|
Issue Open Date
|
30-Sep-24
|
|
Issue Closing Date
|
03-Oct-24
|
|
Application Money
|
100
|
|
Allotment Money
|
|
|
|
|
Price Band
|
144
-
152
|
|
Minimium Application No.
|
800
|
|
Issue Size (Shares)
|
4408000
|
|
Market Lot
|
1
|
|
|
|
Objective
|
a) Investment in Subsidiary for Financing its Capital Expenditure requirementsb) General Corporate Purposes
|
|
|
|
Category
|
No. of Shares
|
No. of Shares
|
Subscription Ratio
|
|
Offered / Reserved |
Bid For |
|
Non-Institutional Investors
|
1187200
|
213902400
|
180.173854447439
|
Qualified Institutional Buyers
|
1171200
|
66974400
|
57.1844262295082
|
Retail Individual Investors
|
2049600
|
100378400
|
48.9746291959407
|
|
|
|
Business Description
We are a company engaged in the manufacturing of Kraft Paper and Paper Products. We proudly call ourselves as a packaging solution providing company. Subam started its journey in the year 2004 with manufacturing of paper cones and later expanded the product base by adding Duplex board and Kraft paper in its portfolio. Our company is not like the traditional paper manufactures, we do not manufacture our products from wood pulp but instead we use waste paper as our raw material. We aim to preserve mother nature and tend to drive our company on the principle of recycling. Our company leverages wastepaper as the primary raw material in the production of Kraft Paper and Duplex Board.
|
|
Promoter's Holding
|
|
Total Share Capital
|
16193672
|
|
Offered to Public
|
4408000
|
|
Promoter's Holding (Pre-Issue)
|
94.81
|
|
Promoter's Holding (Post-Issue)
|
69.67
|
|
|
|
|
|
|
|
Address |
S. F. No. 143-146 Vaduganpatti Village Nadukallur To Tirunelveli
Tirunelveli,
Tamil Nadu,
627010
Phone : 9486303300
Email : info@subampapers.com
Website : www.subampapers.com
|
|
Registrar |
Bigshare Services Pvt Ltd
Office No S6-2 6th Floor Pinnacle Business Park Next to Ahura Centre Mahakali Caves Road Andheri (E) Mumbai
|
|
Listed at |
BSE
|
|
Lead Manager |
Gretex Corporate Services Ltd.
|
|
Promoters |
Sudha Alagarsamy T Balakumar
|
|