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Subam Papers Limited

Subam Papers Limited

smelisted
Registrar: Bigshare Services Pvt Ltd · Listing 2024-10-08
IPO Timeline
Today · 20 Oct 2026
Opens
30 Sept 2024
Closes
03 Oct 2024
Allotment
02 Oct 2024
Refund
07 Oct 2024
Demat
04 Oct 2024
Listing
08 Oct 2024
Price Band
₹144–152
GMP
₹0
0%
Lot Size
800 Shares
Min ₹121,600
Subscription
0x
Issue Size
₹93.7 Cr
Open
2024-09-30
Close
2024-10-03
Listing
2024-10-08

About the company

## **About  Subam Papers Limited** Incorporated in October 2004, Subam Papers Limited is a forward-thinking packaging solutions provider that specializes in the manufacturing of Kraft paper and paper products. The company began its journey with paper cones and has since expanded its portfolio to include Duplex board and Kraft paper. Unlike traditional paper manufacturers, Subam embraces sustainability by utilizing waste paper as its primary raw material, thus aligning its operations with principles of recycling and environmental stewardship. This commitment to preserving nature not only reduces waste but also positions Subam as a leader in eco-friendly packaging solutions. To further enhance its sustainability efforts, Subam has invested in renewable energy. The company operates two windmills with a combined capacity of approximately 1.7 MW and a solar plant with a capacity of 14 MW. This infrastructure allows Subam to significantly reduce its carbon footprint while ensuring energy efficiency in its manufacturing processes. With an installed capacity of 140 MTPD for Duplex Board and an ambitious target of over 1,000 Metric tons per day by FY 2024-2025, Subam is poised for substantial growth. The increased production capacity reflects a robust response to the rising demand for sustainable packaging solutions across various industries. Quality is at the forefront of Subam's operations, bolstered by a strong Quality Management System that guarantees adherence to high safety and environmental standards. The company’s FSC Recycled certification underscores its dedication to using 100% recycled materials, ensuring that its products not only meet but exceed client expectations. Subam's ability to offer customized packaging solutions, including odourless paper tailored for food applications, showcases its flexibility and understanding of diverse client needs. This attention to detail and commitment to quality has enabled the company to forge strong partnerships with major corporations, such as Britannia and United Breweries. As Subam Papers Limited continues to innovate and expand, it remains focused on delivering value-added paper products and packaging solutions. By diversifying its offerings—ranging from corrugated boxes to paper cones—the company aims to meet the evolving needs of its clientele while enhancing its competitive edge in the market. With a well-trained team dedicated to maintaining high quality and responsive customer service, Subam is well-positioned to solidify its status as a preferred supplier for large corporations, ensuring reliability and cost-efficiency in every transaction. Subam Papers Limited prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives 1. Investment in Subsidiary for Financing its Capital Expenditure requirements  1. General Corporate Purposes

Strengths

    Risks

      Financial performance (₹ Cr)

      IPO Roadmap / Timeline

      Current Status · as of 20 Oct 2026
      Listed
      Listed on 08 Oct 2024
      Listed 742 days ago
      1. IPO Opens

        Completed
        30 Sept 2024

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        03 Oct 2024

        Last day to place your bid

      3. Basis of Allotment

        Completed
        02 Oct 2024

        Share allotment finalised

      4. Refund Initiation

        Completed
        07 Oct 2024

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        04 Oct 2024

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        08 Oct 2024

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      800 shares
      Price / Share (upper)
      ₹152
      Min Investment (1 lot)
      ₹121,600
      Price Band
      ₹144–152
      Retail / Individual
      1 lot only
      Min lots
      1
      Min shares
      800
      Min amount
      ₹121,600
      Max amount
      ₹121,600
      HNI
      Min 2 lots
      Min lots
      2
      Min shares
      1600
      Min amount
      ₹243,200
      Max amount
      ₹243,200

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹46.85 Cr
      Shares offered
      3,165,541
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹14.05 Cr
      Shares offered
      949,662
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹32.79 Cr
      Shares offered
      2,215,878
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).