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Subam Papers Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Subam Papers Ltd IPO

Registered Office: S.F.No.143-146 Vaduganpatti(V),Nadukallur to Tirunelveli , Tirunelveli - 627010 , Tamil Nadu , India.
Phone : +91 94863 03300   Fax:
Email :  info@subampapers.com  
Website :  www.subampapers.com
Initial public offer of upto 61,64,800 equity shares of face value of (Rs)10.00 each ("Equity Shares") of Subam Papers Limited (the "Company" or the "Issuer") for cash at a price of (Rs)152 per equity share including a share premium of (Rs)142 per equity share (the "Issue Price") aggregating to (Rs)93.70 crores ("The Issue"). The issue includes a reservation of upto 3,08,800 equity share of face calue of (Rs)10 each at an issue price of (Rs)152 per equity share cash aggregating to (Rs)4.69 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of upto 58,56,000 equity shares of face value of (Rs)10 each at an issue price of (Rs)152 per equity share for cash aggregating to (Rs)89.01 crores (the "Net Issue"). will constitute 26.52% and 25.19% respectively of the post issue paid up equity share capital of the issue of the company.

Issue Money Payable On
Opens On Closes On Application Allotment
30-Sep-24 03-Oct-24 (Rs)152.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :800  Further Multiples of :800

  (Rs Cr) Lead Managers to the Issue
Project Cost 85.25
Gretex Corporate Services Ltd
Project Financed through Current Offer 93.70  
Post Issue Equity Share Capital 23.24  
Issue Price (Rs)152.00  
 
Projects
Investment in subsidiary for financing its capital expenditure requirementsGeneral corporate purposes
Promoted By
T Balakumar  
Sudha Alagarsamy  
Listing At
BSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd