Paper Arizona Eyes IPO for Expansive Growth
Paper Arizona, a B2B marketplace for paper products, plans to go public with an IPO by the second half of 2026, aiming to accelerate growth. Achieving a revenue milestone of Rs 100 crore in less than three years, the company seeks to strengthen its presence in India and expand internationally.
- Country:
- India
Paper Arizona, a burgeoning B2B marketplace for paper, pulp, packaging, and allied products, announced plans to launch an Initial Public Offering (IPO) in the latter half of 2026. The company, having surpassed the Rs 100 crore revenue mark within three years since its establishment, is poised for significant growth.
Ankitt Jain, Co-Founder and CEO of Paper Arizona, stated, "We are on track to achieve Rs 130 crore this fiscal year. Our forthcoming IPO is expected to fuel our next phase of growth and expansion." The company has already secured Rs 5 crore in government grants and collaborates with over 3,500 buyers.
With positive evaluations from IPO-readiness assessments, Paper Arizona aims to raise approximately Rs 50 crore through its IPO. Currently operational in over 10 North Indian cities, the company plans to widen its regional impact before venturing into the Eastern and Western parts of India, and later into international markets by 2030, starting with the Middle East.
(With inputs from agencies.)
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