Anuroop Packaging IPO description -Anuroop Packaging is a manufacturer of fixed packaging products such as corrugated boxes, sheets and boards. The manufacturing facility of the company is located at Wada, Thane and comprises of a single semi-automated unit. Its clients are from various industries such as pharmaceutical, stationery, metals, water treatment etc. The company’s prominent clients are:
- Kokuyo Camlin
- A.W. Faber-Castell (India)
- Himalaya Organics
- Ion exchange India
- Mattel Toys India
- Pepe Jeans London
Although manufacturing of corrugated boxes is Anuroop Packaging’s main line of business, it is also involved in the trading of Gum (Turpentine and Dipentene) which was started in the year 2017-2018.
Anuroop Packaging promoters – Mr Amarnath Matadin Sharma, Mr Akash Amarnath Sharma, Mr Akshay Amarnath Sharma and Amarnath Sharma HUF
| Anuroop Packaging – Upcoming IPO details | |
| Subscription Dates | 8 – 13 November 2019 |
| IPO Price band | INR13 per share |
| Fresh issue | 330,000 shares (INR0.43 crore) |
| Offer for sale | 1,700,000 shares (INR2.21 crore) |
| Total IPO size | 2,030,000 shares (INR2.64 crore) |
| Minimum bid (lot size) | 10,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME platform |
Use of funds
- Working Capital Requirements – INR0.33 crore
- Issue Expenses – INR0.10 crore
| Anuroop Packaging’s standalone financial performance (in INR crore) | |||
| Â | FY2017 | FY2018 | FY2019 |
| Total revenue | 2.58 | 3.96 | 6.68 |
| Total expenses | 2.53 | 2.95 | 4.66 |
| Profit after tax | 0.03 | 0.73 | 1.37 |
Anuroop Packaging Contact Detail
Anuroop Packaging LimitedÂ
Ambiste (BK)
Post Khani Tal Wada
Thane -421303, Maharashtra Phone: +91 022 – 49240183
Email: [email protected]
Website:Â www.anurooppackaging.com
Anuroop Packaging IPO Subscription Details
| Day | Subscription (no. of times) |
| Day 1 | 0.50 |
| Day 2 | Â |
| Day 3 | Â |
| Day 4 | Â |
Anuroop Packaging Valuation (For FY2019, consolidated)
Earnings Per Share (EPS): INR3.49
Price/Earnings (P/E) ratio: 3.73
Return on Net Worth (RONW): 18.78%
Net Asset Value (NAV): INR13.01 per share
Registrar of Anuroop Packaging IPO
Karvy Fintech Private Limited
Karvy Selenium Tower B, Plot 31-32,
Gachibowli, Nanakramguda,
Hyderabad – 500 032, Telangana Phone: +91 40 6716 2222Â
Fax:Â +91 40 2343 1551Â
Email:Â [email protected]
Website:Â www.karvycomputershare.com
Anuroop Packaging IPO Allotment Status
Anuroop Packaging IPO allotment status will be available on Karvy website. Click on this link to get allotment status.
Listing performance of Anuroop Packaging
IPO Opening Date: 8 November 2019
IPO Closing Date: 13 November 2019
Listing Date: To be updated
Listing Price on BSE SME: To be updated
Closing Price on BSE SME: To be updated
Pe ratio less than 4…what has stock market turned into!!!