Twinkle Papers, a leading manufacturer of packaging products, has opened its Initial Public Offering (IPO) for subscription today. Retail investors can bid for a minimum of 4,000 shares, requiring an investment of Rs 2.76 lakh at the upper end of the price band. The proceeds from the IPO will be used to fund the company's expansion plans and support future business growth.
Established in 1995, Twinkle Papers specializes in manufacturing packaging and material handling products, including corrugated boxes and polymer-based moulded packaging products. The company caters to various sectors such as food and beverages, pharmaceuticals, chemicals, textiles, healthcare, and construction. Its manufacturing operations utilize advanced technologies like blow moulding, injection moulding, and rotational moulding.
Twinkle Papers has demonstrated steady financial improvement. For the nine months ended December 2025, the company reported a total income of Rs 73.13 crore and a net profit of Rs 5.4 crore. In FY25, the revenue increased to Rs 83.98 crore from Rs 58.75 crore in FY24, with profit after tax more than doubling to Rs 3.33 crore from Rs 1.61 crore.
Novus Capital Advisors is the book-running lead manager for the IPO, while Alankit Assignments serves as the registrar to the issue. The company currently employs 119 people and serves a growing customer base across multiple industrial segments.
Twinkle Papers' IPO is a significant step in its growth trajectory, aiming to enhance its market presence and operational capabilities. The company's adherence to ISO 9001:2015 quality standards underscores its commitment to quality and innovation.
Background
Twinkle Papers, with its diverse product portfolio and strong financial performance, is well-positioned to capitalize on the growing demand in the packaging industry. The IPO marks a pivotal moment for the company as it seeks to expand its operations and strengthen its market position.
Investors and market watchers will be keenly observing the subscription levels and market response to Twinkle Papers' IPO. The company's expansion plans and financial performance will be crucial factors influencing investor sentiment in the coming months.
