Aten Papers & Foam Limited, incorporated on January 7, 2019, is a Gujarat-based company specializing in the trading of various types of paper products. Originally founded as a private limited company, it transitioned to public limited status on July 18, 2024, following reorganization as a Public Limited Company. The firm plays a critical role in the paper supply chain, operating as an intermediary by sourcing paper products from mills and distributing them to packaging industry clients. Notable offerings include Kraft Paper and Duplex Board. Additionally, Aten Papers handles wastepaper procurement from stockists for sale to paper mills, as wastepaper is a vital raw material for manufacturing processes.
The company primarily operates in the domestic market, with its distribution centered around Changodar in Ahmedabad City, Gujarat. Its clientele spans businesses within the packaging sector that utilize paper products for various end-use applications, highlighting its niche focus and dependence on the packaging industry's demand dynamics.
Aten Papers & Foam Limited intends to expand its operations and raise capital through a public issue of up to 33,00,000 equity shares via Fresh Issue. This development reflects the company's ambition to scale its operations and strengthen its position in the paper product trading supply chain. Traders and investors may find opportunity in its specialized business model and growing demand for paper-based packaging solutions amidst sustainability trends.
