Shreenath Paper IPO is a fixed price issue of Rs 23.36 crores. The issue is entirely a fresh issue of 53.10 lakh shares.
Shreenath Paper IPO bidding opened for subscription on February 25, 2025 and will close on February 28, 2025. The allotment for the Shreenath Paper IPO is expected to be finalized on Monday, March 3, 2025. Shreenath Paper IPO will be list on BSE SME with a tentative listing date fixed as Wednesday, March 5, 2025.
Shreenath Paper IPO price is ₹44 per share. The minimum lot size for an application is 3000. The minimum amount of investment required by retail investors is ₹1,32,000.The minimum lot size investment for HNI is 2 lots (6,000 shares) amounting to ₹2,64,000.
GMP as per Investorgain.com website is as shown below
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Estimated Listing Price | Last Updated |
|---|---|---|---|---|---|
| 27-02-2025 | 44.00 | ₹8  | 18200 | ₹52 (18.18%) | 27-Feb-2025 10:59 |
| 26-02-2025 | 44.00 | ₹0  | -- | ₹44 (0.00%) | 26-Feb-2025 23:34 |
| 25-02-2025Open | 44.00 | ₹0 | -- | ₹44 (0.00%) | 25-Feb-2025 23:29 |
| 24-02-2025 | 44.00 | ₹0 | -- | ₹44 (0.00%) | 24-Feb-2025 23:29 |
| 23-02-2025 | 44.00 | ₹0 | -- | ₹44 (0.00%) | 23-Feb-2025 23:28 |
| 22-02-2025 | 44.00 | ₹0 | -- | ₹44 (0.00%) | 22-Feb-2025 23:32 |
| 21-02-2025 | 44.00 | ₹0 | -- | ₹44 (0.00%) | 21-Feb-2025 23:34 |
