Nikita Paper’s IPO: A New Chapter in Our Growth Story

Publish Date: 03 Jun 2025

We are thrilled to share a landmark moment in our journey: Nikita Paper is now a publicly listed company. This IPO is not just a financial milestone; it is a reflection of the trust, commitment, and innovation that have defined us for over three decades .As one of India’s leading kraft paper manufacturers, stepping into the capital market marks the beginning of an exciting new phase: fuelled by purpose, powered by progress, and focused on sustainable impact.

Since our inception in 1989, we have consistently evolved with a clear vision to create high-quality, eco-friendly Kraft paper. Over the past three decades, we've expanded our client base across 14 states, building lasting relationships rooted in trust and quality.

Sustainability at the Core of Our Journey

Our growth has always been guided by a deep-rooted commitment to the planet:

• In 2013, we became a zero liquid discharge company.
• By 2016, we had switched to biomass fuel, further reducing our environmental footprint.
• And in 2021, we launched a state-of-the-art paper machine, bringing innovation and efficiency to the heart of our production.

Today, we proudly produce 100% recycled, tree-free, and chemical-free Kraft paper, helping businesses adopt greener packaging solutions while working toward a circular economy and net-zero carbon emissions.

Company at a Glance

• Installed capacity of 1,33,000 MTPA
• Kraft paper ranging from 80 to 230 gsm,
• In-house power generation: 2.5 MW & 1.5MW
• Work through waste-to-energy system
• Power from municipal solid waste (MSW)

IPO Launch: Powering Sustainable Growth

With the launch of our IPO, we have opened the door to new possibilities: ushering in stronger partnerships, accelerated growth, and a broader reach across India and global markets. This milestone reflects the unwavering trust of our stakeholders and energizes our mission to deliver high-quality, eco-friendly Kraft paper solutions for today’s ever-evolving world.

Our Chairman, Sudhir Kumar Bansal, said, “As we take the next step in our journey through the proposed initial public offering, our focus remains on building long-term value through responsible growth. At Nikita Papers Limited, we have steadily expanded our capabilities in Kraft paper manufacturing while maintaining a clear commitment to sustainability and operational efficiency.”

Our growth journey aligns with the broader expansion and promise of the Indian paper industry, which is rapidly evolving and making a significant mark globally

The Indian Paper Industry: A Thriving Backbone of Growth

India proudly stands among the world’s top 15 paper producers, contributing approximately 5% to global paper production, according to the Indian Paper Manufacturers Association (IPMA). The industry’s estimated turnover reaches a staggering INR 80,000 crore, with a significant contribution of around INR 5,000 crore to the national exchequer.

Beyond its financial impact, the paper sector is a vital source of employment, directly supporting half a million workers and indirectly providing livelihoods to an additional 1.5 million people across the country.

Wrapping Up:

On May 26, 2025, we proudly went public, raising Rs 67.54 crores at the upper price band, with our shares set to be listed on NSE Emerge. Through this IPO, we, as a dedicated paper manufacture, are committed to investing in renewable energy infrastructure, including a power plant that utilizes biomass and Refused Derived Fuel.

This initiative will reduce our reliance on conventional energy sources, helping us move closer to energy self-sufficiency while minimizing our environmental footprint.

By opening this new chapter, we reaffirm our focus on consistent execution, practical innovation, and our dedication to building a cleaner, more efficient future for the paper industry.