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Subam Papers IPO IPO

Mainline30 Sep to 3 Oct, 202430 Sep to 3 Oct, 2024
Open
30 Sep to 3 Oct, 2024
Close
30 Sep to 3 Oct, 2024
3
Allotment
Listing
Tue, Oct 8, 2024
Price Band
₹144 to ₹152
Issue Size
61,64,800 shares (agg. up to ₹94 Cr)
Lot Size
800 Shares
Listing Date
Tue, Oct 8, 2024
Latest GMP
₹12
Est. Gain
7.89%
✦ AI Insight

GMP Trend

08-10-202412Est. ₹164+7.89%
07-10-202412Est. ₹164+7.89%
06-10-202424Est. ₹176+15.79%

Live Subscription

CategorySubscription (times)
Total64.87x

Restated Financials (₹ Cr.)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets460.46414.35394.18
Total Income496.97510.62332.60
Profit After Tax33.42-0.2726.00
NET Worth199.04165.62165.89
Reserves and Surplus197.41164.00164.26
Total Borrowing183.41162.83155.73
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
SPP Polymer Ltd.SME₹24.49 Cr₹5966.72₹59.85+1.44%₹13.10 (+0.00%)
Ideal Technoplast Industries Ltd.SME₹16.03 Cr₹12112.47₹138.70+14.63%₹170.00 (+3.03%)
Bulkcorp International Ltd.SME₹20.78 Cr₹10516.33₹136.50+30.00%₹55.00 (-2.14%)
Sati Poly Plast Ltd.SME₹17.36 Cr₹13014.29₹259.35+99.50%₹39.15 (+4.96%)
GSM Foils Ltd.SME₹11.01 Cr₹3220.98₹33.60+5.00%₹261.00 (-0.93%)
Purv Flexipack Ltd.SME₹40.21 Cr₹7113.17₹247.00+247.89%₹48.00 (-1.64%)
Shree Tirupati Balajee Agro Trading Co.Ltd.Mainboard₹169.65 Cr₹8315.37₹94.50+13.86%₹28.46 (-1.52%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Investment in subsidiary for financing its capital expenditure requirements75.00
2General Corporate Purposes10.25
Total85.25

About Subam Papers IPO

Incorporated in October 2006, Subam Papers Limited is a manufacturer of Kraft Paper and paper products. The company uses waste paper as a raw material. As of March 31, 2024, the installed capacity for Kraft Paper was 300 metric tons per day (MTPD), resulting in a total annual capacity of 93,600 tons. The company has the ability to manufacture and supply Kraft Paper and Duplex Boards in various shades. Their products offer GSM ranging from 120 to 300, Busting Factor of 16 to 35, and Deckle sizes from 2,000 MM to 4,400 MM, with reel diameters up to 1,400 MM. Additionally, they maintain a large raw material storage facility to ensure sufficient reserves, which enables consistent production of high-quality products for the packaging industry. The products are used in various industries such as automobiles, textiles, FMCG, food, distilleries, pharmaceuticals, electrical and electronics, and printing, where packaging is essential. The company has received the EN ISO 9001:2015 certificate for the manufacturing and marketing of packaging paper in 2023 Competitive Strength Paper waste recycle and Sustainable packaging solutions. Investment in water pumping stations and connecting pipelines,

Contact Details

Subam Papers Ltd. AddressS.F.No.143-146 VaduganpattiVillage Nadukallur to TirunelveliTirunelveli TalukTirunelveli, Tamil Nadu, 627010+91-9486303300info@subampapers.comVisit Website