Aten Papers IPO: Complete Details March 28
The Aten Papers IPO is set to open for subscription on March 28, 2025, and will close on April 2, 2025. The company plans to raise ₹31.68 crores through a Book Built Issue IPO, which includes a fresh issue of ₹31.68 crores. The IPO is expected to be listed on BSE SME on April 7, 2025.
For investors looking to invest in a profitable and growing paper manufacturing company, this IPO presents a unique opportunity. Below, we break down the IPO details, financials, valuation, and key investment insights to help you make an informed decision.
Aten Papers IPO Overview
| IPO Details | Values |
|---|---|
| IPO Open Date | March 28, 2025 |
| IPO Close Date | April 2, 2025 |
| IPO Listing Date | April 7, 2025 |
| Face Value | ₹10 per equity share |
| IPO Price Band | ₹91 – ₹96 per share |
| Issue Size | ₹31.68 crores |
| Fresh Issue | ₹31.68 crores |
| Issue Type | Book Built Issue |
| Listing Exchange | BSE SME |
| Retail Quota | 35% |
| QIB Quota | 50% |
| HNI (NII) Quota | 15% |
Aten Papers IPO Market Lot Details
| Investor Category | Lot Size | Number of Shares | Investment Amount |
|---|---|---|---|
| Retail Minimum | 1 lot | 1,200 shares | ₹1,15,200 |
| Retail Maximum | 1 lot | 1,200 shares | ₹1,15,200 |
| S-HNI Minimum | 2 lots | 2,400 shares | ₹2,30,400 |
Investors should note that the minimum investment amount is ₹1,15,200, making this IPO suitable for investors with a high-risk appetite.
Aten Papers IPO Important Dates
| Event | Date |
|---|---|
| IPO Open Date | March 28, 2025 |
| IPO Close Date | April 2, 2025 |
| Allotment Date | April 3, 2025 |
| Refunds Initiation | April 4, 2025 |
| Credit to Demat | April 4, 2025 |
| Listing Date | April 7, 2025 |
Promoters of Aten Papers IPO
The founders and promoters behind Aten Papers are:
- Mr. Mohamedarif Mohamedibrahim Lakhani
- Mrs. Amrin Lakhani
These individuals bring significant expertise in paper manufacturing and industry operations, ensuring the company’s continued growth and innovation.
About Aten Papers Limited
Aten Papers is a paper manufacturing company that specializes in the production of high-quality paper and foam products. The company has shown consistent revenue growth, and with this IPO, it aims to expand its manufacturing capabilities and market reach.
Financial Growth
- The company reported revenue of ₹96.80 crores in 2024, an increase from ₹91.00 crores in 2023.
- The profit after tax (PAT) for 2024 was ₹2.78 crores, showing a significant improvement from ₹0.50 crores in 2023.
With the rising demand for eco-friendly paper products, Aten Papers is well-positioned for long-term growth and profitability.
Aten Papers Financial Performance
Financial Report (₹ in Crores)
| Year | Revenue | Expenses | Profit After Tax (PAT) | Total Assets |
|---|---|---|---|---|
| 2022 | ₹89.82 Cr | ₹88.77 Cr | ₹0.76 Cr | ₹27.85 Cr |
| 2023 | ₹91.00 Cr | ₹90.31 Cr | ₹0.50 Cr | ₹29.62 Cr |
| 2024 | ₹96.80 Cr | ₹93.08 Cr | ₹2.78 Cr | ₹32.92 Cr |
| Sep 2024 | ₹58.18 Cr | ₹53.08 Cr | ₹3.82 Cr | ₹37.82 Cr |
The company’s revenue has shown steady growth, while profitability has significantly improved, making it an attractive option for investors.
Aten Papers IPO Valuation – FY 2024
| Valuation Metrics | Value |
|---|---|
| Return on Equity (ROE) | 49.31% |
| Return on Capital Employed (ROCE) | 23.23% |
| EBITDA Margin | 5.32% |
| PAT Margin | 2.87% |
| Debt to Equity Ratio | 2.23 |
| Earnings Per Share (EPS) | ₹3.97 (Basic) |
| Price/Earnings (P/E) Ratio | N/A |
| Return on Net Worth (RoNW) | 39.55% |
| Net Asset Value (NAV) | ₹10.05 |
Despite a higher debt-to-equity ratio (2.23), the company has strong profitability ratios, making it a promising investment for long-term investors.
Objects of the IPO Issue
The IPO funds will be used for:
- Capital Expenditure
- Meeting Working Capital Requirements
- General Corporate Purposes
This will help the company expand operations and enhance financial stability.
Aten Papers IPO Registrar & Lead Manager
- Registrar: Skyline Financial Services Private Limited
- Phone: +011-40450193-197
- Email: ipo@skylinerta.com
- Website: Skyline Financial IPO Status
- Lead Manager: Swastika Investmart Limited
How to Apply for Aten Papers IPO?
You can apply for the IPO via ASBA (Application Supported by Blocked Amount) through:
- Online Banking (HDFC, ICICI, SBI, etc.)
- UPI-Based Applications (Zerodha, Groww, Paytm Money)
- Offline Brokers (Filling out a physical form)
Aten Papers IPO FAQs
1. What is the Aten Papers IPO Price?
The IPO is priced in the range of ₹91 to ₹96 per share.
2. When will the Aten Papers IPO open?
The IPO opens on March 28, 2025, and closes on April 2, 2025.
3. What is the minimum lot size for Aten Papers IPO?
The minimum lot size is 1,200 shares, requiring an investment of ₹1,15,200.
4. When will Aten Papers IPO be listed?
The IPO will be listed on BSE SME on April 7, 2025.
5. Should you invest in Aten Papers IPO?
With strong financials, a growing market presence, and an improving profit margin, the IPO could be a good long-term investment. However, investors should consider market risks and business sustainability before applying.
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