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Open
23 Jun 2023
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Close
27 Jun 2023
3
Allotment
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Listing
Thu, Jul 6, 2023
Price Band
₹101 to ₹107
Issue Size
61,99,200 shares (agg. up to ₹66 Cr)
Lot Size
1,200 Shares
Listing Date
Thu, Jul 6, 2023
Latest GMP
₹55
Est. Gain
51.4%
✦ AI Insight
GMP Trend
06-07-2023₹55Est. ₹162+51.4%
05-07-2023₹55Est. ₹162+51.4%
04-07-2023₹53Est. ₹160+49.53%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 49.64x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|
| Assets | 109.71 | 118.59 | 104.40 |
| Total Income | 120.48 | 118.57 | 96.81 |
| Profit After Tax | 13.37 | 5.17 | 9.14 |
| NET Worth | 85.62 | 72.25 | 67.08 |
| Reserves and Surplus | 69.62 | 56.25 | 66.08 |
| Total Borrowing | 6.57 | 25.83 | 15.41 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Technopack Polymers Ltd. | SME | ₹7.87 Cr | ₹55 | 10.54 | ₹77.70 | +41.27% | ₹13.50 (-3.64%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company | 3.54 |
| 2 | Funding the working capital requirements of the Company; and | 29.00 |
| 3 | General corporate purposes | 7.68 |
About Essen Speciality Films IPO
Incorporated in 2002, Essen Speciality Films Limited manufactures and exports specialized plastic products in the home improvement and home furnishing industry, to multinational modern trade retailers, such as IKEA, Walmart, Kmart, Bed Bath & Beyond, Rusta, Runsven, Kohl's, Kroger, etc. The company's product list includes bath area and accessories, artificial plants & flowers, kitchen & dining, storage & organization, fitness & lifestyle, and outdoor & utility products, and customized products, which include plastic films, Spa slippers, Baby shower caps, green-house gutter sheets, etc. The company markets and sells its products predominantly under three brands; 'Draperi' for shower curtains, 'Runner' for shelf liners, and 'Paperi' for artificial plants and placemats. They have a diversified customer base and are spread across various industries, including but not limited to home furnishing, home decor, departmental stores, discount retailers, hypermarkets, hardware, and home improvement, office supplies stores, agricultural and medical industry, and international importers and wholesale distributors. The company supplies its products to twenty-four (24) countries, including but not
Contact Details
Essen Speciality Films Ltd. AddressPlot No.ASurvey No.192Veraval (Shapar)Rajkot, Gujarat, 360024+91 98253 12701info@essenspeciality.comVisit Website