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Nikita Papers IPO
1.05xsubscribed

Nikita Papers IPO

Paper & Paper Products
listed
₹1.14LMin. investment

Nikita Papers Limited IPO Details

SectorPaper & Paper Products
Price range₹95.00 – ₹104
IPO type
SME
Lot size1200 shares
Issue size₹67Cr
Red Herring Prospectus
Read
Market cap
₹256.55CrLower than sector avg
RevenueApr 2023 - Mar 2024
₹338.6CrLower than sector avg
Growth rate3Y CAGR
-2.53%Lower than sector avg

Nikita Papers IPO Subscription Status

Date
QIB
NII
Retail
Total
27-May-25
0.43 times (X)
0.0 times (X)
0.74 times (X)
0.48 times (X)
28-May-25
0.43X
0.0X
1.09X
0.63X
29-May-25
0.74X
0.0X
1.82X
1.05X

As on 27-May-25, 5:30 PM

Nikita Papers IPO Timeline

  1. Pre-apply
    23 May 2025
  2. Bid start
    27 May 2025
  3. Bid end
    29 May 2025
  4. Allotment
    30 May 2025
  5. Release of funds
    2 Jun 2025
  6. Demat transfer
    2 Jun 2025
  7. Listing
    3 Jun 2025

About Nikita Papers Limited

Established in 1989, Nikita Papers is into the manufacturing of Kraft paper ranging from 80 to 200 GSM. Kraft paper finds widespread use in various forms, like wrapping parcels. The company’s diverse product offering allows it to cater to a wide range of customer needs within the paper industry. The company has an installed capacity of approximately 1.3 lakh MT in FY24 with a capacity utilisation of over 90%. In FY24, the company earned 71.26% of the total revenue from its top ten customers.

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Objectives of Nikita Papers Limited IPO

Capital Expenditure
74.00%
The company will use ₹50 crore to set up a power plant
General Corporate Purposes
18.60%
Part of the IPO proceeds will be used for general corporate purposes and strategic initiatives.
Working capital requirements
7.40%
The company will spend ₹5 crore to fund the working capital requirements.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹338.6Cr-2.53%₹16.6Cr₹256.55Cr10.600.30
This sector (avg.)₹486.02Cr0.02%-₹18.99Cr₹455.32Cr21.590.89
₹6,718.07Cr---₹411.98Cr₹5,538.61Cr18.600.35
₹4,062.29Cr---₹335.64Cr₹2,648.23Cr14.700.13
₹0----₹0.19Cr₹2,155.93Cr109.865.95

*Revenue for financial year 2023-24. Lower P/E and D/E ratios are generally preferred.

Nikita Papers IPO Contact Details

Company NameNikita Papers Limited

How to apply for Nikita Papers IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Nikita Papers Limited IPO FAQs