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  1. Abril Paper Tech IPO opens for subscription; check issue price, objectives, lot size and more

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Abril Paper Tech IPO opens for subscription; check issue price, objectives, lot size and more

Upstox

3 min read | Updated on August 29, 2025, 10:10 IST

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SUMMARY

Abril Paper Tech IPO has fixed the price at ₹61 per equity share for its ₹13.42-crore initial public offering (IPO), which is entirely a fresh issue of 22 lakh shares.

Abril Paper Tech Ltd is engaged in making and marketing sublimation paper rolls and related products. | Image: abrilpowertech.com

Abril Paper Tech Ltd is engaged in making and marketing sublimation paper rolls and related products. | Image: abrilpowertech.com

Abril Paper Tech IPO: Sublimation heat transfer paper maker Abril Paper Tech's initial public offering opened for subscription on Friday, August 29. The issue will end on September 2.

The company has fixed the price at ₹61 per equity share for its ₹13.42-crore initial public offering (IPO), which is entirely a fresh issue of 22 lakh shares.

The money raised will be utilised to the tune of ₹5.40 crore for two additional fully automatic sublimation paper coating and slitting machines, ₹5 crore for working capital requirements and ₹2.01 crore for corporate general purposes. A part will also be used for public issue expenses.

Abril Paper Tech IPO lot size

The least investment for an individual investor is two lots or 4,000 shares.

Abril Paper Tech IPO key dates

EventDate
Subscription periodAugust 29 to September 2
Basis of allotmentSeptember 3
Initiation of RefundsSeptember 4
Credit of Shares to DematSeptember 4
Listing date on BSE SMESeptember 5

The company's promoters, Ashvinbhai Lathiya, Vipul Dobariya, and Prince Lathiya, hold an 85.20% stake, which will be reduced to 61.71% post-issue.

Prince Lathiya, Non-Executive Director of Abril Paper Tech Ltd, said, "We have built a strong foundation in the sublimation and heat transfer paper industry, and the fresh funds will enable us to expand capacity, upgrade technology, and strengthen our market presence."

Abril Paper Tech Ltd is engaged in making and marketing sublimation paper rolls and related products. It caters to diverse applications in the garment, printing, textile, curtain, hosiery and furniture industries.

The company's production and warehousing facility is located in Surat with an installed capacity of 600 lakh metres per annum.

Its revenue from operations stood at ₹60.91 crore and net profit at ₹1.41 crore in FY25.

Interactive Financial Services is the IPO's sole book-running lead manager, while KFin Technologies serves as the registrar.

Abril Paper Tech IPO latest GMP

According to media reports and investorgain.com, Abril Paper Tech's unlisted shares are trading at ₹65 per share, reflecting a grey market premium of 6.56% over the upper price band of ₹61.

With PTI inputs
Disclaimer: Grey Market Premium, or GMP, is an unofficial indicator of market sentiment toward an IPO. It is not regulated by the stock exchanges or SEBI. Upstox neither supports nor encourages grey market trading. Investors are advised to conduct their own research or consult an expert before making any investment decisions.
To learn more about IPOs, their listings, schedules, and upcoming IPOs, visit our page.
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