Issue Price
₹69
Per Share
GMP
+₹8
+11.59% Grey Market
Est. Listing
₹77
Expected Price
Min. Application
₹276,000
2 lots × 2000 shares
Established on September 27, 1995,Twinkle Papers Limited specialises in the manufacture of packaging and material handling products. The company manufactures Corrugated Boxes and polymer-based molded packaging products.The company's plastic products utilise advanced technologies like blow molding, injection molding, and rotational molding, primarily serving industries such as food, dairy, construction chemicals, pharmaceuticals, and textiles.Twinkle Papers Limited produces a diverse range of products, including:Corrugated boxesMulti-colored printed fiberboard cartonsHDPE drums and jerrycansPlastic crates and heavy-duty palletsMolded plastic furnitureDustbins.The company sells its products under the brand “Twinkle”, catering to various industries. Its in-house R&D team collaborates with clients to design custom polymer solutions for their packaging challenges. The manufacturing facilities also comply with ISO 9000: 2015 systems.The company manufactures various products, including jerry cans, drums, pallets, lids, handles, and other ancillary items for industrial packaging across multiple industries like Food and Beverage, Healthcare, Textile, Chemical, and refineries. We use HDPE and LLDPE plastic granules for production.As of December 31, 2025, the company has 119 employees.Competitive Strength:Experienced and Qualified Management and Employee baseStrong and Consistent Financial PerformanceGrowing customer baseScalable and reliable business modelExperienced Promoters and Senior Management with extensive domain knowledge.
Twinkle Papers Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| QIB (Ex Anchor) | 190,000 | — | ₹1.31 Cr | 2.09x |
| NII / HNI | 1,798,000 | — | ₹12.41 Cr | 0.02x |
| Retail (RII) | 1,800,000 | — | ₹12.42 Cr | 0.26x |
| Market Maker | 200,000 | — | ₹1.38 Cr | — |
| TOTAL | 3,788,000 | 100.00% | ₹26.14 Cr | 0.24x |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹138,000 |
| Retail (Max) | 13 | 26,000 | ₹1,794,000 |
| sNII (Min) | 14 | 28,000 | ₹1,932,000 |
| bNII (Min) | 68 | 136,000 | ₹9,384,000 |
| Particulars | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue from Operations | 73.13 | 83.98 | 58.75 |
| EBITDA | 10.75 | 9.63 | 8.47 |
| Profit After Tax (PAT) | 5.40 | 3.33 | 1.61 |
| Net Worth | 24.94 | 19.54 | 11.07 |
| Total Assets | 93.37 | 75.38 | 61.22 |
| Reserves & Surplus | 13.77 | 8.37 | 10.13 |
| Total Borrowings | 53.69 | 40.79 | 33.88 |