Aten Papers & Foam Ltd

Aten Papers & Foam Ltd IPO

Aten Papers & Foam Ltd IPO Price Range is ₹91 - 96, with a minimum investment of ₹1,15,200 for 1200 shares.

₹1,15,200

/ 1200 shares

Minimum Investment

View Aten Papers & Foam Ltd IPO details including price range, minimum investment, lot size, financials, and IPO timeline. Get subscription updates, peer comparison, and key insights to help you make an informed decision.

IPO Status

Closed

Price Band

₹91 - 96

Open Date

2025-06-13

Close Date

2025-06-17

IPO Size

₹31.68 Cr

Lot Size

1200 shares

Min Investment

₹1,15,200

Listing Exchange

BSE

Aten Papers & Foam Ltd IPO Application Timeline

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Open Date13 Jun 2025
passed
Close Date17 Jun 2025
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Allotment Date18 Jun 2025
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Listing Date20 Jun 2025

IPO Subscription Status

IPO subscribed over

🚀 1.467x

This IPO has been subscribed by 2.177x in the retail category and 2.907x in the QIB category.

Subscription Rate

Total Subscription1.467x
Retail Individual Investors2.177x
Qualified Institutional Buyers2.907x
Non Institutional Investors0.77x
NameAten Papers & Foam Ltdx

Strengths and Risks

Strengths

Strengths

  • Experienced Senior Management Team.

  • Variety of Products.

  • High Credibility with our Banker and existing lines of Credit since 2019.

  • In-house Logistics.

  • Ready Stock.


Risks

Risks

  • The company doesnt own any land or any other facilities including the current warehouses and registered offices. All of these properties are owned by its Promoter and Promoter Group and are provided on the rental basis to the company.

  • The Company is dependent on a few suppliers for purchase of product. Loss of any of these large suppliers may affect its business operations. Moreover, significant revenue of the company is from related party.

  • The Company has not entered into any agreements/ contracts for the supply of products. Risks related to shortfall or non-availability of products may adversely affect its manufacturing processes and have an adverse impact on the company operations and financial condition.

  • Its Group Companies and also Promoter Group Entities is engaged in similar line of business.

  • Historically, the company has been engaged in the business of Paper trading. Company is proposing to setup Waste paper processing Units. The activity of setting up a processing unit of wastepaper is a segment which the company has limited operating history, which, may make it difficult for the investor to evaluate its historical performance or future prospectus.

  • The company has a significant sale generated from state of Gujarat and any adverse developments affecting its operations in this state could have an adverse development affecting the company operation in this state could have an adverse impact on its revenue and results of operation.

  • Its Group company which constitutes a significant part of the company related party transactions M/s Majethia Papers Private Limited is currently involved a criminal case and in certain other tax related proceedings which are currently pending at various jurisdiction which may adversely affect the business of M/s Majethia Papers Private Limited impacting the scale of its business and affecting the going concern of the M/s Majethia Papers Private Limited which will ultimately affect its transactions and profitability ending up exposing the company to huge risk.

  • The company has not yet placed orders in relation to the funding Capital Expenditure towards Setting up of Wastepaper Processing Units. In the event of any delay in placing the orders, or in the event the lessors are not able to start the Civil work in a timely manner, or at all, may result in time and cost over-runs and its business, prospects and results of operations may be adversely affected. The company proposed processing Units plans are subject to the risk of unanticipated delays in implementation due to factors including delays in construction, obtaining regulatory approvals in timely manner and cost overruns.

  • The Company has lapsed /delayed in making the required filings under Companies Act, 2013 .

  • The Company is dependent on few numbers of customers for sales. Loss of any of this large customer may affect its revenues and profitability.

How to Apply for Aten Papers & Foam Ltd IPO on INDmoney

1

Download the INDmoney app and complete your KYC to open an account.

2

Go to the INDstocks section and tap on IPO, or search for ‘IPO’.

3

Select Aten Papers & Foam Ltd IPO from the list of live IPOs.

4

View key details like price band, lot size, and dates, then tap ‘Apply Now’.

5

Choose the number of lots and place your order via UPI.

6

Your funds will be blocked until the share allotment is finalized.

About Aten Papers & Foam Ltd

We operate as an important intermediary in the Paper Product Supply Chain. As a crucial middleman in the paper product supply chain, we procure paper from different paper mills and resell them to clients in the packaging products industry. Examples of these products include Kraft Paper and Duplex Board. We also purchase Wastepaper from stockiest and sell them to Paper mills which is crucial raw material for such mills. A wide range of grades, thicknesses, widths, and standards are available in our product portfolio for Kraft papers and Duplex boards and other according to customer specifications.

Frequently Asked Questions of Aten Papers & Foam Ltd IPO

What is the size of the Aten Papers & Foam Ltd IPO?

The size of the Aten Papers & Foam Ltd IPO is ₹31.68 Cr.

What is the allotment date of the Aten Papers & Foam Ltd IPO?

Aten Papers & Foam Ltd IPO allotment date is Jun 18, 2025 (tentative).

What are the open and close dates of the Aten Papers & Foam Ltd IPO?

The Aten Papers & Foam Ltd IPO will open on Jun 13, 2025 and close on Jun 17, 2025

What is the lot size of Aten Papers & Foam Ltd IPO?

The lot size for the Aten Papers & Foam Ltd IPO is 1200.

When will my Aten Papers & Foam Ltd IPO order be placed?

Your Aten Papers & Foam Ltd IPO order will be placed on Jun 13, 2025

Can we invest in Aten Papers & Foam Ltd IPO?

Yes, once Aten Papers & Foam Ltd IPO opens, you can invest in the shares of the company.

What would be the listing gains on the Aten Papers & Foam Ltd IPO?

The potential listing gains on the Aten Papers & Foam Ltd IPO will depend on various market factors and cannot be predicted with certainty.

What is 'pre-apply' for Aten Papers & Foam Ltd IPO?

'Pre-apply' for Aten Papers & Foam Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.