Abril Paper Tech Share Price: Weak Market Debut at ₹48.80 Despite Strong IPO Subscription

Market Performance

Abril Paper Tech share price took center stage in today’s stock market as the company marked its debut on the BSE SME platform. The listing, however, disappointed early investors. Shares opened at ₹48.80 per share, a sharp 20% discount compared to the IPO issue price of ₹61.

Such a weak debut came as a surprise, especially given the strong investor interest seen during the IPO subscription phase. The listing performance reflects how stock market today often swings between investor expectations and real-time market sentiment.

IPO Subscription Highlights

Before its listing, Abril Paper Tech’s IPO had grabbed significant attention. The numbers tell the story:

• Overall Subscription: 11.20 times the offer size
• Retail Investors: 16.79 times subscribed
• Non-Institutional Investors (NIIs): 5.51 times subscribed
• Total Bids: 2.33 crore shares applied for against 20.88 lakh on offer

This strong response showed investor enthusiasm, particularly from retail participants who backed the company with heavy demand.

Abril Paper Tech IPO Details

The company raised ₹13.42 crore through its SME IPO. Here’s a snapshot of the offer:

• Type of Issue: 100% fresh issue, no offer-for-sale
• Shares Issued: 0.22 crore
• Price Band: ₹61 per share
• Lot Size: 2,000 shares
• Retail Minimum Investment: ₹2,44,000 for 4,000 shares
• HNI Minimum Investment: ₹3,66,000 for 6,000 shares

The IPO proceeds are earmarked for:

• Buying advanced machinery to expand production
• Meeting working capital requirements
• Supporting general corporate purposes
• Funding long-term growth initiatives

Lead Managers: Interactive Financial Services Ltd handled the IPO process.

Registrar: Kfin Technologies Ltd.

Market Maker: B.N. Rathi Securities Ltd.

Company Overview – Abril Paper Tech

Founded in 2023, Abril Paper Tech is a relatively young player but has carved its niche in a specialized segment—sublimation heat transfer paper.

Key details about the business:

• Products: Papers ranging from 30 GSM to 90 GSM
• Sizes: Available in widths between 24 inches and 72 inches
• Applications: Used in digital printing for garments, textiles, hosiery, curtains, and home furnishings
• Manufacturing Base: Located in Palsana, Gujarat

With this setup, the company aims to tap into the fast-growing demand for digital printing solutions across India’s apparel and home décor markets.

Summary

The debut of Abril Paper Tech share price on the stock market today painted a mixed picture. While the IPO saw overwhelming demand, the listing at **₹48.80—a 20% discount to issue price—**signals cautious sentiment from the street.

The company, however, stands on strong operational footing, backed by expansion plans and a product line catering to the textile and furnishing industry. For investors tracking SME listings in India, Abril Paper Tech’s journey will be one to watch closely in the coming months.