GKP Printing IPO description – GKP Printing is engaged in the manufacturing of corrugated boxes. The company deals in various types of corrugated boxes such as master cartons, mono cartons, Honey comb partition boxes, Die cut self-locking boxes, storage bins, adjustable depth book flap, Ring flap boxes and unit cartons. The company is also engaged in the trading of Kraft paper, Duplex paper and Low – Density Plastic Rolls (LD Rolls). Kraft paper and Duplex papers are the primary raw material in corrugated boxes manufacturing and their trading provides the benefits of backward integration to the company by enabling it to procure raw material at very competitive prices as compared to other manufacturers of the corrugated boxes. The company is registered with the Ministry of MSME as a manufacturer of corrugated paper containers.
The company has also setup a new manufacturing facility located at Survey No. 397/1/P1, Plot No. 22, Daman Ganga Industrial Park, Vapi, Gujarat – 396193, India which has been made operational from 27 December 2018 onwards.  With the start of this additional manufacturing facility, manufacturing capacity of the company has doubled to 7200 MT.
GKP Printing promoters – Keval Harshad Goradia and Payal Keval Goradia
| GKP Printing – Upcoming IPO details | |
| Subscription Dates | 23 – 26 April 2019 |
| IPO Price band | INR32 per share |
| Fresh issue | 2,056,000 shares (INR6.58 crore) |
| Offer for sale | Nil |
| Total IPO size | 2,056,000 shares (INR6.58 crore) |
| Minimum bid (lot size) | 4,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME platform |
Use of funds
- Working Capital Requirements – INR4.41 crore
- General Corporate Purposes – INR1.47 crore
- Issue Expenses – INR0.70 crore
| GKP Printing’s financial performance (in INR lakh) | ||||||
| FY2016 | FY2017 | FY2018 | 9M FY2019 | |||
| Total revenue | 513.5 | 575.2 | 1,408.3 | 1,923.2 | ||
| Total expenses | 484.7 | 544.4 | 1,334.5 | 1,541.4 | ||
| Profit after tax | 25.1 | 24.9 | 54.7 | 275.6 | ||
GKP Printing Contact Details
GKP Printing & Packaging LimitedÂ
Unit No 14, Amrit Ind Estate, S. NO. 45
Dhumal Nagar Waliv IP – 12025
Palghar Thane – 401208
Phone:Â +91 9920037770
Email: [email protected]
Website:Â www.gkpl.in
GKP Printing IPO Subscription Details
| Day | Subscription (no. of times) |
| Day 1 | 0.07 |
| Day 2 | 0.13 |
| Day 3 | 1.00 |
| Day 4 | 1.56 |
GKP Printing Valuation (as of 31 Dec 2018)
Earnings Per Share (EPS): INR8.21
Price/Earnings (P/E) ratio: 3.90
Return on Net Worth (RONW): 42.48%
Net Asset Value (NAV): INR17.46 per share
Registrar of GKP Printing 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
GKP Printing IPO Allotment Status
GKP Printing IPO allotment status is now available on Link Intime’s website. Click on this link to get allotment status.
Listing performance of GKP Printing
IPO Opening Date:Â 23 April 2019
IPO Closing Date: 26 April 2019
Listing Date: 8 May 2019
Listing Price on BSE SME: INR34.2 per share (up 6.87% from IPO price)
Closing Price on BSE SME: INR35 per share (up 9.37% from IPO price)
