Saffron Speciality Papers Ltd. IPO Details
Saffron Speciality Papers was incorporated on April 15, 2008. The company manufactures and exports printed paper stationery and back-to-school products, offering customized, mass-produced solutions with diverse finishing and binding options for domestic and international customers. With over a decade of industry experience and a fully integrated in-house manufacturing facility, it also provides commercial printing services and has recently expanded into paper packaging products
| Bidding Dates |
|---|
| To Be Announced |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 5.6 M | - | - | ₹0 | DRHP DOC |
Saffron Speciality Papers issue details
Saffron Speciality Papers has 5.6 M shares on offer
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
Saffron Speciality Papers IMPORTANT IPO DATES
| Issue Open Date | - |
| Issue close Date | - |
| Allotment Date | - |
| Refund Date | - |
| Demat Account Credit Date | - |
| Listing Date | - |
| Listing on Exchange(s) | BSE |
Saffron Speciality Papers NUMBER OF SHARES ON OFFER
Saffron Speciality Papers FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| Q1FY26 | 49.7 | 2.1 | 29.0 | 26.2 | 13.3% |
| FY25 | 250.6 | 10.7 | 23.9 | -19.5 | 9.2% |
| FY24 | 190.5 | 6.2 | 18.3 | 14.1 | 9.1% |
| FY23 | 131.6 | 0.5 | 4.6 | -21.1 | 3.1% |
Saffron Speciality Papers INFORMATION ON IPO ISSUE
About Saffron Speciality Papers
Saffron Speciality Papers was incorporated on April 15, 2008. The company manufactures and exports printed paper stationery and back-to-school products, offering customized, mass-produced solutions with diverse finishing and binding options for domestic and international customers. With over a decade of industry experience and a fully integrated in-house manufacturing facility, it also provides commercial printing services and has recently expanded into paper packaging products
Object of the Issue
- To part finance the estimated cost of extension of manufacturing facility of Unit 2
- To meet the enhaced working capital requirement of the company
- To repay/pre-pay high cost unsecured loans raised from NBFCs
- General corporate purpose
Saffron Speciality Papers - PROMOTERS
| Name |
|---|
| Sweta Agarwal |
| Harshiel Agarwal |
| Abbas Presswala |
Saffron Speciality Papers - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Sweta Agarwal | Chairman & Managing Director |
| Amisha Agarwal | Whole-time Director |
| Harshiel Agarwal | Non-Executive Director |
| Narayanan Ananthakrishnan Iyer | Non-Executive Independent Director |
| Mahavir Prasad Hingar | Non-Executive Independent Director |
| Jaykishan Rathi | Non-Executive Independent Director |
Saffron Speciality Papers Book Running Lead Manager
BOI Merchant Bankers Limited
info@boimb.com
Saffron Speciality Papers Registrar to the Offer
NSDL Database Management Limited
sunilk@ndml.in
Saffron Speciality Papers Strengths
Warehousing & distribution infrastructure
The company’s warehouse facilities, located within its manufacturing unit, support efficient storage and movement of raw materials and finished products, ensuring smooth supply chain operations. Its strategically located facility in Bhiwandi offers strong highway connectivity and proximity to the Nhava Sheva port, enhancing domestic distribution and export capabilities
Established packaging solutions
The company’s recently established Packaging Solutions division has gained early traction by securing repeat orders across select industries, supported by its ability to deliver customized packaging solutions. The division benefits from an experienced industry team that has helped build strong operational capabilities and customer relationships in segments such as quick-service restaurants, pharmaceuticals, and electrical goods packaging
Diversified markets & entry barriers
The company benefits from strong entry barriers through its experience in government and BFSI tenders, industry-specific expertise, and a proven export track record spanning over a decade. Its diversified presence across institutional, export, packaging, and branded stationery markets, supported by the EcoNama brand, reduces dependence on any single revenue stream and supports sustainable growth
Saffron Speciality Papers Risks
Manpower intensive
The company’s operations are manpower intensive and depend on the availability and retention of skilled and unskilled workers. Any labour shortages, increased wage costs, work stoppages, or future unionization efforts could disrupt operations, increase expenses, and adversely affect business performance and profitability
Customer quality & delivery risk
The company’s ability to secure and retain business in its commercial printing and paper packaging segments depends on consistently meeting client specifications, quality standards, and delivery timelines. Any failure to comply with contractual requirements or pass customer quality evaluations may result in order cancellations, financial penalties, loss of business opportunities, and reputational damage
Demand & inventory risk
The company’s performance depends on accurately forecasting demand, managing inventory, and planning production schedules across its stationery, commercial printing, and packaging businesses. Any failure to align raw material procurement, production capacity, or delivery timelines with customer requirements could lead to inventory inefficiencies, order cancellations, penalties, and adverse effects on financial performance
IPO FAQs
The promoters of the company are Sweta Agarwal, Harshiel Agarwal and Abbas Presswala.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.