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The Print
3 days ago
- Business
- The Print
ATEN PAPERS Limited IPO Opens on June 13, 2025
New Delhi [India], June 11: ATEN PAPERS Limited (APL) has announced its plan to go public with an Initial Public Offering (IPO) on June 13, 2025, aiming to raise up to Rs. 31.68 Cr with shares to be listed on the BSE SME PLATFORM. The issue is 33,00,000 equity Shares equity shares at a face value of Rs. 10 each. Aten Papers Limited Incorporated in 2019, Aten Papers & Foam Limited is operates as a key intermediary in the paper product supply chain. The company operates as an important intermediary in the Paper Product Supply Chain. The company sources paper from various mills and supplies it to clients in the packaging industry, these products include Kraft Paper and Duplex Board. The company offers Kraft paper, duplex boards, and other products in various grades, thicknesses, and sizes, while also purchasing and selling wastepaper to paper mills as a crucial raw material. APL operates from its Registered Office at Ahmedabad. It also has Godown located in Chandgdar, Ahmedabad City. The company has a management team with two decades of intensive guiding in strategic decisions and daily operations insight. The company is planning to setup wastepaper processing unit at three locations in the Ahmedabad City by installing requisite machineries. The Promoters, Mr. Mohamedarif, Mohamedibrahim Lakhani and Mrs. Amrin Lakhani have deep knowledge, vision, and industry insight. The company has variety of products, high credibility with the banker and existing lines of credit since 2019, In-house logistics and Ready stock. – Total Issue Size – 33,00,000 equity shares of Rs. 10 each ( aggregating up to Rs. 31.68Cr) – Book Built Issue Size – up to Rs 31.68 Crores – Price Band – Rs. 91 to Rs.96 per share Per Share – Lot Size – 1200 Equity Shares Equity Share Allocation Total Issue Size (Fresh Issue): 33,00,000 shares (Aggregating up to Rs. Rs. 31.68 cr. at the upper cap.) Market Maker Quota : 1, 65,600 shares QIB Quota: Not more than 5% of the Net Issue Retail Quota: Not less than 47.50% of the Net Issue HNI Quota: Not more than 47.50% of the Net Issue Price Band: Rs. 91 to Rs. 96 Lot Size: 1200 Shares IPO Size (at cap price): Rs. 33,00,000 shares (aggregating up to Rs. Rs. 31.68cr.) Pre-Issue No. of Shares: 70, 00,000 shares Post Issue No. of Shares: 1, 03, 00,000 shares Issue Opens on: Friday, June 13, 2025 Issue Closes on: TUESDAY, JUNE 17, 2025 Tentative Listing Date: Friday, June 20, 2025 Post-IPO, company's current paid-up equity capital of Rs.7 cr. will stand enhanced to Rs. 10.30 cr. Based on the upper price band of the IPO, the company is looking for a market cap of Rs. 99cr. Objects of the Issue: The Net Issue Proceeds from the Fresh Issue will be utilized towards the following objects: 1. Capital Expenditure 2. To Meet Working Capital Requirements 3. General Corporate Purposes Swastika Investmart Ltd is the book-running lead manager of the Aten Papers & Foam IPO, while Skyline Financial Services Private Ltd is the registrar for the issue. The market maker for Aten Papers & Foam IPO is Sunflower Broking Private Limited. Financial Performance: On the financial performance front, for the last three fiscals, the company has posted a total income/net profit of Rs. 138.70cr. / Rs. 7.01 cr. (FY25), Rs. 96.80 cr. / Rs. 2.78 cr. (FY24), Rs. 90.99 cr. / Rs. 0.50 cr. (FY23) and Rs. 89.83 Cr/ Rs. 0.76 Cr (FY 22).. For the reported periods, the company has posted PAT margins of 5.06%, 2.87%, 0.55%, 0.85% respectively. Disclaimer: Certain statements in this document that are not historical facts are forward looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances. (ADVERTORIAL DISCLAIMER: The above press release has been provided by PNN. ANI will not be responsible in any way for the content of the same) This story is auto-generated from a syndicated feed. ThePrint holds no responsibility for its content.
Business Standard
5 days ago
- Business
- Business Standard
Volumes jump at Anand Rathi Wealth Ltd counter
Anand Rathi Wealth Ltd saw volume of 5.98 lakh shares by 14:14 IST on NSE, a 7.33 fold spurt over two-week average daily volume of 81550 shares Atul Ltd, Global Health Ltd, Endurance Technologies Ltd, Bajaj Finance Ltd are among the other stocks to see a surge in volumes on NSE today, 16 June 2025. Anand Rathi Wealth Ltd saw volume of 5.98 lakh shares by 14:14 IST on NSE, a 7.33 fold spurt over two-week average daily volume of 81550 shares. The stock increased 3.97% to Rs.2,093.00. Volumes stood at 89482 shares in the last session. Atul Ltd notched up volume of 1.84 lakh shares by 14:14 IST on NSE, a 6.79 fold spurt over two-week average daily volume of 27138 shares. The stock rose 4.03% to Rs.7,286.00. Volumes stood at 37787 shares in the last session. Global Health Ltd registered volume of 5.74 lakh shares by 14:14 IST on NSE, a 5.71 fold spurt over two-week average daily volume of 1.01 lakh shares. The stock rose 2.30% to Rs.1,213.30. Volumes stood at 1.3 lakh shares in the last session. Endurance Technologies Ltd notched up volume of 5.57 lakh shares by 14:14 IST on NSE, a 5.17 fold spurt over two-week average daily volume of 1.08 lakh shares. The stock rose 2.71% to Rs.2,466.20. Volumes stood at 88187 shares in the last session. Bajaj Finance Ltd notched up volume of 55.17 lakh shares by 14:14 IST on NSE, a 4.55 fold spurt over two-week average daily volume of 12.14 lakh shares. The stock rose 0.74% to Rs.940.00. Volumes stood at 10.18 lakh shares in the last session.
The Hindu
5 days ago
- Sport
- The Hindu
Abhijeet Gupta triumphs in Delhi Open chess tournament
Grandmaster Abhijeet Gupta executed a quick draw in the tenth round against Aronyak Ghosh and clinched the title with 8.5 points in the 21st Delhi GM Open chess tournament at the Tivoli Gardens, Chhattarpur, on Saturday. It was a 12-move draw following a repetition of the position thrice that ensured the fourth title in the tournament for the 35-year-old Abhijeet. The title fetched a cash prize of Rs.7,00,000 for Abhijeet who won seven matches and drew the other three. There were five players tied on eight points, but as per the tie-break score, Mihail Nikitenko, Diptayan Ghosh, Aronyak Ghosh, Aditya Samant and Duc Hoa Nguyen were placed second to sixth in that order. The second placing was worth Rs.6,00,000 while the reduction of prize money by Rs.1,00,000 every spot meant Rs.2,00,000 for the sixth place. There were as many as 16 players tied on 7.5 points, but the tie-break rule categorised them in order, fetching Rs.1,00,000 for the seventh to tenth place. Top seed SL Narayanan finished seventh and pocketed Rs.1,00,000. There was cash prize up to the 55th spot in the tournament that carried an overall prize purse of Rs.1.21 crore, spread over three sections. In the category of the lowest rated players, Dinesh Kumar won the first prize of Rs.4,00,000. He was followed by Naitik Sethi and M Sibi who won Rs.3,00,000 and Rs.2,00,000 respectively. The results (tenth round): Abhijeet Gupta 8.5 drew with Aronyak Ghosh 8; S.L. Narayanan 7.5 drew with Aditya Samant 8; Diptayan Ghosh 8 bt Adarsh Sriram 7; Semetei Tegin 7.5 drew with Karthik Venkataraman 7.5; Manuel Petrosyan 7.5 drew with Mamikon Gharibyan 7.5; Luka Paichadze 7.5 drew with Neelash Saha 7.5; Duc Hoa Nguyen 8 bt Vitaly Sivuk 7; S. Nitin lost to Mihail Nikitenko 8; Deepan Chakkravarthy 7 drew with Van Huy Nguyen 7.5; Levan Pantsulaia 6.5 lost to Saravana Krishnan 7.5; David Gochelashvili 6.5 lost to Arsen Davtyan 7.5; P. Karthikeyan 7 drew with Harsh Suresh 7; Mikulas Manik 7 drew with Hari Madhavan 7; Uurtsaikh Agibileg 7.5 bt Viresh Sharnarthi 6.5; Alexander Slizhevsky 6.5 lost to Paras Bhoir 7.5.
The Wire
11-06-2025
- Business
- The Wire
ATEN PAPERS Limited IPO Opens on June 13, 2025
Real journalism holds power accountable Since 2015, The Wire has done just that. But we can continue only with your support. Contribute Now New Delhi [India], June 11: ATEN PAPERS Limited (APL) has announced its plan to go public with an Initial Public Offering (IPO) on June 13, 2025, aiming to raise up to Rs. 31.68 Cr with shares to be listed on the BSE SME PLATFORM. The issue is 33,00,000 equity Shares equity shares at a face value of Rs. 10 each. Aten Papers Limited Incorporated in 2019, Aten Papers & Foam Limited is operates as a key intermediary in the paper product supply chain. The company operates as an important intermediary in the Paper Product Supply Chain. The company sources paper from various mills and supplies it to clients in the packaging industry, these products include Kraft Paper and Duplex Board. The company offers Kraft paper, duplex boards, and other products in various grades, thicknesses, and sizes, while also purchasing and selling wastepaper to paper mills as a crucial raw material. APL operates from its Registered Office at Ahmedabad. It also has Godown located in Chandgdar, Ahmedabad City. The company has a management team with two decades of intensive guiding in strategic decisions and daily operations insight. The company is planning to setup wastepaper processing unit at three locations in the Ahmedabad City by installing requisite machineries. The Promoters, Mr. Mohamedarif, Mohamedibrahim Lakhani and Mrs. Amrin Lakhani have deep knowledge, vision, and industry insight. The company has variety of products, high credibility with the banker and existing lines of credit since 2019, In-house logistics and Ready stock. ● Total Issue Size – 33,00,000 equity shares of Rs. 10 each ( aggregating up to Rs. 31.68Cr) ● Book Built Issue Size – up to ₹ 31.68 Crores ● Price Band – Rs. 91 to Rs.96 per share Per Share ● Lot Size – 1200 Equity Shares Equity Share Allocation Total Issue Size (Fresh Issue): 33,00,000 shares (Aggregating up to Rs. Rs. 31.68 cr. at the upper cap.) Market Maker Quota : 1, 65,600 shares QIB Quota: Not more than 5% of the Net Issue Retail Quota: Not less than 47.50% of the Net Issue HNI Quota: Not more than 47.50% of the Net Issue Price Band: Rs. 91 to Rs. 96 Lot Size: 1200 Shares IPO Size (at cap price): Rs. 33,00,000 shares (aggregating up to Rs. Rs. 31.68cr.) Pre-Issue No. of Shares: 70, 00,000 shares Post Issue No. of Shares: 1, 03, 00,000 shares Issue Opens on: Friday, June 13, 2025 Issue Closes on: TUESDAY, JUNE 17, 2025 Tentative Listing Date: Friday, June 20, 2025 Post-IPO, company's current paid-up equity capital of Rs.7 cr. will stand enhanced to Rs. 10.30 cr. Based on the upper price band of the IPO, the company is looking for a market cap of Rs. 99cr. Objects of the Issue: The Net Issue Proceeds from the Fresh Issue will be utilized towards the following objects: 1. Capital Expenditure 2. To Meet Working Capital Requirements 3. General Corporate Purposes Swastika Investmart Ltd is the book-running lead manager of the Aten Papers & Foam IPO, while Skyline Financial Services Private Ltd is the registrar for the issue. The market maker for Aten Papers & Foam IPO is Sunflower Broking Private Limited. Financial Performance: On the financial performance front, for the last three fiscals, the company has posted a total income/net profit of Rs. 138.70cr. / Rs. 7.01 cr. (FY25), Rs. 96.80 cr. / Rs. 2.78 cr. (FY24), Rs. 90.99 cr. / Rs. 0.50 cr. (FY23) and Rs. 89.83 Cr/ Rs. 0.76 Cr (FY 22).. For the reported periods, the company has posted PAT margins of 5.06%, 2.87%, 0.55%, 0.85% respectively. Disclaimer: Certain statements in this document that are not historical facts are forward looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances. (Disclaimer: The above press release comes to you under an arrangement with PNN and PTI takes no editorial responsibility for the same.). This is an auto-published feed from PTI with no editorial input from The Wire.
Business Standard
11-06-2025
- Business
- Business Standard
ATEN PAPERS Limited IPO Opens on June 13, 2025
PNN New Delhi [India], June 11: ATEN PAPERS Limited (APL) has announced its plan to go public with an Initial Public Offering (IPO) on June 13, 2025, aiming to raise up to Rs. 31.68 Cr with shares to be listed on the BSE SME PLATFORM. The issue is 33,00,000 equity Shares equity shares at a face value of Rs. 10 each. Aten Papers Limited Incorporated in 2019, Aten Papers & Foam Limited is operates as a key intermediary in the paper product supply chain. The company operates as an important intermediary in the Paper Product Supply Chain. The company sources paper from various mills and supplies it to clients in the packaging industry, these products include Kraft Paper and Duplex Board. The company offers Kraft paper, duplex boards, and other products in various grades, thicknesses, and sizes, while also purchasing and selling wastepaper to paper mills as a crucial raw material. APL operates from its Registered Office at Ahmedabad. It also has Godown located in Chandgdar, Ahmedabad City. The company has a management team with two decades of intensive guiding in strategic decisions and daily operations insight. The company is planning to setup wastepaper processing unit at three locations in the Ahmedabad City by installing requisite machineries. The Promoters, Mr. Mohamedarif, Mohamedibrahim Lakhani and Mrs. Amrin Lakhani have deep knowledge, vision, and industry insight. The company has variety of products, high credibility with the banker and existing lines of credit since 2019, In-house logistics and Ready stock. - Total Issue Size - 33,00,000 equity shares of Rs. 10 each ( aggregating up to Rs. 31.68Cr) - Book Built Issue Size - up to Rs 31.68 Crores - Price Band - Rs. 91 to Rs.96 per share Per Share - Lot Size - 1200 Equity Shares Equity Share Allocation Total Issue Size (Fresh Issue): 33,00,000 shares (Aggregating up to Rs. Rs. 31.68 cr. at the upper cap.) Market Maker Quota : 1, 65,600 shares QIB Quota: Not more than 5% of the Net Issue Retail Quota: Not less than 47.50% of the Net Issue HNI Quota: Not more than 47.50% of the Net Issue Price Band: Rs. 91 to Rs. 96 Lot Size: 1200 Shares IPO Size (at cap price): Rs. 33,00,000 shares (aggregating up to Rs. Rs. 31.68cr.) Pre-Issue No. of Shares: 70, 00,000 shares Post Issue No. of Shares: 1, 03, 00,000 shares Issue Opens on: Friday, June 13, 2025 Issue Closes on: TUESDAY, JUNE 17, 2025 Tentative Listing Date: Friday, June 20, 2025 Post-IPO, company's current paid-up equity capital of Rs.7 cr. will stand enhanced to Rs. 10.30 cr. Based on the upper price band of the IPO, the company is looking for a market cap of Rs. 99cr. Objects of the Issue: The Net Issue Proceeds from the Fresh Issue will be utilized towards the following objects: 1. Capital Expenditure 2. To Meet Working Capital Requirements 3. General Corporate Purposes Swastika Investmart Ltd is the book-running lead manager of the Aten Papers & Foam IPO, while Skyline Financial Services Private Ltd is the registrar for the issue. The market maker for Aten Papers & Foam IPO is Sunflower Broking Private Limited. Financial Performance: On the financial performance front, for the last three fiscals, the company has posted a total income/net profit of Rs. 138.70cr. / Rs. 7.01 cr. (FY25), Rs. 96.80 cr. / Rs. 2.78 cr. (FY24), Rs. 90.99 cr. / Rs. 0.50 cr. (FY23) and Rs. 89.83 Cr/ Rs. 0.76 Cr (FY 22).. For the reported periods, the company has posted PAT margins of 5.06%, 2.87%, 0.55%, 0.85% respectively. Disclaimer: Certain statements in this document that are not historical facts are forward looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.
