Aten Papers and Foam IPO Allotment Status: Check Latest GMP, Steps to Verify Status
Aten Papers and Foam Ltd launched its IPO for public subscription on June 13, 2025. The bidding window for Aten Papers and Foam IPO closed yesterday, i.e., on June 17, 2025. The allotment process is expected to be finalised today on June 18, 2025, with the company's shares set to be listed on BSE tentatively on Friday, June 20, 2025.
Know the procedure to check the allotment status on the BSE website.
Steps to Check Aten Papers and Foam IPO Allotment Status on BSE
Here is the process to check the Aten Papers and Foam Ltd IPO Allotment Status on BSE
- Open the BSE Application Status page here.
- Choose 'equity' as the issue type.
- Select 'Aten Papers and Foam Ltd’ from the list of companies.
- Enter your IPO application number and PAN details.
- Verify the captcha by clicking on the 'I am not a Robot' box.
- Click on the submit button to check the details of the share allotment.
Aten Papers and Foam Ltd. IPO Details
Aten Papers and Foam IPO was a book-built issue of ₹31.68 crores, entirely a fresh issue of 33 lakh equity shares. Investors could apply with a minimum lot size of 1200, requiring a minimum investment of ₹1,09,200. The issue price band was set between ₹91–₹96 per share.
Swastika Investmart Ltd is the book-running lead manager of the Aten Papers & Foam IPO, while Skyline Financial Services Private Ltd is the registrar for the issue. The market maker for Aten Papers & Foam IPO is Sunflower Broking Private Limited.
Overall Subscription Status
(June 17, 2025, 5 PM)
On Day 3, Aten Papers and Foam IPO was subscribed 1.45 times as per the BSE data. The public issue was subscribed 2.14 times in the retail category, 2.91 times in QIB category, and 0.77 times in the NII category.
Utilization of IPO Proceeds
The company will utilise the net proceeds from the issue towards the following objects:
- Capital Expenditure.
- To Meet Working Capital Requirements.
- General Corporate Purposes.
Aten Papers and Foam GMP Details
According to Business Standard, Grey Market Premium (GMP) of Aten Papers and Foam Ltd. was ₹0 as of June 18, 2025, 9:30 a.m. If the current GMP trend continues, the company's shares are likely to be listed at ₹96.
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Source: Business Standard Media Report dated June 18, 2025 Disclaimer: The GMP (Grey Market Premium) price is an unauthenticated market related news and has no discernible basis. The same quoted above is as per news appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade, or deal in the grey market nor we recommend or endorse trading in the grey market. |
Aten Papers and Foam Ltd. Business Overview
Incorporated in 2019, Ahmedabad-based Aten Papers & Foam Limited operates as a key intermediary in the paper products supply chain. The company sources various paper grades—like Kraft paper, duplex boards, absorbent Kraft, tube Kraft, and paper-bag Kraft—from mills and sells them to packaging-sector clients in Gujarat. It also plays a role in recycling by buying waste paper, processing it, and supplying quality-controlled raw material back to paper mills.
In FY24, Aten Papers and Foam Ltd. reported revenue of ₹96.8 crores and profit after tax of ₹2.78 crores.
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