Stay updated with the latest on Subam Papers IPO GMP (Grey Market Premium). We provide live data and key information to help you make informed investment decisions.
Subam Papers IPO GMP Overview
- IPO Open Date: September 30, 2024
- IPO Close Date: October 01, 2024
- Price Band: ₹144 to ₹152 per share
- Issue Size: ₹93.70 Crores
- Listing Date: October 08, 2024
- Lot Size: Minimum 800 shares(₹121,600)
Subam Papers IPO GMP Live Rates
| Dates | IPO GMP |
|---|---|
| October 08, 2024 | ₹12 (8%) |
| October 07, 2024 | ₹24 (16%) |
| October 06, 2024 | ₹24 (16%) |
| October 05, 2024 | ₹24 (16%) |
| October 04, 2024 | ₹24 (16%) |
| October 03, 2024 | ₹24 (16%) |
| October 02, 2024 | ₹60 (39%) |
| October 01, 2024 | ₹60 (39%) |
| September 30, 2024 | ₹55 (36%) |
| September 29, 2024 | ₹40 (26%) |
| September 28, 2024 | ₹15 (10%) |
| September 27, 2024 | ₹- |
| September 26, 2024 | ₹- |
IPO Timeline
| Events | Date |
|---|---|
| IPO Open Date | September 30, 2024 |
| IPO Close Date | October 3, 2024 |
| Basis of Allotment | October 4, 2024 |
| Refunds | October 7, 2024 |
| Credit to Demat Account | October 7, 2024 |
| IPO Listing Date | October 8, 2024 |
About Subam Papers
Subam Papers Limited is located at S.F.No.143-146 Vaduganpatti Village, Nadukallur to Tirunelveli, Tirunelveli Taluk- 627010, Tamil Nadu, India. The company specializes in manufacturing Kraft paper and paper products. Established in 2004, Subam initially focused on producing paper cones; however, it later broadened its product range to include Duplex board and Kraft paper.
Moreover, Subam is committed to environmental sustainability and operates on the principle of recycling, using wastepaper as its primary raw material for producing Kraft paper and Duplex board.
As of the financial year ending March 31, 2024, the company’s installed capacity for Kraft paper stood at 300 metric tons per day (MTPD), which resulted in an annual capacity of 93,600 tons. During this time, the utilization rate for Kraft paper was 93,081 tons. Following growth in 2012, Subam expanded its market presence through further capacity enhancements. Additionally, the company maintains a robust raw material storage facility, ensuring sufficient reserves to support the continuous production of high-quality packaging products.
Disclaimer
- The Grey Market Premium (GMP) mentioned for (Subam Papers IPO GMP) is applicable only for the specific date provided.
- We do not engage in the buying or selling of IPO forms on the grey market.
- Please do not base your IPO subscription decision solely on the premium price, as it may fluctuate. Always consider the company’s fundamentals before investing.
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