<ul data-eligibleForWebStory="true"><li>Paper Arizona, a startup B2B marketplace for paper, pulp, packaging, and allied products, plans to go public with an IPO listing in the second half of 2026.</li><li>The company, which exceeded Rs 100 crore in annual revenue in FY 2024-25 within three years of inception, is preparing for aggressive growth.</li><li>Paper Arizona has raised Rs 5 crore in government grants and collaborates with over 3,500 buyers; it aims to raise around Rs 50 crore through the upcoming IPO.</li><li>The IPO, after positive assessments and approvals, is expected to empower growth in India's paper and paper-allied supply chain.</li><li>The company plans to strengthen its regional presence in North India, with ambitions to expand into Eastern and Western Indian markets, followed by international expansion into the Middle East by 2030.</li></ul>

Paper Arizona eyes IPO in second half of 2026

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