Subam Papers Limited IPO GMP

Subam Papers is engaged in the manufacturing of Kraft Paper and Paper Products. They proudly call themselves 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.

Subam Papers, an Book Built Issue amounting to ₹93.70 Crores, consisting entirely an Fresh Issue of 61.64 Lakh Shares. The subscription period for the Subam Papers IPO opens on September 30, 2024, and closes on October 03, 2024. The allotment is expected to be finalized on or about Friday, October 04, 2024, and the shares will be listed on the BSE SME with a tentative listing date set on or about Tuesday, October 08, 2024.

The Share price band Subam Papers IPO is set at ₹144 to ₹152 equity per share, with a minimum lot size of 800 shares. Retail investors are required to invest a minimum of ₹1,21,600, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (1,600 shares), amounting to ₹2,43,200.

GRETEX CORPORATE SERVICES LIMITED is the book-running lead manager, BIGSHARE SERVICES PRIVATE LIMITED is the registrar for the Issue. Gretex Share Broking Limited is the sole Market Marker for the Subam Papers.

Subam Papers Limited IPO GMP Today
The Grey Market Premium of Subam Papers Limited IPO is expected to be ₹0 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Subam Papers Limited IPO Live Subscription Status Today: Real-Time Updates
As of 05:00 PM on 03 October 2024, the Subam Papers Limited IPO live subscription status shows that the IPO subscribed 86.49 times on its Third day of subscription period. Check the Subam Papers Limited IPO Live Subscription Status Today at BSE.

Subam Papers Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online 
Subam Papers IPO allotment date is 04 October, 2024, Friday. Subam Papers IPO Allotment will be out on 4th October 2024 and will be live on Registrar Website from the allotment date. Check Subam Papers Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Subam Papers Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Subam Papers Limited IPO
Subam Papers Issue Proceeds from the Fresh Issue will be utilized towards the following objects : 
a) ₹7,500.00 Lakhs will be used for Investment in Subsidiary for Financing its Capital Expenditure requirements 
b) General Corporate Purposes

Refer to Subam Papers Limited RHP for more details about the Company.