3 SME IPOs Open for Subscription Today: Neopolitan Pizza, Subam Papers, and Paramount Dye Tec

As of today, September 30, 2024, three exciting SME IPOs have opened for subscription: Neopolitan Pizza and Foods, Subam Papers, and Paramount Dye Tec. All three companies bring unique opportunities across diverse industries like food services, paper manufacturing, and synthetic fiber production. Here's everything you need to know about these IPOs, including key details, company overviews, financials, and objectives of the issue.

1. Neopolitan Pizza and Foods IPO

Company Overview

Incorporated in 2011, Neopolitan Pizza and Foods Limited operates primarily in the food services sector, offering authentic Neapolitan-style pizzas. The company runs both company-owned and franchise outlets, providing a wide range of pizza, pasta, salads, soups, and desserts. Additionally, Neopolitan Pizza also engages in agricultural commodity trading, sourcing products like wheat, rice, and tomatoes.

Key IPO Details

• IPO Opening Date: September 30, 2024
• IPO Closing Date: October 4, 2024
• IPO Size: ₹12 crore (60 lakh shares)
• Price per Share: ₹20
• Minimum Lot Size: 6,000 shares
• Minimum Investment (Retail): ₹120,000
• Listing Exchange: BSE SME

Objects of the Issue

• Expansion of the retail network with 16 new quick-service restaurants.
• Working capital requirements and general corporate expenses.

Financials (in ₹ Lakhs)

Read more about Neopolitan Pizza here https://stratzy.in/blog/neopolitan-pizza-ipo-a-comprehensive-guide-to-the-latest-sme-ipo/

2. Subam Papers IPO

Company Overview

Established in 2006, Subam Papers Limited is a leading manufacturer of Kraft Paper and other paper products. The company uses waste paper as its primary raw material, focusing on sustainable manufacturing practices. With a production capacity of 300 metric tons per day, Subam Papers is a significant player in the packaging industry, catering to diverse industries.

Key IPO Details

• IPO Opening Date: September 30, 2024
• IPO Closing Date: October 3, 2024
• IPO Size: ₹93.70 crore (61.65 lakh shares)
• Price Band: ₹144 to ₹152 per share
• Minimum Lot Size: 800 shares
• Minimum Investment (Retail): ₹121,600
• Listing Exchange: BSE SME

Objects of the Issue

• Investment in a subsidiary for capital expenditure.
• Repayment of certain debts and general corporate purposes.

Financials (in ₹ Lakhs)

Read more about Subam Paper IPO here https://stratzy.in/blog/subam-papers-ipo-key-insights-into-the-upcoming-sme-ipo-opportunity/

3. Paramount Dye Tec IPO

Company Overview

Founded in 2014, Paramount Dye Tec Limited specializes in producing recycled synthetic fibers and yarns, serving the B2B segment of the textile industry. The company manufactures high-quality yarns including acrylic, polyester, nylon, and wool. With two state-of-the-art facilities in Punjab, Paramount Dye Tec focuses on sustainability and quality.

Key IPO Details

• IPO Opening Date: September 30, 2024
• IPO Closing Date: October 3, 2024
• IPO Size: ₹28.43 crore (24.3 lakh shares)
• Price Band: ₹111 to ₹117 per share
• Minimum Lot Size: 1,200 shares
• Minimum Investment (Retail): ₹140,400
• Listing Exchange: NSE SME

Objects of the Issue

• Setting up a new manufacturing unit to expand capacity.
• Repayment of debt, registration of land, and general corporate purposes.

Financials (in ₹ Lakhs)

Read more about Paramount IPO here https://stratzy.in/blog/paramount-dye-tec-sme-ipo/

Conclusion

These three IPOs—Neopolitan Pizza and Foods, Subam Papers, and Paramount Dye Tec—offer diverse opportunities across industries ranging from food services and packaging to textile manufacturing. Each company presents unique growth prospects, strong financials, and a clear focus on expanding their operations. Investors should review the financials and the objectives of each issue to make informed investment decisions.