Nikita Papers IPO
Nikita Papers Ltd
₹1,14,000 /1200 sharesMinimum Investment
Nikita Papers IPO Listing Details
Listed On | Issue Price | Listing Price | Listing Gains |
---|
-- | ₹104.00 | ₹90.00 | -₹14.00 (13.46%) |
Nikita Papers IPO Details
Bidding Dates | Min. Investment | Lot Size | Price Range |
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27 May ‘25 - 29 May ‘25 | ₹1,14,000 | 1,200 | ₹95 - ₹104 |
Qualified Institutional Buyers | 1.25x |
Non-Institutional Investor | 2.29x |
Retail Individual Investor | 1.59x |
Total | 1.26x |
Nikita Papers Limited manufactures paper and paper products. The company produces a range of paper grades used for industrial, commercial, and printing purposes. Its core product is kraft paper, with specifications ranging from 80 to 200 grams per square meter (GSM), suitable for wrapping, shipping, packaging, cushioning, and other eco-friendly applications.
As of December 31, 2024, the company’s installed production capacity is approximately 1,33,000 metric tonnes per annum. Its manufacturing facility is located in Shamli, Uttar Pradesh.;
Managing director
Mr. Ashok Kumar Bansal
Parent organisation
Nikita Papers Ltd
Strengths & Financials of Nikita Papers
Nikita Papers claims to have expanded its product range by adding a fluting media multi-liner kraft paper project for corrugated packaging. The company has also commissioned a second paper machine (PM-2) with a capacity of 250 tonnes per day.
The company operates out of an industrial estate, Panipat road, Shamli (U.P.), a location that is well-connected to transport networks and essential infrastructure.
The company claims to serve a wide customer base, including multinational corporations, regional brands, and packaging manufacturers.
The company claims to have built strong relationships with raw material suppliers, distributors and industry stakeholders.
The company claims that the ongoing shift away from plastic packaging has led to a growing demand for eco-friendly alternatives like paper packaging, which may present a market opportunity for its products.
The company has seen a consistent increase in profit after tax (PAT). It increased from Rs 6.95 crore in FY22 to Rs 8.64 crore in FY23 to Rs 16.59 crore in FY24.
Nikita Papers Financials
*All values are in Rs. Cr
Application Details of Nikita Papers IPO
Apply as | Price band | Apply upto |
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Regular | ₹95 - 104 | ₹2 Lakh |
High Networth Individual | ₹95 - 104 | ₹2 - 5 Lakh |
For Nikita Papers IPO, eligible investors can apply as Regular.