Latest news with #NikitaPapers
Mint
2 days ago
- Business
- Mint
Nikita Papers IPO allotment date in focus. check latest GMP, 4 steps to check status
Nikita Papers IPO allotment date: Nikita Papers IPO share allotment will be finalised today (Friday, May 30). By visiting the registrar's website, Skyline Financial Services Private Ltd, investors who applied for the issue can verify the Nikita Papers IPO allotment status. Nikita Papers IPO opened for subscription on Tuesday, May 27, and closed on Thursday, May 29. Nikita Papers IPO subscription status on the last bidding day was 1.43 times, according to Investors can determine their assigned shares by checking the allocation details. The IPO allotment status will indicate the number of shares allocated. For those who didn't receive any shares, the company will initiate the refund process. Shares that have been successfully allocated will appear in the demat accounts of the recipients. For those who did not receive shares, the refund procedure will begin on Monday, June 2. On the same day, those who have been allocated will get their shares in their demat accounts. Nikita Papers IPO listing date is scheduled for Tuesday, June 3 on NSE SME. If you have applied for the Nikita Papers IPO, you can check your Nikita Papers IPO allotment status immediately on the website of the IPO registrar, Skyline Financial Services Private Ltd - Click the link above to access Skyline Financial Services Private Ltd, the registrar handling the Nikita Papers IPO. From the dropdown list, pick the IPO; the name will appear once the allocations are completed. You can check your status using one of three methods: Application No, Demat Account, or PAN. To verify your IPO allotment status, you can use the following identifiers. Income Tax PAN (Permanent Account Number) - Begin by checking your application status with your registered Income Tax PAN. After selecting PAN from the options, input your 10-digit alphanumeric PAN, then click the "Submit" button. Application number or CAF number - You may also check your allocation status by entering your application number or CAF number. After entering your application or CAF number, click "Search." This number is found on the acknowledgment document you received after submitting your IPO application. Ensure that you enter it exactly as it appears on that document, then click the "Submit" button to view the details about the shares allotted to you in the IPO. Beneficiary ID - As another option, you can use the beneficiary ID of your demat account. Next, input the client ID and depository participant (DP) ID combined as one string. The CDSL string will be numerical, while the NSDL string will be alphanumeric. Make sure to enter the DP ID and client ID exactly as they are shown. You can find these details in both your account statement and your online DP statement. After that, click the "Submit" button. The IPO status and the quantity of shares allotted to you in the Nikita Papers IPO will be displayed on the screen. Nikita Papers IPO GMP today or grey market premium was ₹ 0, which meant shares were trading at their issue price of ₹ 104 with no premium or discount in the grey market according to According to the grey market activities observed in the past 10 sessions, today's IPO GMP is showing a declining trend and is anticipated to fall further. The minimum GMP recorded is ₹ 0.00, while the maximum GMP stands at ₹ 8, as stated by experts from 'Grey market premium' indicates investors' readiness to pay more than the issue price. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Business Standard
2 days ago
- Business
- Business Standard
NSE SME Nikita Papers' IPO ends with 1.4 times subscription
The offer received bids for 78.88 lakh shares as against 56.25 lakh shares on offer. The initial public offer (IPO) of Nikita Papers received bids for 78,88,800 shares as against 56,25,600 shares on offer. The issue was subscribed 1.40 times. Retail investors bid for 39,66,000 shares, non-institutional investors bid for 22,82,400 shares and qualified institutional investors bid for 16,40,400 shares. The issue opened for bidding on 27 May 2025 and it closed on 29 May 2025. The price band of the IPO was set at Rs 95 to Rs 104 per share. The equity shares will list on NSE's SME platform. The IPO comprised fresh issue of 64,94,400 equity shares. The promoter and promoter group shareholding diluted to 59.219% from 80.38% pre-issue. The company intends to utilize the net proceeds to meet capital expenditure for setting up a power plant, working capital requirements, issue expenses, and general corporate purposes. Ahead of the Nikita Papers on 26 May 2025, raised Rs 9.03 crore from anchor investors. The board has allotted 8.68 lakh shares at Rs 104 per share to 4 anchor investors. Nikita Papers is a leading manufacturer of Kraft paper with an installed capacity of approximately 1,33,000 MTPA. The company produces Kraft paper ranging from 80 to 200 GSM in various Burst Factor (B.F.) grades, catering to diverse customer needs across the paper industry. As on 09 May 2025, the company had 208 employees. The company recorded revenue from operations of Rs 265.14 crore and net profit of Rs 15.68 crore for the period ended 31 December 2024.
&w=3840&q=100)
Business Standard
3 days ago
- Business
- Business Standard
Nikita Papers IPO allotment today; check status, GMP, listing date
Nikita Papers IPO allotment status: The basis of the allotment of shares for Nikita Papers is expected to be finalised today, Friday, May 30, 2025. The initial public offering (IPO) of Nikita Papers, which closed its three-day subscription window on Thursday, May 29, received a muted response from investors, with the offering being oversubscribed by only 1.42 times, according to data available on the NSE. The highest demand for the SME offering came from non-institutional investors (NIIs), who oversubscribed the category reserved for them by 2.11 times. This was followed by retail investors at 1.84 times, and Qualified institutional buyers (QIBs) at 0.74 times. Here's how to check the Nikita Papers IPO allotment status online: Once the allotment is finalised, investors can check their status on the official websites of the NSE and Skyline Financial Services, the registrar for the IPO. Alternatively, investors can also follow these direct links to check the Nikita Papers allotment status online: Nikita Papers IPO GMP On Friday, the unlisted shares of Nikita Papers were trading flat at ₹105, the upper price band, according to sources tracking unofficial market activities. Nikita Papers IPO details Nikita Papers aims to raise ₹67.54 crore through the SME public offering comprising a fresh issue of 6.49 million equity shares. There is no offer for sale (OFS) component. According to the red herring prospectus (RHP), shares of Nikita Papers will be listed on the NSE SME platform tentatively on Tuesday, June 3, 2025. The company has set the price band in the range of ₹95 to ₹105 per equity share. Retail investors would require a minimum investment amount of ₹1,14,000 to subscribe for a minimum of one lot comprising 1,200 shares. High-net-worth individuals (HNIs) can bid for a minimum of two lots consisting of 2,400 shares with a minimum investment amount of ₹2,49,600. Skyline Financial Services serves as the registrar for the issue. Fast Track Finsec is the sole book-running lead manager. According to the RHP, from the net issue proceeds, the company aims to utilise ₹50 crore for capital expenditure towards setting up a power plant and ₹5 crore for working capital requirements. The remaining funds will be used for general corporate purposes. About Nikita Papers Incorporated in 1989, Nikita Papers manufactures paper and paper products. It specialises in a range of paper grades suitable for industrial, commercial, and printing applications. Currently, the company has an installed capacity of around 133,000 MT per annum. The company manufactures Kraft paper of 80- 200 GSM in different Burst Factor Ranges.
Economic Times
3 days ago
- Business
- Economic Times
Vodafone Idea shares in focus ahead of Q4 results, loss expected to widen YoY
ICICI Securities has released its estimates for the quarter, projecting that Vodafone Idea will report a widening of net loss to Rs 7,626.10 crore in Q4FY25. Synopsis Vodafone Idea is anticipated to reveal its Q4FY25 financial results, with ICICI Securities forecasting a widened net loss of Rs 7,626.10 crore. Revenue is expected to reach Rs 10,982.7 crore, while EBITDA is projected at Rs 4468.09 crore. The brokerage firm maintains a 'hold' rating on the stock, citing ongoing financial difficulties despite slight revenue and EBITDA improvements year-over-year. Vodafone Idea shares are likely to be in focus on Friday as the telecom company is set to announce its financial results for the fourth quarter of FY25, wherein domestic brokerage firm ICICI Securities expects its loss to widen to Rs 7,626.10 crore in Q4FY25. ADVERTISEMENT ICICI Securities has released its estimates for the quarter, projecting that Vodafone Idea will report a widening of net loss to Rs 7,626.10 crore in Q4FY25, compared to a loss of Rs 7674.0 crore in the same quarter last year. On a sequential basis, the loss is expected to increase from Rs 6,609.3 crore reported in Q3FY25. The firm estimates the company's revenue for the quarter at Rs 10,982.7 crore, down 1.2% quarter-on-quarter but up 3.5% year-on-year. EBITDA is projected at Rs 4468.09 crore, reflecting a decline of 5.2% QoQ but a growth of 3.1% the EBITDA margin is expected to shrink by 170 basis points to 40.7% compared to the previous telco's net profit margin (NPM) is estimated to remain deep in the red at -69.4%, compared to -59.5% in Q3FY25 and -72.4% in Q4FY24. Meanwhile, earnings per share (EPS) is projected to remain negative at Rs (2.7), unchanged from the year-ago period and down from Rs (2.3) in the previous quarter. ADVERTISEMENT Also read: Samvardhana Motherson proposes 1:2 bonus issue, recommends final dividend of Rs 0.35 per share The domestic brokerage firm has maintained a "hold" rating on the stock with a target price of Rs 8, citing persistent financial challenges, although a slight improvement in revenues and EBITDA from the year-ago period provides some comfort. ADVERTISEMENT The shares of Vodafone Idea closed flat with a positive bias at Rs 7.15 on the BSE.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) ADVERTISEMENT (You can now subscribe to our ETMarkets WhatsApp channel) Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Cyient shares fall over 9% after Q4 profit declines, core business underperforms Cyient shares fall over 9% after Q4 profit declines, core business underperforms L&T Technology Services shares slide 7% after Q4 profit dips L&T Technology Services shares slide 7% after Q4 profit dips Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? SEBI warns of securities market frauds via YouTube, Facebook, X and more SEBI warns of securities market frauds via YouTube, Facebook, X and more API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders Security, transparency, and innovation: What sets Pi42 apart in crypto trading Security, transparency, and innovation: What sets Pi42 apart in crypto trading Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains The rise of Crypto Futures in India: Leverage, tax efficiency, and market maturity, Avinash Shekhar of Pi42 explains NEXT STORY
Economic Times
3 days ago
- Business
- Economic Times
Nikita Papers IPO allotment to be finalised soon: Check status, GMP, and listing details
Nikita Papers IPO allotment via Skyline Financial Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel The allotment for Nikita Papers Limited's Rs 67.54 crore IPO has been finalised today, May 30. Investors who applied for the issue, which was open from May 27 to May 29, can now check their allotment status through the issue's registrar, Skyline Financial Services Shares are expected to be credited to demat accounts by June 2, with listing scheduled for June 3 on the NSE SME IPO witnessed only modest demand with an overall subscription slightly above 1 time. The retail and institutional interest remained tepid, and the grey market is currently offering no premium. The latest GMP stands at zero, suggesting the stock may debut around its issue price of Rs Select 'Nikita Papers Ltd' from the dropdownEnter your PAN, application number, or DP/Client IDClick 'Submit' to view allotment statusNikita Papers is a manufacturer of kraft paper used in industrial and packaging applications. The company operates an eco-friendly manufacturing facility and offers GSM variants from 70 to 200, suitable for wrapping, cushioning, and creative uses. The IPO, entirely a fresh issue of 64.94 lakh shares, was priced between Rs 95 and Rs 104 per raised from the IPO will be used to enhance production capacity, invest in modern equipment, support working capital, and for general corporate purposes. The company is also expanding into fluting media and aims to cater to the growing demand for sustainable paper the financial front, Nikita Papers reported a profit of Rs 15.68 crore for the nine months ended December 2024, close to its full FY24 profit of Rs 16.60 crore. Revenue for the same nine-month period stood at Rs 272.38 crore. While the topline has decreased from FY23 levels, the company has managed to improve its profitability and maintain a healthy net worth of Rs 93.05 listing day gains appear unlikely due to zero GMP and weak demand from institutions, the company's established presence and focus on sustainable products may appeal to long-term investors post-listing.(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of Economic Times)
