IPO Issue Details
Issue Price / Price Band₹13 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size10,000 Shares per Lot
Total Issue Size20,30,000 shares (aggregating up to ₹2.64 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenFri, 08 Nov 2019
Subscription CloseWed, 13 Nov 2019
Anchor AllotmentThu, 07 Nov 2019
Basis of AllotmentTue, 19 Nov 2019
Initiation of RefundsWed, 20 Nov 2019
Credit of Shares to DematWed, 20 Nov 2019
Listing DateThu, 21 Nov 2019
UPI Mandate Deadline2019-11-13
Application & Investment Details
Retail — Min (1 Lots)₹1,30,000 — 10,000 shares
Retail — Max (13 Lots)₹1,690,000 (13 Lots)
HNI — Min (2 Lots)₹2,60,000 — 20,000 shares
Net Offer to Public19,20,000 shares (aggregating up to ₹2.50 Cr)
Reserved for Market Maker1,10,000 shares (aggregating up to ₹0.1430 Cr)
Pre-IPO Promoter Holding73,31,000 shares
Post-IPO Promoter Holding76,61,000 shares
Fresh Issue Shares2,20,000 shares (aggregating up to ₹0.2860 Cr)
Offer for Sale Shares17,00,000 shares of ₹10 (aggregating up to ₹2.21 Cr)
About Anuroop Packaging Ltd.
Incorporated in 1995, Thane based Anuroop Packaging Ltd (APL) is a manufacturer of the corrugated box (used for packaging). The products offered by the company can be divided into two categories which are corrugated boxes and corrugated sheets/boards.The client segment of the company includes small companies, mid-size companies, corporate clients and many others. Anuroop provides packaging products across various industries such as water treatment, pharmaceutical, metals and stationery. Some of the prominent clients of APL are:Pepe Jeans LondonHimalaya OrganicsMattel Toys IndiaIon exchange IndiaFDC The company also has clients from stationary industries such as A.W. Faber-Castell (India) and Kokuyo Camlin which are industry leaders. Anuroop Packaging has a single semi-automated unit located at Wada, Thane to reduce raw material wastage and manual labour.Apart from manufacturing corrugated box, the company is also engaged in Gum (Turpentine and Dipentene) trading business which was started by APL in 2017-18. Competitive Strengths1. Semi-automated unit2. Good location for raw material and client access3. Large client relationships4. Quality assurance
Objects of the Issue
Anuroop Packaging Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 To Meet working capital requirement
0.33
Shareholding & Lock-in
Pre-IPO Promoter Holding
73,31,000 shares
Post-IPO Promoter Holding
76,61,000 shares