Surat-based Abril Paper Tech Ltd, a manufacturer of sublimation heat transfer papers, is set to raise up to ₹13.42 crore through its SME initial public offering. The IPO will open on August 29, 2025, and close on September 2, 2025.
The public issue consists of 22,00,000 equity shares of face value ₹10 each, with a total issue size of ₹13.42 crore. Of this, 1,12,000 shares are reserved for market makers, and 20,88,000 shares will be offered to the public. The lot size is 2,000 shares, and retail investors can bid for a minimum of 4,000 shares, amounting to ₹2,44,000. For HNI investors, the minimum application is 6,000 shares worth ₹3,66,000. As for now, the listing date is expected for September 5, 2025.
The company plans to allocate ₹5.40 crore towards the installation of 2 fully automatic sublimation paper coating and slitting machines to expand capacity. Additionally, ₹5.00 crore will be used to strengthen working capital, ₹2.01 crore for general corporate purposes, and ₹1.01 crore for IPO expenses. This expansion will enhance the company’s annual production capacity from 600 lakh meters to 1,450 lakh meters.
For FY25, Abril Paper Tech reported revenue of ₹60.91 crore, EBITDA of ₹2.01 crore, and net profit of ₹1.41 crore, marking significant growth compared to FY24 revenue of ₹25.12 crore and profit of ₹91.27 lakh. The company has built a strong presence across 17 states in India and continues to diversify into new product categories for both B2B and B2C markets.
Read More: Upcoming IPO 2025 | IPO Watch List - Mainline and SME!
With a manufacturing facility strategically located in Surat, the textile and garment hub of India, Abril Paper Tech caters to applications in garments, furniture décor, home furnishing, and ceramics. The company’s forward integration plans and focus on export markets are expected to strengthen its competitive positioning in the printing solutions industry.
Abril Paper Tech’s IPO worth ₹13.42 crore signifies a major expansion milestone for the company, enabling capacity enhancement and strengthening its balance sheet. Backed by consistent financial growth and diverse applications of its product range, the IPO marks a crucial step in its growth trajectory.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in securities are subject to market risks. Read all related documents carefully before investing.
Published on: Aug 28, 2025, 1:41 PM IST
Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates