Twinkle Papers SME IPO Details 2026
All About Twinkle Papers IPO:
The Twinkle Papers IPO size is ₹– crore, including a fresh issue of ₹– crore and an offer for sale of ₹– crore. It is a Fresh capital only issue. The IPO issue opens on June 29, 2026 and closes on July 1, 2026. The share allotment is expected on July 2, 2026, and the listing date is July 6, 2026. Twinkle Papers Limited is based in Malerkotla, Punjab and operates in the Packaging & Disposables sector. It filed its DRHP on 23rd May 2025 and will list its shares on BSE SME. Alankit Assignments Ltd. is the registrar, while Novus Capital Advisors Pvt.Ltd. serves as the merchant banker for the offer.
IPO Highlights
IPO Reservation and Lot Size
The company has reserved shares for various investor categories. The Retail Shares reservation is 47.52% (18,00,000 shares), and QIB has –% (1,90,000). Further, the minimum lot size is – shares. The anchor investor reservation is –% (– shares), and the market maker reservation is 5.02% (2,00,000 shares).
IPO Issue Structure
QIB | 1,90,000 (-%) |
| Anchor Investor | – (-%) |
| QIB (Ex. Anchor) | 1,90,000 (-%) |
NII (HNI) | 17,98,000 (47.47%) |
| bNII > ₹10L | – (-%) |
| sNII < ₹10L | – (-%) |
Retail | 18,00,000 (47.52%) |
Market Maker | 2,00,000 (-%) |
Total | 39,88,000 (100%) |
On 23rd May 2025 the company filed its Draft Red Herring Prospectus. The Red Herring Prospectus is available to understand the business operations, financials, and the risks involved.
IPO GMP
The Grey Market Premium indicates the extra price that people pay in the unofficial market. This value changes daily based on demand for the shares. Track live GMP Today here.
Financial Performance (₹ in Cr)
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Total Income | 73.13 | 83.98 | 59 | 54.96 |
| Profit After Tax | 5.4 | 3.33 | 2 | 0.9 |
| EBITDA | 10.75 | 9.63 | 8 | 5.47 |
| Net Worth | 24.94 | 19.54 | 11.07 | 9.46 |
| Assets | 93.37 | 75.38 | 61.22 | 50.64 |
| Total Debt | 53.69 | 40.79 | 33.88 | 29.62 |
Key Performance Indicator
| Particulars | 30-Sep-25 | FY25 | FY24 | FY23 |
|---|---|---|---|---|
| EBITDA Margin (%) | 17.46 | 14.63 | 15 | 10.03 |
| PAT Margin (%) | 5.59 | 4.07 | 3 | 1.65 |
| EPS (₹) | 2.36 | 3.36 | 2 | 0.87 |
| ROE (%) | 11.86 | 17 | 14.54 | 9.51 |
| ROCE (%) | 15 | 22.37 | 29.96 | 20.48 |
| ROA (%) | 3.26 | 4.4 | 2.63 | 1.78 |
| Debt to Equity (x) | 1.91 | 2.09 | 3 | 3.13 |
To understand the above financial ratios / financial performance metrics as per the Draft Red Herring Prospectus.
Twinkle PapersSME IPO Review
You must look at the financial position of the company before deciding on the investments. You can read our full review article here.
Disclaimer: The information provided on this website is for general informational purposes only. Before making any investment decisions, you must consult with a qualified financial adviser.
IPO Financial Snapshot
Twinkle Papers Company Details
Twinkle Papers Limited started its business in 1995. The company operates in the Packaging & Disposables sector. It manufactures Corrugated Boxes for the industrial packaging market. Its main office is in Malerkotla. It serves many industrial customers every year. The firm employs 119 workers in various departments. Its leadership team has extensive years of industry experience. The company holds several quality certificates for its operations ISO 9000: 2015.
Main Offerings:
Key Strength:
Company Address: Ludhiana Roadmalerkotla, Distt Sangrur, Malerkotla, Punjab, 148023
You can contact the company via call or email.
+91 98155 33333 | amit@twinklepapers.com
Intermediaries & Key Contacts
Frequently Asked Questions
Twinkle Papers Ltd. is launching its SME IPO, which opens for subscription from June 29 to July 1, 2026. The company is issuing 3,988,000 fresh equity shares with a face value of ₹10 each. The shares will be listed on the BSE SME platform, with Alankit Assignments Ltd. serving as the official registrar and Novus Capital Advisors Pvt. Ltd. managing the issue.
The business makes packaging items. They supply boxes and plastic crates.
The corporate offer closes on July 1 2026. Bidders can apply online before that date.
The company will list the fresh shares on the BSE SME platform.
Alankit Assignments Limited handles the entire registry application work.
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