Nikita Papers IPO - Details
Nikita Papers Limited’s IPO opens on May 27, 2025, and closes on May 29, 2025. The company plans to raise around ₹67.54 crore through a fresh issue of equity shares, priced between ₹95 and ₹104 each, via a book-built issue. The IPO allotment will be finalized on May 30, 2025, and the shares are expected to list on the NSE Emerge platform on June 3, 2025. The retail quota is set at 35%, qualified institutional buyers (QIBs) get 50%, and high net-worth individuals (HNIs) have 15% allocation. In terms of financial performance, the company reported revenue of ₹346.78 crore in 2024, down from ₹401.31 crore in 2023, while profits increased to ₹16.60 crore in 2024 from ₹8.65 crore in 2023. The IPO proceeds will be used for capital expenditure related to setting up a power plant, meeting working capital requirements, and general corporate purposes. Considering its financials and growth prospects, investors are advised to view this IPO as a long-term investment opportunity.
Nikita Papers IPO Market Lot
The Nikita Papers IPO minimum market lot is 1200 shares with ₹1,24,800 application amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 1200 | ₹1,24,800 |
Retail Maximum | 1 | 1200 | ₹1,24,800 |
S-HNI Minimum | 2 | 2400 | ₹2,49,600 |
Nikita Papers IPO Details
IPO Open Date: | May 27, 2025 |
IPO Close Date: | May 29, 2025 |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹95 to ₹104 Per Share |
Issue Size: | Approx ₹67.54 Crores |
Fresh Issue: | Approx ₹67.54 Crores |
Issue Type: | Book Build Issue |
IPO Listing: | NSE SME |
Retail Quota: | Not more than 35% |
QIB Quota: | Not more than 50% |
NII Quota: | Not more than 15% |
Nikita Papers IPO Valuation – FY2024 (KPI)
Check Nikita Papers IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI | Values |
ROE: | 21.45% |
ROCE: | 28.71% |
EBITDA Margin: | 14.29% |
PAT Margin: | 4.79% |
Debt to equity ratio: | 0.45 |
Earning Per Share (EPS): | ₹9.81 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 21.46% |
Net Asset Value (NAV): | ₹42.57 |
Nikita Papers IPO Company Financial Report
The company reported revenue of ₹346.78 crores in 2024 against ₹401.31 crore in 2023. The company reported profit of ₹16.60 crores in 2024 against profit of ₹8.65 crores in 2023.
Amount ₹ in Crores
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2022 | ₹358.49 | ₹350.34 | ₹6.95 | ₹235.30 |
2023 | ₹401.31 | ₹391.51 | ₹8.65 | ₹256.80 |
2024 | ₹346.78 | ₹322.58 | ₹16.60 | ₹299.00 |
December 2024 | ₹272.38 | ₹248.31 | ₹15.68 | ₹349.78 |
Nikita Papers IPO Dates
The Nikita Papers IPO date is May 27 and the close date is May 29. The Nikita Papers IPO allotment will be finalized on May 30 and the IPO listing on June 3.
IPO Open Date: | May 27, 2025 |
IPO Close Date: | May 29, 2025 |
Basis of Allotment: | May 30, 2025 |
Refunds: | June 2, 2025 |
Credit to Demat Account: | June 2, 2025 |
IPO Listing Date: | June 3, 2025 |
Promoters of Nikita Papers IPO
The promoters of the company are Mr. Ashok Kumar Bansal, Mr. Sudhir Kumar Bansal, Mr. Ayush Bansal, Mr. Abhinav Bansal, Mr. Anuj Bansal, Ashok Kumar Bansal & Sons HUF, Naresh Chand Bansal & Sons HUF, Sudhir Kumar Bansal & Sons HUF, Ayush Bansal & Sons HUF, Abhinav Bansal & Sons HUF, and Anuj Bansal & Sons HUF.
About Nikita Papers IPO
Established in 1989, Nikita Papers Limited is a prominent Indian manufacturer specializing in recycled kraft paper. With a commitment to sustainability, the company produces 100% recycled kraft paper, catering to diverse applications such as packaging, printing, and industrial uses. Utilizing state-of-the-art facilities, including two advanced paper machines—PM1 and PM2—the company has expanded its annual production capacity to 180,000 tonnes. Nikita Papers is recognized for its eco-friendly practices, notably operating as a zero liquid discharge facility, thereby minimizing environmental impact. Their product range includes various grades of kraft paper, known for high strength and durability, suitable for applications like paper bags, carton boxes, and adhesive tapes. With a robust distribution network, the company serves clients across India and exports to over 15 countries, including regions in Asia, the Middle East, and Africa. Nikita Papers’ dedication to quality, innovation, and environmental responsibility positions it as a leader in the kraft paper industry.
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 IPO
Issue Expenses: Costs related to raising funds, such as underwriting, legal, and administrative fees.
Capital Expenditure for Power Plant Setup: Investment in acquiring or upgrading long-term assets like land, buildings, and equipment for the power plant.
Working Capital Requirements: Funds needed to cover day-to-day operational expenses, including inventory, salaries, and other short-term liabilities.
General Corporate Purposes: Funds allocated for various strategic and operational needs that support the company’s overall growth and sustainability.
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: info@nikitapapers.com
Website: http://www.nikitapapers.com/
Check Grey market premium at below
(GMP)
Nikita Papers IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php