B&B Triplewall IPO Description – B&B Triplewall is engaged in manufacturing of corrugated boxes and corrugated sheets. It has manufacturing facilities situated at Bangalore and Tamilnadu. The manufacturing facility is divided into two units, both the units are engaged in manufacturing of corrugated sheets and boxes. The company mainly caters to packaging industry and has been able to develop a loyal clientele network consisting of various packaging companies and MNC’s. Majority of its revenues are from the state of Karnataka.
The manufacturing facilities are divided into two units. Unit I is located at Bangalore, Karnataka and Unit III is situated at Shoolagiri (Krishnagiri), Tamilnadu. Whereas, Unit II was given on Lease. The company commenced its business operations in the year 2011 in Unit I. Subsequently, business operations were commenced in the year 2015 in Unit III. Its manufacturing facilities are well equipped with required facilities including machinery, conveyor belt, other handling equipments to facilitate smooth manufacturing process. The company endeavours to maintain safety in its premises by adhering to key safety norms.
Promoters of B&B Triplewall – Mr Manish Kumar Gupta, Mr Ravi Agarwal, Mr Alok Agarwal, Mr Manish Bothra, Mr Amit Agarwal, Mr Sidharth Agarwal, Mr Nishant Bothra
| B&B Triplewall IPO details | |
| Subscription Dates | 28 September – 5 October 2018 |
| IPO Price band | INR36 per share |
| Fresh issue | 5,553,000 shares (INR19.99 crore) |
| Offer for sale | Nil |
| Total IPO size | 5,553,000 shares (INR19.99 crore) |
| Minimum bid (lot size) | 3,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | NSE SME platform |
Use of funds
- Working Capital Requirements – INR6 crore
- Repayment of Intercorporate Loans – INR8.3 crore
- General Corporate Purpose – INR4 crore
- Issue Expenses – INR1.69 crore
| B&B Triplewall’s financial performance (in INR crore) | ||||||
| FY2014 | FY2015 | FY2016 | FY2017 | FY2018 | ||
| Total revenue | 31.62 | 45.04 | 101.76 | 101.95 | 166.97 | |
| Total expenses | 30.73 | 42.99 | 97.40 | 100.36 | 161.22 | |
| Profit after tax | 0.67 | 1.28 | 1.93 | 1.66 | 4.57 | |
B&B Triplewall’s Contact Details
B&B Triplewall Containers Limited
Sy. No. 263/2/3, Marsur Madivala
Kasaba Hobli Anekal Taluk
Bangalore – 562106
Phone: +91 80 27827028
Email: [email protected]
Website: www.boxandboard.in
B&B Triplewall IPO Subscription Details
| Day |
Subscription (no. of times) |
| Day 1 | 0.00 |
| Day 2 | 0.05 |
| Day 3 | 0.12 |
| Day 4 | 0.30 |
| Day 5 | 1.04 |
B&B Triplewall Valuation (For FY2018)
Earnings Per Share (EPS): INR12.22
Price/Earnings (P/E) ratio: 2.95
Return on Net Worth (RONW): 19.99%
Net Asset Value (NAV): INR61.13 per share
Registrar of B&B Triplewall IPO
Purva Sharegistry India Private Limited
Unit no. 9, Shiv Shakti Industrial Estate,
JR Boricha Marg, Lower Parel (E)
Mumbai – 400 011
Phone: +91 22 2301 6761
Fax: +91 22 2301 2517
Email:Â [email protected]
Website: www.purvashare.com
B&B Triplewall IPO Allotment Status
B&B Triplewall IPO allotment status is now available on Purva Sharegistry’s website. Click on this link to get allotment status.
Listing performance of B&B Triplewall
IPO Opening Date: 28 September 2018
IPO Closing Date: 5 October 2018
Listing Date: 15 October 2018
Listing Price on NSE SME: INR37.8 per share (up 5% from IPO price)
Closing Price on NSE SME: INR39.5 per share (up 9.72% from IPO price)
