SHREENATH PAPER PRODUCTS LIMITED

Our Company was originally incorporated as a private company in the name and style of "Shreen ath Paper Products Private Limited'' under the Companies Act, 1956 vide certificate of incorporation dated October 10, 2011 issued by Registrar of Companies. Maharashtra, Mumbai. Thereafter, pursuant to are solution passed by its Shareholders in the extraordinary general meeting held on December 30, 2011 the business of

M/s. Shrinath Papers, a proprietorship concern was taken over as per the terms of the MoU dated December 09, 2011. Subsequently, our Company was converted into a public limited company, pursuant to the special resolution passed by the Shareholders of our Company at the Extraordinary General Meeting of our members held on March 21.2023, and consequently upon conversion, the name of our Company was changed to "Shreenath Paper Products Limited", vide a fresh certificate of in corporation dated April 20, 2023 is sued by Registrar of Companies, Mumbai. For further details on in corporation and registered office of our Company, see History and Certain Corporate Matters" beginning on page 118 of the Prospectus.

1. Our Equity Shares have never been publicly traded and may experience price and volume fluctuations following the completion of the Issue. Further, our Equity Shares may not result in an active a liquid market and the price of our Equity Shares may be volatile and you may be unable to resell your Equity Shares at or above the Issue Price or at all.

2. The average cost of acquisition of Equity Shares by our Promoters is as follows:

3. Weighted cost of acquistion:

*As certified by our Statutory Auditors M'S. S.H.Dama & Associates. Chartered Accountants by way of their certificate dated January 30.2025

There were no secondary sale/acquisition of shares (exceeding 5% of pre issue capital) in last 18 months from the date of the Prospects For details please refer to the chapter titled ‘Basis for Issue Price' beg rang on page78 of the Prospectus.

Investors are requited to refer section Investors are required to refer section titled "Risk Factors" on page 22ot the Prospectus.

As on the date of the Prospectus. Galactico Corporate Services Limited the Lead Manager of this Company the Issues managed by the Lead Manager are as to follows:

This Issue is being made in terms of Chapter IX of the Securities Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations. 2018 as amended ("SEBI(ICDR) Regulations"), in terms of rule 19(2)(b)(i) of the Securities Contracts (Regulation) Rules, 1957, as amended the SCRR") this is an issue for at least 25%of the post-issue paid-up equity share capital of our Company .This Issue is a fixed price issue and allocation in the net issue to the public will be made in terms of regulation 253 of the SEBI (ICDR) regulations. For further details, please refer chapter titled "Issue Procedure" beginning on page 228 of the Prospectus dated February 17, 2025.

The Issue has received 6,746 applications (excluding the multiple, duplicate bids, cancelled bids or withdrawal bids) for2,22,21.000 Equity Shares (before technical rejection) resulting in4.18 times subscription (including reserved portion of Market Maker) as disclosed in the Prospectus. After removing multiple and duplicate bids, bids (UPI Mandates) not accepted by investors/ blocked, bids rejected under application banked but bid not registered and valid rejections cases from the Bid Boo If, the offer was sub scribed by 1.75times. The details of the applications received in the issue from various categories are as under:

Detail of the Valid Applications: After eliminating technically rejected applications, the following tables give us category wise net valid applications and allotment:

ALLOCATION: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - BSE on Monday, March 03,2025 and in view of the explanation provided under regulations 253 (2) of the SEBI (ICDR) Regulation. 2018. the Retail Investors and Non -Retail Investors has subscribed to the extent of 1.79 Times and 1.80 Times, of the Net subscription respectively. Accordingly, we have derived the issue size for different categories.

A. Allocation to Market Maker (After Technical Rejections & Withdrawal): The Basis of Allotment to the Market Maker was finalized in consultation with BSE. The category was subscribed by 1 times. The total number of shares allotted in this category is 2,82,000 Equity shares.

B. Allocation to Retail Individual Investors (After Technical Rejections & Withdrawal): The Basis of Allotment to the Retail Individual Investors was finalized in consultation with BSE. Based on Subscription (Times) in relation to Valid Bids, the category was subscribed by 1.79 times i.e.,for77,22,000 Equity Shares. Total number of shares allotted in this category is 43,02,000 Equity Shares to 1,434 successful applicants.

C. Allocation to Other than Retail Individual Investors (After Technical Rejections & Withdrawal): The Basis of Allotment to Other than Retail Individual Investors was finalized in consultation with BSE. Based on Subscription (Times) in relation to Valid Bids, the category was subscribed by 1.80 times i.e., for 13.08.000 shares. The total number of shares allotted in this category is 7.26.000 Equity Shares to 111 successful applicants.

The Board of Directors of the Company at its meeting held on March 03.2025 has take n on record the Basis of Allocation of Equity Shares and as approved by the Designated Stock Exchange viz. BSE on March 03, 2025 and has authorized the corporate action for the transfer of the Equity Shares to various successful applicants.

The CAN-cum-Refund Orders and allotment advice and/or notices are dispatched to the address of the Applicants as registered with the depositories on or before March 04, 2025. Further, the instructions to Self-Certified Syndicate Banks for unblocking the amount were being processed on or before March 03, 2025. The Equity Shares allocated to successful applicants are being credited to their beneficiary accounts subject to validation of the account details with the depositories concerned. In case the same is not received within four days, investors may contact the Registrar to the issue at the address given below. The Equity Shares allocated to successful applicants shall be uploaded on or before March 04, 2025 or credit into the respective beneficiary accounts subject to validation of the account details with depositories concerned. The Company is in the process of obtaining approval from BSE and the trading of the equity shares is expected to commence trading on March 05, 2025.

Note: All capitalized terms used and not defined herein shall have the respective meaning assigned to the in the Prospectus dated February 17, 2025 ('Prospectus")

The details of the allotment made would also be hosted on the website of the Registrar to the Issue- Big share Services Private Limited at www.bigshareonline.com. All future correspondence in this regard may kindly be addressed to the Registrar to the Issue quoting full name of the First/Sole applicants, serial number of the Application Form, number of shares applied for applicants DP ID, Client ID, BAN date of submission of the Bid cum Application Form, address of the applicants. Bank Branch where the application had been submitted, copy of the acknowledgement Slip and payment details at the address of the Registrar given below.

	BIGSHARE SERVICES PRIVATE LIMITED
	Registered Office: S6-2.6" Floor. Pinnacle Business Parti, next to Ahura Centre
	Mahakali Caves Road. Andheri (East) Mumbai - 400093, Maharashtra. India
	Tel. No.: +91 022 6263 8200 Fax No: +91 22 6263 8299
Email: ipo@bigshareonline.com Investor Grievance Email: investor@bigshareonline.com
Website: www.bigshareonline.com Contact Person: Vinayak Morbale
SEBI Registration No.: INR000001385

The Level of Subscription should not be taken not be indicative of either the market price of the Equity Share on Listing or the business prospects of Shreenath Paper Products Limited.

Disclaimer : Shreenath Paper Products Lomited has filled the Prospectus dated February 17, 2025, with the Registrar of Companies, Aurangabad, Maharashtra. SEBI and the Stock Exchange. The Prospectus is available on the respective website of the Lead Manager at www.galacticocorp.com the website on the BSE i.e., www.bseindia.com and website of the Issuer Company at www.shreenathpaper.com Investors should note that investment in Equity Shares involves a high risk and for the details relating to the issue, please see "Risk Factors" Beginning on page 22 of the Prospectus.

The Equity Shares have not been and will not be registered under the U.S Securities Act 1933, as amended (the "Securities Act") or any state securities laws in the United States and unless so registered, and may not be issued or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to the registration requirements of the Securities Act and in accordance with any applicable U.S. state securities laws. The Equity shares are being issued and solid outside the United States in offshore transition in reliance on Regulation under the Securities Act and applicable laws of each jurisdiction where such Issue and sales are made. There will be no public issuing in the United States.