Aten Papers & Foam IPO Upcoming
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Schedule of Aten Papers & Foam
| Issue open date | 13 Jun 2025 |
| Issue close date | 17 Jun 2025 |
| UPI mandate deadline | 17 Jun 2025 (5 PM) |
| Allotment finalization | 18 Jun 2025 |
| Refund initiation | 19 Jun 2025 |
| Share credit | 19 Jun 2025 |
| Listing date | 20 Jun 2025 |
| Mandate end date | 02 Jul 2025 |
| Lock-in end date for anchor investors (50%) | 18 Jul 2025 |
| Lock-in end date for anchor investors (remaining) | 16 Sep 2025 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Aten Papers & Foam
Incorporated in 2019, Aten Papers & Foam is a Gujarat-based company functioning as an intermediary in the paper product supply chain. The company sources and supplies Kraft paper, duplex boards, and other paper grades to packaging industry clients. Additionally, it engages in trading wastepaper, which is a raw material for paper mills. With a focus on meeting customer specifications, the company’s operations are primarily located in Ahmedabad. It plans to expand its capabilities through new wastepaper processing units. Supported by experienced promoters and a domestic client base, Aten Papers & Foam is noted for its market-focused approach.
Financials of Aten Papers & Foam
*All figures are in ₹ Crores.
Issue size
| Funds Raised in the IPO | Amount |
| Overall | ₹31.68 crores |
| Fresh Issue | ₹31.68 crores |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Capital Expenditure | 4.25 (13.4%) |
| Working Capital Requirements | 15.5 (49%) |
| General coporate purposes | – |
Strengths
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Strong positioning as an intermediary in the paper product supply chain.
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Established network with paper mills and packaging industry clients.
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Diversified product portfolio including Kraft Paper, Duplex Board, and wastepaper trading.
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Experienced management team with over two decades in the industry.
- Strategic expansion into wastepaper processing units to strengthen market presence.
Risks
- Dependence on Gujarat market exposes business to regional risks.
- Potential operational inefficiencies in new wastepaper processing expansion.
- Vulnerability to raw material price fluctuations and supply chain disruptions.
- Legal and regulatory risks including tax-related matters and compliance challenges.
- Competition from established players in the paper trading and processing industry.
Allotment Status for Aten Papers & Foam
To check your allotment status – click here.