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Subam Papers IPO GMP: Key Insights You Need to Know! 

Subam Papers Limited IPO offers shares at ₹144 to ₹152, with a ₹0 Grey Market Premium. Available in 800 share lots, the subscription runs from September 30 to October 3, 2024.
Subam Papers IPO GMP: Key Insights You Need to Know! 

Subam Papers Limited IPO has a ₹0 Grey Market Premium as of September 27, 2024, with a price range of ₹144 to ₹152 per share. Offering lots of 800 shares, the subscription window is open from September 30 to October 3, 2024.

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Subam Papers Limited IPO GMP Today

The Grey Market Premium (GMP) for Subam Papers Limited is ₹0 as of September 27, 2024. This assessment coincides with a price of ₹144 to ₹152 per share for the IPO.

Subam Papers Limited IPO Review

Subam Papers rebounded from a challenging 2023 with a profit in 2024, showing resilience through a stronger RoNW and improved NAV per share. Despite revenue fluctuations, cost control improved, and a stable debt-equity ratio supports a positive outlook with increased assets and manageable debt levels.

Profit surged in 2024, reflecting significant recovery alongside an increase in EPS, which signals enhanced shareholder profitability. The company’s asset base expanded, and though liabilities rose, financial leverage remained balanced. The current ratio suggests tighter liquidity, yet it remains sufficient to meet short-term obligations.

To get a full IPO review, click here Subam Papers Limited IPO

Subam Papers Limited IPO Date

Subam Papers Limited IPO will start accepting subscriptions from September 30, 2024 to October 3, 2024

Subam Papers Limited IPO Price

Subam Papers Limited IPO price range is at ₹144 to ₹152 per share with a face value of ₹10 each.

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Subam Papers Limited

Subam, established in 2004, specialises in Kraft Paper and Paper Products as a packaging solutions provider. Unlike traditional methods, they use waste paper, not wood pulp, emphasising recycling and environmental preservation. Subam powers its operations with renewable energy, owning two 850 KW windmills and a 14 MW solar plant, reinforcing its commitment to sustainability.

How To Apply For Subam Papers Limited IPO?

To apply for the Subam Papers Limited IPO through Alice Blue, follow these steps:

1. Open a Demat and Trading Account with Alice Blue if you don’t have one.

2. Access IPO details for Subam Papers Limited on the Alice Blue platform.

3. Place your bid for the desired number of shares within the IPO’s price range.

4. Confirm your information and submit your application quickly.

You can apply for the Subam Papers Limited IPO at Alice Blue in just a few clicks!

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