IPO Issue Details
Issue Price / Price Band₹32 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size4,000 Shares per Lot
Total Issue Size20,56,000 shares (aggregating up to ₹6.58 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenTue, 23 Apr 2019
Subscription CloseFri, 26 Apr 2019
Anchor AllotmentMon, 22 Apr 2019
Basis of AllotmentFri, 03 May 2019
Initiation of RefundsMon, 06 May 2019
Credit of Shares to DematTue, 07 May 2019
Listing DateWed, 08 May 2019
UPI Mandate Deadline2019-04-26
Application & Investment Details
Retail — Min (1 Lots)₹1,28,000 — 4,000 shares
Retail — Max (13 Lots)₹1,664,000 (13 Lots)
HNI — Min (2 Lots)₹2,56,000 — 8,000 shares
Net Offer to Public19,52,000 shares (aggregating up to ₹6.25 Cr)
Reserved for Market Maker1,04,000 shares (aggregating up to ₹0.3328 Cr)
Pre-IPO Promoter Holding52,76,944 shares
Post-IPO Promoter Holding73,32,944 shares
About G.K.P.Printing & Packaging Ltd.
Incorporated in April 2018, G. K. P. Printing & Packaging Limited (GKPL) is Mumbai, Maharashtra based company engaged in the business of the manufacturing of corrugated boxes. GKPL is also engaged in the trading of Kraft paper, Duplex paper and Low - Density Plastic Rolls (LD Rolls).The revenue of the company for the period ending December 2018 came from manufacturing (63.08%) and trading (36.17%). Top 2 customers of the company (Shri Shyam Packaging and Spectra International Ltd) contributes 72% of the revenue.Company manufacture corrugated boxes such as master cartons, mono cartons, Honeycomb partition boxes, Die cut self-locking boxes, storage bins, adjustable depth book flap, Ring flap boxes, and unit cartons. Kraft paper and Duplex papers are the primary raw material in corrugated boxes manufacturing.Company has its manufacturing unit at Palghar near Mumbai. Company has also set up a new manufacturing facility which is located at Vapi, Gujarat. Company has combined manufacturing capacity of 7200 MT. Company has 10 employees and 20 skilled and semi-skilled labor.
Objects of the Issue
G.K.P.Printing & Packaging Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Working Capital Requirement
4.41
2
2 General corporate purposes
1.47
Shareholding & Lock-in
Pre-IPO Promoter Holding
52,76,944 shares
Post-IPO Promoter Holding
73,32,944 shares