| Company | Shreenath Paper Products |
| Company Type | SME |
| Sector | Paper Products |
| Promoter Holding- Pre IPO | 100% |
| Promoter Holding – Post IPO | 72.98% |
| Dilution (%) | 27.02% |
| Fresh Issue | 38,18,000 Shares – INR 23.36 Cr. |
| OFS | |
| Offer Size | INR 23.36 Cr. |
| Price Band | INR 44 per Share |
| Cost for one lot | INR 1,32,000 |
| No. of Share Post-IPO | 1,96,54,200 Shares |
| Market Cap | INR 86 Cr, |
| FY22 Profit | INR 1.5 Cr. |
| FY23 Profit | INR 4.5 Cr. |
| FY24 Profit | INR 4.5 Cr. |
| 9MFY25 Profit | INR 2.5 Cr. |
| P/E | 25x |
| Last Year’s Sales Growth | -45x |
| Opening Date | 25-Feb-2025 |
| Closing Date | 28-Feb-2025 |
| Listing Date | 5-Mar-2025 |
| DRHP | https://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.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 3,000 | ₹1,32,000 |
| Retail Maximum | 1 | 3,000 | ₹1,32,000 |
| S-HNI Minimum | 2 | 6,000 | ₹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.:
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.) | FY22 | FY23 | FY24 | 9MFY25 |
| Total Revenue | 142 | 207 | 190 | 78.5 |
| Net Profit | 1.5 | 4.5 | 4.5 | 2.5 |
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
| Particulars | Market Cap (In Cr.) | P/E |
| Shreenath Paper Products Limited | 86 | 25x |
| JK paper Limited | 4997 | 8x |
| Star Paper Mills Limited | 260 | 5x |
| Seshasayee Paper & Boards Limited | 1901 | 14x |
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 ₹23.36 crores.
What is Shreenath Paper IPO Price Band?
Shreenath Paper IPO Price Band is ₹44.
What is Shreenath Paper IPO Lot Size?
The minimum bid is 3000 Shares with ₹1,32,000 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.
