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Open
10 Sep 2018
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Close
12 Sep 2018
3
Allotment
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Listing
Mon, Sep 24, 2018
Price Band
₹119 to ₹121
Issue Size
29,60,000 shares (agg. up to ₹36 Cr)
Lot Size
1,000 Shares
Listing Date
Mon, Sep 24, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 3.93x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2018 | 31 Mar 2017 | 31 Mar 2016 |
|---|---|---|---|
| Assets | 85.66 | 81.58 | 76.10 |
| Total Income | 112.50 | 96.43 | 95.66 |
| Profit After Tax | 9.31 | 8.87 | 7.83 |
| EBITDA | 20.73 | 21.55 | 20.31 |
| NET Worth | 46.98 | 39.35 | 31.20 |
| Reserves and Surplus | 39.01 | 31.38 | 28.55 |
| Total Borrowing | 14.86 | 20.92 | 26.26 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| A & M Jumbo Bags Ltd. | SME | ₹4.00 Cr | ₹65 | null | ₹66.55 | +2.38% | ₹11.80 (-4.84%) |
| Worth Peripherals Ltd. | SME | ₹18.28 Cr | ₹43 | null | ₹51.60 | +20.00% | ₹142.55 (+0.56%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up of Factory Unit IV at Daman | 36.24 |
| 2 | General corporate purposes | 0.64 |
About Rajshree Polypack IPO
Incorporated in 2003, Thane-based Rajshree Polypack Limited is a company engaged in the business of plastic packing products. It is one of the leaders in the manufacturing of rigid plastic sheets and thermoformed packaging products (source: Care Advisory Report, July 2018).Rajshree's products range from yogurt & ice cream containers, beverage cups & containers, food packing, bakery products and confectioneries, coffee cups, QSRs, generic bowls, punnets & trays for fruits and vegetable packing, lids etc. The company's manufacturing facility is located at Daman and has an annual capacity of over 10,000 MT.Rajshree Polypack's revenue from operations grew at a CAGR of 19.97% for the last four (4) Fiscals.The net profit of the company grew at a CAGR of 134.66% and EBITDA by 33.05% for the last 4 fiscals.The company has 418 employees on its payroll.Competitive Strengths-1. Consistent financial performance2. Leading name in the manufacturing of rigid plastic sheets and thermoformed packaging3. Competitive edge due to the locational advantage of its manufacturing facility+ Read More
Contact Details
Rajshree Polypack Ltd. Address#503-504, 5th Floor, Lodha SupremusRoad No.22, Kishan NagarWagle Estate, Thane (W)Mumbai, Maharashtra, 400604+91-22 25818200cosec@rajshreepolypack.comVisit Website