Allotment

Nikita Papers launched a book-built IPO worth ₹67.54 crore, consisting entirely of a fresh issue of 0.65 crore shares. The IPO opened for bidding on May 27, 2025, and closed on May 29, 2025. The allotment was finalized on May 30, 2025, and the shares were subsequently listed on NSE SME on June 3, 2025.
The price band for the IPO was fixed at ₹104 per share. The lot size for an application is 1,200 shares. For retail investors, the minimum investment is 1 lot (1,200 shares), totaling ₹1,24,800 (based on the upper price). HNI investors must subscribe to a minimum of 2 lots (2,400 shares), amounting to ₹2,49,600.
The IPO was managed by Fast Track Finsec Pvt. Ltd. as the Book Running Lead Manager, with Skyline Financial Services Pvt. Ltd. serving as the Registrar of the Issue. Rikhav Securities Ltd. acted as the market maker for the IPO.
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| IPO Date | 3 Jun |
| IPO Listing Date | 3 Jun |
| IPO Face Value | ₹10 per share |
| IPO Price Range | ₹104.00 |
| IPO Issue Size | 64,94,400 shares |
| IPO Sale Type | Fresh Capital |
| Employee Discount | - |
| IPO Issue Type | Bookbuilding IPO |
| IPO Listing | NSE SME Platform |
| hare Holding Pre Issue | 1,81,73,500 shares |
| IPO Open Date | 27 May |
| IPO Close Date | 29 May |
| IPO Allotment (Tentative) | 30 May |
| Refunds | 2 Jun |
| Credit to Demat Account | 2 Jun |
| IPO Listing Date | 3 Jun |
| Category | Offer |
|---|---|
| QIB Shares Offered | 30,84,000 Shares |
| NII (HNI) Shares Offered | 9,25,200 Shares |
| Retail Shares Offered | 21,58,800 Shares |
Investors can bid for a minimum of 1,200 shares, with additional bids required in multiples of 1,200 shares.
| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹1,24,800 |
| Retail (Max) | 1 | 1,200 | ₹1,24,800 |
| S-HNI (Min) | 2 | 2,400 | ₹2,49,600 |
| S-HNI (Max) | - | - | - |
| B-HNI (Min) | - | - | - |
Incorporated in 1989, Nikita Papers Limited is engaged in the manufacturing of paper and paper products, catering to industrial, commercial, and printing applications. The company emphasizes environmentally sustainable production, often incorporating recycled materials in its manufacturing processes.
Products and Offerings:
Nikita Papers produces a range of paper grades and related products, including:
Kraft Paper – durable and breathable, ranging from 70–200 GSM, suitable for wrapping, bags, cushioning, and various eco-friendly and creative applications.
The company may also operate in verticals such as packaging, tissue paper, and specialty paper products, depending on production and market needs.
Operations and Workforce:
As of May 9, 2025, Nikita Papers employs 208 employees. The company leverages a strong distribution network to serve both domestic and international markets, ensuring quality, consistency, and timely delivery.
Competitive Strengths:
Experienced promoters driving strategic growth
Expansion into fluting media
Strong market potential and customer reach
Use of innovative equipment and modern production techniques
Strategic location supporting logistics and distribution
| Assets | 349.78 | 299 | 256.8 |
| Total Income | 272.38 | 346.78 | 401.31 |
| Profit After Tax | 15.68 | 16.6 | 8.65 |
| EBITDA | - | - | - |
| NET Worth | 93.05 | 77.37 | 54.74 |
| Reserves and Surplus | 74.88 | 59.2 | 46.13 |
| Total Borrowing | 206.71 | 189.24 | 163.02 |
| ROE | 21.45% |
| ROCE | 28.71% |
| Debt/Equity | 0.45 |
| RoNW | 21.45% |
| PAT Margin | 4.79% |
| EBITDA Margin | - |
| Price to Book Value | 2.44 |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | - |
| 2 | To meet out the expenses of Working Capital Requirement | 5 |
| 3 | To meet out the General Corporate Purposes; | 8.15 |
| 4 | Offer for Sale (OFS) | - |
Nikita Papers Ltd. Address
A-10 Floor 1st Land Mark,
Near Deepali Chowk Saraswati Vihar,
Pitampur
North West Delhi, New Delhi, 110034
+91-7300712189
info@nikitapapers.com
http://www.nikitapapers.com/
IPO Registrar
Skyline Financial Services Pvt.Ltd.
02228511022
ipo@skylinerta.com
https://www.skylinerta.com/ipo.php