Nikita Papers IPO Upcoming
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Schedule of Nikita Papers
| Issue open date | 27 May 2025 |
| Issue close date | 29 May 2025 |
| UPI mandate deadline | 29 May 2025 (5 PM) |
| Allotment finalization | 30 May 2025 |
| Refund initiation | 02 Jun 2025 |
| Share credit | 02 Jun 2025 |
| Listing date | 03 Jun 2025 |
| Mandate end date | 13 Jun 2025 |
| Lock-in end date for anchor investors (50%) | 29 Jun 2025 |
| Lock-in end date for anchor investors (remaining) | 28 Aug 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 Nikita Papers
Nikita Papers Ltd., founded in 1989 and converted to a public company in 2003, is a leading Kraft paper manufacturer based in Shamli, Uttar Pradesh. Led by Chairman Ashok Kumar Bansal, who has over 25 years in the paper industry, the company has grown through multiple expansions. It now operates with an installed capacity of 1,33,000 MTPA, producing Kraft paper ranging from 80 to 200 GSM in various burst factors to meet diverse customer needs.
Financials of Nikita Papers
*All figures are in ₹ Crores.
Issue size
| Funds Raised in the IPO | Amount |
| Overall | ₹67.54 crores |
| Fresh Issue | ₹67.54 crores |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Capital Expenditure for Power Plant | 50 (74.66%) |
| Working Capital Requirements | 5 (7.41%) |
| General corporate purposes | 9 (13.33%) |
| Issue Related Expenses | 3.54 (5.24%) |
Strengths
- Over 30 years of experience in the kraft paper manufacturing industry.
- Diverse product range from 80 to 200 GSM, catering to varied customer needs.
- Continuous capacity expansion with the current installed capacity of 133,000 MTPA.
- Established reputation and strong distributor relationships across India.
- Promoter with over 35 years of industry experience and leadership.
Risks
- Highly dependent on a single manufacturing facility in Shamli, UP.
- Volatility in raw material prices can impact margins.
- Faces stiff competition from domestic and international paper manufacturers.
- High working capital requirements may stress liquidity.
- Business operations are subject to stringent environmental regulations.
Allotment Status for Nikita Papers
To check your allotment status – click here.