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Issue Open Sep 21, 2018
Issue Close Sep 27, 2018
Price Band ₹ 35
Face Value Rs 10 Per Equity Share
Issue Size ₹ 8.75 Cr
Listing Exchange NSE SME
Issue Type Fixed Price Issue IPO
Cut off time for UPI Mandate Confirmation -
Allotment Details -
Refunds -
Credit of Shares to Demat -
Listing On Oct 08, 2018
About the company:

Kshitij Polyline Limited is involved in manufacturing, supplying and distributing a wide variety of Smart I.D. Card Products, Binding & Lamination equipment, Stationary Products and related materials and accessories.

Date of Establishment: The company was incorporated on 26th March 2008 as a private limited company ‘Kshitij Polyline Private Limited’ in Mumbai. Subsequently, the company was reconstructed to public limited company renamed to ‘Kshitij Polyline Limited’ on 19th January 2018.

Promoters of Kshitij Polyline Limited: Mr Bharat Hemraj Gala, Hemraj Bhimshi Gala and Rita Bharat Gala are the promoters of Kshitij Polyline Limited.

Products and Services Offering: The company has a widely diversified product that includes:

  • - Office Stationery and Utility products

  • - Wiro and Spiral

  • - Laminated Sheet and PP Sheet

  • - Personalised Products

Customer Segments: The company has a diversified customer segment that is spread across national and international countries including Argentina, Sri Lanka, Netherlands, Bhutan, Spain, Kenya, Turkey and Saudi Arabia among others.

Objects of Kshitij Polyline Limited IPO: The main objectives of Kshitij Polyline Limited IPO are:

  • - To utilise the proceeds for buying Machinery and Equipment for manufacturing of Laminated sheet, Wiro and PP Sheet.

  • - Working Capital Requirement.

  • - General Corporate Purposes.

  • - Issue Expenses.

Capital Financials:

Summary of Financial Information (Restated)

Particulars

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


3 -Mar-18

3 -Mar-17

3 -Mar-16

3 -Mar-15

3 -Mar-14

Total Assets

2 477.39

1 719.42

1 483.16

1 422.31

1 309.95

Total Revenue

2 743.25

1 701.04

1 557.20

1 239.14

1 267.65

Profit After Tax

1 5.62

2 .78

1 .94

1 .27

11.45

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