IPO Issue Details
Issue Price / Price Band₹121 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,000 Shares per Lot
Total Issue Size29,60,000 shares (aggregating up to ₹35.52 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenMon, 10 Sep 2018
Subscription CloseWed, 12 Sep 2018
Anchor AllotmentSun, 09 Sep 2018
Basis of AllotmentTue, 18 Sep 2018
Initiation of RefundsWed, 19 Sep 2018
Credit of Shares to DematWed, 19 Sep 2018
Listing DateMon, 24 Sep 2018
UPI Mandate Deadline2018-09-12
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 1,000 shares
Retail — Max (13 Lots)₹1,573,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 2,000 shares
Net Offer to Public28,12,000 shares (aggregating up to ₹33.74 Cr)
Reserved for Market Maker1,48,000 shares (aggregating up to ₹1.79 Cr)
Pre-IPO Promoter Holding82,74,000 shares
Post-IPO Promoter Holding1,12,34,000 shares
About Rajshree Polypack Ltd.
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
Objects of the Issue
Rajshree Polypack Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Setting up of Factory Unit IV at Daman
36.24
2
2 General corporate purposes
0.64
Shareholding & Lock-in
Pre-IPO Promoter Holding
82,74,000 shares
Post-IPO Promoter Holding
1,12,34,000 shares