✓
Open
6 Mar 2006
✓
Close
10 Mar 2006
3
Allotment
—
✓
Listing
Wed, Apr 5, 2006
Price Band
₹30 per share
Issue Size
83,34,000 shares (agg. up to ₹25 Cr)
Listing Date
Wed, Apr 5, 2006
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.52x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2005 | 31 Mar 2004 | 31 Mar 2003 | 31 Mar 2002 | 31 Mar 2001 |
|---|---|---|---|---|---|
| Assets | 14.34 | 11.10 | 9.27 | 7.68 | 3.83 |
| Total Income | 48.98 | 46.88 | 35.35 | 25.03 | 12.06 |
| Profit After Tax | 2.65 | 0.71 | 0.05 | -0.52 | 0.12 |
| NET Worth | 10.13 | 7.47 | 6.66 | 6.57 | 6.58 |
| Reserves and Surplus | 3.16 | 0.51 | 0.13 | 0.14 | |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Sree Sakthi Paper Mills Ltd. | Mainboard | ₹25.00 Cr | ₹30 | 22.21 | ₹29.20 | -2.67% | ₹20.83 (+4.99%) |
| Yash Papers Ltd. | Mainboard | ₹23.52 Cr | ₹14 | null | ₹16.20 | +15.71% | ₹70.84 (-2.76%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up of Newsprint of 150 TPD | 68.00 |
| 2 | Public Issue Expenses | 2.00 |
| Total | 70.00 |
About Malu Paper Mills IPO
Incorporated in January 1994, Malu Paper Mills Ltd. is a manufacturer of recycled paper products, including Kraft paper, newsprint, and writing/printing paper. The company has a total capacity of approximately 90,000 TPA of Kraft paper and 50,000 TPA of newsprint/writing paper. The company's Plants are located near Nagpur, Maharashtra, covering 140 acres, providing strong connectivity to regional markets. The company operates three manufacturing units in Central India with a combined capacity of approximately 140,000 tonnes per annum (TPA). As of March 2005, the company had 85 employees on the payroll of its existing plant. Product Portfolio: Kraft Paper: Used in packaging industry. Newsprint: Recycled newsprint for Indian print media houses. Writing & Printing Paper: High-quality Maplitho grade with up to 88% brightness. Competitive Strength: Established newsprint producer in the Nagpur region iPaper manufacturing know-how at mill Low personnel costs (compared with international competitors) MPL already operates in the newsprint paper segment, and the new plant would benefit from its competency in marketing of newsprint paper. MPL has a location advantageous in being in Nagpur as
Contact Details
Malu Paper Mills Ltd. AddressHeera Plaza”’ 4th FloorNear Telephone ExchangeCentral AvenueNagpur, Maharashtra, 440008+91 712 276030ipo@malupaper.comVisit Website