Abril Paper Tech IPO: Subscription Opens on August 29 – Price, Dates & Key Details
Abril Paper Tech Ltd is set to launch its SME IPO worth ₹13.42 crore through a fixed price issue. The offering consists entirely of a fresh issue of 22 lakh equity shares, and the company will list on the BSE SME platform.
The IPO opens for public subscription on August 29, 2025, and closes on September 2, 2025. The basis of share allotment is expected to be finalized on September 3, 2025, with the tentative listing date scheduled for September 5, 2025.
Key IPO Highlights
- IPO Size: ₹13.42 crore
- Price per Share: ₹61
- Lot Size: 2,000 shares
- Retail Minimum Investment: ₹2,44,000 (4,000 shares / 2 lots)
- HNI Minimum Investment: ₹3,66,000 (6,000 shares / 3 lots)
Lead Managers & Registrar
- Book Running Lead Manager: Interactive Financial Services Ltd
- Registrar: Kfin Technologies Ltd
- Market Maker: B.N. Rathi Securities Ltd
Investors looking for detailed financials and objectives of the issue can check the company’s DRHP (Draft Red Herring Prospectus) for more insights.
Abril Paper Tech IPO Details
| IPO Details | Information |
|---|---|
| IPO Date | August 29, 2025 to September 2, 2025 |
| Listing Date | September 5, 2025 (Tentative) |
| Face Value | ₹10 per share |
| Issue Price | ₹61 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 22,00,000 shares (₹13.42 Cr) |
| Reserved for Market Maker | 1,12,000 shares (₹0.68 Cr) – B.N.Rathi Securities Ltd. |
| Net Offered to Public | 20,88,000 shares (₹12.74 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 57,81,840 shares |
| Share Holding Post Issue | 79,81,840 shares |
Abril Paper Tech IPO Timeline (Tentative Schedule)
| Event | Date |
|---|---|
| IPO Open Date | Friday, Aug 29, 2025 |
| IPO Close Date | Tuesday, Sep 2, 2025 |
| Tentative Allotment | Wednesday, Sep 3, 2025 |
| Initiation of Refunds | Thursday, Sep 4, 2025 |
| Credit of Shares to Demat | Thursday, Sep 4, 2025 |
| Tentative Listing Date | Friday, Sep 5, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM, September 2, 2025 |
Abril Paper Tech IPO Lot Size
Investors are required to place a minimum bid of 4,000 shares, with subsequent bids allowed in multiples of 2,000 shares. The table below shows the minimum and maximum investment applicable for retail investors and HNIs in terms of lots, shares, and investment amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Investors (Retail) – Min | 2 | 4,000 | ₹2,44,000 |
| Individual Investors (Retail) – Max | 2 | 4,000 | ₹2,44,000 |
| HNI (Min) | 3 | 6,000 | ₹3,66,000 |
Abril Paper Tech IPO Reservation
The Abril Paper Tech IPO consists of a total of 22,00,000 equity shares, with 10,44,000 shares (47.45%) reserved for Non-Institutional Investors (NII) and another 10,44,000 shares (47.45%) allocated to Retail Individual Investors (RII).
| Investor Category | Shares Offered |
|---|---|
| Market Maker | 1,12,000 (5.09%) |
| NII (HNI) | 10,44,000 (47.45%) |
| Retail Individual Investors (RII) | 10,44,000 (47.45%) |
| Total | 22,00,000 (100%) |
Abril Paper Tech IPO Promoter Holding
The promoters of the company are Vipul Dobariya, Ashvinbhai Lathiya, and Prince Lathiya.
| Promoter Holding | Percentage |
|---|---|
| Pre-Issue | 85.20% |
| Post-Issue | 61.71% |
Note: The change in holding is due to equity dilution (Pre-Issue – Post-Issue).
About Abril Paper Tech Ltd
Founded in 2023, Abril Paper Tech Ltd specializes in the production of Sublimation Heat Transfer Paper. The company manufactures a wide range of paper products, from 30 GSM to 90 GSM, in sizes varying between 24 inches to 72 inches.
Its products serve multiple segments of the digital printing industry, including printing solutions for garments, textiles, hosiery, home furnishings, curtains, and furniture.
The company’s modern manufacturing facility is located in Palsana, Gujarat.
Competitive Strengths
- Superior product quality
- Strong presence across diverse markets
- Focus on technological innovation
- Consistent quality standards
- Wide customization options and product range
- Competitive pricing
Company Financials
Abril Paper Tech Ltd. Financial Overview (Restated)
Between the financial years ending March 31, 2024, and March 31, 2025, the company recorded a 142% growth in revenue, while its profit after tax (PAT) increased by 52%.
| Particulars | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|
| Assets | ₹12.97 Cr | ₹8.13 Cr |
| Total Income | ₹60.91 Cr | ₹25.13 Cr |
| Profit After Tax (PAT) | ₹1.41 Cr | ₹0.93 Cr |
| EBITDA | ₹2.01 Cr | ₹1.66 Cr |
| Net Worth | ₹10.52 Cr | ₹5.64 Cr |
| Reserves and Surplus | ₹4.74 Cr | ₹0.43 Cr |
| Total Borrowing | ₹1.07 Cr | – |
(All amounts are in ₹ Crore, as per restated financial statements.)
Key Performance Indicators (KPI)
As of March 31, 2025, Abril Paper Tech Ltd. has an estimated market capitalization of ₹48.69 crore.
KPI
| KPI | Values |
|---|---|
| ROE | 18.03% |
| ROCE | 16.38% |
| Debt/Equity | 0.10 |
| RoNW | 13.43% |
| PAT Margin | 2.32% |
| EBITDA Margin | 3.30% |
| Price to Book Value | 3.35 |
Pre vs Post IPO
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 2.44 | 1.77 |
| P/E (x) | 24.96 | 34.46 |
Note: EPS & P/E ratios are calculated based on pre-issue and post-issue equity capital.
