Abril Paper Tech Ltd IPO

Status:

Overview

IPO date
29 Aug 2025 to 02 Sept 2025
Face value
₹ 0 per share
Price
₹ 61 to ₹61 per share
Issue Size
2,200,000 shares
(aggregating up to ₹ 13.42 Cr)
Allotment Date
03 Sept 2025
Listing at
NSE
Issue type
Fixed Price - SME
Sector

Objectives of Abril Paper Tech Ltd IPO

Abril Paper Tech Ltd IPO Strategy

About Abril Paper Tech Ltd

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T&C*

Strengths vs Risks of Abril Paper Tech Ltd

Know the pros & cons

Strengths

  • arrowUnique Product Quality.
  • arrowWide Geographical Reach.
  • arrowOur Presence.
  • arrowTechnological Advancements.
  • arrowProduct Quality and Consistency.
  • arrowCustomization and Range of Offerings.
  • arrowSupply Chain Efficiency.
  • arrowBrand Reputation and Customer Service.
  • arrowPrice Competitiveness.
  • arrowSustainability and Eco-Friendly Practices.

Risks

  • arrowOur Company is yet to place orders for the equipment, plant and machinery for the expansion of the Manufacturing Facility. Any delay in placing orders or procurement of such equipment, plant and machinery may delay the schedule of implementation and possibly increase the cost of commencing operations.
  • arrowWe are dependent on third parties for the supply of utilities, such as water, gas and electricity, at our manufacturing facilities and any disruption in the supply of such utilities could adversely affect our manufacturing operations.
  • arrowWe have experienced negative cash flows in previous years. Any operating losses or negative cash flow in the future could adversely affect our results of operations and financial condition.
  • arrowThere have been instances of delay in filing of ESIC Returns, Professional Tax Returns and return of Tax Deducted at Source (TDS) dues.
  • arrowThere are certain instances of delays in the past with ROC/Statutory Authorities.
  • arrowWe operate out of a single Manufacturing Facility, located at Surat, Gujarat which exposes our operations to potential geographical concentration risks arising from local and regional factors which may adversely affect our operations and in turn our business, results of operations and cash flows.
  • arrowOur business is concentrated in Gujarat State and any adverse development affecting our operations in this state could have an adverse impact on our business, financial condition and results of operations.
  • arrowWe are dependent on our Promoters for functioning of our business and we believe that our senior management team and other key managerial personnel in our business are critical to our continued success and we may be unable to attract and retain such personnel in the future.
  • arrowWe have not entered into any agreement with any of the transport service providers.
  • arrowOur revenue from operations is dependent upon a limited number of customers and the loss of any of these customers or loss of revenue from any of these customers could have a material adverse effect on our business, financial condition, results of operations and cash flows.
  • arrowAny fluctuations in prices of raw materials or shortage in supply of raw material for manufacturing our products, could adversely impact our business.
  • arrowWe have not entered into long-term contracts with our major customers and we operate on the basis of purchase orders, which could adversely affect our revenues and profitability.
  • arrowOur insurance coverage may not be sufficient or adequate to protect us against all material hazards, which may adversely affect our business, results of operations, financial condition and cash flows.
  • arrowThe Company is dependent on a few suppliers for purchases of product/service. The loss of any of these large suppliers may affect our business operations.
  • arrowThe requirements of being a public listed company may strain our resources and impose additional requirements.
  • arrowOur Registered office and factory and Godown premises are on long lease basis.
  • arrowOur Company, its Promoters, its directors and its group Companies are involved in litigation proceedings that may have a material adverse outcome.
  • arrowOur Promoters and members of the Promoter Group will continue jointly to retain majority control over our Company after the Issue, which will allow them to determine the outcome of matters submitted to shareholders for approval.
  • arrowWe are required to obtain, renew or maintain statutory and regulatory permits, licenses and approvals to operate our business and our manufacturing facility, and any delay or inability in obtaining, renewing or maintaining such permits, licenses and approvals could result in an adverse effect on our results of operations.
  • arrowOur Company does not have intellectual property rights over its corporate logo.
  • arrowWe are dependent upon the experience and skill of our promoter, management team and key managerial personnel and senior management personnel. Loss of our Promoter or our inability to attract or retain such qualified personnel, could adversely affect our business, results of operations and financial condition.
  • arrowOur inability to manage our growth strategy could disrupt our business and reduce our profitability.
  • arrowWe operate in a competitive business environment. Competition from existing players and new entrants and consequent pricing pressures may adversely affect our business, financial condition and results of operations.
  • arrowOur business is working capital intensive involving relatively long implementation periods. We require substantial financing for our business operations.
  • arrowOur Promoters, Directors and Key Managerial Personnel may have interest in our Company, other than reimbursement of expenses incurred or remuneration.
  • arrowNone of the Directors of the Company have experience of being a director of a public listed company.
  • arrowWe have unsecured loans from promoters, directors and their relatives, which are repayable on demand. Any demand from lenders for repayment of such unsecured loans, may adversely affect our liquidity and business operations.
  • arrowWe have entered into certain transactions with related parties. These transactions or any future transactions with our related parties could potentially involve conflicts of interest.
  • arrowThere is no monitoring agency appointed by Our Company and the deployment of funds are at the discretion of our Management and our Board of Directors, though it shall be monitored by our Audit Committee.
  • arrowOur ability to pay dividends in the future will depend upon future earnings, financial condition, cash flows, working capital requirements and capital expenditures
  • arrowDelay in raising funds from the IPO could adversely impact the implementation schedule.
  • arrowWe have not independently verified certain data in this Prospectus.
  • arrowOur funding requirements and proposed deployment of the Net Proceeds are based on management estimates and have not been independently appraised and may be subject to change based on various factors, some of which are beyond our control.
  • arrowAny future issuance of Equity Shares may dilute the shareholding of the Investor or any sale of Equity Shares by our Promoter or other significant shareholder(s) may adversely affect the trading price of the Equity Shares.
  • arrowThe issue price of the Equity Shares may not be indicative of market price of our equity shares after the issue and the market price of our Equity shares may decline below the issue price.
  • arrowSale of shares by our promoters or other significant shareholder(s) may adversely affect the trading price of the Equity Shares.
  • arrowOur future funds requirements, in the form of fresh issue of capital or securities and/or loans taken by us, may be prejudicial to the interest of the shareholders depending upon the terms on which they are eventually raised.
  • arrowThere is no guarantee that the Equity Shares issued pursuant to the Issue will be listed on the SME Platform of BSE in a timely manner or at all.
  • arrowThe Equity Shares have never been publicly traded, and, after the Issue, the Equity Shares may experience price and volume fluctuations, and an active trading market for the Equity Shares may not develop. Further, the price of the Equity Shares may be volatile, and you may be unable to resell the Equity Shares at or above the Issue Price, or at all.
  • arrowThere are restrictions on daily weekly monthly movement in the price of the equity shares, which may adversely affect the shareholder's ability to sell for the price at which it can sell, equity shares at a particular point in time.
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The IPO opens on 29 Aug 2025 & closes on 02 Sept 2025.

Abril Paper Tech Limited was originally formed as a partnership firm under the name M/s Abril International' pursuant to a deed of partnership dated January 1, 2019 and a Certificate of Registration was issued by Registrar of Firms. The partnership Firm was thereafter converted from M/s Abril International' into Private Limited Company as Abril Paper Tech Private Limited' dated November 17, 2023 by the Central Registration Centre. Subsequently, the status converted into public Company, and the name was changed to 'Abril Paper Tech Limited' and a fresh Certificate of incorporation was issued by the Registrar of Companies, Central Processing Centre dated September 17, 2024. Initially, the Firm was established to trade sublimation paper rolls, and in its first year of operation. At present, Company is primarily engaged in business of manufacturing & trading of sublimation coating paper. Since inception, the promoters have focused on developing products with heat transfer paper suitable for printing on various types of textile materials as per customer requirements. The Company operate two coating lines, enabling it to Process and supply large quantities of coated sublimation paper. It use quality grade half-white shade virgin paper and specialized coating chemicals, prioritizing consistent coating quality and the preserving of base paper. The manufacturing plant is at Tal. Palsana, in Surat district of Gujarat, where it operate a Sublimation with Heat Transfer Paper Coating Machine of speeds between 120-160 meters / minute. With the ability to coat paper in rolls, these products are used in various industries including the printing, garments, textile, hosiery and household curtain and furniture. The mission is to provide sublimation heat transfer paper that supports clients' creativity and business success. The Company makes commitment in delivering of the coated sublimation paper daily to satisfied clients. Company is planning the initial public offer of 22,00,000 equity shares of face value Rs 10 per equity shares by raising funds aggregating to Rs 13.42 Crore.

Abril Paper Tech Ltd IPO will close on 02 Sept 2025.

  • Unique Product Quality.
  • Wide Geographical Reach.
  • Our Presence.
  • Technological Advancements.
  • Product Quality and Consistency.
  • Customization and Range of Offerings.
  • Supply Chain Efficiency.
  • Brand Reputation and Customer Service.
  • Price Competitiveness.
  • Sustainability and Eco-Friendly Practices.

S.No Promoters Name Pre Issue Shares Pre Issue Percentage Post Issue Shares Post Issue Percentage
1 Vipul Dobariya 2295060 39.69 2295060 28.75
2 Ashvinbhai Lathiya 1219740 21.1 1219740 15.28
3 Prince Lathiya 1022920 17.69 1022920 12.82
4 Khokhar Hiteshbhai 166200 2.88 166200 2.08
5 Sejalben Dobariya 72000 1.25 72000 0.9
6 Jignesh Dobariya 72000 1.25 72000 0.9
7 Asmitaben Lathiya 20000 0.35 20000 0.25
8 Ronak Lathiya 20000 0.35 20000 0.25
9 Rameshbhai Lathiya 18000 0.31 18000 0.23
10 Savitaben Dobariya 16000 0.28 16000 0.2
11 Kiranbhai Lathiya 4000 0.07 4000 0.05

  • Our Company is yet to place orders for the equipment, plant and machinery for the expansion of the Manufacturing Facility. Any delay in placing orders or procurement of such equipment, plant and machinery may delay the schedule of implementation and possibly increase the cost of commencing operations.
  • We are dependent on third parties for the supply of utilities, such as water, gas and electricity, at our manufacturing facilities and any disruption in the supply of such utilities could adversely affect our manufacturing operations.
  • We have experienced negative cash flows in previous years. Any operating losses or negative cash flow in the future could adversely affect our results of operations and financial condition.
  • There have been instances of delay in filing of ESIC Returns, Professional Tax Returns and return of Tax Deducted at Source (TDS) dues.
  • There are certain instances of delays in the past with ROC/Statutory Authorities.
  • We operate out of a single Manufacturing Facility, located at Surat, Gujarat which exposes our operations to potential geographical concentration risks arising from local and regional factors which may adversely affect our operations and in turn our business, results of operations and cash flows.
  • Our business is concentrated in Gujarat State and any adverse development affecting our operations in this state could have an adverse impact on our business, financial condition and results of operations.
  • We are dependent on our Promoters for functioning of our business and we believe that our senior management team and other key managerial personnel in our business are critical to our continued success and we may be unable to attract and retain such personnel in the future.
  • We have not entered into any agreement with any of the transport service providers.
  • Our revenue from operations is dependent upon a limited number of customers and the loss of any of these customers or loss of revenue from any of these customers could have a material adverse effect on our business, financial condition, results of operations and cash flows.
  • Any fluctuations in prices of raw materials or shortage in supply of raw material for manufacturing our products, could adversely impact our business.
  • We have not entered into long-term contracts with our major customers and we operate on the basis of purchase orders, which could adversely affect our revenues and profitability.
  • Our insurance coverage may not be sufficient or adequate to protect us against all material hazards, which may adversely affect our business, results of operations, financial condition and cash flows.
  • The Company is dependent on a few suppliers for purchases of product/service. The loss of any of these large suppliers may affect our business operations.
  • The requirements of being a public listed company may strain our resources and impose additional requirements.
  • Our Registered office and factory and Godown premises are on long lease basis.
  • Our Company, its Promoters, its directors and its group Companies are involved in litigation proceedings that may have a material adverse outcome.
  • Our Promoters and members of the Promoter Group will continue jointly to retain majority control over our Company after the Issue, which will allow them to determine the outcome of matters submitted to shareholders for approval.
  • We are required to obtain, renew or maintain statutory and regulatory permits, licenses and approvals to operate our business and our manufacturing facility, and any delay or inability in obtaining, renewing or maintaining such permits, licenses and approvals could result in an adverse effect on our results of operations.
  • Our Company does not have intellectual property rights over its corporate logo.
  • We are dependent upon the experience and skill of our promoter, management team and key managerial personnel and senior management personnel. Loss of our Promoter or our inability to attract or retain such qualified personnel, could adversely affect our business, results of operations and financial condition.
  • Our inability to manage our growth strategy could disrupt our business and reduce our profitability.
  • We operate in a competitive business environment. Competition from existing players and new entrants and consequent pricing pressures may adversely affect our business, financial condition and results of operations.
  • Our business is working capital intensive involving relatively long implementation periods. We require substantial financing for our business operations.
  • Our Promoters, Directors and Key Managerial Personnel may have interest in our Company, other than reimbursement of expenses incurred or remuneration.
  • None of the Directors of the Company have experience of being a director of a public listed company.
  • We have unsecured loans from promoters, directors and their relatives, which are repayable on demand. Any demand from lenders for repayment of such unsecured loans, may adversely affect our liquidity and business operations.
  • We have entered into certain transactions with related parties. These transactions or any future transactions with our related parties could potentially involve conflicts of interest.
  • There is no monitoring agency appointed by Our Company and the deployment of funds are at the discretion of our Management and our Board of Directors, though it shall be monitored by our Audit Committee.
  • Our ability to pay dividends in the future will depend upon future earnings, financial condition, cash flows, working capital requirements and capital expenditures
  • Delay in raising funds from the IPO could adversely impact the implementation schedule.
  • We have not independently verified certain data in this Prospectus.
  • Our funding requirements and proposed deployment of the Net Proceeds are based on management estimates and have not been independently appraised and may be subject to change based on various factors, some of which are beyond our control.
  • Any future issuance of Equity Shares may dilute the shareholding of the Investor or any sale of Equity Shares by our Promoter or other significant shareholder(s) may adversely affect the trading price of the Equity Shares.
  • The issue price of the Equity Shares may not be indicative of market price of our equity shares after the issue and the market price of our Equity shares may decline below the issue price.
  • Sale of shares by our promoters or other significant shareholder(s) may adversely affect the trading price of the Equity Shares.
  • Our future funds requirements, in the form of fresh issue of capital or securities and/or loans taken by us, may be prejudicial to the interest of the shareholders depending upon the terms on which they are eventually raised.
  • There is no guarantee that the Equity Shares issued pursuant to the Issue will be listed on the SME Platform of BSE in a timely manner or at all.
  • The Equity Shares have never been publicly traded, and, after the Issue, the Equity Shares may experience price and volume fluctuations, and an active trading market for the Equity Shares may not develop. Further, the price of the Equity Shares may be volatile, and you may be unable to resell the Equity Shares at or above the Issue Price, or at all.
  • There are restrictions on daily weekly monthly movement in the price of the equity shares, which may adversely affect the shareholder's ability to sell for the price at which it can sell, equity shares at a particular point in time.

The Issue type of Abril Paper Tech Ltd is Fixed Price - SME.

The minimum application for shares of Abril Paper Tech Ltd is 4000.

The total shares issue of Abril Paper Tech Ltd is 2200000.

Initial Public Issue of 22,00,000 Equity Shares of Face Value of Rs. 10/- Each of Abril Paper Tech Limited ("APTL" or the "Company" or the "Issuer") for Cash at a Price of Rs. 61 Per Equity Share Including a Share Premium of Rs. 51 Per Equity Share ( The "Issue Price") Aggregating to Rs. 1342.00 Lacs ("The Issue"), of Which 1,12,000 Equity Shares of Face Value of Rs.10/- Each for Cash at a Price of Rs. 61 Per Equity Share Including a Share Premium of Rs. 51 Per Equity Share Aggregating to Rs. 68.32 Lacs Will be Reserved For Subscription by Market Maker to The Issue (The "Market Maker Reservation Portion"). The Issue Less The Market Maker Reservation Portion i.e., Net Issue of 20,88,000 Equity Shares of Face Value of Rs.10/- Each at a Price of Rs. 61 Per Equity Share Aggregating To Rs.1273.68 Lacs is Herein After Referred to as The "Net Issue". The Issue and The Net Issue Will Constitute 27.56% and 26.16% Respectively of The Post Issue Paid up Equity Share Capital of The Company. The Face Value of The Equity Shares is Rs. 10 Each and The Issue Price is 6.1 Times of The Face Value.