The basis of allotment for Nikita Papers SME IPO will be out today, 30 May 2025. The IPO bidding window was opened for three trading days, from 27 May 2025 to 29 May 2025. The tentative listing on NSE SME is June 3, 2025.
Nikita Papers IPO is a book-building issue of ₹67.54 crores, consisting entirely of a fresh issue of 64.94 lakh shares. The price band is set at ₹95 to ₹104 per share. Fast Track Finsec Pvt Ltd is the book-running lead manager, while Skyline Financial Services Private Ltd is the registrar for the issue.
The net proceeds from the fresh issue are intended to fund the following objectives:
(May 30, 2025, end of the day)
Category |
Subscription (times) |
Qualified Institutional Investors (QIBs) |
1.33 |
Non-Institutional Investors |
2.47 |
Retail Individual Investors(RIIs) |
1.84 |
Total |
1.28 |
As of 30 May 2025, Nikita Papers IPO GMP stood at NIL. The expected listing price is ₹104.
Source: Business Standard Report dated 30 May, 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.
Nikita Papers manufactures eco-friendly paper products from 80 to 200 GSM in various Burst Factor (B.F.) ranges for food packaging, paper bag manufacturing, etc. Their customer base includes MNCs, regional brands, and packaging manufacturers.
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