Subam Papers IPO Details
| IPO Issue Open Date: | 30 September 2024 |
| IPO Issue Close Date: | 3 October 2024 |
| IPO Issue Price Band: | ₹144 to ₹152 Per Share |
| Face Value: | ₹10 Per Equity Share |
| IPO Issue Size: | ₹93.70 Crores | 6,164,800 shares |
| Fresh Issue: | ₹93.70 Crores | 6,164,800 shares |
| Offer for Sale: | ₹[.] Crores |
| Issue Type: | Book Built Issue |
| IPO Listing At: | NSE |
| IPO Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| Employee Discount: | ₹[.] per share |
Subam Papers IPO Prospectus:
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Subam Papers IPO Dates Timeline
| Issue Open Date: | 30 September 2024 |
| Issue Close Date: | 1 October 2024 |
| Basis of Allotment Date: | 4 October 2024 |
| Refunds Initiation: | 7 October 2024 |
| Shares Credit in Demat: | 7 October 2024 |
| IPO Listing Date Detail: | 8 October 2024 |
Subam Papers IPO Market Lot
| Application | Lot Size, Shares and Price Details |
| Retail (Min) | 1 lots and 800 shares = ₹121,600 |
| Retail (Max) | 1 lots and 800 shares = ₹121,600 |
| HNI (Min) | 2 lots and 1600 shares = ₹243,200 |
| B-HNI Minimum | – |
Subam Papers IPO GMP*
| GMP Date | GMP Today | Subject to Sauda | Kostak | Expected Gain |
| Today | ₹25 | ₹15000 | ₹- | 16% |
| 7th Oct | ₹- | ₹- | ₹- | ₹- |
About Subam Papers
They are a company engaged in the manufacturing of Kraft Paper and Paper Products. They proudly call theirselves as a packaging solution providing company. Subam started its jtheirney in the year 2004 with manufacturing of paper cones and later expanded the product base by adding Duplex board and Kraft paper in its portfolio. Their company is not like the traditional paper manufactures, they do not manufacture their products from wood pulp but instead they use waste paper as their raw material. They aim to preserve mother nature and tend to drive their company on the principle of recycling. Their company leverages wastepaper as the primary raw material in the production of Kraft Paper and Duplex Board.
Their company has a land bank of 400 acres. They have also received permission from Government of Tamil Nadu to withdraw 2.7 million liters of water daily and for the electricity they have internal generation and rest is taken from the Government. With such huge land bank and with all permission of utilities and large capacity, they have an edge in whole of India for kraft paper and paper products manufacturing.
Subam Papers IPO Strengths
- Wide Product Range: The company produces both duplex and kraft paper, offering a diverse range of products to cater to various customer needs and industry requirements
- Cost Efficiency: Efficient manufacturing processes and economies of scale allow the company to produce paper at competitive prices, enhancing its cost advantage in the market.
- Strong Distribution Network: The company has established a distribution network across South India, ensuring widespread availability of its products and efficient supply chain management.
- Quality Assurance: The company maintains high-quality standards in its paper production, adhering to industry regulations and certifications, which enhances customer trust and loyalty.
Objects of the IPO Issue
- Investment in a Subsidiary for Financing its Capital Expenditure requirements
- General Corporate Purposes
Subam Papers Company Financial Report
The company reported revenue of ₹496.97 crores in 2024 against ₹510.62 crores in 2023. The company reported a profit of ₹33.42 crores in 2024 against a loss of ₹0.27 crores in 2023.
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹332.60 | ₹297.92 | ₹26.00 | ₹394.18 |
| 2023 | ₹510.62 | ₹505.66 | ₹0.27 | ₹414.35 |
| 2024 | ₹496.97 | ₹415.17 | ₹33.42 | ₹460.46 |
Subam Papers IPO Valuation – Key Performance Indicator
Check Subam Papers IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 16.79% |
| ROCE: | 20.84% |
| EBITDA Margin: | 14.72% |
| PAT Margin: | 6.77% |
| Debt to equity ratio: | 0.92 |
| Earning Per Share (EPS): | ₹205.31(Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 16.79% |
| Net Asset Value (NAV): | ₹122.29 |
Peer Group Comparison
The below peer comparison table’s data are showing as per the DRHP and RHP.
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Pakka Limited | 11.21 | 22.36 | 17.25% | 64.36 | 404.00 Cr. |
| Shree Ajit Pulp And Paper Limited | 14.18 | 16.35 | 3.35% | 302.68 | 294.51 Cr. |
Subam Papers IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: investor@bigshareonline.com
Website: http://www.subampapers.com/
Subam Papers IPO Lead Manager
- Gretex Corporate Services Limited
Subam Papers IPO allotment status check on Link Intime website. Click on Bigshare Services Pvt Ltd to get allotment status.
Promoters of Subam Papers
- Mr. T Balakumar
- Ms. Sudha Alagarsamy
Company Address
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/