Last updated on September 16, 2023
Kahan Packaging IPO description – Kahan Packaging started its operations in the year 2016 and, since then has been in the business of manufacturing and supplying Polypropylene (PP)/Density Polyethylene (HDPE) Woven Fabric- Laminated, HDPE/PP woven sacks, Woven Fabric- UnLaminated, PP Woven Bag, PP Woven Bag with Liner, Printed Laminates for Flexible Packaging, woven polymer-based products of different weight, sizes, and colors as per customer’s specifications. The company offers customized bulk packaging solutions to business-tobusiness (“B2B”) manufacturers catering to different industries such as the pesticides Industry, Cement Industry, Chemical Industry, fertilizer industry, and Food Products Industry.
HDPE/PP are two commonly used materials in the bulk packaging industry due to their benefits which include durability, lightweight, versatility, recyclability, chemical resistance, moisture resistance, cost-effective, and high tear resistance which has a lower carbon footprint during transportation due to its lightweight nature.
Presently, the installed production capacity of Factory-I for woven fabrics is 2,600 Metric Tonnes Per Annum (m.t. p.a.).2 which is located in Asangaon, Maharashtra. Recently, the company has expanded its business set up a new manufacturing unit and installed a Multicolor (up to 8 Colors) Roto-Gravure Printing Machine for flexible packaging and printing processes including polyester, Nylon, BOPP, Foil, low and high-density polyethylene polypro plane and paper with two-sided printing facilities with high-speed hot air dryers with installed production capacity of 500 m.t. p.a.
Promoters of Kahan Packaging – Prashant Jitendra Dholakia and Rohit Jitendra Dholakia
Table of Contents
Kahan Packaging IPO Details
| Kahan Packaging IPO Dates | 6 – 8 Sep 2023 |
| Kahan Packaging Issue Price | INR 80 per share |
| Fresh issue | 7,20,000 shares (INR 5.76 crore) |
| Offer For Sale | NIL |
| Total IPO size | 7,20,000 shares (INR 5.76 crore) |
| Minimum bid (lot size) | 1,600 shares (INR 1,28,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | BSE SME |
Kahan Packaging Financial Performance
| FY 2021 | FY 2022 | FY 2023 | |
| Revenue | 1,211.78 | 1,587.95 | 1,751.79 |
| Expenses | 1,205.44 | 1,566.08 | 1,625.25 |
| Net income | 1.57 | 19.77 | 103.38 |
Kahan Packaging Offer News
- Kahan Packaging RHP
- Kahan Packaging Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Kahan Packaging Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 0.16 | 1.98 | 10.34 |
| PE ratio | – | – | 7.74 |
| RONW (%) | 3.15 | 28.44 | 59.79 |
| NAV | 4.98 | 6.95 | 17.29 |
| ROCE (%) | 11.64 | 10.69 | 19.77 |
| EBITDA (%) | 6.38 | 5.10 | 11.47 |
| Debt/Equity | – | – | – |
Kahan Packaging IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 14 September 2023 | 70 | – | 80,000 |
| 13 September 2023 | 70 | – | 80,000 |
| 12 September 2023 | 70 | – | 80,000 |
| 11 September 2023 | 70 | – | 80,000 |
| 9 September 2023 | 70 | – | 80,000 |
| 8 September 2023 | 70 | – | 80,000 |
| 7 September 2023 | 70 | – | 80,000 |
| 6 September 2023 | 70 | – | 80,000 |
| 5 September 2023 | 60 | – | 70,000 |
Kahan Packaging IPO Subscription – Live Updates
| Category | NII | Retail | Total |
|---|---|---|---|
| Shares Offered | 339,200 | 340,800 | 680,000 |
| 8 Sep 2023 | 417.17 | 1042.37 | 730.50 |
| 7 Sep 2023 | 46.89 | 306.18 | 176.84 |
| 6 Sep 2023 | 14.79 | 95.94 | 55.46 |
Kahan Packaging Offer Lead Manager
HEM SECURITIES LIMITED
904, A Wing, Naman Midtown, Senapati Bapat Marg,
Elphinstone Road, Lower Parel, Mumbai-400013, Maharashtra
Phone: +91- 022- 49060000
Email: [email protected]
Website: www.hemsecurities.com
Kahan Packaging Offer Registrar
PURVA SHAREGISTRY (INDIA) PRIVATE LIMITED
9, Shiv Shakti Industrial Estate, J.R. Boricha Marg, Lower
Parel (East) Mumbai-400011, Maharashtra India
Phone: +91-022-4961-4132, 022-3199-8810
Email: [email protected]
Website: www.purvashare.com
Kahan Packaging Contact Details
KAHAN PACKAGING LIMITED
212, Jhalawar Service Premises, E S Patanwalla Compound,
LBS Marg, Ghatkopar West, Mumbai 400086, Maharashtra
Phone: +91-22-25004605
E-mail: [email protected]
Website: www.kpackltd.com
Kahan Packaging IPO Allotment Status
Kahan Packaging IPO allotment status is now available on Purva Sharegistry’s website. Click on this link to get allotment status.
Kahan Packaging IPO Dates & Listing Performance
| IPO Opening Date | 6 September 2023 |
| IPO Closing Date | 8 September 2023 |
| Finalization of Basis of Allotment | 13 September 2023 |
| Initiation of refunds | 14 September 2023 |
| Transfer of shares to demat accounts | 15 September 2023 |
| IPO Listing Date | 15 September 2023 |
| Opening Price on BSE SME | INR 152 per share (up 90%) |
| Closing Price on BSE SME | INR 159.60 per share (up 99.50%) |
IPO FAQs
What is the Kahan Packaging offer size?
Kahan Packaging offer size is INR 5.76 crores.
What is the Kahan Packaging offer price band?
Kahan Packaging public offer price is INR 80 per share.
What is the lot size of the Kahan Packaging IPO?
Kahan Packaging offer lot size is 1,600 shares.
What is Kahan Packaging IPO GMP today?
Kahan Packaging IPO GMP today is INR 70 per share.
What is the Kahan Packaging kostak rate today?
Kahan Packaging kostak rate today is INR NA per application.
What is Kahan Packaging Subject to Sauda rate today?
Kahan Packaging Subject to Sauda rate today is INR 80,000 per application.
