
Materials / Industrial Goods · NSE
Established in 1989, Nikita Papers Limited specializes in producing various grades of paper for industrial, commercial, and printing uses. The company focuses on eco-friendly production methods, often using recyclable materials. With a strong distribution network, Nikita Papers serves both domestic and international markets, prioritizing quality and consistency. It also operates in related areas such as packaging, tissue paper, and specialty paper products. One of its main products is Kraft Paper, a durable and breathable material ranging from 70 to 200 GSM, used for wrapping, bags, cushioning, and other eco-friendly applications. As of March 31, 2024, the company employs 201 people.
Price Band
₹95 – ₹104
Issue Size
₹67.54 Cr
Lot Size
1200 shares
GMP
Est. Listing
₹104
at current GMP
Subscribed
1.43x
overall
Open
27 May 2025
Close
29 May 2025
Allotment
30 May 2025
Refund
31 May 2025
Demat Credit
1 Jun 2025
Listing
3 Jun 2025
Designated Registrar: Skyline Financial Services Private Ltd
Allotment Date
30 May 2025
Basis finalization
Refunds Initiate
31 May 2025
Mandate release
Demat Credit
1 Jun 2025
Shares in demat
Listing Debut
3 Jun 2025
Trading begins
Nikita Papers Limited is bringing an initial public offering (IPO) in the Materials / Industrial Goods sector with an aggregate issue size of ₹67.54 Crores. The shares are offered at a price band of ₹95 to ₹104 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,24,800 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Skyline Financial Services Private Ltd. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-06-01, while un-allotted funds or UPI block mandates will be released on 2025-05-31.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.