Clara Industries Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 333,000 (47%) | — | ₹143 Cr |
| Retail | — | 333,000 (47%) | — | ₹143 Cr |
| Market Maker | — | 36,000 (5%) | — | ₹2 Cr |
| Σ Total | — | 702,000 (100%) | — | ₹3,019 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹129,000 |
| Retail (Max) | 13 | 39,000 | ₹1,677,000 |
| S-HNI (Min) | 14 | 42,000 | ₹1,806,000 |
| B-HNI (Min) | 67 | 201,000 | ₹8,643,000 |
Financial Statements Amount in Crore
| Metric | 18-Nov-21 |
|---|---|
| Revenue | 1 |
| Profit After Tax | 0 |
| Total Assets | 5 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 To Meet Working Capital Requirements – 2.00
- 2 General Corporate Purposes – 0.64
Company Overview
Clara Industries Limited is engaged in providing flexible plastic packaging solutions. The company is known for manufacturing and supplying high-end multilayer plastic bags and multilayer plastic rolls in India. Clara Industries serves varied sectors spanning FMCG, Consumer Product, Hardware Tools, Hospitality, Housekeeping, Pharmaceuticals, Clothing & Hosiery, Edible Oil, Salt, and Sugar industry.
The company's product portfolio includes:
- Packaging Films
- Flexible Packaging
- Horticulture Bags
- HDPE Bottles
- Plastic Matts
- Printed and non-printed
- Plastic Sheets
- Plastic Bangles
The company primarily sells its products through direct orders from clients based in Rajasthan, Bihar, Uttarakhand, Himachal Pradesh, and Punjab. The company has a manufacturing unit located at Saharanpur, Uttar Pradesh, having a total area of approximately 14,714 sq. ft. In the Year 2021, Clara industries through a Business Transfer Agreement (BTA), acquired a proprietor firm named M/s Clara Petrochemical.
Competitive Strengths:
- Wide product portfolio
- Location advantage with efficient logistics
- Diversified customer base
- Focus on quality
- semi-automated manufacturing units
- Strong management team and motivated and efficient workforce.
- Engaging atmosphere for employees