Abril Paper Tech IPO Subscription Status – Day 2 Update
Abril Paper Tech IPO witnessed healthy demand and was subscribed 2.26 times on its second day of bidding, September 1, 2025, till 5:00 PM.
- Qualified Institutional Buyers (QIBs): 0.00x (no bids yet)
- Non-Institutional Investors (NII): 1.46x
- Retail Individual Investors (RII): 2.95x
The IPO received bids for 47,12,000 equity shares against the total issue size of 20,88,000 shares, with the strongest traction coming from the retail investor segment.
Subscription Trend by Day
About Abril Paper Tech Limited
- Incorporated: 2023
- Business: Manufacturer of Sublimation Heat Transfer Paper used in digital printing and textile industries.
- Products: Paper ranging from 30 GSM to 90 GSM, available in sizes 24 to 72 inches.
- Applications: Widely used in garments, textiles, hosiery, curtains, furniture, and household furnishings.
- Manufacturing Facility: Located at Palsana, Gujarat, equipped with advanced machinery for high-quality production.
- Sales Network: Pan-India presence with a dedicated sales team and after-sales support, helping customers address issues related to print quality and performance.
The company focuses on offering customized GSM options, catering to diverse needs — from delicate light transfers to heavy-duty detailed prints.
Abril Paper Tech Financial Performance (₹ in Crores)
- Revenue grew by 791% YoY in FY25, reflecting aggressive scale-up in operations.
- Profit increased 3.3 times, though net margins declined due to higher input and expansion costs.
- Net worth improved by over 54%, strengthening the balance sheet.
Abril Paper Tech IPO GMP
As of Monday, September 1, 2025, the Grey Market Premium (GMP) stood at ₹5. This indicates that the IPO shares were trading at ₹66 (₹61 issue price + ₹5 premium) in the grey market, suggesting a listing gain expectation of around 8.2%.
Key Insights
- Strong retail participation (2.95x) indicates strong investor sentiment towards the IPO.
- Massive revenue jump (₹6.83 crore → ₹60.91 crore) within a year highlights growth potential, though margins remain thin.
- Absence of QIB bids so far may be monitored on the final day, as institutional participation often decides long-term stability.
