Nikita Papers Limited IPO Opens on May 27, 2025
Mumbai, May 23, 2025 – Nikita Papers Limited manufacturer of Kraft paper, has proposed its plan to go public with an Initial Public Offering on May 26, 2025 (For Anchor Investor) and May 27, 2024 (For other than Anchor Investor). The company is aiming to raise ₹ 67.54 Crores at upper price band through this IPO, with shares set to be listed on the NSE Emerge.The issue size is 64,94,400 equity shares of face value of ₹ 10 each.Equity Share Allocation●QIB Anchor Portion – Up to 18,50,400 Equity Shares●Net QIB – Up to 12,33,600Equity Shares●NII– Not Less than 9,25,200 Equity Shares●RII– Not Less than 21,58,800 Equity Shares●Market Maker – 3,26,400 Equity SharesThe net proceeds from the IPO will be utilized to meet capital expenditure for setting up a power plant, to meet the working capital r...










