# Subam Papers IPO 2024: Everything You Need to Know

URL: https://technosports.co.in/subam-papers-ipo-2024-everything-to-know/  
Published: 2024-09-30  
Updated: 2024-09-30  
Author: Raunak Saha

**Subam Papers IPO Date, Price, GMP, Review, Details: All You Need to Know**

[Subam Papers Limited](https://subampapers.com/)is gearing up for its much-awaited IPO, and it’s generating a lot of buzz in the market. With a plan to raise **₹93.70 crores**, this **book-built issue** opens up exciting opportunities for investors. Here’s everything you need to know about the Subam Papers IPO, including key dates, details, and reasons to consider investing in this fast-growing company.

## Subam Papers IPO Schedule

Mark your calendar! The Subam Papers [IPO](https://technosports.co.in/tag/ipo/) opens on **September 30, 2024**, and closes on **October 3, 2024**. Here’s a quick look at the timeline:

| Event | Date |
| --- | --- |
| **IPO Open Date** | September 30, 2024 |
| **IPO Close Date** | October 3, 2024 |
| **Allotment Finalization** | October 4, 2024 |
| **Refund Initiation** | October 7, 2024 |
| **Share Credit to Demat** | October 7, 2024 |
| **Listing Date (Tentative)** | October 8, 2024 |

![Subam Papers IPO 2024: Everything You Need to Know](https://technosports.co.in/wp-content/uploads/2024/09/image-22-80-1024x576.jpg)

## Subam Papers IPO Details

The **Subam Papers IPO** is offering a total of **61.65 lakh shares** through a fresh issue. Here are the key details:

- **Price Band**: ₹144 to ₹152 per share
- **Lot Size**: 800 shares
- **Minimum Investment (Retail)**: ₹121,600 (for 1 lot)
- **Minimum Investment (HNI)**: ₹243,200 (for 2 lots)
- **Issue Size**: ₹93.70 crores
- **Listing at**: **BSE SME**

### Promoters and Shareholding

The promoters of Subam Papers Limited are **Mr. T Balakumar** and **Ms. Sudha Alagarsamy**. After the IPO, their shareholding will decrease from **94.81% pre-issue** to **69.67% post-issue**.

![Subam Papers IPO 2024: Everything You Need to Know](https://technosports.co.in/wp-content/uploads/2024/09/image-21-532-1024x768.jpg)

## Company Overview: Subam Papers Limited

Founded in **October 2006**, Subam Papers Limited specializes in the **manufacturing of Kraft Paper** and other paper products. The company uses **recycled waste paper** as its primary raw material, making it a **sustainable** and environmentally friendly business.

- **Manufacturing Capacity**: As of **March 2024**, the company boasts an installed capacity of **300 metric tons per day (MTPD)**, resulting in an annual capacity of **93,600 tons**.
- **Product Range**: They produce Kraft Paper and Duplex Boards with GSM ranging from **120 to 300**, and **Busting Factor** of **16 to 35**.
- **Industry Applications**: Subam Papers caters to industries such as **FMCG**, **automobiles**, **pharmaceuticals**, and more, providing essential packaging materials.

## Financial Performance

Subam Papers has shown significant financial growth, particularly in **FY 2024** where their **profit after tax (PAT)** surged by an impressive **12,574%** compared to the previous year.

| Financials (in ₹ lakhs) | FY 2024 | FY 2023 | FY 2022 |
| --- | --- | --- | --- |
| **Revenue** | 49,697.31 | 51,062.36 | 33,259.87 |
| **Profit After Tax** | 3,341.8 | -26.79 | 2,600.23 |
| **Assets** | 46,046.1 | 41,434.65 | 39,418.33 |

### Key Performance Indicators (KPI)

- **ROE**: 16.79%
- **ROCE**: 20.84%
- **Debt/Equity Ratio**: 0.92

![Subam Papers IPO 2024: Everything You Need to Know](https://technosports.co.in/wp-content/uploads/2024/09/image-21-533.jpg)

## Competitive Strengths

- **Sustainable Practices**: Subam Papers uses recycled waste paper, positioning itself as a leader in sustainable packaging solutions.
- **Automated Manufacturing**: The fully automated process enhances productivity and ensures high-quality products.
- **ERP Technology**: The use of ERP technology helps in tracking and controlling inventory efficiently.

## Risks to Consider

- **Dependency on Raw Material**: The company heavily relies on waste paper as raw material. Any shortage or price fluctuation can impact profitability.
- **Single Business Segment**: Revenue is derived from a single business segment, increasing the risk related to market competition and demand.

Also Read: [Paramount Dye Tec IPO 2024: Everything You Need to Know](https://technosports.co.in/paramount-dye-tec-ipo-2024/)

## FAQs: Subam Papers IPO

### 1. **When does the Subam Papers IPO open and close?**

The IPO opens on **September 30, 2024**, and closes on **October 3, 2024**.

### 2. **What is the price band for the Subam Papers IPO?**

The price band is set between **₹144 to ₹152** per share.

### 3. **What is the minimum investment required for the Subam Papers IPO?**

Retail investors need to invest a minimum of **₹121,600** for **800 shares** (1 lot).

### 4. **When will the shares be credited to my Demat account?**

The shares will be credited on **October 7, 2024**.

### 5. **When will Subam Papers IPO be listed?**

The tentative listing date is **October 8, 2024,** on **BSE SME**.

### 6. **Who is the lead manager for the IPO?**

**Gretex Corporate Services Limited** is the bookrunning lead manager.

### 7. **What are the anchor investors’ details?**

Subam Papers raised **₹26.70 crores** from anchor investors on **September 27, 2024**.

### 8. **What is the company’s competitive advantage?**

Subam Papers focuses on **sustainable packaging solutions** and has invested in advanced technologies to ensure efficient production.

---

With its commitment to **sustainability** and **automation**, **[Subam Papers IPO](https://subampapers.com/)** presents an exciting investment opportunity. Whether you’re a retail or HNI investor, the [IPO](https://technosports.co.in/tag/ipo/) offers a promising entry point into a growing industry. Don’t miss the opportunity to be part of this green initiative!