Aten Papers & Foam IPO Allotment Status

How to Check Aten Papers & Foam IPO Allotment Status?

Aten Papers & Foam Limited, incorporated in 2019, operates as a key intermediary in the paper product supply chain, sourcing paper from various mills and supplying it to clients in the packaging industry. The Aten Papers & Foam IPO comes with a total issue size of ₹31.68 crore, comprising entirely a fresh issue of 33.00 lakh shares. The IPO opened on June 13, 2025, and closed on June 17, 2025. The allotment date for the Aten Papers & Foam IPO is expected to be finalized on Wednesday, June 18, 2025. The Aten Papers & Foam share price band is set at ₹91 to ₹96 per share.

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Steps to Check Aten Papers & Foam IPO Allotment Status on Registrar Site

• Visit the Skyline Financial Services Private Ltd website
• Select "Aten Papers & Foam IPO" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Aten Papers & Foam IPO Allotment Status on BSE SME

• Select the investment type: Equity/Debt
• Navigate to the BSE/NSE IPO Allotment Status Page
• Choose "Aten Papers & Foam IPO" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

Aten Papers & Foam IPO Subscription Status

Aten Papers & Foam IPO received modest investor interest, being subscribed 1.49 times overall. The retail category showed better response compared to institutional categories in the Aten Papers & Foam stock price potential. Here is a category-wise breakdown of the subscription as of 5:04:33 PM on June 17, 2025:

• Retail Category: 2.17 times
• Qualified Institutional Buyers (QIB): 2.91 times
• Non-Institutional Investors (NII): 0.66 times

Aten Papers & Foam Utilisation of IPO Proceeds

The funds raised through the IPO will be utilized as follows:

• Capital Expenditure: Funding capital expenditure requirements (₹4.27 crore)
• Working Capital: To meet working capital requirements (₹15.50 crore)
• General Corporate Purposes: Supporting various business initiatives

Business Overview

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. Aten Papers & Foam's product portfolio includes Kraft Paper for packaging primarily to Gujarat-based customers, Absorbent Kraft Paper used in interior décor and furniture, Paper Bag Kraft Paper for eco-friendly packaging, and Tube Kraft Paper manufactured using wood pulp, kraft paper, and cardboard.

As of November 30, 2024, the company had 14 employees and operates with competitive strengths including an experienced senior management team, variety of products, high credibility with bankers, in-house logistics, and ready stock availability. The company has demonstrated strong financial performance with revenue increasing by 43% and profit after tax rising by 152% between FY 2024 and FY 2025, achieving revenue of ₹138.70 crore and PAT of ₹7.01 crore for FY 2025.

Operating in the B2B mode for the packaging industry, investors tracking the Aten Papers & Foam stock price will watch how the company leverages the IPO proceeds to expand its operations and strengthen its position in the paper product supply chain, though the modest subscription levels suggest cautious market sentiment about the aggressive pricing.