Aten Papers and Foam IPO Allotment Today: Listing Set for June 20 – Check Key Details, GMP, and Allotment Steps

18 June 2025: The IPO of Aten Papers and Foam Ltd, which was open for public subscription between June 13 and June 17, 2025, is set to complete its allotment process today, June 18. The company’s equity shares are scheduled to list on the BSE on Friday, June 20, following the finalisation of allotment and credit of shares.

Here’s How You Can Check Your Allotment Status on the BSE Website

Investors can verify their allotment status by following these steps:

• Visit the official BSE IPO application status portal
• Select the issue type as ‘Equity’
• Choose ‘Aten Papers and Foam Ltd’ from the dropdown list
• Enter your application number and PAN
• Complete the CAPTCHA by selecting ‘I am not a Robot’
• Click ‘Submit’ to view your allotment results

IPO Details: Issue Size, Price Range, and Application Lot

• Total Issue Size: ₹31.68 crore
• Type: Entirely fresh issue comprising 33 lakh equity shares
• Price Band: ₹91 to ₹96 per share
• Lot Size: 1,200 shares (minimum investment of ₹1,09,200)
• Lead Manager: Swastika Investmart Ltd
• Registrar: Skyline Financial Services Pvt Ltd
• Market Maker: Sunflower Broking Pvt Ltd

Final Subscription Status: Retail Outshines QIBs and NIIs

The public offering closed with a total subscription of 1.45 times. Here’s how different investor categories participated:

Issue Size: ₹31.68 crore (entirely fresh issue of 33 lakh shares)

• Price Band: ₹91 to ₹96 per share
• Lot Size: 1,200 shares (₹1,09,200 minimum investment)
• Lead Manager: Swastika Investmart Ltd
• Registrar: Skyline Financial Services Pvt Ltd
• Market Maker: Sunflower Broking Pvt Ltd

Subscription Status (As of June 17, 5 PM)

• Overall: 1.45 times
• Retail Investors: 2.14 times
• Qualified Institutional Buyers (QIBs): 2.91 times
• Non-Institutional Investors (NIIs): 0.77 times

Grey Market Premium Flat at ₹0 Despite Positive Retail Response

As per reports at 9:30 AM on June 18, 2025, the Grey Market Premium (GMP) of Aten Papers and Foam Ltd was ₹0, indicating no premium or discount in unofficial trading. While GMPs provide a rough idea of listing expectations, they are speculative in nature. Investors should rely on verified allotment data and not take investment decisions based solely on grey market signals.

Where Will IPO Funds Go? Capital and Growth Objectives

The company aims to allocate the net proceeds from the IPO towards:

• Capital expenditure projects
• Meeting working capital needs
• General corporate purposes

Company Overview: Recycled Paper Supply Chain Player Based in Gujarat

Established in 2019, Aten Papers and Foam Ltd operates out of Ahmedabad. The firm is involved in procuring diverse grades of paper and supplying them to packaging businesses across Gujarat. It also contributes to sustainability efforts by recycling waste paper into raw materials for use by local paper mills.

FY24 Financial Performance Snapshot

• Revenue: ₹96.8 crore
• Net Profit: ₹2.78 crore

Stay connected for more updates on allotment confirmations and market performance as Aten Papers prepares to make its market debut on June 20.

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