Essen Speciality IPO description – Incorporated in 2002, Essen Speciality Films is a manufacturer and exporter of specialized plastic products in the home improvement and home furnishing industry, to renowned multinational modern trade retailers, such as IKEA, Walmart, Kmart, Bed Bath & Beyond, Rusta, Runsven, Kohl’s, Kroger, etc.
The company’s product portfolio can broadly be classified into seven categories, namely, bath area, kitchen & dining, home décor, storage and organization, fitness and lifestyle, outdoor and utility, and customized products, which include plastic films, Spa slippers, Baby shower caps, green-house gutter sheet, etc. The company markets and sells its products predominantly under three brands: ‘Draperi’ for shower curtains, ‘Runner’ for shelf liners, and ‘Paperi’ for 88 artificial plants and placemats.
Essen Speciality Films supplies the products to 24 countries, including China, Saudi Arabia, the United States of America, Qatar, United Kingdom, Germany, Italy, Canada, Romania, Denmark, Poland, New Zealand, United Arab Emirates, Spain, Austria, France, Australia, Kuwait, Belgium, Austria, Sweden and, Mexico.
The company also markets and sells its products in India and its domestic sales for the nine-month period ended 31 December 2022 and FY 2022, 2021, and 2020, constituted 19.70%, 16.87%, 7.03%% and 4.83% of its total sales, respectively.
Promoters of Essen Speciality – Pallav Kishorbhai Doshi and Khushboo Chandrakant Doshi
Table of Contents
Essen Speciality IPO Details
| Essen Speciality IPO Dates | 23 – 27 June 2023 |
| Essen Speciality IPO Price | INR 101 – 107 per share |
| Fresh issue | 46,99,200 shares (INR 47.46 – 50.28 crores) |
| Offer For Sale | 15,00,000 shares (INR 15.15 – 16.05 crores) |
| Total IPO size | 61,99,200 shares (INR 62.61 – 66.33 crores) |
| Minimum bid (lot size) | 1,200 shares (INR 128,400) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE SME |
Essen Speciality Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 |
| Revenue | 95.78 | 117.44 | 118.61 |
| Expenses | 84.45 | 111.70 | 106.16 |
| Net income | 9.14 | 5.17 | 13.37 |
Essen Speciality Offer News
- Essen Speciality Films RHP
- Essen Speciality Films Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Essen Speciality Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 5.71 | 3.23 | 8.36 |
| PE ratio | – | – | 12.08 – 12.80 |
| RONW (%) | 13.62 | 7.15 | 15.62 |
| NAV | 670.78 | 45.15 | 53.51 |
| ROCE (%) | 11.08 | 5.27 | 14.62 |
| EBITDA (%) | 20.36 | 11.52 | 17.44 |
| Debt/Equity | 0.23 | 0.36 | 0.08 |
Essen Speciality IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 5 July 2023 | 52 | – | 55,000 |
| 4 July 2023 | 50 | – | 52,000 |
| 3 July 2023 | 50 | – | 52,000 |
| 1 July 2023 | 50 | – | 55,000 |
| 30 June 2023 | 55 | – | 55,000 |
| 26 June 2023 | 45 | – | 40,000 |
| 24 June 2023 | 45 | – | 35,000 |
| 23 June 2023 | 40 | – | 30,000 |
| 22 June 2023 | 40 | – | 30,000 |
| 21 June 2023 | 40 | – | – |
| 20 June 2023 | 42 | – | – |
| 19 June 2023 | 30 | – | – |
Essen Speciality IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 1,177,200 | 1,195,200 | 2,061,600 | 4,434,000 |
| 27 Jun 2023 | 45.26 | 83.29 | 67.98 | 66.08 |
| 26 Jun 2023 | 7.11 | 6.63 | 23.03 | 14.38 |
| 23 Jun 2023 | 5.26 | 0.86 | 3.99 | 3.48 |
Essen Speciality IPO Allotment Status
Essen Speciality Films IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Essen Speciality IPO Dates & Listing Performance
| IPO Opening Date | 23 June 2023 |
| IPO Closing Date | 27 June 2023 |
| Finalization of Basis of Allotment | 3 July 2023 |
| Initiation of refunds | 4 July 2023 |
| Transfer of shares to demat accounts | 5 July 2023 |
| IPO Listing Date | 6 July 2023 |
| Opening Price on NSE SME | INR 140 per share (up 30.84%) |
| Closing Price on NSE SME | INR 147 per share (up 37.38%) |
Essen Speciality Offer Lead Manager
GYR CAPITAL ADVISORS PRIVATE LIMITED
428, Gala Empire, Near JB Tower,
Drive in Road, Thaltej
Ahmedabad-380 054, Gujarat, India
Phone:+91 8777564648
Email:Â [email protected]
Website:Â www.gyrcapitaladvisors.com
Essen Speciality Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
Office No. 56-2, 6th Floor,
Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East,
Mumbai – 400 093
Phone:Â +91 22 6263 8200
Email:Â Â [email protected]
Website:Â www.bigshareonline.com
Essen Speciality Films Contact Details
ESSEN SPECIALITY FILMS LIMITED
Plot No. A, Survey No. 192,
Veraval (Shapar), Rajkot – 360 002, Gujarat
Phone: +91 98253 12701
E-mail: [email protected]
Website: www.essenspeciality.com
IPO FAQs
What is Essen Speciality IPO offer size?
Essen Speciality offer size is INR 62.61 – 66.33 crores.
What is the Essen Speciality offer price band?
Essen Speciality public offer price is INR 101 – 107 per share.
What is the lot size of Essen Speciality IPO?
Essen Speciality offer lot size is 1,200 shares.
What is Essen Speciality IPO GMP today?
Essen Speciality IPO GMP today is INR 52 per share.
What is Essen kostak rate today?
Essen Speciality kostak rate today is NA per application.
What is Essen Subject to Sauda rate today?
Essen Speciality Subject to Sauda rate today is INR 55,000 per application.
