Saffron Speciality Papers Ltd
Pre Issue Shares
1,32,53,951
No. of Shares Issued
54,00,000
Pre Issue Equity Amt.
₹13.25 Cr
DP Filling Date
14 February 2025
Saffron Speciality Papers Ltd IPO Timeline
Saffron Specialty Papers Limited was originally incorporated as a Private Company in the name & style Albatross Specialty Papers Private Limited' dated April 15, 2008 issued by the Assistant Registrar of Companies, Mumbai. Thereafter, upon change in control and management of the Company, name of the Company was changed to Saffron Speciality Papers Private Limited' and a fresh Certificate of
Saffron Speciality Papers Ltd IPO Details
| Saffron Speciality Papers Ltd IPO Date | - |
| Saffron Speciality Papers Ltd IPO Face Value | - |
| Saffron Speciality Papers Ltd IPO Price | - |
| Saffron Speciality Papers Ltd IPO Lot Size | - |
| Issue Size | - |
| Fresh Issue | - |
| Offer for Sale | - |
| Issue Type | - |
| Listing At | - |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Sweta Agarwal, Harshiel Agarwal, Abbas Presswala |
- Strengths
- Risks
- Opportunities
- Experienced Management and Operational Team.
- Lon g term Business relationship with Customers.
- Exposure in Export and Domestic market segment.
- Our location in Bhiwandi provides excellent connectivity via major highways (Mumbai-Nashik & Maharashtra Samruddhi Mahamarg- Mumbai to Nagpur) and proximity to the Nhava Sheva seaport is an added logistical advantage.
- Diversified Verticals: We are presently having Notebook/ Back-to-School Paper Stationery & Commercial Printing segment. Thus, dependence on a single vertical for revenue generation is avoided.
Company Financials
Saffron Speciality Papers Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 121.34 | 190.9 | 5.81 |
| 03-2023 | 76.75 | 132.57 | -0.02 |
| 03-2022 | 60.19 | 120.38 | 0.80 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Part finance of the new manufacturing facility - Factory building construction cost
- Part finance of the new manufacturing facility - Machinery cost
- Part/full repayment of Term Loan
- Working capital requirement
- General corporate purpose
Saffron Speciality Papers Ltd IPO Prospectus
Saffron Speciality Papers Ltd IPO Listing Date
| BSE Script | - |
| NSE Symbol | - |
| Listing In | - |
| IPO Price | ₹0 |
| Face Value | ₹10 |
Company Contact Information
Survey No. 53 Hissa 29 75/2Village Aamne Thane,Bhiwandi-421302
Phone: 022 3521 6275
Email: cs@saffronindia.net
Website: www.saffronindia.net
Saffron Speciality Papers Ltd IPO Registrar
Saffron Speciality Papers Ltd IPO Lead Manager(s)
- BOI Merchant Bankers Ltd