Explore the Aten Papers & Foam Limited IPO
India’s paper and packaging industry is growing exponentially. In 2024, it’s estimated to be worth around USD 12.87 billion and is expected to hit USD 17.74 billion by 2029. With steady growth in production and India making up about 5% of the global paper market, the future looks promising for this sector.
As a company involved in sourcing and supplying paper products, Aten is ready to spread its wings with an IPO. This is a chance for investors looking to tap into the rising demand for sustainable packaging and paper solutions. You can also check the Aten Papers IPO GMP today price.
For more information, one can refer to the RHP.
Note: For 50% of the shares, the anchor lock-in period expires 30 days following the actual allocation, and for the remaining part, it ends 90 days later.
Aten Papers & Foam Limited IPO: Company Profile
Aten Papers & Foam Limited supplies paper and foam products used in packaging and industrial applications. The company has filed its RHP with SEBI and is preparing to go public.
With over 20 years of experience in the sector, it has built a stable client base and operational presence. Here are its key highlights for the Aten Papers & Foam limited review:
Particulars | Details |
Established | 2019 |
Registered Office | Ahmedabad |
Products | Kraft Paper, Waste Paper, Duplex Board, Other Papers
|
Managing Director Cum Chairman | Mr. Mohamedarif Mohamedibrahim Lakhani |
Competitors | Boss Packaging Solutions Ltd or Cellulose Products of India Ltd |
Exploring the Aten Papers & Foam Limited IPO
Here’s a brief overview of the Aten Papers & Foam Limited IPO. Also, check Aten Papers IPO GMP to know whether to invest in it.
Aten Papers & Foam Limited IPO Date
Here’s everything about Aten Papers IPO listing date:
Particulars | Description |
Offer opening date | June 13, 2025 |
Offer closing date | June 17, 2025 |
Anticipated Anchor investor bidding date | Not Disclosed |
Listed at | BSE SME |
Aten Papers & Foam Limited IPO size
Here’s what Aten Papers & Foam Limited has announced about its issue size.
Particulars | Number of Equity Shares | Aggregate Value |
Fresh Issue | 33,00,000 | Not Disclosed |
Offer for Sale | Not Disclosed | Not Disclosed |
Overall Issue | 33,00,000 | Not Disclosed |
Before you check Aten Papers IPO allotment, explore where the Aten Papers & Foam IPO Proceeds are likely to be used.
Particulars | Amount Required (₹ in Lakhs) | From IPO Proceeds (₹ in Lakhs) | Internal Accruals / Equity / Reserves (₹ in Lakhs) | Balance from Long/Short Term Borrowing (₹ in Lakhs) |
1. Capital Expenditure | 425 | 425 | 0 | 0 |
2. Incremental Working Capital Requirements | 4,458 | 1,550 | 1,908 | 1,000.57 |
3. General Corporate Purpose | Not Disclosed | Not Disclosed | 0 | $0 |
4. Public Issue Expenses | Not Disclosed | Not Disclosed | 0 | $0 |
Total | Not Disclosed | Not Disclosed | 1,907.77 | $1,001 |
Now, let's continue with Aten Papers share price, along with other details.
Other takeaways from the Aten Papers & Foam Limited share price
Takeaway from the Aten Papers & Foam Limited is as follows:
Particulars | Description |
Face value of each share | ₹ 10 |
Price Range | ₹ 91-96 per share |
Categorisation of different investors
IPO bidding terms differ by investor group. Here’s a comparison.
Particulars of the Issue | Market Maker Reservation Portion | QIBs | Non-Institutional Investors | Retail Individual Investors |
No. of Equity Shares Available for Allocation | 1,65,600 Equity Shares | Not more than 15,66,000 Equity Shares | Not less than 4,70,400 Equity Shares | Not less than 10,98,000 Equity Shares |
% of Issue Size | 5.02% of the issue size | Not more than 50% of Net Issue. Up to 5% of this for Mutual Funds. The unused Mutual Fund portion goes to the QIB pool. | Not less than 15% of the Net Issue | Not less than 35% of the Net Issue |
Minimum Bid Size | Not Disclosed | Amount must exceed ₹2,00,000 | Amount must exceed ₹2,00,000 | Amount must not exceed ₹2,00,000 |
Maximum Bid Size | Not Disclosed | Not exceeding Net Issue size (as per limits) | Not exceeding Non-QIB size (as per limits) | Amount must not exceed ₹2,00,000 |
You can get the shares of the company automatically into your demat account when you apply for them. So, set up your demat account with the top brokers in India today to get the allotment. With this, you can also know about Aten Papers IPO listing price.
Aten Papers & Foam Limited IPO details: Key Financials Before we get into more information, you must know that Aten Papers IPO GMP today is at ₹106 per share. Let’s go through Aten Papers & Foam’s latest financial highlights.
Aten Papers & Foam Limited IPO details: Key Financials
Before we get into more information, you must know that Aten Papers IPO GMP today is at ₹106 per share. Let’s go through Aten Papers & Foam’s latest financial highlights.
Particulars | For the period ended Sep 30, 2024 | For the Year ended Mar 31, 2024 | 2023 | 2022 |
Net Fixed Asset Turnover (In Times) | 78 | 112 | 90 | 107.11 |
EBITDA (₹ in Lakhs) | 574 | 515 | 188 | 190.07 |
Debt Equity Ratio | 1 | 2 | 4 | $4 |
Profit After Tax (₹ in Lakhs) | 382 | 278 | 50 | $76 |
RoCE (%) | 25.45 | 23.23 | 8.70 | $9 |
Net Working Capital Days | 67 | 83 | 78 | $74 |
Revenue from Operations (₹ in Lakhs) | 5,817.45 | 9,680 | 9,100 | 8,981.53 |
Operating Cash Flows (₹ in Lakhs) | 611 | 189 | 46 | 366.53 |
RoE (%) | 43 | 49 | 13 | 22.74 |
PAT Margin (%) | 7 | 3 | 1 | 0.85 |
Growth in Revenue from Operations (%) | NA | 6 | 1 | NA |
EBITDA Margin (%) | 9.88 | 5.32 | 2.06 | 2.12 |
Key Financial Ratios & Metrics
Particulars | Sep 30, 2024 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 |
Current Assets (₹ Lakhs) | 3,710.18 | 3,213.34 | 2,867.53 | 2,676.49 |
Current Liabilities (₹ Lakhs) | 2,535.54 | 2,373.66 | 2,218.44 | 2,067.32 |
Current Ratio (Times) | 1 | 1 | 1 | 1.29 |
Variation (YoY) | 8.09% | 4.73% | -0.16% | 16.64% |
Total Debt (Short + Long Term) | 1,096 | 1,567 | 1,603 | $1,544 |
Equity (₹ Lakhs) | 1,085 | 703 | 425 | $374 |
Strengths and risks
The strengths and risks associated with Aten Papers & Foam shares are outlined below:
Strengths
Backed by over 20 years of industry experience
It has a high credibility with bankers since 2019
It has its in-house delivery service
Offers a wide range of paper products across sizes and Grams Per Square Meter (GSMs)
Risks
It might face pressure from fragmented and unorganised market players
Unpredictable fluctuations in paper prices
Relies heavily on paper mills for a consistent raw material supply
Carries a relatively high debt-to-equity ratio
IPO Closing Soon: Is Aten Papers & Foam IPO Worth the Rush?
With rising interest in the Aten Papers IPO GMP price and solid financial backing, this public offer has caught the attention of many investors.
The Aten Papers & Foam IPO review sheds light on what the company brings to the investors. Thinking of applying? Click to apply for Aten Papers & Foam Limited IPO.