Shreenath Paper Products Limited IPO

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Shreenath Paper Products Limited operates as a supply chain solutions provider specializing in various types of paper products required by industries that rely heavily on coating-based paper, food-grade paper, machine-glazed paper, and pressure-sensitive adhesive (PSA) paper.

Product Offerings

The company supplies a wide variety of paper-based raw materials, including but not limited to:
i. Sublimation base paper                                                         ii. Thermal base paper
iii. Straw paper                                                                           iv. Cone sleeve paper
v. Cup stock paper                                                                     vi. Poster paper
vii. Security PSA sheet                                                             viii. Transcode PSA sheet
ix. Filmic & digital PSA sheet                                                    x. Removable PSA sheet
xi. Permanent PSA sheet                                                          xii. C2S (Coated on both sides) paper and board
xiii. C1S (Coated on one side) paper                                       xiv. High-bright and low-bright paper
xv. High-strength paper

The company deals with paper in various grades ranging from 24 GSM to 350 GSM, which are manufactured using:
i. Recycled waste paper                                                             ii. Bagasse-based materials (agricultural waste)
iii. Virgin pulp

Industry Applications & Clientele

The paper products supplied by the company cater to a diverse range of industries, including:
i. FMCG                                                                                         ii. Textile Industry
iii. Banking & Finance                                                                iv. Restaurants & Food & Beverage Industry
v. Automobile Industry                                                              vi. E-Commerce
vii. Pharmaceuticals                                                                   viii. White Goods & Household Products
ix. Security Labels & Commercial Printing                             x. Educational Sector
xi. Advertising & Branding Industry                                        xii. Utensils & Household Industry

Geographical Presence:-
Shreenath Paper Products Limited primarily operates in the domestic market, with a strong focus on:
i. Maharashtra                                 ii. Gujarat                                 iii. Madhya Pradesh

Conclusion

Shreenath Paper Products Limited operates as a key supply chain partner for various industries that rely on specialized paper products. By acting as a bridge between manufacturers and end-users, the company ensures a steady and reliable supply of high-quality paper materials for diverse industrial applications. The strategic leadership, strong distribution network, and customer-centric approach have contributed to its sustained growth in the competitive paper industry sector.

Objects of the Shreenath Paper Products Limited IPO:

The Company proposes to utilize the Net Proceeds from the Issue towards the following objects: i. Meeting incremental working capital requirements ii. General corporate purposes.

Shreenath Paper Products Limited IPO Details:

Open Date: Feb 25 2025
Close Date: Feb 28 2025
Total Shares: 53,10,000
Face Value: ₹ 10 Per Equity Share
Issue Size: 23.36 Cr.
Lot Size: 3000 Shares
Issue Price: ₹ 44 Per Equity Share
Listing At: BSE SME
Listing Date: Mar 05 2025

Promoters And Management:

Alok Parekh, Chairman & Managing Director of the company, holds a B.E. in Information Technology from Dr. Babasaheb Ambedkar Marathwada University. Associated with the company since inception, he oversees vendor & customer relationships, finance, and accounting, with 10+ years of experience in supply chain solutions. Ronak Parekh, Whole-time Director & CEO, holds a BMS and MMS from the University of Mumbai. Associated with the company since 2011, he leads marketing and product innovation, bringing 10+ years of experience in supply chain solutions. Aditya Daultabadkar, Non-Executive Director, holds an MDS in Periodontics from Maharashtra University of Health Sciences, Nashik. Associated with the company since 2023, he has 13+ years of experience in private dental practice.

Financials of Shreenath Paper Products Limited IPO:

To be updated shortly.

Comparison With Peers:

To be updated shortly.

Recommendation on Shreenath Paper Products Limited IPO:

To be updated shortly.

Lead Manager of Shreenath Paper Products Limited IPO:

  1. Galactico Corporate Services Limited

Registrar of Shreenath Paper Products Limited IPO:

  1. Bigshare Services Private Limited

Company Address:

Shreenath Paper Products Limited Shop no. 5, Plot no.136, N-1, Masco Corner API Road, Cidco, Aurangabad, 431003 Phone: +91 0240-2489888 Email: info@shreenathpaper.com Website: https://shreenathpaper.com/

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