Nikita Papers IPO scheduled to start on May 27, 2025, and will remain open for subscription till May 29, 2025. The allotment is expected to be finalized on May 30, 2025, and the shares are proposed to be listed on the NSE SME platform on June 3, 2025.
It is a book-built issue aiming to raise ₹67.54 crores entirely through a fresh issue of 64.94 lakh equity shares. The price band for the IPO is set between ₹95 to ₹104 per share.
Retail investors have a 35% quota, while QIB and HNI portions are 50% and 15% respectively. The minimum application size is 1,200 shares, requiring a minimum investment of ₹1,14,000. However, it is advisable for investors to bid at the cutoff price, which amounts to ₹1,24,800, to improve chances of allotment in case of oversubscription. For HNI investors, the minimum investment starts from 2 lots (2,400 shares) costing ₹2,49,600.
Financially, the company reported a revenue of ₹346.78 crores in 2024 compared to ₹401.31 crores in 2023, while profits nearly doubled from ₹8.65 crores to ₹16.60 crores in the same period, making this IPO a good option for long-term investors.
Nikita Papers Limited, established in 1989, is a well-known name in the paper manufacturing industry, producing a wide range of paper grades suitable for industrial, commercial, and printing use. The company is especially focused on making eco-friendly products, using recycled materials and sustainable practices in its manufacturing processes. Nikita Papers mainly produces high-quality Kraft Paper, ranging from 70 to 200 GSM, used for packaging, wrapping, bags, and other eco-conscious applications. With a strong presence in both Indian and international markets, the company is supported by a skilled workforce of 208 employees as of May 09, 2025.
Over the years, Nikita Papers has expanded its production from 3,000 TPA to 180,000 TPA, showing its steady growth and success. The company also stands out due to its experienced promoters, modern machinery, and strategic location. With over 29 years of excellence in Kraft Paper production, Nikita Papers continues to focus on quality, customer satisfaction, and innovation. Their aim is to promote a greener future by encouraging the use of 100% recyclable paper, made through advanced techniques and efficient engineering practices.
Overview of Contents
Nikita Papers IPO Overview
| IPO Name | Nikitha Papers |
|---|---|
| Type of Issue | Book Build IPO |
| Proposed Listing Exchange | NSE SME platform |
| Face Value per Share | ₹10 each |
| IPO Price Range | ₹95 to ₹104 per equity share |
| Lot Size for Application | 1,200 shares per lot |
| Total Equity Shares Offered | 64,94,400 shares |
| Total IPO Issue Size | Approximately ₹67.54 crore |
| Nature of Issue | 100% Fresh Equity Shares |
| Pre-Issue Equity Shares | 1,81,73,500 shares |
| Post-Issue Equity Shares | 2,46,67,900 shares |
| Market Maker Allocation | 3,26,400 shares |
| Retail Investor Quota | Up to 35% of the issue |
| Qualified Institutional Buyers (QIB) | Up to 50% |
| Non-Institutional Investors (NII/HNI) | Up to 15% |
Nikita Papers IPO Prospectus
| DRHP | Click here |
|---|---|
| RHP | Click here |
Nikita Papers IPO Dates
| Event | Date |
|---|---|
| IPO Open Date | May 27, 2025 (Tuesday) |
| IPO Close Date | May 29, 2025 (Thursday) |
| Basis of Allotment | May 30, 2025 (Friday) |
| Initiation of Refunds | June 2, 2025 (Monday) |
| Shares Credited to Demat | June 2, 2025 (Monday) |
| IPO Listing Date | June 3, 2025 (Tuesday) |
Nikita Papers IPO Review
- Sushil Finance –
- Swastika Investmart –
- Ventura Securities –
- Canara Bank –
- DRChoksey FinServ –
- Emkay Global –
- Hem Securities –
- IDBI Capital –
- Marwadi Shares –
- Nirmal Bang –
- SBICAP Securities –
- Sharekhan –
- SMC Global –
- Geojit –
- Reliance Securities –
- Capital Market –
- BP Wealth –
- ICICIdirect –
- Choice Broking –
Nikita Papers IPO Lot Size
For the Nikita Papers IPO, investors need to apply for a minimum of 1 lot, which consists of 1,200 equity shares. Applications can only be made in multiples of this lot size. The table below provides a breakdown of the investment amounts required for both Retail Individual Investors and High Net-Worth Individuals (HNIs) based on the lot size and upper price band. Retail investors can apply for just one lot, while HNIs need to apply for at least two lots or more.
| Category | Number of Lots | Total Shares | Investment Amount (Approx.) |
|---|---|---|---|
| Retail (Minimum) | 1 Lot | 1,200 Shares | ₹1,24,800 |
| Retail (Maximum) | 1 Lot | 1,200 Shares | ₹1,24,800 |
| HNI (Minimum) | 2 Lots | 2,400 Shares | ₹2,49,600 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Magnum Ventures Limited | 2.74 | 13.08 | 26% | 115.64 | 13.43 Cr. |
| Tamilnadu Newsprint and Papers Limited | 4.77 | 9.48 | 10% | 301.94 | 32.99 Cr. |
| Ruchira Papers Limited | 3.23 | 8.68 | 12% | 138.81 | 9.64 Cr. |
| Pakka Limited | 2.19 | 19.28 | 20% | 67.58 | 8.59 Cr. |
Objects of the Issue
- Issue Expenses
- Capital Expenditure towards setting up of Power Plant
- Working Capital Requirement
- General Corporate Purposes
Nikita Papers IPO Promoter Holding
The promoters of Nikita Papers Limited include members of the Bansal family and their respective HUFs. Key promoters are Mr. Ashok Kumar Bansal, Mr. Sudhir Kumar Bansal, Mr. Ayush Bansal, Mr. Abhinav Bansal, Mr. Anuj Bansal, and related HUF entities. Below is the promoter shareholding before and after the
| Shareholding | Percentage |
|---|---|
| Pre-Issue Holding | 80.38% |
| Post-Issue Holding | 59.22% |
Nikita Papers IPO Financial Performance
Nikita Papers has shown steady growth in its financial performance over the years, with rising profits and a strong increase in net worth and assets. The company has consistently improved its revenue base while maintaining a solid financial structure. Below is the summary of key financial figures over recent periods:
| Financials (₹ in Crore) | Dec 31, 2024 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 |
|---|---|---|---|---|
| Total Assets | 349.78 | 299.00 | 256.80 | 235.30 |
| Revenue | 272.38 | 346.78 | 401.31 | 358.49 |
| Profit After Tax | 15.68 | 16.60 | 8.65 | 6.95 |
| Net Worth | 93.05 | 77.37 | 54.74 | 46.10 |
| Reserves & Surplus | 74.88 | 59.20 | 46.13 | 37.48 |
| Total Borrowings | 206.71 | 189.24 | 163.02 | 124.74 |
Nikita Papers IPO Valuation Snapshot – FY2024
The financial ratios for FY2024 highlight the company’s efficient use of capital and consistent profitability. With a solid Return on Net Worth and healthy margins, Nikita Papers presents a fundamentally strong profile. Here’s a look at key valuation indicators:
| Valuation Metric | Value |
|---|---|
| Return on Net Worth (RoNW) | 21.46% |
| Earnings Per Share (EPS) | ₹9.81 (Basic) |
| Net Asset Value (NAV) | ₹42.57 |
| Return on Equity (ROE) | 21.45% |
| Return on Capital Employed | 28.71% |
| EBITDA Margin | 14.29% |
| PAT Margin | 4.79% |
| Debt-to-Equity Ratio | 0.45 |
| Price-to-Earnings (P/E) | N/A |
Nikita Papers IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: [email protected]
Website: https://www.skylinerta.com/ipo.php
IPO Lead Managers aka Merchant Bankers
- Fast Track Finsec Pvt Ltd
Company Address
Nikita Papers Limited
A-10 Floor 1st Land Mark,
Near Deepali Chowk Saraswati Vihar,
Pitampur
Phone: +91-7300712189
Email: [email protected]
Website: http://www.nikitapapers.com/
Nikita Papers IPO FAQs
What are the Nikita Papers IPO opening and closing dates?
The Nikita Papers IPO will open on May 27, 2025 (Tuesday) and will close on May 29, 2025 (Thursday).
What is the price band of the Nikita Papers IPO?
The IPO price band is set between ₹95 to ₹104 per share.
What is the lot size for the Nikita Papers IPO?
Investors can apply for a minimum of 1 lot (1,200 shares). The minimum investment for retail investors is ₹1,24,800.
How much is the total issue size of the Nikita Papers IPO?
The total issue size is approximately ₹67.54 crores, which is a fresh issue of 64.94 lakh shares.
What type of IPO is Nikita Papers launching?
Nikita Papers is launching a Book Build Issue IPO to be listed on the NSE SME platform.
When will the IPO allotment be finalized?
The basis of allotment is expected on May 30, 2025 (Friday).