Twinkle Papers IPO Launches Today: Explore GMP, Price Band, and Key Details!
The forthcoming IPO of Twinkle Papers offers investors an intriguing opportunity in the small and medium enterprises (SME) sector. The subscription opens on Monday, with a grey market premium (GMP) currently estimated at around 13%. This figure reflects positive sentiment surrounding the IPO, indicating potential moderate listing gains should market conditions remain consistent. The company plans to raise Rs 27.5 crore entirely through a fresh issuance of 39.88 lakh equity shares, without any offer-for-sale component. Priced in the range of Rs 64-69 per share, the offering will close on July 1, and shares are scheduled for listing on the BSE SME platform on July 6. Retail investors are required to bid for a minimum of 4,000 shares, thereby necessitating an investment of Rs 2.76 lakh at the upper end of the price band.
Founded in 1995, Twinkle Papers specializes in the production of packaging and material handling products, including a robust range of corrugated cartons and polymer-based packaging solutions. Their diverse portfolio also features HDPE drums, plastic crates, heavy-duty pallets, and moulded plastic furniture, aimed primarily at sectors such as food and beverages, pharmaceuticals, chemicals, textiles, healthcare, and construction. With manufacturing capabilities that employ advanced techniques such as blow moulding, injection moulding, and rotational moulding, the company possesses a competitive edge augmented by its in-house research and development team, which focuses on customized packaging solutions compliant with ISO 9001:2015 quality standards.
From a financial performance perspective, Twinkle Papers has demonstrated commendable growth. For the nine months concluding in December 2025, the company recorded total income of Rs 73.13 crore and a net profit of Rs 5.4 crore. In FY25, revenue surged to Rs 83.98 crore from Rs 58.75 crore in the previous year, with profit after tax more than doubling to Rs 3.33 crore from Rs 1.61 crore. The upcoming IPO aims to fund the company’s strategic expansion initiatives, thereby positioning it for sustained business growth, while its workforce of 119 employees reflects its operational scale in serving an expanding customer base across various industrial segments.
Source: The Economic Times
(Expert Note: This report was prepared by the Wealthova team.)