Aten Papers and Foam IPO is an SME public issue opening from June 13, 2025 to June 17, 2025. The allotment is scheduled on June 18 and listing on June 20, 2025, on the BSE SME platform. The IPO is entirely a fresh issue, aiming to raise approximately ₹31.68 crore. The issue is priced between ₹91–96 per share, with a minimum lot size of 1,200 shares.
Aten Papers and Foam IPO Details
| IPO Name | Aten Papers & Foam |
| IPO Open Date | June 13, 2025 |
| IPO Close Date | June 17, 2025 |
| Issue Price Band | ₹91 to ₹96 per share |
| Lot Size | 1,200 Shares |
| Listing At | BSE SME |
| Allotment Date | June 18, 2025 |
| Listing Date | June 20, 2025 |
| Retail Minimum Lot & Amount | 1 Lot & ₹1,15,200 |
| Retail Maximum Lot & Amount | 1 Lot & ₹1,15,200 |
| HNI Minimum Lot & Amount | 2 Lots & ₹2,30,400 |
Aten Papers and Foam IPO -FAQs
1. What is the size of the Aten Papers & Foam IPO?
The IPO is entirely a fresh issue of about ₹31.68 crore, comprising 33 lakhs equity shares.
2. When can I apply, and when will the shares list?
The IPO will be open for subscription from June 13, 2025 to June 17, 2025. The allotment is expected on June 18 and the listing will be on June 20.
3. What is the issue price band and lot size?
The price band is ₹91 to ₹96 per share, and one lot equals 1,200 shares. The minimum retail investment is ₹1,15,200. HNI’s can apply for a minimum of 2 lots amounting to ₹2,30,400.
4. Who are the promoters of Aten Papers & Foam?
Promoters include Mr. Mohamedarif Mohamedibrahim Lakhani and Mrs. Amrin Lakhani.
5. What is the company’s business?
The company acts as a key intermediary in the paper product supply chain. They source paper from various mills and supply it to clients in the packaging industry.
6. How will the IPO proceeds be utilized?
Rs 4.27 cr will be used for capital expenditure, Rs 15.50 cr for working capital, and the remaining amount for general corporate purposes.
7. What portion of the issue is reserved for each investor category?
| Retail Clients | 47.50% |
| NIIs (HNIs) | 47.50% |
| QIBs | 5.00% |
8. Who is managing the IPO process?
Swastika Investmart is the lead manager, Skyline Financial Services is the registrar, and Sunflower Broking is the market maker.
9. How is the company doing financially?
The company’s revenue grew from ₹96.8 crore in FY 2024 to ₹138.7 crore in FY 2025.
Profit also improved from ₹2.78 crore to ₹7.01 crore, showing good growth.
10. Where will the IPO shares be listed?
The shares will be listed on the BSE SME exchange.
Aten Papers and Foam IPO -Conclusion
Aten Papers & Foam IPO offers investors a chance to be part of a growing company that plays a key role in the paper supply chain. With rising revenues and increasing profitability in the last few years, the company has shown steady signs of growth. The money raised will be used for business expansion and daily operations, which is a good sign for its plans.
But, since this is an SME IPO, with relatively high investment for retail investors, it is important to assess your risk before investing. If you are a long-term investor and believe in the potential of the paper and packaging industry, this IPO is worth considering.
