Nikita Papers Limited IPO

Nikita Papers Limited IPO

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.

Price Band

₹95 - ₹104

Dates

27 May - 29 May

GMP

₹1 (0.96%)

Subscriptions

1.83 times

Issue Size

₹67.54 Crs

Nikita Paper IPO Key Dates
Opening Date

27 May 25

Closing Date

29 May 25

Basis Of Allotment

30 May 25

Initiations Of Refund

02 Jun 25

Credit Of Shares

02 Jun 25

Listing Date

03 Jun 25

Nikita Paper IPO Objects

  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

Nikita Paper IPO Details
Price Band

₹95 - ₹104

Listing At

NSE SME

IPO Issue Type

100% Book Built Offer

Fresh Issue

₹67.54 Cr (0.65 Cr Shares)

Offer For Sale

₹0.00 (0.00 Shares)

Total Issue

₹67.54 Cr (0.65 Cr Shares)

Face Value

₹10 per equity share

Nikita Paper IPO Lot Information
Investor Category Lot Shares Amount
Retail
Minimum 1 1,200 1,24,800
Maximum 1 1,200 1,24,800
NII
Minimum 2 2,400 2,49,600
Nikita Paper IPO Subscription

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

Investor Category Subscription (times) Shares Offered Shared Bid
QIB 1.33 12,33,600 16,40,400
NII 2.47 9,25,200 22,82,400
Retail 1.84 21,58,800 39,66,000
Total 1.83 43,17,600 78,88,800
Nikita Paper IPO GMP

The estimated Grey Market Premium of Nikita Paper IPO is ₹1 per share (0.96%)

Disclaimer: The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.

Category Allocation
Particulars Allocation
QIB Not more than 50% of Net Offer
NII Not less than 15% of Net Offer
Retail Not less than 35% of Net Offer
Market Maker 3,26,400 EQ Shares
Nikita Paper IPO Financials

(Rs. in crores)

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

The financial information presented is on a consolidated basis.

Key Performance Indicators
KPI KPI
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.
Nikita Paper IPO Peer Comparision

(Rs. in crores)

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
Nikita Paper IPO Peer Comparision

(Rs. in crores)

Particulars Nikita Papers
Revenue from Ops (in Crs.) 338.60
PAT (In Crs.) 16.60
EPS - Basic 8.63
NAV per share 51.20
RONW 16.85%
EBITDA 14.29%
PAT Margin 4.90%
Price to earning (PE) 10.60
Magnum Ventures Tamilnadu Newsprint and Papers Ruchira Papers Pakka
460.84 4,643.36 657.60 404.74
24.70 208.16 49.19 48.67
5.04 30.08 16.48 12.57
115.64 301.94 138.81 67.58
3.62% 10% 12% 18.38%
13.03% 18.06% 12.83% 23.61%
5.36% 4.48% 7.48% 12.02%
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
Promoter Details
Name Shareholding
Ashok Kumar Bansal 14.00%
Sudhir Kumar Bansal 9.77%
Anuj Bansal 5.53%
Sandhya Bansal 5.21%
Other Promoter 45.87%
Total 80.38%
Management Details
Name Designation
Mr. Ashok Kumar Bansal MD
Mr. Sudhir Kumar Bansal Chairman
Mr. Atul Aeron CFO
Company Details

Name: Nikita Papers Limited

Address: A-10 Floor 1st Land Mark Near Deepali Chowk Saraswati Vihar, Pitampura, North West, New Delhi, India - 110034

Number: +91-7300712189

Email: info@nikitapapers.co

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Frequently Asked questions?

Find answers to common questions that come in your mind related to IPO.

Nikita Paper IPO is a SME IPO having an issue size of Rs. ₹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.

Nikita Paper IPO opens on 27 May 25 and closes on 29 May 25.

The estimated Grey Market Premium of Nikita Paper IPO is ₹1 per share (0.96%).

The minimum lot size of Nikita Paper IPO is 1200 shares & the minimum application amount is Rs. 124800.

The allotment date of Nikita Paper IPO is 30 May 25.

The listing date of Nikita Paper IPO is 03 Jun 25.

Nikita Paper IPO is subscribed 1.83 times.

Nikita Paper IPO is priced at ₹95 - ₹104 per share.

Click the allotment link on Nikita Paper IPO page of IPO360.

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  5. Approve the UPI Mandate on your UPI app

  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