Issue Price
₹43
Per Share
GMP
NIL
Grey Market
Est. Listing
₹43
Expected Price
Min. Application
₹258,000
2 lots × 3000 shares
Clara Industries Limited is engaged in providing flexible plastic packaging solutions. The company is known for manufacturing and supplying high-end multilayer plastic bags and multilayer plastic rolls in India. Clara Industries serves varied sectors spanning FMCG, Consumer Product, Hardware Tools, Hospitality, Housekeeping, Pharmaceuticals, Clothing & Hosiery, Edible Oil, Salt, and Sugar industry. The company's product portfolio includes:Packaging FilmsFlexible PackagingHorticulture BagsHDPE BottlesPlastic MattsPrinted and non-printedPlastic SheetsPlastic BanglesThe company primarily sells its products through direct orders from clients based in Rajasthan, Bihar, Uttarakhand, Himachal Pradesh, and Punjab. The company has a manufacturing unit located at Saharanpur, Uttar Pradesh, having a total area of approximately 14,714 sq. ft. In the Year 2021, Clara industries through a Business Transfer Agreement (BTA), acquired a proprietor firm named M/s Clara Petrochemical.Competitive Strengths:Wide product portfolioLocation advantage with efficient logisticsDiversified customer baseFocus on qualitysemi-automated manufacturing unitsStrong management team and motivated and efficient workforce.Engaging atmosphere for employees
Clara Industries Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 36,000 | — | ₹0.15 Cr | — |
| TOTAL | 702,000 | 100.00% | ₹3.02 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹129,000 |
| Retail (Max) | 13 | 39,000 | ₹1,677,000 |
| sNII (Min) | 14 | 42,000 | ₹1,806,000 |
| bNII (Min) | 68 | 204,000 | ₹8,772,000 |
| Particulars | 18-Nov-21 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Revenue from Operations | 0.63 | N/A | N/A |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 0.30 | N/A | N/A |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 4.67 | N/A | N/A |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |