B&B Triplewall Containers Limited IPO

Add to Calendar 2018-09-28 12:00 AM 2018-10-05 12:00 AM Asia/Kolkata B&B Triplewall Containers Limited IPO B&B Triplewall Containers Limited India

B&B Triplewall Containers Limited is engaged in the production and distribution of corrugated boxes and corrugated sheets. The company has its registered office situated at Banglore while its production units are situated in Krishnagiri & Banglore. It has been serving the packaging industry with its fully automated production model.  

Date of Incorporation: The company was initially incorporated as ‘MNM Triplewall Containers Private Limited’ at Banglore on 23rd August 2011. Subsequently, it was reformed to public limited and it was renamed to ‘B.B. Triplewall Containers Limited’ on 13th of June 2018.

Promoters of B&B Triplewall Containers Limited: Mr Manish Kumar Gupta, Mr Ravi Agarwal, Mr Alok Agarwal, Mr Manish Bothra, Mr Amit Agarwal, Mr Sidharth Agarwal, and Mr Nishant Bothra are the promoters of B&B Triplewall Containers Limited.

Products and Services Offering: The company is involved in the manufacturing of customized Corrugated boxes and Corrugated sheets according to the needs and requirements of its clients.

Customer Segments:  The customer mainly operates across pan India. It’s clientele consists of several industries like pharma, FMCG, E-Commerce, Retail and Breweries among others.

Objects of B&B Triplewall Containers Limited IPO: The core objectives of this IPO are -

- To meet Working Capital Requirements for the Company

- Repayments of Internal Loans

- General Corporate Expenses

- Issue Related Expenses

Company Financials:

Summary of Financial Information (Restated)

Particulars

For the year/period ended (in Rs. Lakhs)


31-Mar-18

31-Mar-17

31-Mar-16

31-Mar-15

31-Mar-14

Total Assets

9,625.45

8,254.71

4,917.14

2,534.98

2,275.11

Total Revenue

16,697.19

10,195.43

10,175.83

4,504.14

3,162.48

Profit After Tax

457.01

166.5

192.86

127.6

67.23

Issue Detail

  • Issue Open: Sep 28, 2018
  • Issue Close: Oct 05, 2018
  • Issue Type: Fixed Price Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 36 Per Equity Share
  • Bid Lot:3000 Shares
  • Minimum Order Quantity:3000 Shares
  • Listing At: NSE SME
  • Issue Size: • Rs 19.99 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Shares Offered / Reserved - 2,637,000 2,637,000 - - 5,274,000
Day 1 - Sep 28, 2018IST - 0.00x 0.00x - - 0.00x
Day 2 - Oct 01, 2018IST - 0.10x 0.01x - - 0.05x
Day 3 - Oct 03, 2018IST - 0.21x 0.03x - - 0.12x
Day 4 - Oct 04, 2018IST - 0.54x 0.09x - - 0.32x
Day 5 - Oct 05, 2018IST - 1.88x 0.28x - - 1.09x

Listing Day Trading Information

- BSE NSE
Issue Price - Rs 36.00
Open - Rs 37.80
Low - Rs 36.20
High - Rs 39.50
Last Trade - Rs 39.50
Volume - 525,000

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