
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
Overall Subscription
1.43x
Total Demand
QIB Multiplier
0.74x
Institutions & Funds
NII / HNI
2.11x
High Net-Worth
Retail (RII)
1.84x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 2,215,200 | 1,640,400 | 0.74x |
| NIB | 925,200 | 1,956,000 | 2.11x |
| RETAIL | 2,158,800 | 3,966,000 | 1.84x |
| Total | 5,299,200 | 7,562,400 | 1.43x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 3 | 0.00x |
| NIB | — | 212 | 0.00x |
| RETAIL | — | 3,305 | 0.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Currently, Nikita Papers Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹95 to ₹104 per equity share.
The retail lot size is 1200 shares requiring a minimum application amount of ₹1,24,800. Expected listing price is ₹104 per equity share.
The Nikita Papers Limited IPO aggregate issue size is ₹67.54 Crores with an equity price band set at ₹95 to ₹104 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,24,800.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 1.43x (Retail: 1.84x, QIB: 0.74x, NII: 2.11x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Skyline Financial Services Private Ltd) and the BSE status verification website on or around 2025-05-30. Investors can verify status using PAN card or application number.
Nikita Papers Limited shares are scheduled to list on NSE on 2025-06-03.