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(Fixed Price)
₹122,000 (Retail)
Event | Date |
---|---|
Issue Open Date | 29 Aug 2025 |
Issue Close Date | 02 Sep 2025 |
UPI Mandate Deadline | 02 Sep 2025 (5 PM) |
Allotment Finalization | 03 Sep 2025 |
Refund Initiation | 04 Sep 2025 |
Share Credit | 04 Sep 2025 |
Listing Date | 05 Sep 2025 |
Mandate End Date | 17 Sep 2025 |
Lock-in End Date (50% Anchor) | 03 Oct 2025 |
Lock-in End Date (Remaining Anchor) | 02 Dec 2026 |
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.
Issue Size Breakdown
Fund Utilization
- 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
- 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
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 |