
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
Overall Subscription
93.01x
Total Demand
QIB Multiplier
57.18x
Institutions & Funds
NII / HNI
243.51x
High Net-Worth
Retail (RII)
48.97x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,171,200 | 66,974,400 | 57.18x |
| NIB | 878,400 | 213,902,400 | 243.51x |
| RETAIL | 2,049,600 | 100,378,400 | 48.97x |
| Total | 4,099,200 | 381,255,200 | 93.01x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 2,697 | 132,072 | 48.97x |
| HNIs (10L +) | 17 | 4,140 | 243.51x |
| HNIs (2-10L) | 83 | 20,211 | 243.51x |
| Total Applications | 2,797 | 156,423 | 55.93x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
The latest Grey Market Premium (GMP) for Subam Papers Limited IPO is ₹12 per equity share. Based on the upper price band of ₹144 to ₹152 per equity share, the estimated listing price is ₹164 (+7.9% expected listing gain).
With a lot size of 800 shares and current GMP of ₹12, the expected profit per application lot is approx ₹9,600 (+7.9% gain). Minimum application cost is approx ₹1,21,600.
The Subam Papers Limited IPO aggregate issue size is ₹93.7 Crores with an equity price band set at ₹144 to ₹152 per equity share. The retail lot size is 800 shares requiring a minimum capital outlay of approx. ₹1,21,600.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 93.01x (Retail: 48.97x, QIB: 57.18x, NII: 243.51x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2024-10-04. Investors can verify status using PAN card or application number.
Subam Papers Limited shares are scheduled to list on BSE on 2024-10-08.