Nikita Papers IPO:
Nikita Papers IPO Price-band & Lot-Size
The price band for the Nikita Papers IPO has been fixed at ₹95 to ₹104 per share, with a face value of ₹10 per share. The minimum lot size for application is 1200 shares, with a minimum investment of ₹1,14,000 required for retail investors. While the minimum amount for retail investors is ₹1,14,000, it is suggested to bid at the cutoff price, which is around ₹1,24,800, to avoid an oversubscription scenario. High Net Worth Individuals (HNIs) can apply for a minimum of 2 lots (2,400 shares) amounting to ₹2,49,600.
Nikita Papers IPO Key Dates for Investors:
* IPO Opening Date: Tuesday, May 27, 2025
* IPO Closing Date: Thursday, May 29, 2025
* Cut-off time for confirmation of UPI mandate: 5 pm on May 29, 2025
* Tentative Allotment: Friday, May 30, 2025
* Commencement of Refunds: Monday, June 2, 2025
* Credit of Shares in Demat: Monday, June 2, 2025
* Tentative Listing Date: Tuesday, June 3, 2025
Nikita Papers Company Overview:
Incorporated in 1989, Nikita Papers Limited is engaged in the manufacturing of various paper grades suitable for industrial, commercial and printing applications. The company emphasizes on environmentally sustainable production processes, often using recycled materials. With a strong distribution network, Nikita Papers Limited serves both domestic and international markets. Their product portfolio includes Kraft Paper, known for its strength and breathability, ideal for wrapping, bags, cushioning and other eco-friendly and creative uses, ranging from 70-200 GSM.
Nikita Papers Financial Performance:
As on March 31, 2024, Nikita Papers Limited reported assets of ₹299.00 crore, revenue of ₹346.78 crore and profit after tax of ₹16.60 crore. The company had total assets of ₹77.37 crore, with reserves and surplus of ₹59.20 crore and total borrowings of ₹189.24 crore. The market capitalization of Nikita Papers IPO is ₹256.55 crore.
Nikita Papers IPO Objectives:
The Company plans to use the net proceeds from this issue for the following purposes:
* Issue Expenses
* Capital Expenditure for setting up of Power Plant (₹500 million)
* Working Capital Requirement (₹50 million)
* General Corporate Purposes
Nikita Papers Promoter Holding:
The promoters of Nikita Papers Limited include Mr. Ashok Kumar Bansal, Mr. Sudhir Kumar Bansal, Mr. Ayush Bansal, Mr. Abhinav Bansal, Mr. Anuj Bansal, Ashok Kumar Bansal & Sons HUF, Naresh Chand Bansal & Sons HUF, Sudhir Kumar Bansal & Sons HUF, Ayush Bansal & Sons HUF, Abhinav Bansal & Sons HUF and Anuj Bansal & Sons HUF. Shareholding before the issue is 29.76%, which will reduce to 21.89% post the issue.
Nikita Papers IPO Reservation:
* Offering of QIB Shares: Not more than 50% of the Net Issue
* Offering of Retail Shares: Not less than 35% of the Net Issue
* Offering of NII (HNI) Shares: Not less than 15% of the Net Issue
Investors are encouraged to refer to the Nikita Papers IPO DRHP for detailed information.
Nikita Papers IPO Registrar and Lead Manager
Fast Track Finsec Private Limited is the book-running lead manager for the issue, while Skyline Financial Services Private Limited is the registrar.
Disclaimer: This content is about intended solely for educational and informational purposes and should not be interpreted as financial or investment advice. The information presented is derived from publicly available sources and independent analysis; however, its accuracy or completeness is not guaranteed. Readers are encouraged to conduct their own due diligence and seek guidance from a professional financial advisor before making any investment decisions. Neither the author nor stoxmail.com assumes responsibility for any financial losses or investment actions taken based on this article.
