Minimum Investment
About Company
Company Name: Twinkle Papers Limited
Industry / Sector: Packaging (Corrugated Boxes & Polymer Products)
Founded Year: 1995
Promoters: Amit Jain, Ayush Jain, Ruchi Jain
Twinkle Papers Limited is engaged in the manufacture of packaging and material handling products, including corrugated boxes, multi-colored printed fiberboard cartons, HDPE drums, jerrycans, plastic crates, heavy-duty pallets, molded plastic furniture, and dustbins. The company operates under the brand 'Twinkle' and serves industries such as food & beverage, dairy, pharmaceuticals, chemicals, textiles, and construction. It uses technologies like blow molding, injection molding, and rotational molding with HDPE and LLDPE granules.
IPO Basic Details
| Company Name | Twinkle Papers Limited |
| IPO Type | SME IPO |
| Price Band | ₹64 – ₹69 |
| Lot Size | 2000 Shares |
| Total Issue Size | 39,88,000 Equity Shares (₹28 Cr) |
IPO Strengths & Risks
Strengths
- Experienced and Qualified Management
- Strong and Consistent Financial Performance
- Growing Customer Base
- Scalable and Reliable Business Model
- Experienced Promoters with Domain Knowledge
- In-house R&D for Custom Solutions
Risks
- Raw material price volatility (plastic granules)
- Competition in packaging industry
- Working capital intensive operations
- Dependence on few key industries
- SME listing liquidity risks
IPO Important Dates
| IPO Open Date | 29 Jun 2026 |
| IPO Close Date | 01 Jul 2026 |
| Basis of Allotment | 02 Jul 2026 |
| Refund Initiation | 03 Jul 2026 |
| Demat Credit Date | 03 Jul 2026 |
| Listing Date | 06 Jul 2026 |
| Anchor Investor Date | - |
| UPI Mandate Deadline | - |
IPO Objectives
- Capital expenditure for machinery and equipment – -
- Funding working capital requirements – -
- Debt repayment – -
- General corporate purposes – Balance Amount
Investor Reservation
| QIB Quota | 5.02% of Net Issue |
| Retail Quota | 47.52% of Net Issue |
| HNI Quota | - |
| Employee Quota | - |
| Shareholder Quota | - |
| Anchor Investor Allocation | - |
Market Lot Details
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lots | 4,000 | ₹2,76,000 |
| Retail Maximum | - | - | - |
| S-HNI Minimum | 3 Lots | 6,000 | ₹4,14,000 |
| S-HNI Maximum | - | - | - |
| B-HNI Minimum | 8 Lots | 16,000 | ₹11,04,000 |
Key Performance Indicators (KPI)
| ROE | 21.66% (Sep 2025) / 17.75% (Mar 2025) |
| ROCE | 18.82% (Sep 2025) / 22.83% (Mar 2025) |
| RoNW | - |
| PAT Margin | 7.49% (Sep 2025) / 4.25% (Mar 2025) |
| EBITDA Margin | 14.92% (Sep 2025) / 11.79% (Mar 2025) |
| EPS | ₹2.98 (Pre) / ₹4.75 (Post) |
| NAV per share | - |
| Debt to Equity | 2.15 (Sep 2025) |
| P/E Ratio | - |
| Industry P/E | - |
Company Financial Data
| Period | Assets | Total Income | PAT | EBITDA | Net Worth | Borrowings |
|---|---|---|---|---|---|---|
| 9M FY2026 (31 Dec 2025) | ₹93.37 Cr | ₹73.13 Cr | ₹5.40 Cr | ₹10.75 Cr | ₹24.94 Cr | ₹53.69 Cr |
| FY2025 (31 Mar 2025) | ₹75.38 Cr | ₹83.98 Cr | ₹3.33 Cr | ₹9.63 Cr | ₹19.54 Cr | ₹40.79 Cr |
| FY2024 (31 Mar 2024) | ₹61.22 Cr | ₹58.75 Cr | ₹1.61 Cr | ₹8.47 Cr | ₹11.07 Cr | ₹33.88 Cr |
| FY2023 (31 Mar 2023) | ₹50.64 Cr | ₹54.96 Cr | ₹0.90 Cr | ₹5.47 Cr | ₹9.46 Cr | ₹29.62 Cr |
Grey Market Premium
| GMP Price | Not Available |
| Kostak Rate | Not Available |
| Subject to Sauda | Not Available |
| Last Updated | Jun 2026 |
| Estimated Listing Price | TBA |
IPO Subscription Data
| Total Subscription | Pending |
| QIB (Ex Anchor) | Pending |
| HNI Subscription | Pending |
| Retail Subscription | Pending |
| Anchor | - |
IPO Intermediaries
Registrar: Alankit Assignments Ltd.
Registrar Website: https://www.alankit.com
IPO Lead Manager(s)
Company Information
Address: Ludhiana Road, Malerkotla, Distt. Sangrur, Punjab - 148023
Website: https://twinklepapers.com
Email: amit@twinklepapers.com
Phone: +91 01675-351790
IPO Documents
Frequently Asked Questions (FAQ)
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