Subam Papers Limited
Bookbuilding IPO · BSE
- Price band
- ₹144 - ₹152
- Lot size
- 800 shares
- Issue amount
- ₹93.7 cr
- Total subscription
- 93.01×
- Opens
- 30 Sept 2024
- Closes
- 3 Oct 2024
- Allotment
- 4 Oct 2024
- Listing
- 8 Oct 2024
Offer at a glance
Issue overview
- Issue size
- 61,64,800 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,15,200
- Fresh issue
- ₹93.7 cr
- Offer for sale
- ₹0 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,21,600
- Issue type
- Bookbuilding IPO
- Shares before issue
- 1,70,80,070
- Shares after issue
- 2,32,44,870
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 800 | ₹1,21,600 |
| HNI | 2 | 1,600 | ₹2,43,200 |
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 | 17.8 | 1,018.01 |
| RETAIL | 31.15 | 1,525.75 |
Financial performance
Company financials
in Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| EPS | 20.53 | -0.16 | 15.98 |
| ROE | 16.79 | -0.16 | 15.67 |
| ROCE | 20.84 | 5.88 | 12.82 |
| RONW | 16.79 | -0.16 | 15.67 |
| PRE IPO(PE) | 7.77 | 0 | 0 |
| POST IPO(PE) | 10.57 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
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.
Strengths
- Eco-Friendly Approach: By recycling paper waste and offering sustainable packaging solutions, the company promotes environmental responsibility and attracts businesses that prioritize sustainability.
- Smart Water Management: Investments in water pumping stations and pipelines from the Thamirabarani River ensure a steady water supply, improving production efficiency.
- Tech-Driven Operations: Advanced ERP technology helps track inventory accurately, streamline operations, and minimize waste, making the business more efficient.
Risk factors
- Legal Challenges: Ongoing lawsuits could result in negative outcomes, affecting the company’s reputation, operations, and overall business performance.
- Raw Material Supply Risks: The company depends on a steady supply of waste paper for production. Any disruptions could impact productivity and profitability.
- GST Issues: Notices from the GST Department about discrepancies may lead to financial penalties, potentially affecting the company’s finances and reputation.
Promoters
Mr. T Balakumar
Ms. Sudha Alagarsamy
Registrar & documents
Lead manager
Gretex Corporate Services Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
S.F.No.143-146 Vaduganpatti, Village Nadukallur to Tirunelveli, Tirunelveli, Tirunelveli Taluk- 627010
+91-9486303300
[email protected]Company website ↗Understanding SUBAM 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.