Nikita Papers IPO allotment to be finalised soon: Check status, GMP, and listing details

Nikita Papers has finalized the allotment for its initial public offering. The IPO witnessed modest demand. Shares are expected to be credited to demat accounts soon. Listing is scheduled on the NSE SME platform in early June. The company plans to use the funds to enhance production capacity. The company reported a profit for the nine months ended December 2024.