IPO Withdrawn
Official notice: this IPO has been withdrawn from the market and is no longer active for subscription.
Saffron Speciality Papers SME IPO
Saffron Speciality Papers IPO — date, price band, GMP & allotment 2026
Saffron Speciality Papers IPO is scheduled to open for subscription from 7 July 2026 to 9 July 2026. Incorporated in 1994, Saffron Speciality Papers Limited is engaged in the manufacturing of specialty papers used in packaging, industrial, decorative and other value-added applications. The company follows a manufacturing-driven business model, producing customized paper solutions for diverse industries. Based in Gujarat, it caters to customers across India and selected international markets through its specialty paper product portfolio.
Timetable
Key dates from opening to listing. Today is 16 September.
- Open 22 Jun 2026
- Close 24 Jun 2026
- Allotment 25 Jun 2026
- Refund/credit TBA
- Listing 29 Jun 2026
Issue summary
The terms of the offer, as filed.
| IPO Dates | 22 to 24 Jun, 2026 |
|---|---|
| Price Band | TBA |
| Face Value | ₹TBA |
| Lot Size | TBA Shares |
| Issue Size | TBA |
| Min Investment | TBA |
Strengths & risks
Drawn from the offer document — the case for and against, side by side.
Strengths · 5
- 01Over three decades of experience in the specialty paper manufacturing industry.
- 02Diverse portfolio of value-added specialty paper products catering to multiple sectors.
- 03Focus on customized paper solutions helps build long-term customer relationships.
- 04Growing demand for specialty and sustainable packaging materials supports future growth.
- 05Established manufacturing infrastructure and industry expertise enhance operational efficiency.
Risks · 5
- 01Fluctuations in raw material prices such as waste paper and pulp can impact margins.
- 02Demand slowdown in packaging and industrial sectors may affect revenue growth.
- 03Intense competition from domestic and international paper manufacturers could pressure profitability.
- 04Environmental regulations and compliance requirements may increase operating costs.
- 05Dependence on a limited number of large customers could affect business performance if orders decline.
Where the money goes
How the company intends to use the proceeds of the issue.
About the company
The company manufactures a variety of specialty papers used in packaging, décor, industrial applications and other niche segments. Its business model focuses on producing value-added paper products tailored to specific customer requirements rather than commoditized paper grades. By emphasizing product quality, customization and operational efficiency, the company serves converters, packaging companies and industrial customers while generating revenue through domestic and export sales.
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The bankers & the filings
Who is running the book, and the documents this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
Boi Merchant Bankers Ltd
1 issue handled1 of their issues has listed so far, and 0 opened above the issue price (average -4.4%). That is too small a sample to read as a hit rate.
Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Frequently asked
What is the GMP of Saffron Speciality Papers?
The current Grey Market Premium is ₹0.
What is the Saffron Speciality Papers IPO price band?
TBA.
When is the allotment?
The basis of allotment is 25 June 2026, with listing on 29 June 2026.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every SME and Mainboard issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.