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Open
6 Sep 2023
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Close
8 Sep 2023
3
Allotment
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Listing
Fri, Sep 15, 2023
Price Band
₹80 per share
Issue Size
7,20,000 shares (agg. up to ₹6 Cr)
Lot Size
1,600 Shares
Listing Date
Fri, Sep 15, 2023
Latest GMP
₹72
Est. Gain
90%
✦ AI Insight
GMP Trend
15-09-2023₹72Est. ₹152+90%
14-09-2023₹72Est. ₹152+90%
13-09-2023₹72Est. ₹152+90%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 713.73x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 14.49 | 9.75 | 8.98 | 10.47 |
| Total Income | 17.56 | 15.91 | 12.13 | 13.58 |
| Profit After Tax | 1.03 | 0.20 | 0.02 | 0.01 |
| NET Worth | 1.73 | 0.70 | 0.50 | 0.48 |
| Reserves and Surplus | 0.73 | 0.20 | -0.00 | -0.02 |
| Total Borrowing | 7.74 | 6.17 | 4.42 | 4.91 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Rex Sealing & Packing Industries Ltd. | SME | ₹8.09 Cr | ₹135 | 19.62 | ₹143.85 | +6.56% | ₹145.00 (+0.00%) |
| Uma Converter Ltd. | SME | ₹18.41 Cr | ₹33 | 10.31 | ₹33.15 | +0.45% | ₹16.25 (-4.69%) |
| Sabar Flex India Ltd. | SME | ₹4.48 Cr | ₹11 | 9.48 | ₹22.05 | +100.45% | ₹4.70 (+4.44%) |
| Mega Flex Plastics Ltd. | SME | ₹11.40 Cr | ₹40 | 16.19 | ₹56.70 | +41.75% | ₹100.00 (+0.00%) |
| Pyramid Technoplast Ltd. | Mainboard | ₹153.05 Cr | ₹166 | 16.21 | ₹177.65 | +7.02% | ₹160.93 (-2.26%) |
| Sah Polymers Ltd. | Mainboard | ₹66.30 Cr | ₹65 | 33.51 | ₹89.25 | +37.31% | ₹104.75 (+1.22%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet working capital requirements; | 4.00 |
| 2 | General Corporate Purpose | 0.94 |
About Kahan Packaging IPO
Incorporated in 2016, Kahan Packaging Limited provides bulk packaging solutions to business-to-business ("B2B") manufacturers catering to different industries such as the Agro-Pesticides Industry, Cement Industry, Chemical Industry, Fertilizer Industry, and Food Products Industry. Kahan Packaging manufactures and supplies Polypropylene (PP)/ High-Density Polyethylene (HDPE) Woven Fabric- Laminated, HDPE/PP woven sacks, Woven Fabric- UnLaminated, PP Woven Bag, PP Woven Bag with Liner, Printed Laminates for Flexible Packaging, woven polymer based products of different weight, sizes and colors as per customer's specifications. The company manufactures all its products in-house in its manufacturing units located in Asangaon, Maharashtra. The installed production capacity of Factory-I for woven fabrics is 2,600 m.t. p.a. The Company has also expanded its business by setting up a new manufacturing unit and installing a Multicolor (up to 8 Colors) Roto-Gravure Printing Machine for flexible packaging and printing processes including polyester, Nylon, BOPP, Foil, low and high-density polyethylene polypro plane and paper with two-sided printing facilities with high-speed hot air dryers with
Contact Details
Kahan Packaging Ltd. Address212, Jhalawar Service PremisesE S Patanwalla CompoundLBS Marg, Ghatkopar WestMumbai, Maharashtra, 400086+91 22-25004605info@kahanpackaging.comVisit Website