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Surat-based Abril Paper Tech Ltd, a leading manufacturer and supplier of sublimation heat transfer paper, is planning to raise up to Rs. 13.42 crore from its SME public issue. The company has received approval to launch its public issue on BSE's SME platform. The public issue opens for subscription on August 29, 2025, and closes on September 2, 2025. Interactive Financial Services Ltd. is the book-running lead manager of the issue.Highlights:-The company plans to raise Rs. 13.42 crore by issuing 22 lakh equity shares at Rs. 61 per share

Add Zee Business as a Preferred SourceExpansion by having an additional 2 fully automatic sublimation paper coating and slitting machines and working capital. The capacity will increase from 600 lakh meters to 1,450 lakhs meters P.A.The manufacturing unit is strategically located at Surat, Gujarat, being textile and garment manufacturing hub. For FY25, the company reported revenue of Rs. 60.91 crore, EBITA of Rs. 2.01 crore and net profit of Rs. 1.41 croreSublimation heat transfer papers have wide application as print and design transfer in growing sectors such as furniture decor, home decor, garments, curtains and ceramics.The lot size is 2,000 shares, and for retail investors, it is 4,000 shares, aggregating to an investment of Rs 2.44 lakhInteractive Financial Services Ltd. is the book-running lead manager of the issueIPO will open on August 29, 2025, and will close on September 2, 2025Founded and promoted by Prince Lathiya, Vipul Dobaria, and Ashishvin Lathiya, the company brings over eight years of industry expertise in sublimation and heat transfer paper solutions.Currently, Abril operates a manufacturing and warehousing facility in Surat with an installed capacity of 600 lakh meters per annum. Post-expansion, the capacity will increase to 1,450 lakh meters per annum, equipped with advanced technology for high-quality sublimation papers designed for digital printing solutions.The company specializes in sublimation heat transfer paper across multiple GSM specifications, 30, 65, 75, and 90 GSM, catering to diverse applications in printing, garments, textiles, hosiery, curtains, and furniture industries. Further, Abril is planning forward integration by setting up facilities for manufacturing heat transfer paper, specialized frames, and PP sheets, with a strong focus on export markets.In addition to its strong B2B presence across 17 states in India, Abril plans to strengthen its B2C footprint through online and dealer networks, capitalizing on high-margin opportunities in design printing for cakes, FMCG packaging, and readymade garments.Commenting on the IPO, Prince Lathiya, Non-Executive Director, Abril Paper Tech Ltd, said, “This IPO marks an important milestone in our growth journey. We have built a strong foundation in the sublimation and heat transfer paper industry, and the fresh funds will enable us to expand capacity, upgrade technology, and strengthen our market presence. Our vision is to position Abril as a trusted name in high-quality printing solutions and to deliver consistent value to our stakeholders.”The issue aims to raise funds for multiple objectives. Rs 5.40 crore will be utilized towards an additional 2 fully automatic sublimation paper coating and slitting machines. Rs. 5.00 crore will be used to meet working capital requirements. Rs 2.01 crore will be used for general corporate purposes, whereas Rs 1.01 crore will be used towards IPO expenses.The initial public offering of Rs. 13.42 crore, comprises a fresh issue of 22,00,000 shares of face value Rs. 10 each. The company has fixed a price of Rs. 61 per equity share for the public issue. 1,12,000 shares are reserved for market makers and 20,88,000 shares are for public offering.  The lot size is 2,000 and the lot size for retail investors is 4,000 shares, amounting to an investment of Rs 2,44,000. The minimum lot size investment for HNI is 6,000 shares, amounting to Rs.3,66,000. The post-issue shareholding will be 79,81,840 shares, which, as of now, is 57,81,840 shares.Business Highlights:The company’s revenue from operations increased by 142 per cent during the fiscal year 2025 to Rs. 60.91 crore from Rs. 25.12 crore the previous year. its EBIDTA increased 21.43 per cent to Rs. 2.01 crore for fiscal year 2025. Its profit after tax increased 54.82 per cent for FY25 to Rs 1.41 crore. The market capitalisation of Abril Paper Tech post-IPO is Rs 48.69 crore.  As of March 2025, the net worth of the company was reported at Rs. 10.52 crore, and reserves and surplus at Rs. 4.74 crore. As of March 2025, the ROE of the company was 18.03 per cent, ROCE at 16.38 per cent, and RoNW at 13.43 per cent. Shares of the company will be listed on the BSE SME platform.IPO Highlights – Abril Paper Tech Limited

IPO Opens on

August 29, 2025

IPO Closes on

September 2, 2025

Issue Price

Rs. 61 Per Share

Issue Size

22.00 lakh shares – up to Rs. 13.42 crore

Lot Size

4,000 Shares (2 lots)

Listing on

BSE SME

Listing Date

September 5, 2025   This article is from the Brand Desk. User discretion is advised.

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