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Open
13 Jun 2025
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Close
17 Jun 2025
3
Allotment
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Listing
Fri, Jun 20, 2025
Price Band
₹91 to ₹96
Issue Size
33,00,000 shares (agg. up to ₹32 Cr)
Lot Size
1,200 Shares
Listing Date
Fri, Jun 20, 2025
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.43x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 34.90 | 32.92 | 29.62 | 27.85 |
| Total Income | 138.70 | 96.80 | 91.00 | 89.82 |
| Profit After Tax | 7.01 | 2.78 | 0.50 | 0.76 |
| EBITDA | 10.65 | 5.15 | 1.88 | 1.90 |
| NET Worth | 14.04 | 7.03 | 4.25 | 3.74 |
| Reserves and Surplus | 7.04 | 6.03 | 3.25 | 2.75 |
| Total Borrowing | 11.13 | 15.67 | 16.03 | 15.44 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Nikita Papers Ltd. | SME | ₹67.54 Cr | ₹104 | 11.39 | ₹90.45 | -13.03% | ₹78.00 (-1.39%) |
| Spinaroo Commercial Ltd. | SME | ₹10.17 Cr | ₹51 | 18.21 | ₹54.44 | +6.75% | ₹56.78 (-4.99%) |
| Three M Paper Boards Ltd. | SME | ₹39.83 Cr | ₹69 | 8.19 | ₹79.80 | +15.65% | ₹24.50 (+0.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital Expenditure | 4.28 |
| 2 | Incremental Working capital requirements | 15.50 |
| 3 | General Corporate Purposes | 7.92 |
| 4 | Issue expenses | 3.98 |
| Total | 31.68 |
About Aten Papers IPO
Incorporated in 2019, Aten Papers & Foam Limited is operates as a key intermediary in the paper product supply chain. The company sources paper from various mills and supplies it to clients in the packaging industry. The company offers Kraft paper, duplex boards, and other products in various grades, thicknesses, and sizes, while also purchasing and selling wastepaper to paper mills as a crucial raw material. Products: Kraft Paper: The company sells recycled Kraft paper for packaging, primarily to Gujarat-based customers with varying credit periods. Absorbent Kraft Paper: The company sells absorbent Kraft paper, recycled by mills, used in interior décor and furniture. Paper Bag Kraft Paper: The company produces durable, eco-friendly Kraft paper bags for packaging groceries, medical items, and more. Tube Kraft Paper: The company uses materials like wood pulp, kraft paper, and cardboard to manufacture tubes based on application. As on November 30th, 2024, the company had 14 employees. Competitive Strengths: Experienced Senior Management Team Variety of Products High Credibility with the Banker and existing lines of Credit since 2019 In-house Logistics Ready Stock + Read More
Contact Details
Aten Papers & Foam Ltd. AddressBlock-A, 102/AF.F, Tirmizi Heights, Opp Bombay Housing ColonyNear Kirtikunj SocietyAhmedabad, Gujarat, 380028+91-9537861212cs@atenpapers.comVisit Website