GMP IPO Watch
Twinkle Papers IPO 2026: Price Band, GMP, Subscription Status, Financials and Complete IPO Review
Twinkle Papers IPO opened for subscription on 29 June 2026 and has quickly attracted inves...
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T
SME IPO
LISTED
BSE, NSE
TWINKLE PAPERS
Twinkle Papers IPO
Twinkle Papers IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Live GMP Today
₹2
+2.9%
Est. Listing: ₹71.00
Price Band
₹64 - ₹69
Per equity share
Lot Size
2000 Shares
Min Invest: ₹2,76,000
Issue Size
₹28 Cr
Total Public Offering
Issue Dates
28 June 2026 – 30 June 2026
Bidding period
Subscription
0.08x
Total overall demand
Twinkle Papers IPO Details
Key facts at a glance| IPO Open Date | 28 June 2026 | IPO Close Date | 30 June 2026 |
|---|---|---|---|
| Basis of Allotment | 1 July 2026 | Listing Date | 5 July 2026 |
| Price Band | ₹64 - ₹69 per share | Face Value | ₹10 per share |
| Market Lot Size | 2000 Shares | Min Investment (Retail) | ₹2,76,000 |
| Total Issue Size | ₹28 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | — |
| Listing At | BSE, NSE | Issue Category | SME Issue |
| Registrar | TBA | ||
Twinkle Papers IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 28 June 2026 | Confirmed |
| IPO Close Date | 30 June 2026 | Confirmed |
| Basis of Allotment | 1 July 2026 | Tentative |
| Initiation of Refunds | TBA | Tentative |
| Credit of Shares to Demat | TBA | Tentative |
| IPO Listing Date | 5 July 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 5:00 PM on Closing Day | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
Twinkle Papers IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 2 Lots | 4,000 Shares | ₹2,76,000 |
| Retail (Max) | 2 Lots | 4,000 Shares | ₹2,76,000 |
| S-HNI (Min) | 3 Lots | 6,000 Shares | ₹4,14,000 |
| S-HNI (Max) | 7 Lots | 14,000 Shares | ₹9,66,000 |
| B-HNI (Min) | 8 Lots | 16,000 Shares | ₹11,04,000 |
Twinkle Papers IPO Live GMP & Movement History
Daily unofficial grey market trends
Current Grey Market Premium
₹2 +2.9%
Estimated Listing Price
₹71.00
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 2 Jul 2026 | ₹2 | ₹71.00 | +2.90% |
| 30 Jun 2026 | ₹2 | ₹71.00 | +2.90% |
| 29 Jun 2026 | ₹9 | ₹78.00 | +13.04% |
Disclaimer: Grey Market Premium (GMP) figures are purely unofficial and indicative rates traded in the unregulated grey market. GMP is highly volatile and does not guarantee the actual listing price. Always consult a SEBI registered investment advisor before bidding.
Twinkle Papers IPO Subscription Status
Demand breakdown by investor category
Retail
0.17x
QIB
0.00x
NII / HNI
—
Total
0.08x
About Twinkle Papers
Twinkle Papers IPO Reservation & Share Quotas
Twinkle Papers IPO has reserved shares for various investor categories in accordance with the regulatory framework applicable to SME public issues. The reservation structure allows participation from institutional investors, high-net-worth investors, and retail investors.
Retail investors and Non-Institutional Investors (NIIs) together account for the majority of the issue allocation, while Qualified Institutional Buyers (QIBs) have been allotted a smaller portion of the issue. The final allotment will depend on the level of subscription received in each category during the bidding period.
| Investor Category | Shares Offered | Shares (%) |
|---|---|---|
| Anchor Investor | – Shares | -% |
| Qualified Institutional Buyers (QIB) Excluding Anchor | 1,90,000 Shares | 4.76% |
| Non-Institutional Investors (NII) | 17,98,000 Shares | 45.09% |
| Retail Individual Investors (RII) | 18,00,000 Shares | 45.14% |
Twinkle Papers IPO Important Dates
The Twinkle Papers IPO will open for subscription on June 29, 2026, and close on July 1, 2026. During this period, investors can submit their bids through their brokers or online trading platforms within the specified bidding window.
Following the closure of the issue, the company is expected to finalize the basis of allotment on July 2, 2026. Successful applicants will receive shares in their demat accounts before the company is scheduled to make its stock market debut on the BSE SME platform on July 6, 2026.
| IPO Activity | Date |
|---|---|
| Twinkle Papers IPO Open Date | June 29, 2026 |
| Twinkle Papers IPO Close Date | July 1, 2026 |
| Basis of Allotment | July 2, 2026 |
| Refund Initiation | July 3, 2026 |
| Credit to Demat Account | July 3, 2026 |
| Twinkle Papers IPO Listing Date | July 6, 2026 |
| IPO Bidding Cut-off Time | July 1, 2026 – 5:00 PM |
Twinkle Papers IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 29 Jun 2026 |
| IPO Close Date | 01 Jul 2026 |
| Basis of Allotment | 02 Jul 2026 |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 06 Jul 2026 |
Note: The timeline for ട്വിങ്കിൾ പേപ്പറുകൾ IPO is tentative and subject to change.
Twinkle Papers Objects of the Issue & Utilisation of Proceeds
Twinkle Papers Limited intends to utilize the proceeds from the IPO primarily to strengthen its manufacturing capabilities, improve financial flexibility, and support future business growth. A significant portion of the funds will be invested in expanding the existing manufacturing facility through the purchase of additional machinery and equipment.
The company also plans to reduce its debt burden by repaying a part of its outstanding borrowings and allocate funds towards working capital requirements to support day-to-day operations and business expansion initiatives. The remaining proceeds will be utilized for general corporate purposes.
| Purpose | Amount |
|---|---|
| Capital Expenditure for Expansion at the Existing Manufacturing Facility Through Purchase of New Machinery | ₹6.50 Cr. |
| Repayment of Portion of Loans Availed by the Company | ₹7.00 Cr. |
| Meeting the Working Capital Requirements of the Company | ₹8.00 Cr. |
| General Corporate Purposes | ₹- |
Twinkle Papers Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
Twinkle Papers Company Financial Report
Twinkle Papers Limited has demonstrated consistent growth in its financial performance over the last few years. The company reported steady revenue growth along with improving profitability, reflecting increasing demand for its paper products and better operational efficiency.
The company's total assets have also increased significantly, indicating continued investment in manufacturing capacity and business expansion. The financial performance for the period ending December 2025 shows further improvement in profitability compared to previous years.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | ₹54.96 | ₹53.72 | ₹0.90 | ₹50.64 |
| 2024 | ₹58.75 | ₹55.95 | ₹1.61 | ₹61.22 |
| 2025 | ₹83.98 | ₹79.52 | ₹3.33 | ₹75.38 |
| Dec 2025 | ₹73.13 | ₹68.08 | ₹5.40 | ₹93.37 |
Twinkle Papers Company Financial Report
To Be Updated Soon
Twinkle Papers Company Valuation & Key Performance Indicators
To Be Updated Soon
Twinkle Papers Peer Group Comparison
To Be Updated Soon
Twinkle Papers IPO FAQs
Twinkle Papers IPO opens for subscription on 28 June 2026 and closes on 30 June 2026.
The price band for Twinkle Papers IPO is set at ₹64.00 to ₹69.00 per share.
The minimum market lot size is 2000 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 4,000 Shares (₹2,76,000).
The latest Grey Market Premium (GMP) for Twinkle Papers IPO is ₹2. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Twinkle Papers IPO is tentatively scheduled for 1 July 2026, and shares are expected to list on the stock exchanges on 5 July 2026.
The registrar details will be confirmed in the official prospectus.
Twinkle Papers IPO Analysis & Articles