Subam Papers stock debuts with 7% discount on BSE SME platform
Subam Papers' shares debuted on the BSE SME platform at Rs 142, down 6.6% from the issue price of Rs 152. The company, which uses waste paper for production, aims for sustainability with wind and solar energy. In fiscal year ending March 2024, Subam Papers reported revenues of Rs 497 crore and net profit of Rs 33.44 crore.