Nikita Papers IPO Allotment Status

Nikita Papers Limited, incorporated in 1989, is engaged in the manufacturing of paper and paper products, specialising in producing a range of paper grades suitable for industrial, commercial, and printing applications. The Nikita Papers IPO comes with a total issue size of ₹67.54 crore, comprising entirely a fresh issue of 64.94 lakh shares. The IPO opened on May 27, 2025, and closed on May 29, 2025. The allotment date for the Nikita Papers IPO is expected to be finalised on Friday, May 30, 2025.

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Steps to Check Nikita Papers IPO Allotment Status on Registrar Site

• Visit the Skyline Financial Services Private Ltd website
• Select "Nikita Papers IPO" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, CAF no. 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 Nikita Papers IPO Allotment Status on NSE

• Navigate to the NSE SME IPO Allotment Status Page
• Choose "Nikita Papers 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

Nikita Papers IPO Subscription Status

Nikita Papers IPO received moderate investor interest, being subscribed 1.43 times overall. Here is a category-wise breakdown of the subscription as of 5:20:00 PM on May 29, 2025:

• Retail Category: 1.84 times
• Qualified Institutional Buyers (QIB): 0.74 times
• Non-Institutional Investors (NII): 2.11 times

Utilization of IPO Proceeds

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

• Power Plant: Capital Expenditure towards the setting up of the Power Plant
• Working Capital: Working Capital Requirement
• General Corporate Purposes: Supporting various business initiatives
• Issue Expenses: Costs related to the IPO

Business Overview

The company specialises in environmentally sustainable production processes, often incorporating recycled materials in its manufacturing. With a strong distribution network, Nikita Papers serves both domestic and international markets, striving to maintain quality and consistency. The company offers Kraft Paper, a durable and breathable packaging solution ranging from 70–200 GSM, ideal for wrapping, bags, cushioning, and various eco-friendly and creative applications. Nikita Papers may also be involved in verticals such as packaging, tissue paper, or speciality paper products, with a team of 208 employees as of May 09, 2025.