Nikita Papers Limited IPO

Nikita Papers Limited IPO

SME NSE SME 100% Book Built Offer
Closed

Price Band

₹95 - ₹104

Total Issue

₹67.54 Cr

Bid Dates

27 May - 29 May

Subscription

1.83x

Est. GMP

₹1 (0.96%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Nikita Papers Limited is a public company engaged in the manufacturing of kraft paper, with operations dating back to 1992. Originally incorporated as a private limited company in 1989, it transitioned to a public limited company in 2003. Part of the Nikita Group, the company operates a manufacturing unit in Shamli, Uttar Pradesh, which has grown from an initial capacity of 30 tons per day to an installed capacity of approximately 133,000 metric tons per annum. Nikita Papers produces kraft paper ranging from 80 to 200 GSM across various Burst Factor (B.F.) ranges, catering to the specialty paper market in India. It is led by a team of experienced directors, including Managing Director Mr. Ashok Kumar Bansal, who brings over 35 years of industry experience, with more than 25 years in the paper sector.

Lot Info

Lot Information for Nikita Paper IPO
Category Lots Shares Amount
Individual (Min) 1 1,200 ₹1,24,800
Individual (Max) 1 1,200 ₹1,24,800
S-HNI (Min) 2 2,400 ₹2,49,600
S-HNI (Max) 8 9,600 ₹9,98,400
B-HNI (Min) 9 10,800 ₹11,23,200
Market Maker
3,26,400 EQ Shares
Employee
₹0.00
Shareholder
₹0.00

Issue Size

Total ₹67.54 Cr
Fresh Issue
₹67.54 Cr (0.65 Cr Shares)
Offer For Sale
₹0.00 (0.00 Shares)

Objects of Issue

  1. To meet Capital expenditure towards setting up a Power Plant
  2. To meet out the Working Capital requirements of the Company
  3. To meet out the General Corporate Purposes
  4. To meet out the Issue Expenses

Grey Market Premium

GMP ₹1
Est. Price ₹105
Est. Gain 0.96%

Nikita Paper IPO Peer Comparison

(Rs. in crores)

Nikita Paper IPO Peer Comparison Table
Particulars Nikita Papers Magnum Ventures Tamilnadu Newsprint and Papers Ruchira Papers Pakka
Revenue from Ops (in Crs.) 338.60 460.84 4,643.36 657.60 404.74
PAT (In Crs.) 16.60 24.70 208.16 49.19 48.67
EPS - Basic 8.63 5.04 30.08 16.48 12.57
NAV per share 51.20 115.64 301.94 138.81 67.58
RONW 16.85% 3.62% 10% 12% 18.38%
EBITDA 14.29% 13.03% 18.06% 12.83% 23.61%
PAT Margin 4.90% 5.36% 4.48% 7.48% 12.02%
Price to earning (PE) 10.60 10.64 76.41 6.48 18.98
  • All the information pertains to FY 2023-24
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of MAY 19, 2025 for Peers

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Nikita Paper IPO
Particulars Dec-24 Mar-24 Mar-23 Mar-22
Revenue from Operations 265.14 338.60 398.33 356.41
Profit after Tax 15.68 16.60 8.65 6.95
Net Worth 93.05 77.37 54.74 46.10
Total Borrowing 206.71 189.24 163.02 124.74
Total Assets 349.78 299.00 256.80 235.30
NAV per share (in ₹) 51.20 42.57 33.45 28.17
EPS - Basic (in ₹) 8.63 9.81 5.28 7.05

KPIs

EBITDA

14.29%

PAT

4.79%

ROE

21.45%

ROCE

28.71%

PE Ratio

10.60

PB Ratio

2.44

Mkt Cap (in Crs.)

256.55

  • All Ratios are based on Mar 23-24
  • PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.

Shareholding

Promoter

80.38%

Public

19.62%

Ashok Kumar Bansal 14.00%
Sudhir Kumar Bansal 9.77%
Anuj Bansal 5.53%
Sandhya Bansal 5.21%
Other Promoter 45.87%

Management

Mr. Ashok Kumar Bansal MD
Mr. Sudhir Kumar Bansal Chairman
Mr. Atul Aeron CFO

Registrar & Lead Managers

Registrar

Skyline Financial Services

Skyline Financial Services

Lead Managers (1)

Fast Track Finsec Fast Track Finsec

Subscription Status

Updated as on 29-May-2025 19:00:39 hrs

Category Sub (x) Offered Bids
QIB 1.33x 12,33,600 16,40,400
NII 2.47x 9,25,200 22,82,400
Individual Investor 1.84x 21,58,800 39,66,000
Total 1.83x 43,17,600 78,88,800

Frequently Asked Questions

What is Nikita Paper IPO?
Nikita Paper IPO is a SME IPO having an issue size of ₹67.54 Crs. Nikita Paper IPO is priced at ₹95 - ₹104 per share. The issue opens on 27 May 25 and closes on 29 May 25.
When will Nikita Paper IPO open?
Nikita Paper IPO opens on 27 May 25 and closes on 29 May 25.
What is the GMP of Nikita Paper IPO?
The estimated Grey Market Premium of Nikita Paper IPO is ₹1 per share (0.96%).
What is the lot size of Nikita Paper IPO?
The minimum lot size of Nikita Paper IPO is 1200 shares & the minimum application amount is Rs. 124800.
When is the allotment of Nikita Paper IPO?
The allotment date of Nikita Paper IPO is 30 May 25.
What is the listing date of Nikita Paper IPO?
The listing date of Nikita Paper IPO is 03 Jun 25.
What is the subscription of Nikita Paper IPO?
Nikita Paper IPO is subscribed 1.83 times.
What is the price band of Nikita Paper IPO?
Nikita Paper IPO is priced at ₹95 - ₹104 per share.
How to check allotment status of Nikita Paper IPO?
Click the allotment link on Nikita Paper IPO page of IPO360.
How to apply Nikita Paper IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Nikita Paper IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Nikita Paper IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Nikita Paper IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date