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Subam Papers Ltd. IPO
Subam Papers Ltd., established in 2004, operates in the Paper & Paper Products sector. The company's IPO opened on September 30, 2024 and closed on October 3, 2024, with an issue price of ₹152. The ... Read more
IPO Timeline
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30 Sep 2024Bidding Starts
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3 Oct 2024Bidding Ends
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4 Oct 2024Allotment Finalization
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8 Oct 2024Listing
About Subam Papers Ltd.
We are a company engaged in the manufacturing of Kraft Paper and Paper Products. We proudly call ourselves as a packaging solution providing company. Subam started its journey in the year 2004 with manufacturing of paper cones and later expanded the product base by adding Duplex board and Kraft ... Read more
Subam Papers Ltd. IPO Reservation
| Investors Category | Shares Offered |
|---|---|
| Anchor Investors | 17,56,800 (28.5%) |
| Market Makers | 3,08,800 (5.01%) |
| Non Institutional Investors | 8,78,400 (14.25%) |
| Qualified Institutional Buyers (QIBs) | 11,71,200 (19%) |
| Retail Individual Investors (RIIs) | 20,49,600 (33.25%) |
Subam Papers Ltd. Financial Information
| Year End | Revenue | PAT | Reserves & Surplus |
|---|---|---|---|
| 31 Mar 2024 | 453.37 Cr | 32.98 Cr | 190.73 Cr |
| 31 Mar 2023 | 452.24 Cr | 94.46 Lakh | 157.75 Cr |
| 31 Mar 2022 | 323.22 Cr | 24.22 Cr | 156.80 Cr |
Subam Papers Ltd. Background
Our Company was originally incorporated on October 06, 2004, as a Private Limited Company in the name of “Subam Papers Private Limited” under the provisions of the Companies Act, 1956 with the Registrar of Companies, Tamil Nadu. Subsequently pursuant to a Special Resolution of our ...
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2004Incorporation of the Company
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2005Started its First Commercial Operation
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2010Installed Renewable Energy Windmill of capacity of 1.7 MW
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2019Received an award for excellence in Traffic Performance by V.O. Chidambaranar Port Trust, Tuticorin for importing highest number of TEUs as Consignee for year 2018-19
Received FSC Certification from TÜV SÜV Czech, Accredited Certification Body
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2021Acquired a controlling shareholding in ‘Subam Paper & Boards Private Limited’, establishing it as our Subsidiary
Commissioned paper products division of our subsidiary ‘Subam Paper & Boards Private Limited’
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2022Commissioned Solar Power Plant of 10 MW
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2023Installed odour and fungus free paper plant
Received EN ISO 9001:2015 certificate for manufacturing and marketing of packaging paper
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2024Commissioned another Solar Power Plant of 4 MW thereby increasing the total solar power capacity to 14 MW
Acquired a controlling shareholding in ‘Subam Paper & Boards Private Limited’, establishing it as our Wholly-Owned Subsidiary
Conversion of our company from Private Limited Company to Public Limited Company
Declaration of Bonus Shares in the proportion of 9:1 i.e. Nine (9) Bonus Equity Share for every One (1) existing Equity Shares of the Company
1. Investment in Subsidiary for Financing its Capital Expenditure requirements
2. General Corporate Purposes
| Pricing Details | BSE | NSE |
|---|---|---|
| Issue Price | ₹ 152.00 | - |
| Open | ₹ 142.00 | - |
| Low | ₹ 134.90 | - |
| High | ₹ 149.10 | - |
| Last Trade | ₹ 149.10 | - |
1. Mr. T Balakumar
2. Ms. Sudha Alagarsamy
The paper and packaging sector in India is growing rapidly and has significant potential for future expansion. The industry was valued at $50.5 billion in 2019 and is anticipated to reach $204.81 billion by 2025, registering a CAGR of 26.7% from 2020 to 2025. The growth in the sector is being ... Read more
Phone no:9486303300
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2. General Corporate Purposes
Latest Updates
Subam Papers Limited, a major participant in the paper sector, is planning an initial public offering (IPO) to generate up to Rs 93.70 crore. The IPO consists only of a new issue of 61.65 lakh equity shares. The subscription period for the IPO runs from September 30 to October 3, 2024, with allotment scheduled on October 4. The shares are planned to be listed on the BSE SME market on October 8.
Retail investors must invest at least Rs 121,600 (800 shares), whereas high-net-worth individuals must invest at least Rs 243,200 (2 lots of 800 shares). The proceeds from the first public offering will be utilized to fund the company's growth goals, such as manufacturing facility expansion and capital investment. Subam Papers has a proven track record of producing high-quality paper goods and intends to strengthen its position in the industry through this IPO.
Subam Papers Limited, established in October 2006, is a leading manufacturer of kraft paper and other paper products. Committed to sustainability, the company utilizes waste paper as its primary raw material, promoting environmental responsibility. Mr. T Balakumar and Ms. Sudha Alagarsamy serve as the company's promoters, providing strategic guidance and leadership.
29 September 2024
Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article
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