The IPO market remains robust in August 2025, with several high-profile offerings lined up across various sectors. Riding this momentum, Abril Paper Tech Limited, a Surat-based manufacturer of sublimation heat transfer paper, has opened its IPO on August 29, 2025.
Here is a detailed insight into the Abril Paper Tech IPO details and the industry outlook.
About Abril Paper Tech Ltd.
Founded in 2023, Abril Paper Tech Limited is a company specialising in the manufacturing and marketing of sublimation heat transfer paper. The company operates in the paper and stationery sector, producing various GSM grades of paper to cater to different printing needs in industries like garments, textiles, and home furnishings. Abril Paper Tech has grown its operations from a trading business to a manufacturer with its own coating lines in Surat, Gujarat.
The company’s competitive strengths include its focus on quality, a diversified product range, and a dedicated sales network that covers the pan-India market.
Abril Paper Tech Ltd. IPO Details
The Abril Paper Tech IPO is a fixed price issue of ₹13.42 crore. The entire issue is a fresh issue of 22.00 lakh shares. The proceeds will be used for capital expenditure for plant and machinery, working capital requirements, and general corporate purposes.
Important IPO Timeline
| Event | Date |
| IPO Open Date | Fri, Aug 29, 2025 |
| IPO Close Date | Tue, Sep 2, 2025 |
| Tentative Allotment | Wed, Sep 3, 2025 |
| Initiation of Refunds | Thu, Sep 4, 2025 |
| Credit of Shares to Demat | Thu, Sep 4, 2025 |
| Tentative Listing Date | Fri, Sep 5, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Sep 2, 2025 |
Key IPO Details
| Particulars | Details |
| IPO Date | August 29, 2025 to September 2, 2025 |
| Listing Date | – |
| Face Value | ₹10 per share |
| Issue Price | ₹61 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 22,00,000 shares (aggregating up to ₹13.42 Cr) |
| Reserved for Market Maker | 1,12,000 shares (aggregating up to ₹0.6832 Cr) |
| Net Offered to Public | 20,88,000 shares (aggregating up to ₹12.74 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Shareholding Pre-Issue | 57,81,840 shares |
| Shareholding Post-Issue | 79,81,840 shares |
Lot Size of Abril Paper Tech Ltd. IPO
| Application | Lots | Shares | Amount |
| Individual investors (Retail) (Min) | 2 | 4,000 | ₹2,44,000 |
| Individual investors (Retail) (Max) | 2 | 4,000 | ₹2,44,000 |
| HNI (Min) | 3 | 6,000 | ₹3,66,000 |
Abril Paper Tech Ltd. Financials
Abril Paper Tech Ltd. has demonstrated significant financial growth, with a strong performance in key metrics such as revenue and profit. As the company prepares for its IPO, it is valued at a market capitalisation of ₹48.69 crore.
Key Performance Indicators (as of Mar 31, 2025)
- Return on Equity (ROE): 18.03%
- Return on Capital Employed (ROCE): 16.38%
- Debt/Equity: 0.10
- Price-to-Book Value: 3.35.
- Pre-IPO P/E: 14.26
Company Financial Snapshot
| Period Ended (₹ Crore) | 31 Mar 2025 | 31 Mar 2024 |
| Assets | 12.97 | 8 |
| Total Income | 60.91 | 7 |
| Profit After Tax | 1.41 | 0 |
| EBITDA | 2.01 | 1 |
| Net Worth | 10.52 | 6 |
| Reserves and Surplus | 4.74 | 0.43 |
| Total Borrowing | 1.07 | – |
Use of IPO Proceeds
The net proceeds from the fresh issue of Abril Paper Tech IPO will be utilised for:
| S.No. | Purpose of the Issue | Expected Amount (₹ in crores) |
| 1 | Investment in capital expenditure for acquiring machinery | 5 |
| 2 | Funding for working capital | 5 |
| 3 | Allocation for general corporate needs | 2 |
Conclusion
The Abril Paper Tech IPO offers investors an opportunity to invest in a company with a strong market presence and a robust growth trajectory in the paper and stationery sector. The company’s healthy financial performance and strategic use of IPO funds for working capital needs suggest a positive long-term outlook.
As an SME IPO, it carries a certain level of risk and may be suitable for investors with a moderate to high-risk appetite and a long-term investment horizon. A thorough review of the company’s financials and market position is recommended before making an investment decision.
