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News Details

( As on 11/06/2025 07:04)

Aten Papers & Foam announces launch of initial public offering

Aten Papers & Foam Ltd. has announced public offering of 3298800 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 86.00 per share. The gross proceeds of the issue are expected to be Rs 3,166.85 lakhs.

The company's initial public offer (IPO) will open on 13 June 2025 and is expected to close on 17 June 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 91.00-96.00 per share.

The IPO includes a fresh Issue of 3298800 Equity Shares of the Company at an price of Rs 96.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1200 shares with bids in multiples of 1200.

Aten Papers & Foam Ltd. anticipates using the proceeds of the issue for .

Swastika Investmart Ltd. as lead manager & Skyline Financial Services Pvt. Ltd. is the registrar, to the issue.