Business description – Rajshree Polypack is one of the leaders in manufacturing of rigid plastic sheets and thermoformed packaging products. The company manufactures customized plastic thermoformed packaging products which are tailored to the client’s requirements. Its product portfolio ranges from yoghurt & ice cream containers, food packing, QSRs, coffee cups, bakery products and confectioneries, beverage cups & containers, generic bowls, punnets & trays for fruits and vegetable packing, lids etc. Rajshree Polypack also has a wide range of sizes and designs to meet the customers’ need.
The company has an annual capacity of over 10,000 MT and produces more than 100 products at its three manufacturing facilities which have been equipped with the state of the art machinery. In 2004-05, Rajshree Polypack was one of the early ones to introduce 6-colour printing in dry offset technology in the Indian market. In 2008-09, it introduced alternate decoration technology of shrink sleeving on cups and containers which has grown extensively since then.
Promoters of Rajshree Polypack – Ramswaroop Radheshyam Thard, Naresh Radheshyam Thard and Sajjan N Rungta HUF
| Rajshree Polypack IPO details | |
| Subscription Dates | 10 – 12 September 2018 |
| IPO Price band | INR119 – 121 per share |
| Fresh issue | 2,960,000 shares (INR35.22 – 35.82 crore) |
| Offer for sale | Nil |
| Total IPO size | 2,960,000 shares (INR35.22 – 35.82 crore) |
| Minimum bid (lot size) | 1,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 35% |
| Listing On | NSE SME platform |
Use of funds
- Setting up of Factory Unit IV at Daman
- General Corporate Purpose
- Issue Expenses
| Rajshree Polypack’s financial performance (in INR crore) | ||||||
| FY2014 | FY2015 | FY2016 | FY2017 | FY2018 | ||
| Total revenue | 39.01 | 65.06 | 95.66 | 96.43 | 112.50 | |
| Total expenses | 39.27 | 63.96 | 83.48 | 82.65 | 99.41 | |
| Profit after tax | -0.04 | 0.72 | 7.83 | 8.87 | 9.31 | |
Rajshree Polypack’s Contact Details
Rajshree Polypack Limited
#212, 2nd Floor, Lodha Supremus
Road No. 22, Kishan Nagar
Wagle Estate, Thane (W) – 400604
Phone: +91 22 25818200
Email: [email protected]
Website: www.rajshreepolypack.com
Rajshree Polypack IPO Subscription Details
| Day | Subscription (no. of times) |
| Day 1 | 0.35 |
| Day 2 | 0.94 |
| Day 3 | 4.97 |
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Rajshree Polypack Valuation (For latest FY)
Earnings Per Share (EPS): INR11.67
Price/Earnings (P/E) ratio: 10.19 – 10.36
Return on Net Worth (RONW): 19.82%
Net Asset Value (NAV): INR58.91 per share
Registrar of Rajshree Polypack IPO
Link Intime India Private Limited
C-101, 1st Floor, 247 Park
Lal Bahadur Shastri Marg, Vikhroli (West)
Mumbai – 400 083
Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: [email protected]
Website:Â http://www.linkintime.co.in
Rajshree Polypack IPO Allotment Status
Rajshree Polypack IPO allotment status is now available on Link Intime’s website. Click on this link to get allotment status.
Listing performance of Rajshree Polypack
IPO Opening Date: 10 September 2018
IPO Closing Date: 12 September 2018
Finalisation of Basis of Allotment: 18 September 2018
Initiation of refunds: 19 September 2018
Transfer of shares to demat accounts: 19 September 2018
Listing Date: 24 September 2018
Listing Price on NSE SME: INR111.05 per share (down 7.46% from IPO price)
Closing Price on NSE SME: INR116.60 per share (down 2.83% from IPO price)
