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NPNIKITAListed

Nikita Papers Limited

Bookbuilding IPO · NSE

Price band
₹95 - ₹104
Lot size
1,200 shares
Issue amount
₹67.54 cr
Total subscription
1.43×
Current price₹133.35
Listing price ₹90
Watch live price ↗
Opens
27 May 2025
Closes
29 May 2025
Allotment
30 May 2025
Listing
3 Jun 2025

Offer at a glance

Issue overview

Issue size
64,94,400 shares
Face value
₹10 per share
Minimum investment
₹1,14,000
Fresh issue
₹67.54 cr
Offer for sale
₹0 cr
Registrar
Skyline Financial Services Private Ltd
Listing exchange
NSE
Maximum investment
₹1,24,800
Issue type
Bookbuilding IPO
Shares before issue
1,81,73,500
Shares after issue
2,46,67,900

Lot sizes

CategoryLotsSharesAmount
RETAIL11,200₹1,24,800
HNI22,400₹2,49,600

Share reservation

RETAIL33.24%
NII(HNI)14.25%
QIB18.99%
Anchor28.49%
Market Maker5.03%

Subscription & GMP

Subscription by category

Total subscribed1.43×

Missing multiples are calculated from bids and offered shares when available.

QIB0.74×
NIB2.11×
RETAIL1.84×

GMP history

02.5521 May: ₹022 May: ₹024 May: ₹027 May: ₹228 May: ₹529 May: ₹030 May: ₹025 Nov: ₹0
21 May₹025 Nov

Application-wise demand

CategoryReserved applicationsApplied applications
QIB—3
NIB—212
RETAIL—3,305

Subscription demand

Amounts in ₹ crore. HNI subcategories are included in the NII total.

CategoryOfferedDemand
QIBs23.0410
RETAIL22.4527.83

Financial performance

Company financials

In Crores · Reported periods may include interim results.

Revenue & profitIn Crores
0200400600Mar-22 · Revenue: 358.5Mar-22 · Profit after tax: 7Mar-22Mar-23 · Revenue: 401.3Mar-23 · Profit after tax: 8.7Mar-23Mar-24 · Revenue: 346.8Mar-24 · Profit after tax: 16.6Mar-24Dec-24 · Revenue: 272.4Dec-24 · Profit after tax: 15.7Dec-24
RevenueProfit after tax

Key performance indicators

MetricDec-24Mar-24Mar-23
EPS8.639.815.28
ROE16.8521.4515.79
ROCE22.2828.7115.55
RONW16.8521.4515.79
PRE IPO(PE)011.390
POST IPO(PE)12.2700

Values and labels as reported in the issue data.

Company information

Company profile

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.

Strengths

  • Experienced Leadership: Promoters and management bring years of industry knowledge, aiding strong decisions and stable operations.
  • Innovation & Growth: Expanding into fluting media and upgrading machinery boosts product variety and market competitiveness.
  • Eco-Friendly Focus: Uses recycled materials and sustainable practices, meeting global environmental standards and customer expectations.

Risk factors

  • Raw Material Price Fluctuations: Changing prices of raw materials can affect profits and disrupt operations.
  • High Customer Dependence: Relying on a few big clients means losing one could lead to major revenue loss.
  • Cash Flow Challenges: Ongoing negative cash flows may limit the company’s ability to grow and stay financially strong.

Promoters

Mr. Ashok Kumar Bansal

Mr. Sudhir Kumar Bansal

Mr. Ayush Bansal

Mr. Abhinav Bansal

Mr. Anuj Bansal

Ashok Kumar Bansal & Sons HUF

Naresh Chand Bansal & Sons HUF

Sudhir Kumar Bansal & Sons HUF

Ayush Bansal & Sons HUF

Abhinav Bansal & Sons HUF

Anuj Bansal & Sons HUF

Registrar & documents

Lead manager

Fast Track Finsec Private Limited

Registered office

A-10 Floor 1st Land Mark, Near Deepali Chowk Saraswati Vihar, Pitampur

+91-7300712189

[email protected]Company website ↗

Understanding NIKITA 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.