243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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Nikita Papers Limited

New Delhi

Date of DRHP : 05 Jul 2024

Issue Type : Book Building Process

IPO Type :
SME IPO

Nikita Papers Basic Details

   Paper and Stationery

Sub Sector: Manufacturer of the Kraft Papers

Exchange:
NSE Emerge

About the Company

Nikita Papers was originally incorporated as a Private Limited Company on August 18, 1989, with the Corporate Identification Number U21015UP1989PTC011059. Later, pursuant to shareholders resolution passed on May, 26, 2003 it converted into a Public Limited Company and fresh COI issued by RoC to the company dated June 12, 2003, and Corporate Identification Number of the company changed to U74899DL1989PLC129066 with its headquarters located at A-10, First Floor, Near Deepali Chowk, Saraswati Vihar, Pitampura, New Delhi 110034. Currently, companies Corporate Identification Number is U74899DL1989PLC129066. Mr. Ashok Kumar Bansal, with over 35 years of overall experience and more than 25 years specifically in the paper industry, leads the Nikita as its Chairman. In 1991, a Unit in the name of Nikita Papers Ltd. was established at Industrial Estate, Panipat Road, Shamli (U.P) to manufacture Kraft paper with 30 Tons per Day Capacity. Since then, the company has undergone through many expansion & modernizations time to time as per the demand of the market to maintain its quality and now the paper quality of the company is well established in the paper market. At present the installed capacity of the company is approx. 1,33,000 M.T. per annum. The company in manufacturing Kraft paper ranging from 80 to 200 GSM in various Burst Factor (B.F.) ranges. This diverse product offering allows Nikita Papers Ltd. to cater to a wide range of customer needs within the paper industry.

Financial Summary (Annualised Basis)

Revenue :
338.60 Cr.

PAT :
16.59 Cr.

Nikita Papers IPO Lead Manager(s)

Fast Track Finsec Private Limited

Nikita Papers IPO Registrar

Skyline Financial Services Private Limited

Nikita Papers DRHP Details

Objects of issue

  • To meet Capital expenditure towards setting up a Power Plan
  • To meet out the Working Capital requirements of the Company
  • To meet out the General Corporate Purposes
  • To meet out the Issue Expenses.

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FAQs

Nikita Papers operates in Paper and Stationery and Manufacturer of the Kraft Papers. The Issue would be listed on SME. The registrar of the Issue is Skyline Financial Services Private Limited. The IPO type of Nikita Papers is Book Building Process and Object of issue is

  • To meet Capital expenditure towards setting up a Power Plan
  • To meet out the Working Capital requirements of the Company
  • To meet out the General Corporate Purposes
  • To meet out the Issue Expenses.

The DRHP (Draft Red Herring Prospectus) of Nikita Papers IPO was filed on 05 Jul 2024.

No, Nikita Papers IPO is not yet listed. See other upcoming SME IPOs here.

The IPO open date and IPO close date of Nikita Papers are not available now. You can apply in Nikita Papers IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.

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