Twinkle Papers Ltd. Receives the BSE SME Approval for IPO
Twinkle Papers Ltd. has successfully obtained in-principle approval from Initial Public Offer (IPO) for its Draft Red Herring Prospectus (DRHP), paving the way for its Initial Public Offering (ipo).
consists solely of fresh issue of 0.40 crore equity shares worth ₹27.52 crores. with each share carrying a face value of ₹10.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet out the capital expenditure for expansion at the existing manufacturing facility by purchase of new machinery | 6.50 |
| 2 | To repayment of portion of loans availed by the Company | 7.00 |
| 3 | To meet the Working Capital requirements of the Company | 8.00 |
| 4 | To meet the General Corporate Purposes | |
| Total | 21.50 |
The company officially filed its draft papers on February 23, 2026, marking another significant milestone in its journey towards raising funds through the IPO.
Financial Performance Highlights:
Twinkle Papers Ltd.’s total income grew by 42%, reached ₹83.98 crore in Mar 31, 2025, compared to ₹58.75 crore in Mar 31, 2024.
For the same period, profit after tax jumped 107% to ₹3.33 crore, compared to ₹1.61 crore.
For the latest period ended on Dec 31, 2025, its total income stood at ₹73.13 crore and PAT stood at ₹5.40 crore.
