Abril Paper Tech IPO

Abril Paper Tech Private, incorporated in 2023 and based in Gujarat, manufactures sublimation heat transfer paper for India’s digital printing industry. The company produces paper in GSM specifications ranging from 30-90 GSM and sizes from 24-72 inches for applications in printing, garments, textiles, hosiery, and home furnishing sectors.

Abril Paper Tech IPO

Sublimation Heat Transfer Paper Manufacturer

LIVE IPO
IPO Date
29th Aug – 02nd Sep 2025
Listing Date
05 Sep 2025
Price Range
₹61
(Fixed Price)
Lot Size
2000 shares
₹122,000 (Retail)
Issue Size
₹13.42 Crores
📅 IPO Schedule
Event Date
Issue Open Date29 Aug 2025
Issue Close Date02 Sep 2025
UPI Mandate Deadline02 Sep 2025 (5 PM)
Allotment Finalization03 Sep 2025
Refund Initiation04 Sep 2025
Share Credit04 Sep 2025
Listing Date05 Sep 2025
Mandate End Date17 Sep 2025
Lock-in End Date (50% Anchor)03 Oct 2025
Lock-in End Date (Remaining Anchor)02 Dec 2026
🏢 About Abril Paper Tech

Abril Paper Tech Private, incorporated in 2023 and based in Gujarat, manufactures sublimation heat transfer paper for India’s digital printing industry. The company produces paper in GSM specifications ranging from 30-90 GSM and sizes from 24-72 inches for applications in printing, garments, textiles, hosiery, and home furnishing sectors.

Operating two coating lines at its Surat facility with 18 employees, Abril has grown from ₹26.78 lakhs turnover in 2019 to ₹6,091.08 lakhs in FY2025. The company maintains a pan-India distribution network and provides customer support services including on-site technical assistance. Raw materials constitute approximately 89% of manufacturing costs, with the company sourcing base paper directly from manufacturers and dealers.

💰 Financial Details

Issue Size Breakdown

Overall Issue ₹13.42 Crores
Fresh Issue ₹13.42 Crores

Fund Utilization

Capital Expenditure
₹5.4 Cr (40.23%)
Working Capital Requirement
₹5 Cr (37.25%)
General Corporate Purposes
₹2.01 Cr (15%)
Miscellaneous
₹1.01 Cr (7.52%)
💪 Company Strengths
  • Unique product quality and wide geographical reach across India’s digital printing market
  • Maintains consistency in product quality with stringent manufacturing standards and quality control processes
  • Efficient supply chain management and has built strong brand reputation in the sublimation paper industry
  • Practices sustainability and eco-friendly manufacturing practices in paper production processes
⚠️ Risk Factors
  • Operates from a single facility in Surat, Gujarat, creating geographical concentration risks and operational vulnerability
  • Raw material price fluctuations or supply shortages could significantly impact business operations and profitability
  • Depends on a few suppliers for critical raw materials, and losing major suppliers may adversely affect operations
  • Stakeholders are involved in litigation proceedings with potential adverse outcomes affecting business operations
  • Has demand-repayable unsecured loans from promoters and relatives, creating liquidity risk and financial constraints
📊 Subscription Status

Application statistics recorded at 5:00 PM on September 01, 2025:

Category Reserved (Lakhs) Applied (Lakhs) Subscription
NII 10.44 15.20 1.46x
Retail 10.44 30.80 2.95x
Total 20.88 47.12 2.26x

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