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Craftech Paper Mills IPO

Craftech Paper Mills IPO is an SME issue scheduled to open for subscription on — and closed on —.

Price Band
TBA
GMP
Subscription
Listing

Overview

Craftech Paper Mills IPO is an SME issue scheduled to open for subscription on — and closed on —.

IPO Details

Craftech Paper Mills IPO is a Small and Medium Enterprise (SME) initial public offering scheduled to open for subscription on BSE SME. The issue has a price band of TBA per equity share with a lot size of TBA shares, translating to a minimum retail investment of TBA.

The issue size is yet to be confirmed, and subscription dates are yet to be announced. Allotment is expected on and the equity shares are scheduled to list on .

Type
SME
Status
upcoming
Price band
TBA
Face value
₹10 (typical)
Lot size
Min investment (Retail)
TBA
Issue size
Fresh issue
OFS
Exchange
BSE SME
ISIN
TBA

Market Lot

Market lot details will be available once the price band and lot size are finalised in the Red Herring Prospectus.

IPO Reservation

Per SEBI guidelines, Craftech Paper Mills IPO reserves shares across investor categories as follows. Final allotment percentages may vary slightly based on the final issue document.

Category% ReservedNotes
QIBUp to 50%Mutual funds, FIIs, banks
NII / HNIUp to 15%Bids ≥ ₹2 lakh
RetailAt least 35%Bids up to ₹2 lakh

Important Dates

  1. Issue Open
    · Subscription opens
  2. Issue Close
    · Subscription closes
  3. Allotment
    · Basis of allotment finalised
  4. Refunds Initiated
    · Funds released for non-allottees
  5. Listing Date
    · Shares debut on the exchange

Grey Market Premium

Grey Market Premium for Craftech Paper Mills is yet to be tracked. We update GMP from multiple grey market sources during the subscription window. Bookmark this page and check IPO GMP Today for live updates.

Subscription Status

Craftech Paper Mills IPO subscription tracking will go live once the subscription window opens. Category-wise data (Retail / NII / QIB / Employee) will be available on IPO Subscription Status.

Allotment Status

Craftech Paper Mills IPO allotment will be finalised by the registrar (TBA) on . Check your allotment status using your PAN, application number, or DP ID via our allotment status checker or directly on the registrar's website.

If allotment fails, the blocked funds via ASBA / UPI mandate are released back within 24-48 hours. Applying through multiple demat accounts in family members' names improves chances on oversubscribed IPOs.

About Craftech Paper Mills

Craftech Paper Mills Limited is a Latur (Maharashtra)-based integrated kraft-paper manufacturer producing recycled kraft paper for corrugated boxes, industrial packaging, and adjacent paper-based applications. Promoter family Suryakant Bansilal Karwa and Yash Suryakant Karwa hold the controlling stake. Indian recycled-kraft paper demand has been one of the structurally growing industrial-packaging sub-segments through 2022-26. Demand drivers include e-commerce + FMCG packaging-volume growth driving corrugated-box demand, sustainability + recyclability requirements favouring recycled kraft over virgin paper, and Maharashtra-cluster proximity to major FMCG + e-commerce fulfilment-centre customers. FY25 financials show meaningful growth: revenue ₹100.72 crore (+26% YoY from ₹80.04 crore) and PAT ₹3.52 crore (UP from just ₹0.27 crore in FY24 — exceptional bottom-line expansion). PAT margin moved from 0.34% to 3.50% — operational-leverage realisation.

Promoter & Holding Pattern

The promoter and promoter group hold the majority stake in Craftech Paper Mills prior to the IPO. Post-listing, this percentage will reduce as new equity shares are issued to the public. Detailed pre-IPO and post-IPO promoter holding data will be updated once the Red Herring Prospectus is finalised with SEBI.

Objects of the Issue

The Craftech Paper Mills IPO proceeds will be utilised across multiple strategic objectives. Typical objects include capital expenditure for expansion, repayment of debt, general corporate purposes, working capital, and OFS by selling shareholders. Detailed breakdown with amounts will be updated here from the Red Herring Prospectus.

Financial Performance

Three-year financial performance for Craftech Paper Mills (amounts in ₹ Cr):

PeriodRevenueExpensePATTotal AssetsNet Worth
FY25100.723.52
FY2480.040.27

Valuation Snapshot

RoE
RoCE
EBITDA Margin
PAT Margin
3.50%
Debt/Equity
EPS
P/E Ratio
RoNW
NAV

Peer Comparison

Listed peers in the Industrial sector with key valuation metrics:

CompanyEPS (₹)P/E RatioRoNW (%)NAV (₹)Income (₹ Cr)
JK Paper / West Coast Paper Mills

Anchor Investors

Anchor investor bidding for Craftech Paper Mills typically opens one working day before the issue opens to the public. Anchor investors — mutual funds, FIIs, sovereign wealth funds, and insurance companies — collectively subscribe to a portion of the QIB segment. Their participation signals institutional confidence. Anchor list and total amount will be updated once SEBI publishes the anchor filing.

Lead Managers (Merchant Bankers)

Book-Running Lead Managers (BRLMs) for Craftech Paper Mills will be listed once confirmed in the Red Herring Prospectus. Lead managers oversee pricing, marketing, and underwriting — typically Kotak, ICICI Securities, Axis Capital, HDFC, SBI Caps, JP Morgan, or Citigroup.

IPO Registrar

The registrar for Craftech Paper Mills IPO will be confirmed in the Red Herring Prospectus. The registrar handles allotment, refunds, and dematerialisation of shares.

Editorial Review

Craftech Paper Mills has filed for a BSE SME IPO. As of publication, exact issue size, price band, dates, lead manager, registrar not yet announced. The FY24→FY25 financial trajectory is exceptional on the bottom line. Revenue +26% YoY (₹80.04 → ₹100.72 cr), but PAT exploded from ₹0.27 cr to ₹3.52 cr (>1200% growth from a near-zero base). PAT margin expanded from 0.34% to 3.50% — operational-leverage realisation that meaningfully improves the profitability profile. The business positioning is recycled kraft paper for corrugated boxes + industrial packaging. Latur (Maharashtra) location provides supplier-network + cluster advantages for proximity to FMCG + e-commerce fulfilment customers. Indian recycled-kraft demand benefits from e-commerce + FMCG packaging-volume growth and sustainability requirements favouring recycled over virgin paper. What's working: massive bottom-line expansion (PAT 13x in one year) signals operational-leverage breakthrough; revenue +26% YoY is healthy growth; recycled-kraft + corrugated-box demand has structural sustainability tailwinds; Latur Maharashtra cluster proximity to FMCG + e-commerce customers. What's concerning: BSE SME structural liquidity constraints; PAT margin (3.50%) is still thin — sustainability of margin expansion needs FY26 validation; substantial public-data gap on issue size, price band, dates, lead manager, registrar; paper-mill capex-intensity vs SME issue size; raw-material recycled-paper input pricing exposure; competitive pressure from mainboard paper leaders + many regional SME paper-mill operators. Subscribe pre-RHP. Massive PAT expansion + revenue growth + recycled-kraft structural demand create credible SME thesis. Wait for RHP with detailed disclosure on issue size, price band, capacity utilisation, customer-concentration. Sizing modest given BSE SME structural constraints and the still-thin PAT margin profile.

How to Apply for Craftech Paper Mills IPO

  1. Open broker app — Zerodha, Upstox, Angel One, Groww, 5paisa, ICICI Direct, or any other SEBI-registered broker. Navigate to the IPO section.
  2. Select Craftech Paper Mills IPO during the bidding window ().
  3. Enter bid details — minimum TBA shares per lot. Retail investors are recommended to bid at cut-off price (upper band).
  4. Submit UPI ID linked to a SEBI-approved bank.
  5. Approve UPI mandate from your UPI app within the deadline. Bid amount is blocked, not debited.
  6. Await allotment on .
  7. Listing day — shares list on BSE SME on .

Risk Factors

1. BSE SME structural liquidity constraints. 2. PAT margin (3.50% FY25) still thin — sustainability of margin expansion needs FY26 validation. 3. Paper-mill capex-intensity vs SME issue size may require follow-on capital for capacity expansion. 4. Raw-material recycled-paper input pricing exposure creates margin volatility. 5. Competitive pressure from mainboard paper leaders (JK Paper, West Coast Paper Mills) + many regional SME paper-mill operators.

Craftech Paper Mills IPO — FAQs

What is Craftech Paper Mills IPO?
Craftech Paper Mills IPO is a Small and Medium Enterprise (SME) initial public offering listing on BSE SME. The issue opens on — and closes on — with a price band of TBA per share.
What is the Craftech Paper Mills IPO price band?
The price band for Craftech Paper Mills IPO is TBA per equity share of face value ₹10 (typical). Retail investors are recommended to bid at the upper band (cut-off price).
What is the Craftech Paper Mills IPO lot size?
The minimum lot size for Craftech Paper Mills IPO is TBA shares per application. Minimum retail investment at the upper price band works out to approximately TBA.
When is the Craftech Paper Mills IPO opening date?
Craftech Paper Mills IPO opens for subscription on — and closes on —.
When is the Craftech Paper Mills IPO allotment date?
Basis of allotment is expected on —. Check your status on the registrar's website using your PAN.
When is the Craftech Paper Mills IPO listing date?
Craftech Paper Mills shares are expected to list on BSE SME on —.
What is the GMP of Craftech Paper Mills IPO?
GMP for Craftech Paper Mills is not currently tracked.
Who is the registrar of Craftech Paper Mills IPO?
The registrar is handling allotment, refunds, and dematerialisation for Craftech Paper Mills IPO.
How can I apply for Craftech Paper Mills IPO?
Apply via any SEBI-registered broker (Zerodha, Upstox, Angel One, Groww, 5paisa, ICICI Direct) during the open window. Use UPI mandate or ASBA for fund blocking. Bid at cut-off for retail category.
What is the minimum investment?
Minimum retail investment is approximately TBA (1 lot × TBA shares at upper band).
Should I apply for Craftech Paper Mills IPO?
Whether to apply depends on your goals, risk appetite, and the company's fundamentals. Review the RHP, compare valuation with peers, and consult a SEBI-registered advisor.
What happens if my allotment fails?
Bid amount blocked via UPI/ASBA is released back within 24-48 hours. Apply through multiple family demat accounts to improve odds on oversubscribed issues.

Information shown is for educational purposes and does not constitute investment advice. GMP values are unofficial estimates from informal grey market sources. Please read the offer document (Red Herring Prospectus) carefully before investing.

Data sourced from NSE, BSE, the issue's registrar, and public filings. BasicFintech is not affiliated with the issuing company, its underwriters, or the exchanges.

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