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NIKITA PAPERS IPO
₹1,14,000/1200 shares
Minimum Investment
IPO Details
27 May 25
29 May 25
₹1,14,000
1200
₹95 to ₹104
NSE
₹67.54 Cr
03 Jun 25
NIKITA PAPERS IPO Timeline
Bidding Start
27 May 25
Bidding Ends
29 May 25
Allotment Finalisation
30 May 25
Refund Initiation
02 Jun 25
Demat Transfer
02 Jun 25
Listing
03 Jun 25
Nikita Papers Limited IPO
Incorporated in 1989, Nikita Papers Limited manufactures paper and paper products for industrial, commercial, and printing uses. The company emphasises eco-friendly production, often using recycled materials. With a strong distribution network, it caters to both domestic and international markets, maintaining consistent quality. Nikita Papers may also operate in packaging, tissue, or specialty paper segments. Its product range includes Kraft Paper (70–200 GSM), ideal for wrapping, bags, and cushioning. As of May 9, 2025, the company employs 208 people across its operations.
Nikita Papers Limited IPO Overview
The Nikita Papers IPO is a book-built issue worth ₹67.54 crores, consisting entirely of a fresh issue of 64.94 lakh equity shares. The IPO opens for subscription on May 27, 2025, and will close on May 29, 2025. The basis of allotment is expected to be finalized on Friday, May 30, 2025, and the shares are tentatively scheduled to be listed on the NSE SME platform on Tuesday, June 3, 2025.
The price band for the IPO has been set between ₹95 and ₹104 per share. Investors are required to apply for a minimum of one lot, comprising 1,200 shares, which translates to a minimum retail investment of ₹1,14,000. However, to improve their chances of allotment and avoid the risk of oversubscription, investors are advised to bid at the cutoff price, amounting to ₹1,24,800. For High Net-worth Individuals (HNIs), the minimum application size is two lots, or 2,400 shares, requiring an investment of ₹2,49,600. Fast Track Finsec Pvt Ltd is acting as the book-running lead manager for the IPO, while Skyline Financial Services Private Ltd serves as the registrar. Rikhav Securities Limited has been appointed as the market maker for the issue.
Nikita Papers Limited IPO Details
| Particulars | Details |
| IPO Date | 27 May 2025 to 29 May 2025 |
| Listing Date | 3 June 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹95 to ₹104 per share |
| Lot Size | 1200 Shares |
| Total Issue Size | 64,94,400 shares (aggregating up to ₹67.54 Cr) |
| Fresh Issue | 64,94,400 shares (aggregating up to ₹67.54 Cr) |
| Offer for Sale | NA |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,81,73,500 shares |
| Share Holding Post Issue | 2,46,67,900 shares |
| Market Maker Portion | 3,26,400 shares |
Nikita Papers Limited IPO Reservation
| Investor Category | Shares Offered |
| QIB | Not more than 50% of the Net Issue |
| Retail | Not less than 35% of the Net Issue |
| NII (HNI) | Not less than 15% of the Net Issue |
Nikita Papers Limited IPO Lot Size
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1,200 | ₹1,24,800 |
| Retail (Max) | 1 | 1,200 | ₹1,24,800 |
| HNI (Min) | 2 | 2,400 | ₹2,49,600 |
Nikita Papers Limited IPO Promoter Holding
| Shareholding Status | Percentage |
| Pre-Issue | 80.38% |
| Post-Issue | 59.219% |
Nikita Papers Limited IPO Valuation Overview
| KPI | Value |
| Earnings Per Share (EPS) | 9.81 |
| Price/Earnings (P/E) Ratio | TBD |
| Return on Net Worth (RoNW) | 2145% |
| Net Asset Value (NAV) | 28.17 |
| Return on Equity | 21.45% |
| Return on Capital Employed (ROCE) | 28.71% |
| EBITDA Margin | 14% |
| PAT Margin | 4.79% |
| Debt to Equity Ratio | 0.45 |
Objectives of the Proceeds
- To meet capital expenditure requirement for setting up power plant, ₹5000 lakhs
- Meet working capital requirements, ₹500 lakhs
- Meet general corporate expenses
Key Financials (in ₹ lakhs)
| Particulars | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 29,900.44 | 25,679.69 | 23,529.94 |
| Revenue | 33,860.08 | 39,833.21 | 35,641.08 |
| Profit After Tax | 1659.53 | 864.52 | 695.21 |
| Reserves and Surplus | 5919.90 | 4612.83 | 3748.31 |
| Total Borrowings | 18,923.85 | 16, 302.26 | 12,474.31 |
SWOT Analysis of NIKITA PAPERS IPO
Strength and Opportunities
- Experienced promoters with over 25 years in the paper industry.
- Significant production capacity of approximately 133,000 MTPA.
- Focus on eco-friendly Kraft paper catering to sustainable packaging demand.
- Plans to set up a biomass power plant, enhancing energy efficiency.
- Diversified product range catering to various customer needs.
Risks and Threats
- Exposure to raw material price volatility, especially waste paper.
- High working capital requirements due to industry dynamics.
- Intense competition from established domestic and international players.
- Regulatory risks related to environmental compliance and industry standards.
- Dependence on specific geographic markets for raw material procurement and sales.
Explore IPO Opportunities
Explore our comprehensive IPO pages to stay updated on the latest trends and insights.
About Nikita Papers Limited
IPO Strengths
- The promoters have over 25 years of paper industry experience, enabling effective demand management and market positioning.
- The company expanded its product line by adding Fluting Media Kraft paper and commissioning a new machine, boosting production capacity and offering higher-grade paper for packaging.
- Rising demand for eco-friendly paper packaging due to plastic restrictions enhances the company’s market potential.
- Advanced technology improves efficiency, quality, and cost optimization, giving the company a competitive edge.
- A strategic location with strong infrastructure and supply chain partnerships ensures operational efficiency and broad customer reach.
Peer Group Comparison
| Name of the Company | Face Value (₹/Share) | EPS (₹) | P/E Ratio | RONW (%) | NAV (₹/Share) | PAT (₹ in Lakh) |
| Nikita Papers Limited | 10.00 | 8.63 | [•] | 16.85% | 51.20 | 1,568.11 |
| Peer Group | ||||||
| Magnum Ventures Limited | 10.00 | 5.04 | 10.64 | 3.62% | 115.64 | 2,470.26 |
| Tamilnadu Newsprint and Papers Limited | 10.00 | 30.08 | 76.41 | 10.00% | 301.94 | 20,816.00 |
| Ruchira Papers Limited | 10.00 | 16.48 | 6.48 | 12.00% | 138.81 | 4,919.49 |
| Pakka Limited | 10.00 | 12.57 | 18.98 | 18.38% | 67.58 | 4,866.93 |
How to apply IPO with HDFC SKY?
Follow these simple steps to apply for an IPO through HDFC SKY. Secure your investments and explore new opportunities with ease by accessing the IPOs available on the platform.
1Login to your HDFC SKY Account
2Select Issue
3Enter Number of Lots and your Price.
4Enter UPI ID
5Complete Transaction on Your UPI App
FAQs On Nikita Papers Limited IPO
How can I apply for Nikita Papers Limited IPO?
You can apply via HDFCSky, or other brokers using UPI-based ASBA (Application Supported by Blocked Amount).
When does the Nikita Papers IPO open and close?
The IPO opens on 27 May 2025 and closes on 29 May 2025.
What is the minimum investment required in the Nikita Papers IPO?
Minimum investment is ₹1,24,800 for one lot of 1,200 shares at cutoff price.
On which stock exchange will Nikita Papers Limited be listed?
It will be listed on the NSE SME platform on 3 June 2025.
Who is the book-running lead manager for this IPO?
Fast Track Finsec Pvt Ltd is the book-running lead manager for this IPO.
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