Incorporated in October 2004, Subam Papers Limited is a forward-thinking packaging solutions provider that specializes in the manufacturing of Kraft paper and paper products. The company began its journey with paper cones and has since expanded its portfolio to include Duplex board and Kraft paper. Unlike traditional paper manufacturers, Subam embraces sustainability by utilizing waste paper as its primary raw material, thus aligning its operations with principles of recycling and environmental stewardship. This commitment to preserving nature not only reduces waste but also positions Subam as a leader in eco-friendly packaging solutions.
To further enhance its sustainability efforts, Subam has invested in renewable energy. The company operates two windmills with a combined capacity of approximately 1.7 MW and a solar plant with a capacity of 14 MW. This infrastructure allows Subam to significantly reduce its carbon footprint while ensuring energy efficiency in its manufacturing processes. With an installed capacity of 140 MTPD for Duplex Board and an ambitious target of over 1,000 Metric tons per day by FY 2024-2025, Subam is poised for substantial growth. The increased production capacity reflects a robust response to the rising demand for sustainable packaging solutions across various industries.
Quality is at the forefront of Subam’s operations, bolstered by a strong Quality Management System that guarantees adherence to high safety and environmental standards. The company’s FSC Recycled certification underscores its dedication to using 100% recycled materials, ensuring that its products not only meet but exceed client expectations. Subam’s ability to offer customized packaging solutions, including odourless paper tailored for food applications, showcases its flexibility and understanding of diverse client needs. This attention to detail and commitment to quality has enabled the company to forge strong partnerships with major corporations, such as Britannia and United Breweries.
As Subam Papers Limited continues to innovate and expand, it remains focused on delivering value-added paper products and packaging solutions. By diversifying its offerings—ranging from corrugated boxes to paper cones—the company aims to meet the evolving needs of its clientele while enhancing its competitive edge in the market. With a well-trained team dedicated to maintaining high quality and responsive customer service, Subam is well-positioned to solidify its status as a preferred supplier for large corporations, ensuring reliability and cost-efficiency in every transaction.
Subam Papers Limited prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives. The are:
- Investment in Subsidiary for Financing its Capital Expenditure requirements
- General Corporate Purposes
You can now apply for the Subam Papers Limited IPO on Upstox. Click here.