Paper Arizona Planning for IPO in Second Half of 2026

B2B paper supply startup Paper Arizona announced its plans to go public with an Initial Public Offering (IPO) in the second half of 2026. The company, which operates a marketplace for paper, pulp, packaging, and allied products, recently crossed the Rs 100 crore annual revenue mark in FY 2024-25, achieving this feat in under three years since inception.

IPO to Power Next Growth Phase

Co-Founder and CEO Ankitt Jain confirmed that the firm is eyeing Rs 130 crore in revenue for the current fiscal and views the upcoming IPO as a strategic move to scale operations.

“We are now gearing up for our IPO, which we believe will power our next chapter of growth expansion,” Jain said.

Paper Arizona has already secured Rs 5 crore in government grants and is currently working with over 3,500 buyers. The company has been undergoing IPO-readiness and due diligence assessments with multiple certified agencies. Following positive evaluations and a go-ahead from these agencies, the firm received a green signal for listing. Paper Arizona aims to raise approximately ₹50 crore through the IPO in 2026, which will be pivotal in strengthening its infrastructure, credibility, and expansion capabilities.

Expansion Plans Across India and Beyond

Currently operational in more than 10 cities across North India, Paper Arizona plans to deepen its regional presence before entering select markets in Eastern and Western India over the next few years. By 2030, the company plans to enter international markets, starting with the Middle East.

Jain added, “Our upcoming IPO is poised to give us immense scale, value, credibility, and momentum to grow exponentially and continue to further streamline India’s paper and paper-allied supply chain.” With a clear growth roadmap and strong market traction, Paper Arizona’s IPO is expected to be a significant step in transforming the traditional paper supply industry through digital and scalable solutions.

About Paper Arizona

Paper Arizona is a one-stop B2B multi-vendor marketplace built to simplify how businesses buy and sell paper-related products, be it colored paper, FBB, cup stocks, duplex boards, or more. Paper Arizona platform is designed to make paper procurement faster, easier, and more transparent for enterprises of all sizes. The company’s secure, feature-rich platform connects buyers and sellers directly, making the entire supply chain stronger and more reliable.

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