Issue Price
₹40
Per Share
GMP
NIL
Grey Market
Est. Listing
₹40
Expected Price
Min. Application
₹240,000
2 lots × 3000 shares
Incorporated in 2012, Gujarat based Shubham Polyspin Limited is a company engaged in the manufacturing of Polypropylene Multifilament Yarn of various types including Air-Intermingled yarn, Twisted Yarn & Shubhlon Bag closing yarn.The yarn produced from the company are used in various fields like Geo-Textiles, Filter Cloth, HDPE, In FIBC, PP Bags, Narrow Woven Fabrics (webbings & tapes) etc. All the products are marketed under the Trade Name SHUBLON ™. It sell Its products directly to the end users in India and directly and through merchandise in Overseas.The company's manufacturing facility is located at Mehasana, Gujarat.The company started by selling 100% of its products in the state of Gujarat. However with increased production capacity, it expanded its sales to states like Rajasthan, Madhya Pradesh & Maharashtra. It also started exporting its products to international markets.It has 31 employees on its payroll.
Shubham Polyspin Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 78,000 | — | ₹0.31 Cr | — |
| TOTAL | 1,500,000 | 100.00% | ₹6.00 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹120,000 |
| Retail (Max) | 13 | 39,000 | ₹1,560,000 |
| sNII (Min) | 14 | 42,000 | ₹1,680,000 |
| bNII (Min) | 68 | 204,000 | ₹8,160,000 |
| Particulars | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 |
|---|---|---|---|
| Revenue from Operations | 2827.00 | 1771.19 | 1540.45 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 148.15 | 21.58 | 24.81 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 1783.70 | 2029.45 | 1447.05 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |