Issue Price
₹96
Per Share
GMP
NIL
Grey Market
Est. Listing
₹96
Expected Price
Min. Application
₹230,400
2 lots × 1200 shares
Incorporated in 2019, Aten Papers & Foam Limited is operates as a key intermediary in the paper product supply chain.The company sources paper from various mills and supplies it to clients in the packaging industry.The company offers Kraft paper, duplex boards, and other products in various grades, thicknesses, and sizes, while also purchasing and selling wastepaper to paper mills as a crucial raw material.Products:Kraft Paper: The company sells recycled Kraft paper for packaging, primarily to Gujarat-based customers with varying credit periods.Absorbent Kraft Paper: The company sells absorbent Kraft paper, recycled by mills, used in interior décor and furniture.Paper Bag Kraft Paper: The company produces durable, eco-friendly Kraft paper bags for packaging groceries, medical items, and more.Tube Kraft Paper: The company uses materials like wood pulp, kraft paper, and cardboard to manufacture tubes based on application.As on November 30th, 2024, the company had 14 employees.Competitive Strengths:Experienced Senior Management TeamVariety of ProductsHigh Credibility with the Banker and existing lines of Credit since 2019In-house LogisticsReady Stock
Aten Papers & Foam Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 165,600 | — | ₹1.59 Cr | — |
| TOTAL | 3,300,000 | 100.00% | ₹31.68 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹115,200 |
| Retail (Max) | 13 | 15,600 | ₹1,497,600 |
| sNII (Min) | 14 | 16,800 | ₹1,612,800 |
| bNII (Min) | 68 | 81,600 | ₹7,833,600 |
| Particulars | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue from Operations | 138.70 | 96.80 | 91.00 |
| EBITDA | 10.65 | 5.15 | 1.88 |
| Profit After Tax (PAT) | 7.01 | 2.78 | 0.50 |
| Net Worth | 14.04 | 7.03 | 4.25 |
| Total Assets | 34.90 | 32.92 | 29.62 |
| Reserves & Surplus | 7.04 | 6.03 | 3.25 |
| Total Borrowings | 11.13 | 15.67 | 16.03 |