
Craftech Paper IPO Description – Craftech Paper Mills is an integrated kraft paper manufacturer based in Latur, Maharashtra, primarily engaged in producing recycled kraft paper used in corrugated boxes, industrial packaging, and paper-based applications. The company manufactures kraft paper in the range of 100–300 GSM and Burst Factor (BF) 18–28, catering to diverse strength and durability requirements across packaging segments.
The business operates on a 100% recycled fibre model, using old corrugated cartons (OCC) and wastepaper as key raw materials. Its manufacturing facility follows a Zero Liquid Discharge (ZLD) system, ensuring sustainable operations with complete recycling of process water. This aligns well with industry trends, where approximately 74–76% of India’s paper production in FY25 is derived from recycled fibre. Craftech serves a diversified customer base, including dealers, corrugators, and packaging manufacturers across Maharashtra, Telangana, Karnataka, and Madhya Pradesh. Maharashtra alone contributes nearly 75–78% of total revenue, indicating strong regional dominance.

Promoters of Craftech Paper – Suryakant Bansilal Karwa, Yash Suryakant Karwa
Craftech Paper IPO Details
| Craftech Paper IPO Dates | Coming soon |
| Craftech Paper Issue Price | Coming soon |
| Fresh Issue | 53,50,000 shares |
| Offer For Sale | 6,46,000 shares |
| Total IPO Size | 59,96,000 shares |
| Minimum Bid | Coming soon |
| Lot Size | Coming soon |
| Pre-issue Shares | *** shares |
| Face Value | INR 10 per share |
| Listing On | BSE SME |
Craftech Paper IPO Category Allocation
Craftech Paper Financial Performance
| FY 2023 | FY 2024 | FY 2025 | H1 FY 2026 | |
| Revenue | 87.49 | 79.97 | 100.69 | 59.41 |
| Expenses | 87.74 | 79.06 | 95.99 | 52.33 |
| Net Income | (0.20) | 0.27 | 3.52 | 5.34 |
| Margin (%) | (0.23) | 0.34 | 3.50 | 8.99 |
Craftech Paper Offer News
Craftech Paper Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 | |
| EPS | (0.17) | 0.23 | 2.93 |
| PE Ratio | – | – | – |
| Price/Book Ratio | – | – | – |
| Price/Sales Ratio | – | – | – |
| Current Ratio | 1.41 | 1.22 | 1.58 |
| RONW (%) | (3.30) | 4.34 | 35.81 |
| NAV | 7.55 | 7.89 | 12.29 |
| ROCE (%) | 7.13 | 5.81 | 13.00 |
| EBITDA (%) | 6.67 | 6.72 | 10.26 |
| Debt/Equity | 7.61 | 7.17 | 4.93 |
Evaluate the quality of an IPO using these essential investing ratios to make an informed decision.
Craftech Paper IPO Anchor Investors
Craftech Paper raises () from anchor investors. Craftech Paper Anchor bid date is ().
| Bid Date | Coming soon |
| Shares Offered | Coming soon |
| Anchor Portion (INR Cr.) | Coming soon |
| Anchor lock-in period end date for 50% shares (30 Days) | Coming soon |
| Anchor lock-in period end date for remaining shares (90 Days) | Coming soon |
Craftech Paper Offer Objectives
The company proposes to utilize net proceeds from the issue towards the following objects:
- Capital expenditure towards the purchase of a boiler – INR 7.50 crore
- Capital expenditure towards the purchase of a 2 MW back-pressure steam turbine generator (STG) – INR 2.50 crore
- Funding the working capital requirement of the company – INR 9.00 crore
- Prepayment or repayment of all or a portion of certain loans availed by the company – INR 5.50 crore
- General corporate purposes
Craftech Paper IPO GMP Today
Craftech Paper IPO Subscription – Live Updates
Coming soon
The market maker reservation portion of () shares and the anchor investor portion of () shares are not included in the above calculations.
Craftech Paper IPO Allotment Status
You can check Craftech Paper IPO allotment status on Maashitla Securities’ website. Click on this link to get the allotment status. Often not getting IPO allotment? Learn how to improve your IPO allotment chances.
Craftech Paper IPO Dates & Listing Performance
| IPO Opening Date | Coming soon |
| IPO Closing Date | Coming soon |
| Finalization of Basis of Allotment | Coming soon |
| Initiation of refunds | Coming soon |
| Transfer of shares to demat accounts | Coming soon |
| IPO Listing Date | Coming soon |
| Opening Price on BSE SME | Coming soon |
| Closing Price on BSE SME | Coming soon |
Craftech Paper Offer Lead Manager
HORIZON MANAGEMENT PRIVATE LIMITED
19 R N Mukherjee Road, Main
Building, 2nd Floor, Kolkata – 700 001
Phone: +91 33 4600 0607
Email: [email protected]
Website: www.horizonmanagement.in
Craftech Paper Offer Registrar
MAASHITLA SECURITIES PRIVATE LIMITED
451, Krishna Apra Business Square, Netaji
Subhash Place, Pitampura, New Delhi-110034
Tel: 011-47581432
E-mail: [email protected]
Website: www.maashitla.com
CRAFTECH PAPER MILLS LIMITED
Karwa Complex, Opp. Panchayat Office,
Main Road, NA, Latur – 413512, Maharashtra
Phone: 02382-299249
E-mail: [email protected]
Website: www.craftechpaper.com
IPO Resources
What is the Craftech Paper offer size?
Craftech Paper offer size is INR NA crores.
What is the Craftech Paper offer price band?
Craftech Paper public offer price is INR NA per share.
What is the lot size of the Craftech Paper IPO?
Craftech Paper offer lot size is NA shares.
What is the Craftech Paper IPO GMP today?
Craftech Paper IPO GMP today is INR NA per share.
What is the Craftech Paper IPO Subject to Sauda rate today?
Craftech Paper Subject to Sauda rate today is INR NA per application.
Krishna comes from a family of investors and financial analysts, She learnt wading through regulatory filings pretty early in her career. She has several years of experience in financial and industry analysis under her belt. At IPO Central, Krishna plays twin roles of Contributor and Head of research desk.



