Business description from prospectus – Incorporated in 1996, Worth Peripherals Limited is engaged in manufacturing of corrugated boxes. We have our registered office and manufacturing facilities situated at Indore, Madhya Pradesh. The manufacturing facility is divided into 2 units, manufacturing of corrugated sheets and boxes is done at Unit II and Unit I is engaged in conversion of corrugated sheets into corrugated boxes.
In recent years, the company has won several awards such as Best Supply Partner- Packaging Material by the Supplier Collaboration Council West- 2014, Certificate of Merit in recognition of our exceptional performance towards consistent and quality supplies of Corrugated Boxes by Parle and Partner to Win Symphony conferred by Hindustan Unilever Limited in recognition of our Innovative Approach & Exemplary Contribution to Symphony.
Promoters of Worth Peripherals – Raminder Singh Chadha, Amarveer Kaur Chadha
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Worth Peripherals IPO details |
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| Subscription Dates | 15 – 19 September 2017 |
| IPO Price band | INR40 – 43 per share |
| Fresh issue | 4,251,000 shares (INR17.00 – 18.28 crore) |
| Offer for sale | Nil |
| Total IPO size | 4,251,000 shares (INR17.00 – 18.28 crore) |
| Minimum bid (lot size) | 3,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge SME platform |
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Worth Peripherals’ financial performance (in INR crore) |
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| FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | ||
| Total revenue | 59.4 | 84.2 | 107.8 | 127.4 | 132.1 | |
| Total expenses | 54.0 | 76.6 | 99.1 | 117.2 | 120.5 | |
| Profit after tax | Â 3.5 | 5.2 | 6.0 | 6.5 | 7.3 | |
Worth Peripherals Limited
102, Sanskriti Appt, 44,
Saket Nagar,
Indore, Madhya Pradesh- 452018
Phone: +91 0731 2560 267
Email: [email protected]
Website: www.worthindia.com
| Day |
Subscription (no. of times) |
| Day 1 | 0.83 |
| Day 2 | 2.62 |
| Day 3 | 45.61 |
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Earnings Per Share (EPS): INR6.36
Price/Earnings (P/E) ratio: 6.28 – 6.76
Return on Net Worth (RONW): 17.99%
Net Asset Value (NAV): INR35.36 per share
Bigshare Services Private LimitedÂ
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E),
Mumbai – 400 072
Phone:Â +91 22Â 4043 0200Â
Fax:Â +91 22Â 2847Â 5201
Email:Â [email protected]
Website:Â www.bigshareonline.com
Worth Peripherals IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
IPO Opening Date: 15 September 2017
IPO Closing Date: 19 September 2017
Finalisation of Basis of Allotment: 22 September 2017
Initiation of refunds: 26 September 2017
Transfer of shares to demat accounts: 26 September 2017
Listing Date: 27 September 2017
Listing Price on NSE SME: INR51.6 per share (up 20% from IPO price)
Closing Price on NSE SME: INR51.6 per share (up 20% from IPO price)
I feel that this sme issue is proved to be a attractive one among other sme issue.The listing prise will be around 48-49.we hope so.
I think as per ipo subscribe may be listing around 52 to 55 lets see.
But upper ceiling is Rs.51.60.