-2024
Basis of Allotment 04-10-2024
Initiation of Refunds 07-10-2024
Credit of Shares to Demat 07-10-2024
Listing Date 08-10-2024

Objects of the Issue

Investment in a Subsidiary for Financing its Capital Expenditure requirements
General Corporate Expenses

Contact Information

Registered Office Subam Papers Limited S.F.No.143-146 Vaduganpatti Village Nadukallur to Tirunelveli, Tirunelveli, Tirunelveli Taluk- 627010
Phone +91-9486303300
Email info@subampapers.com
Website http://www.subampapers.com/

Registrar Details

Name Bigshare Services Pvt Ltd
Phone +91-22-6263 8200
Email ipo@bigshareonline.com
Website https://ipo.bigshareonline.com/ipo_status.html

IPO Reservation

Anchor Investor Shares Offered 17,56,800 (28.5%)
Market Maker Shares Offered 3,08,800 (5.01%)
QIB Shares Offered 11,71,200 (19%)
NII (HNI) Shares Offered 8,78,400 (14.25%)
Retail Shares Offered 20,49,600 (33.25%)

Shareholding Pattern

Shareholding Pre Issue (Promoters) 99.97%
Shareholding Post Issue (Promoters) 64.97%

Contact Us to Enable Your Success!