Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
Nikita Papers IPO
Price Band
₹95.0–104.0
Issue Size
₹67.54 Cr
Lot Size
1,200 shares
Min Investment
₹124,800
GMP
—
Issue Price
₹104.0
Nikita Papers IPO AI Summary
- Nikita Papers IPO is listed on NSE SME in the Paper & Paper Products sector.
- Price band: ₹95.0–₹104.0 per share, lot size 1,200 shares (min. investment ₹124,800).
- Subscription window: 27 May–29 May 2025, listing on 03 Jun 2025.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Nikita Papers IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 29 May 2025 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Nikita Papers IPO Grey Market Premium (GMP) Today
GMP not available yet
Grey Market Premium is updated daily. Check back closer to the listing date.
About the Company
Incorporated in 1989, Nikita Papers Limited is engaged in the manufacturing of paper and paper products. The company specializes in producing a range of paper grades suitable for industrial, commercial, and printing applications. The company typically focuses on environmentally sustainable production processes, often incorporating recycled materials in its manufacturing. With a strong distribution network, Nikita Papers Limited serves both domestic and international markets, striving to maintain quality, consistency. Depending on its size and operations, Nikita Papers Limited may also be involved in verticals such as packaging, tissue paper, or specialty paper products. Products: The company offers Kraft Paper, a durable and breathable packaging solution ranging from 70–200 GSM, ideal for wrapping, bags, cushioning, and various eco-friendly and creative applications. As of May 09, 2025, the company has 208 employees. Competitive Strengths: Experienced Promoters Expansion into Fluting Media Market Potential Innovative Equipment Strategic Location
Company Financials (₹ Cr)
As of 2024-12-31
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 349.78 | 299.00 | 256.80 | 235.30 |
| Total Income | 272.38 | 346.78 | 401.31 | 358.49 |
| Profit After Tax | 15.68 | 16.60 | 8.65 | 6.95 |
| NET Worth | 93.05 | 77.37 | 54.74 | 46.10 |
| Reserves and Surplus | 74.88 | 59.20 | 46.13 | 37.48 |
| Total Borrowing | 206.71 | 189.24 | 163.02 | 124.74 |
Key Ratios
EPS
₹9.13
NAV
₹42.57
ROE
21.45%
ROCE
28.71%
RoNW
21.45%
P/B Value
2.44
P/E Ratio
11.39
Market Cap
₹256.55 Cr
PAT Margin
4.79%
Debt/Equity
0.45
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic | EPS Diluted |
|---|---|---|---|---|---|
| Pakka Limited | 67.58 | 18.38% | 18.98 | 12.57 | 12.57 |
| Ruchira Papers Ltd. | 138.81 | 12% | 6.48 | 16.48 | 16.48 |
| Tamilnadu Newsprint and Papers Limited | 301.94 | 10% | 76.41 | 30.08 | 30.08 |
| Magnum Ventures Ltd. | 115.64 | 3.62% | 10.64 | 5.04 | 5.04 |
| Nikita Papers Limited This IPO | 51.2 | 16.85% | — | 8.63 | 8.63 |
Promoters
Ashok Kumar Bansal, Sudhir Kumar Bansal, Ayush Bansal, Abhinav Bansal, Anuj Bansal & Sons (HUF) and Naresh Chand Bansal
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Capital Expenditure towards setting up of Power Plant 50.00 2 Working Capital Requirement 5.00 3 General Corporate Purposes 8.15 4 Issue Expenses 4.39 Total 67.54
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total Income was ₹401.31 Cr for the year ending 31 Mar 2023, decreasing to ₹346.78 Cr by 31 Mar 2024, and further declining to ₹272.38 Cr as of 31 Dec 2024, though this is a 9-month figure, not a full year, so isn't directly comparable.
Profit Trend
Profit After Tax was ₹6.95 Cr for the year ending 31 Mar 2022, increasing to ₹8.65 Cr by 31 Mar 2023, and then rising to ₹16.60 Cr for the year ending 31 Mar 2024, before slightly decreasing to ₹15.68 Cr as of 31 Dec 2024, though this is a 9-month figure, not a full year, so isn't directly comparable.
Valuation
Nikita Papers Limited has an EPS of ₹9.13, which implies a P/E ratio of 11.39 at the issue price. In comparison, peers are trading at P/E ratios ranging from 6.48 to 76.41.
Grey Market Premium, Explained
The Grey Market Premium (GMP) refers to the unofficial trading of shares before they are listed on the stock exchange. It indicates the expected listing price of the shares based on demand and supply in the grey market. A positive GMP suggests that the shares may list at a premium, while a negative GMP indicates the opposite.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their overall investment strategy and risk tolerance. It's important to consider the company's fundamentals and market conditions.
Who May Want to Wait
Investors who prefer stable returns and are risk-averse may want to avoid IPOs in sectors with high volatility or those that have not demonstrated consistent financial performance.
IPO Timeline, Explained
The IPO opens for subscription on May 27, 2025, and closes on May 29, 2025. Allotment of shares will be done on May 30, 2025, and the shares are expected to be listed on June 3, 2025.
Listing Gains — The Risk
Listing-day gains can be unpredictable and depend on various factors, including market sentiment and demand for the stock. Investors should be aware that while some IPOs may see significant gains on their debut, others may not perform as expected.
This evaluation is generated from Nikita Papers's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is the price band of Nikita Papers IPO?
The price band of Nikita Papers IPO is ₹95.0–₹104.0 per share.
When does Nikita Papers IPO open and close?
Nikita Papers IPO opens on 27 May 2025 and closes on 29 May 2025.
When does Nikita Papers IPO list on the stock exchange?
Nikita Papers IPO listed on 03 June 2025 at ₹104.0.
What is the lot size for Nikita Papers IPO?
The lot size for Nikita Papers IPO is 1200 shares, requiring a minimum investment of ₹124,800.
What is the price band for the IPO?
The price band for the IPO is ₹95.0 to ₹104.0.
What is the minimum investment amount?
The minimum investment amount is ₹124,800.
What is the lot size for this IPO?
The lot size for this IPO is 1200 shares.
When is the listing date?
The shares are expected to be listed on June 3, 2025.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected listing price of the shares based on demand and supply in the grey market.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
27 May 2025
Close
29 May 2025
Allotment
30 May 2025
Listing
03 Jun 2025
Similar IPOs in Paper & Paper Products
Plan Your IPO Investment
Related Articles
Community Sentiment
What are other investors planning for Nikita Papers?
No votes yet — be the first to share your view.
Sign in to voteDiscussion
User-generated content — not investment advice, and not verified or endorsed by TopFund.
No comments yet — start the discussion.