01
Sep
Surat-based Abril Paper Tech Ltd, a leading manufacturer of sublimation heat transfer papers, is set to raise up to ₹13.42 crore through its SME public issue on the BSE platform. The IPO, opening on August 29 and closing on September 2, offers 22 lakh equity shares at a fixed price of ₹61 each. Post-issue, the company’s market capitalization will stand at ₹48.69 crore, with listing scheduled for September 5. The proceeds will be used to install two fully automatic sublimation paper coating and slitting machines (₹5.40 crore), meet working capital requirements (₹5 crore), cover general corporate purposes (₹2.01 crore), and…
