Aten Papers & Foam Limited
Book Built Issue IPO · BSE
- Price band
- ₹91 - ₹96
- Lot size
- 1,200 shares
- Issue amount
- ₹31.68 cr
- Total subscription
- 1.49×
- Opens
- 13 Jun 2025
- Closes
- 17 Jun 2025
- Allotment
- 18 Jun 2025
- Listing
- 20 Jun 2025
Offer at a glance
Issue overview
- Issue size
- 33,00,000 shares
- Face value
- ₹10 Per Equity Share
- Minimum investment
- ₹1,09,200
- Fresh issue
- ₹31.68 cr
- Offer for sale
- ₹0 cr
- Registrar
- Skyline Financial Services Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,15,200
- Issue type
- Book Built Issue IPO
- Shares before issue
- 70,00,000
- Shares after issue
- 1,03,00,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,200 | ₹1,15,200 |
| HNI | 2 | 2,400 | ₹2,30,400 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 1.49 | 0 |
| RETAIL | 14.31 | 0 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 10.02 | 3.97 | 0.72 |
| ROE | 66.53 | 49.31 | 12.59 |
| ROCE | 43.84 | 23.23 | 8.7 |
| RONW | 49.93 | 39.55 | 11.84 |
| PRE IPO(PE) | 0 | 9.58 | 0 |
| POST IPO(PE) | 14.1 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Aten Papers & Foam Limited, established in 2019, is a key player in the paper supply chain, sourcing paper from various mills and supplying it to packaging businesses. The company offers a variety of products, including Kraft paper, duplex boards, and other paper types in different grades, thicknesses, and sizes. It also plays a vital role in recycling by purchasing and selling wastepaper to paper mills as raw material. Their product range includes recycled Kraft paper, primarily supplied to customers in Gujarat, absorbent Kraft paper used in interior décor and furniture, paper bag Kraft paper designed for eco-friendly packaging like grocery and medical bags, and tube Kraft paper made from wood pulp, kraft paper, and cardboard for various applications. As of November 30, 2024, the company had 14 employees.
Strengths
- Smart Supply Management – The company keeps costs low by buying directly from paper mills and handling logistics in-house. With a "ready stock" approach, it ensures fast processing and on-time deliveries.
- Strong Financial Foundation – Since 2019, solid banking ties have allowed the company to buy in bulk and run smoothly, proving its financial reliability.
- Eco-Friendly & Sustainable – By recycling wastepaper within its supply chain, the company reduces its reliance on new materials and helps protect the environment.
Risk factors
- Price Fluctuations – Changes in paper pulp prices can affect costs and profits, making pricing decisions tricky.
- Market Dependence – Heavy focus on the Gujarat market means the business is more vulnerable to regional economic changes and competition.
- Regulatory Challenges – New environmental rules may require operational changes, affecting costs and long-term stability.
Promoters
Mr. Mohamedarif Mohamedibrahim Lakhani
Mrs. Amrin Lakhani
Registrar & documents
Lead manager
Swastika Investmart Limited
Registrar & contacts
Skyline Financial Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Block-A, 102/A, F. F, Tirmizi Heights, Opp Bombay Housing Colony, Near Kirtikunj Society, Ahmedabad 380028
+91-9537861212
[email protected]Company website ↗Understanding ATENPAPERS IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.