
Manufacturing · BSE
Subam Papers Limited, incorporated in October 2006, is a Kraft paper manufacturer that uses waste paper as its primary raw material. As of March 31, 2024, the company has an installed capacity of 300 MTPD, equivalent to 93,600 tons annually, producing a wide range of Kraft paper and Duplex Boards in GSM 120–300, Busting Factors 16–35, and Deckle sizes of 2,000 MM–4,400 MM with reels up to 1,400 MM in diameter. Its strong raw material storage infrastructure ensures uninterrupted production for packaging applications across automotive, textiles, FMCG, food, distilleries, pharmaceuticals, electricals, electronics, and printing industries. The company has also earned EN ISO 9001:2015 certification for its quality standards in manufacturing and marketing of packaging papers.
Price Band
₹144 – ₹152
Issue Size
₹93.70 Cr
Lot Size
800 shares
GMP
+7.9%
Est. Listing
₹164
at current GMP
Subscribed
93.01x
overall
Open
30 Sep 2024
Close
3 Oct 2024
Allotment
4 Oct 2024
Refund
5 Oct 2024
Demat Credit
6 Oct 2024
Listing
8 Oct 2024
Designated Registrar: Bigshare Services Private Limited
Allotment Date
4 Oct 2024
Basis finalization
Refunds Initiate
5 Oct 2024
Mandate release
Demat Credit
6 Oct 2024
Shares in demat
Listing Debut
8 Oct 2024
Trading begins
Subam Papers Limited is bringing an initial public offering (IPO) in the Manufacturing sector with an aggregate issue size of ₹93.7 Crores. The shares are offered at a price band of ₹144 to ₹152 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 800 shares (approx. ₹1,21,600 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 Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-10-06, while un-allotted funds or UPI block mandates will be released on 2024-10-05.
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.