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Open
23 Nov 2006
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Close
29 Nov 2006
3
Allotment
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Listing
Wed, Dec 20, 2006
Price Band
₹21 to ₹23
Issue Size
1,23,91,304 shares (agg. up to ₹28 Cr)
Listing Date
Wed, Dec 20, 2006
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.52x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2006 | 31 Mar 2006 | 31 Mar 2005 |
|---|---|---|---|
| Assets | 21.55 | 15.80 | 14.50 |
| Total Income | 37.73 | 63.16 | 48.84 |
| Profit After Tax | 3.02 | 4.66 | 3.79 |
| NET Worth | 27.90 | 24.87 | 16.33 |
| Reserves and Surplus | 19.07 | 16.22 | 9.61 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Malu Paper Mills Ltd. | Mainboard | ₹25.00 Cr | ₹30 | 9.89 | ₹32.45 | +8.17% | ₹30.23 (-3.82%) |
| Sree Sakthi Paper Mills Ltd. | Mainboard | ₹25.00 Cr | ₹30 | 22.21 | ₹29.20 | -2.67% | ₹20.83 (+4.99%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up of Writing & Printing Paper Plant along with Chemical Recovery Plant and Co-Generation Power Plant: Land and site development | 8.50 |
| 2 | Building | 9.03 |
| 3 | Plant & Machinery | 74.16 |
| 4 | Misc. Fixed Assets | 21.98 |
| 5 | Other Fixed Assets | 0.50 |
| 6 | Preliminary/ pre-operative Expenses (including issue Expenses of Rs. 105.00 Lacs) | 11.50 |
| 7 | Contingencies | 5.28 |
| 8 | Working Capital Margin | 4.53 |
| 9 | General Corporate Purposes | 1.18 |
| 10 | Additional Issue Expenses | 1.30 |
| Total | 137.97 |
About Ruchira Papers IPO
Incorporated on December 8, 1980 Ruchira Papers Limited is an India-based company engaged in the manufacturing of Kraft Paper. The Company uses agro wastes like wheat straw, bagasse and sarkanda as the main raw materials. Along with these wastes, some quantities of hessian rags and waste paper are also used depending upon requirement of paper to be manufactured. The Company's factory is located at Village Kala-Amb of District Sirmaur in Himachal Pradesh. It has a production capacity of 52,800 tons per annum (TPA).+ Read More
Contact Details
Ruchira Papers Ltd. AddressRuchira Papers LimitedTrilokpur RoadKala-AmbSirmaur, Himachal Pradesh, 173030+91-1702-238654ipo@ruchirapapers.comVisit Website