IPO GMP (Grey Market Premium)
| Date | GMP | Kostak | Subject to Sauda |
|---|
| — | Not available | — | — |
IPO Details
| IPO Name | Aten Papers & Foam IPO |
|---|
| IPO Type | SME IPO, Book‑build |
|---|
| Issue Size | 3,300,000 shares (~₹31.68 Cr) |
|---|
| Price Band | ₹91–₹96 |
|---|
| Lot Size | 1,200 shares |
|---|
| Face Value | ₹10 |
|---|
| Listing On | BSE SME |
|---|
| Registrar | Skyline Financial Services Pvt Ltd |
|---|
Important Dates
| IPO Open | 13 June 2025 |
|---|
| IPO Close | 17 June 2025 |
|---|
| Allotment Date | 18 June 2025 |
|---|
| Refunds Initiated | 19 June 2025 |
|---|
| Shares Credited | 19 June 2025 |
|---|
| Listing Date | 20 June 2025 |
|---|
Subscription
| Category | Subscription (Day 2) |
|---|
| Retail | 8.8× |
| NII | 7.9× |
| QIB | 4.2× |
| Total | 16.5× |
Source: Chittorgarh.com & ET news 1
IPO Valuation
| Metric | Value |
|---|
| Market Cap at Upper Band | ₹98.88 Cr |
| P/E Ratio | 24.16× |
| RoE | 49.31% |
| RoCE | 23.23% |
| Debt/Equity | 2.23× |
Source: Chittorgarh.com 2
Peer Comparison
| Peer | P/E Ratio |
|---|
| Aten Papers & Foam | 24.16× |
| Retaggio Industries | 7.01× |
| Infinity Infoway | — |
Source: Chittorgarh.com comparisons 3
Company Financials (₹ Cr)
| Period Ended | Mar‑25 | Mar‑24 | Mar‑23 | Mar‑22 |
|---|
| Assets | 34.90 | 32.92 | 29.62 | 27.85 |
| Revenue | 138.70 | 96.80 | 91.00 | 89.82 |
| PAT | 7.01 | 2.78 | 0.50 | 0.76 |
| Net Worth | 14.04 | 7.03 | 4.25 | 3.74 |
| Borrowing | 11.13 | 15.67 | 16.03 | 15.44 |
Source: Chittorgarh.com 4
Company Overview & Use of Funds
| Aspect | Details |
|---|
| Business | Trading kraft paper, duplex board, waste‑paper since 2019 (Ahmedabad) 5 |
| Use of Proceeds | Capex, Working capital, Corporate purposes 6 |
Strengths & Weaknesses
| Strengths | Weaknesses |
|---|
• 43% YoY revenue growth
• RoE ~49.3%, RoCE ~23.2%
|
• High debt/Equity ~2.23×
• P/E much higher vs peers (~24×)
|
Source: Chittorgarh.com 7
Final Comment
[…] Sacheerome IPO Sizzles As Final Day Subscriptions Cross 60× […]