New Delhi, March 5 -- Shreenath Paper share price made a weak debut on NSE SME today. Shreenath Paper share price today opened at Rs.35.20, which is 20% lower than the issue price of Rs.44.

Shreenath Paper IPO started accepting subscriptions on Tuesday, February 25, and closed on Friday, February 28. Shreenath Paper IPO price band was established at Rs.44 per equity share, with a face value of Rs.10 each. Investors could make bids for a minimum of 3,000 equity shares, with further bids allowed in increments of 3,000 shares thereafter. Shreenath Paper IPO subscription status was 1.85 times on the last bidding day.

Founded in 2011, Shreenath Paper Products Limited focuses on delivering supply chain solutions for industries dependent on pa...