Aten Papers IPO Date, Review, Price, Allotment Details
Amaan Khan | April, 2025
Aten Papers & Foam Private Limited is all set to launch its IPO in 2025. The IPO will open in 2025 and close in 2025 (exact dates to be updated). It will be a Book Built Issue, with the company aiming to raise around ₹31.68 crores through a fresh issue of shares. Additionally, there will be an Offer for Sale (OFS) component, although the exact number of equity shares under OFS has not yet been disclosed. Each share will carry a face value of ₹10.
The price band for Aten Papers IPO is set between ₹91 to ₹96 per share, making it accessible to a wide range of investors. The IPO will follow a quota allocation with 50% reserved for Qualified Institutional Buyers (QIBs), 35% for retail investors, and 15% for High Net-worth Individuals (HNIs). Upon successful completion, the shares are planned to be listed on the BSE (Bombay Stock Exchange) sometime in 2025.
The allotment date for the Aten Papers IPO is expected in 2025, although the exact schedule will be announced closer to the launch.
Company Financials: Strong Growth Story
Financially, Aten Papers & Foam has demonstrated solid growth over the past year. The company reported a revenue of ₹96.80 crores in FY 2024, compared to ₹91.00 crores in FY 2023 — reflecting a healthy year-on-year increase. Moreover, the Profit After Tax (PAT) grew significantly from ₹0.50 crores in FY 2023 to ₹2.78 crores in FY 2024, showcasing substantial improvement in profitability.
This consistent growth in revenue and profits, along with strengthening asset values, suggests that Aten Papers & Foam is on a positive trajectory.
![Aten Papers IPO open date is 2025 and the IPO will close on 2025. Aten Papers IPO is a Book Built Issue. The company to raise around ₹31.68 crores via IPO that comprises fresh issue of ₹31.68 crores and offer for sale up to [.] equity shares with face value of ₹10 each.](https://moneygrowths.com/wp-content/uploads/2025/04/www.moneygrowths.com-1-1.png)
LOT SIZE
The Aten Papers IPO minimum market lot is 1200 shares with ₹1,15,200 application amount.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1200 | ₹1,15,200 |
| Retail Maximum | 1 | 1200 | ₹1,15,200 |
| S-HNI Minimum | 2 | 2,400 | ₹2,30,400 |
Key Performance Indicator (KPI)
The company reported revenue of ₹96.80 crores in 2024 against ₹91.00 crore in 2023. The company reported profit of ₹2.78 crores in 2024 against profit of ₹0.50 crores in 2023.
Amount ₹ in Crores
| KPI | Values |
|---|---|
| ROE: | 49.31% |
| ROCE: | 23.23% |
| EBITDA Margin: | 5.32% |
| PAT Margin: | 2.87% |
| Debt to equity ratio: | 2.23 |
| Earning Per Share (EPS): | ₹3.97 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 39.55% |
| Net Asset Value (NAV): | ₹10.05 |
IPO Details
| IPO Open Date: | 2025 |
|---|---|
| IPO Close Date: | 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹91 to ₹96 Per Share |
| Issue Size: | Approx ₹31.68 Crores |
| Fresh Issue: | Approx ₹31.68 Crores |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Important Dates
The Aten Papers IPO date is 2025 and the close date is 2025. The Aten Papers IPO allotment will be finalized on 2025 and the IPO listing on 2025.
| IPO Open Date: | 2025 |
|---|---|
| IPO Close Date: | 2025 |
| Basis of Allotment: | 2025 |
| Refunds: | 2025 |
| Credit to Demat Account: | 2025 |
| IPO Listing Date: | 2025 |
Wagons Learning IPO Company Financial Report
The company reported revenue of ₹96.80 crores in 2024 against ₹91.00 crore in 2023. The company reported profit of ₹2.78 crores in 2024 against profit of ₹0.50 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
|---|---|---|---|---|
| 2022 | ₹89.82 | ₹88.77 | ₹0.76 | ₹27.85 |
| 2023 | ₹91.00 | ₹90.31 | ₹0.50 | ₹29.62 |
| 2024 | ₹96.80 | ₹93.08 | ₹2.78 | ₹32.92 |
| Sep-24 | ₹58.18 | ₹53.08 | ₹3.82 | ₹37.82 |
About Promoters & Company
The promoters of the company are Mr. Mohamedarif Mohamedibrahim Lakhani And Mrs. Amrin Lakhani.
Aten Papers & Foam Private Limited, established on January 7, 2019, is engaged in sourcing paper from various mills and delivering it to consumers across markets. The company’s growth trajectory is fueled by the expertise and commitment of its management team. Operating in a highly competitive sector, Aten competes with both large, organized corporations and smaller, regional players.
Financially, the company has shown strong progress. Revenue grew from ₹91.00 crores in 2023 to ₹96.80 crores in 2024. Similarly, the Profit After Tax (PAT) witnessed a significant jump from ₹0.50 crores in 2023 to ₹2.78 crores in 2024. Given the steady rise in revenue, profits, and asset base, Aten Papers & Foam’s IPO presents itself as a solid opportunity for long-term investors.
Peer Group companies comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| NA | NA | NA | NA | NA | – Cr. |
| NA | NA | NA | NA | NA | – Cr. |
Objectives of IPO
Investment in Capital Expenditure
Funding Working Capital Needs
General Corporate Activities
Aten Papers IPO Registrar
Skyline Financial Services Private Limited
Phone: +011-40450193-197
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
Merchant Bankers
- Swastika Investmart Limited
Check Grey market premium at below
Company Address
Aten Papers & Foam Private Limited
Block-A, 102/A, F. F, Tirmizi Heights,
Opp Bombay Housing Colony,
Near Kirtikunj Society,
Ahmedabad 380028,
Gujarat, India
Phone No: +91-9537861212
Email: cs@atenpapers.com
Website: www.atenpapers.com