Kahan Packaging IPO GMP, Review, Price, Allotment


Last updated on September 16, 2023

Kahan Packaging IPO GMP

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.

Kahan Packaging IPO GMP

Promoters of Kahan Packaging – Prashant Jitendra Dholakia and Rohit Jitendra Dholakia

Kahan Packaging IPO Details

Kahan Packaging IPO Dates6 – 8 Sep 2023
Kahan Packaging Issue PriceINR 80 per share
Fresh issue7,20,000 shares (INR 5.76 crore)
Offer For SaleNIL
Total IPO size7,20,000 shares (INR 5.76 crore)
Minimum bid (lot size)1,600 shares (INR 1,28,000)
Face Value INR 10 per share
Retail Allocation35%
Listing OnBSE SME

Kahan Packaging Financial Performance

 FY 2021FY 2022FY 2023
Net income1.5719.77103.38
Figures in INR Lakhs unless specified otherwise

Kahan Packaging Offer News

Kahan Packaging Valuations & Margins

FY 2021FY 2022FY 2023
PE ratio7.74
RONW (%)3.1528.4459.79
ROCE (%)11.6410.6919.77
EBITDA (%)6.385.1011.47
*Compiled by IPO Central from Prospectus

Kahan Packaging IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
14 September 20237080,000
13 September 20237080,000
12 September 20237080,000
11 September 20237080,000
9 September 20237080,000
8 September 20237080,000
7 September 20237080,000
6 September 20237080,000
5 September 20236070,000

Kahan Packaging IPO Subscription – Live Updates

Shares Offered339,200340,800680,000
8 Sep 2023417.171042.37730.50
7 Sep 202346.89306.18176.84
6 Sep 202314.7995.9455.46

Kahan Packaging Offer Lead Manager

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

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

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 Date6 September 2023
IPO Closing Date8 September 2023
Finalization of Basis of Allotment13 September 2023
Initiation of refunds14 September 2023
Transfer of shares to demat accounts15 September 2023
IPO Listing Date15 September 2023
Opening Price on BSE SMEINR 152 per share (up 90%)
Closing Price on BSE SMEINR 159.60 per share (up 99.50%)


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.


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