Shreenath Paper Products IPO, Key Insights and financial overview

CompanyShreenath Paper Products
Company TypeSME
SectorPaper Products
Promoter Holding- Pre IPO100%
Promoter Holding – Post IPO72.98%
Dilution (%)27.02%
Fresh Issue38,18,000 Shares – INR 23.36 Cr.
OFS
Offer SizeINR 23.36 Cr.
Price BandINR 44 per Share
Cost for one lotINR 1,32,000
No. of Share Post-IPO1,96,54,200 Shares
Market CapINR 86 Cr,
FY22 ProfitINR 1.5 Cr.
FY23 ProfitINR 4.5 Cr.
FY24 ProfitINR 4.5 Cr.
9MFY25 ProfitINR 2.5 Cr.
P/E25x
Last Year’s Sales Growth-45x
Opening Date25-Feb-2025
Closing Date28-Feb-2025
Listing Date5-Mar-2025
DRHPhttps://www.bseindia.com/corporates/download/305180/Shreenath_30.04.2024_20240507114117.pdf

Shreenath Paper IPO Market Lot

The Shreenath Paper IPO minimum market lot is 3000 shares with ₹1,32,000 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum13,000₹1,32,000
Retail Maximum13,000₹1,32,000
S-HNI Minimum26,000₹2,64,000

Question 1 : What is the Overview of the company?

Shreenath Paper Products Ltd. is primarily engaged in the business of providing paper-based raw material solutions. Founded in 2011, the company focuses on serving various industries that require products like coating-based paper, food-grade paper, machine-glazed paper, and pressure-sensitive adhesive paper. They have established strong partnerships with manufacturers to ensure the availability of quality products, fulfilling customer demands in a timely manner.

The company operates by offering tailored supply chain solutions, managing the procurement and distribution of paper products based on customer specifications. Their main objective is to meet the evolving needs of industries reliant on paper products, such as packaging and printing, which are crucial to sectors like food and beverage, retail, and logistics.

In terms of expansion, Shreenath Paper Products has scaled its operations to cover multiple cities and states across India. They serve a wide range of clients by focusing on delivering exceptional customer service and maintaining an efficient supply chain. Their geographical reach enhances their ability to cater to both local and regional demand, and they are consistently exploring opportunities for growth, both in terms of market share and expanding their service offerings to new areas.

The company is keen on sustaining a leadership position in the paper products sector, supporting its operations with innovation and a customer-first approach. This strategy helps them stay competitive as they expand their presence across different Indian states and cities.

Product Range :

Question 2: Who are the promoter of the company?

Here’s an overview of the key roles of the promoters in Shreenath Paper Products Ltd.:

  1. Alok Parekh:
    • Alok Parekh likely holds a leadership position with a focus on overseeing the strategic direction and growth of the company. His role could involve key decisions on business development, partnerships, and expanding the company’s market reach.
  2. Ronak Parekh:
    • Ronak Parekh’s role may involve managing day-to-day operations, overseeing the efficiency of the supply chain, and ensuring that production and distribution run smoothly. He may also be involved in business expansion strategies and client relationship management.
  3. Navneetdas Parekh:
    • Navneetdas Parekh may focus on the financial and operational aspects of the business. This could include managing finances, optimizing costs, and ensuring profitability, as well as contributing to long-term business strategy.
  4. Hasumati Navneetdas Parekh:
    • Hasumati Parekh’s role might include supporting operational activities and possibly handling internal affairs such as administrative duties, human resources, or corporate governance.
  5. Harish Parekh:
    • Harish Parekh may take charge of strategic initiatives, liaising with key stakeholders, and ensuring that the company maintains a competitive edge in the market. His role might also include overseeing regional operations and expanding the company’s footprint.
  6. Hasumati Harish Parekh:
    • Like other promoters, Hasumati Harish Parekh might support the overall operations of the company, focusing on management and organizational structure. She could also be responsible for specific internal or external relationships critical to company growth.
  7. Neha Parekh:
    • Neha Parekh may play a role in client relations, marketing, or managing customer experience, contributing to building and sustaining relationships with key stakeholders, clients, and partners.
  8. Sayali Parekh:
    • Sayali Parekh could focus on project management, product development, or overseeing specific business operations or divisions. Her role might include streamlining processes to ensure optimal service delivery and customer satisfaction.

Together, these promoters form a well-rounded leadership team, each contributing their expertise to various aspects of business operations, strategy, and growth at Shreenath Paper Products Ltd.

Question 3: How company performed in the past?

Particular (INR Cr.)FY22FY23FY249MFY25
Total Revenue14220719078.5
Net Profit1.54.54.52.5

Question 4: How much money is the company raising and why?

In the IPO, the company is offering 53.10 lakh shares, priced at INR 44 per share, aggregating to total of INR 23.36 Cr. with a lot size of 3000 shares. For the purpose of:

Meeting Incremental working capital requirements – INR 18 Cr.

General Corporate purposes – INR 2.87 CR.

Question 5 : Valuation of the company and comparison with other companies

ParticularsMarket Cap (In Cr.)P/E
Shreenath Paper Products Limited8625x
JK paper Limited49978x
Star Paper Mills Limited2605x
Seshasayee Paper & Boards Limited190114x

Shreenath Paper IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html

IPO Lead Managers aka Merchant Bankers

  • Galactico Corporate Services Limited

Company Address

Shreenath Paper Products Limited
Shop no. 5, Plot no.136, N-1,
Masco Corner API Road,
Cidco, Aurangabad, 431003
Phone: +91 0240-2489888
Email: info@shreenathpaper.com
Website: https://shreenathpaper.com/

Shreenath Paper IPO FAQs

What is Shreenath Paper IPO?

Shreenath Paper IPO is a SME IPO. The company is going to raise ₹23.36 Crores via IPO. The issue is priced at ₹44 per equity share. The IPO is to be listed on BSE.

When Shreenath Paper IPO will open for subscription?

The IPO is to open on February 25, 2025 for QIB, NII, and Retail Investors. The IPO will close on February 28, 2025.

What is Shreenath Paper IPO Investors Portion?

The investors’ portion for QIB is 00%NII is 50%, and Retail is 50%.

How to Apply the Shreenath Paper IPO?

You can apply for Shreenath Paper IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Shreenath Paper IPO Issue Size?

Shreenath Paper IPO issue size is â‚¹23.36 crores.

What is Shreenath Paper IPO Price Band?

Shreenath Paper IPO Price Band is â‚¹44.

What is Shreenath Paper IPO Lot Size?

The minimum bid is 3000 Shares with â‚¹1,32,000 amount.

What is the Shreenath Paper IPO Allotment Date?

Shreenath Paper IPO allotment date is March 3, 2025.

What is the Shreenath Paper IPO Listing Date?

Shreenath Paper IPO listing date is March 5, 2025. The IPO is to list on BSE.

DISCLAIMER: This document is created for educational and informational purposes only and should not be construed as a Buy/Sell recommendation, investment advice or a research report. Although the document accurately reflects the personal views of the authors,there may be manual human errors in the document. The authors may also have equity shares in the companies mentioned in this report. Investor is advised to consult his/her investment advisor and undertake further due diligence before making any investment decision in the companies mentioned. Authors are not liable for any financial gains or losses due to investments made as per the information written in this document.

sauravahuja777@gmail.com

Author: Saurav Ahuja is an experienced equity research professional, finance writer. With an MBA in Finance and a passion for stock market research, he provides insightful content on investing, swing trading, and financial literacy. He is the founder of Intrinsicinfo.com, a platform dedicated to stock market investing, technical and fundamental analysis, and educational resources for traders and investors.

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