IPO Schedule
1
Open
29 Aug
2
Close
2 Sept
3
Allotment
3 Sept
4
Listing
5 Sept
Abril Paper Tech Ltd IPO
Issue:₹61
List:₹48.8
CMP:₹38.4
NSELot: 2000Paper
LISTEDSME
Issue Price₹61
Listing₹48.8
Current₹38.4
Content
About Abril Paper Tech Ltd
Abril Paper Tech Ltd is an SME focused on manufacturing and supplying paper products. They cater to a specific niche within the paper industry, offering specialized solutions.
Subscription Status
QIB
0.00x
NII
1.06x
Retail
1.53x
| Category | Day 3 | Day 2 | Day 1 |
|---|---|---|---|
| QIB | 0.00x | 0.00x | 0.00x |
| NII | 5.51x | 1.46x | 1.06x |
| Retail | 16.79x | 2.95x | 1.53x |
| Total | 11.20x | 2.26x | 1.35x |
Risk Factors
•Exposure to fluctuations in raw material prices (pulp, chemicals, etc.).
•Competition from larger, more established players in the paper industry.
•Dependence on a limited number of key customers.
•SME size may limit access to capital and resources.
•Relatively small issue size may lead to price volatility post-listing.
Promoters & Management
The key management team of Abril Paper Tech Limited consists of: Vipul Dobariya, who is the Chairman and Managing Director, Ashvinbhai Lathiya, who is the Whole-time Director, Daxa Boghara, who is the Company Secretary and Compliance Officer, and Hiren Nakrani, who is the Chief Financial Officer. Vipul Dobariya has 6 years of business management experience. Ashvinbhai Lathiya has 6 years business Management experience. Prince Lathiya is a Non-executive Director. Urvashi Dave is a Non- Executive Independent Director. Mehul Hingu is a Non- Executive Independent Director. The company's management team is responsible for overseeing manufacturing operations, procurement processes, distribution, marketing, and sales strategies. The company's future success depends on the continued service and performance of the senior management team and other key managerial personnel.