Rajshree Polypack Limited IPO

Add to Calendar 2018-09-10 12:00 AM 2018-09-12 12:00 AM Asia/Kolkata Rajshree Polypack Limited IPO Rajshree Polypack Limited India

Rajshree Polypack limited is one of the leading manufacturers of rigid plastic sheets and thermoformed packaging products as per the Care Advisory Report published on July 2018. The company is having the annual capacity of over 10,000 MT and has more than 100 products in its product line.

Date of Incorporation: The company was initially incorporated as partnership firm on 23rd of October 2003. Subsequently, it was reformed into public limited company ‘Rajshree Polypack Limited’ on the 3rd of August 2017.

The promoter of Rajshree Polypack Limited: Mr Ramswaroop Radheshyam Thard, Mr Naresh Radheshyam Thard and Sajjan N. Rungta HUF are the promoters of Rajshree Polypack Limited.

Products and Services Offering: Rajshree Polypack Limited offers a wide range of varied rigid plastic packaging that consists of:

  • - Drinking Cups

  • - Containers / Curd / Yoghurt Cups

  • - Ice-Cream Cups / Containers

  • - Plates / Trays

  • - Bowls

  • - Lids

  • - Hinged Containers

Besides this, it produces the customised products of various sizes and shapes according to the needs of its clients.

It also produces rigid plastic sheets of PP/ APET/ GPET and HIPS that are sold for ‘form filled sealed’ (FFS) applications used for box making and for vacuum forming applications.

Customers Segments: Rajshree Polypack Limited has a varied combination of customer that are spread across domestic as well as from international markets in the countries of China, Saudi Arabia, United Kingdom and Qatar among others. Some of its well-known clients include HUL, Amul, Pepsico, Mother Dairy, Reliance and Vadilal among others.

Objectives of Rajshree Polypack Limited IPO: The main Objectives of Rajshree Polypack Limited IPO are:

- Setting up of Factory Unit IV at Daman.

- General corporate purposes.

Company 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

8 656.66

8 157.94

7 610.30

6 447.78

5 707.24

Total Revenue

1 ,250.39

9 642.79

9 565.77

6 505.96

3 901.01

Profit After Tax

9 1.09

8 6.85

1 5.21

7 3.24

72.06

Issue Detail

  • Issue Open: Sep 10, 2018
  • Issue Close: Sep 12, 2018
  • Issue Type: Book Built Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 119 - Rs 121 Per Equity Share
  • Bid Lot:1000 Shares
  • Minimum Order Quantity:1000 Shares
  • Listing At: NSE SME
  • Issue Size: • Rs 35.82 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Shares Offered / Reserved 1,405,000 422,000 985,000 - - 2,812,000
Day 1 - Sep 10, 2018IST 0.00x 1.48x 0.11x - - 0.26x
Day 2 - Sep 11, 2018IST 0.72x 1.92x 0.78x - - 1.01x
Day 3 - Sep 12, 2018IST 3.61x 13.43x 2.90x - - 5.35x

Listing Day Trading Information

- BSE NSE
Issue Price - Rs 120.00
Open - Rs 111.05
Low - Rs 105.70
High - Rs 116.60
Last Trade - Rs 116.60
Volume - 2,29,000

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