Commercial Syn Bags Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,512,000 (47%) | — | ₹363 Cr |
| Retail | — | 1,512,000 (47%) | — | ₹363 Cr |
| Market Maker | — | 168,000 (5%) | — | ₹4 Cr |
| Σ Total | — | 3,192,000 (100%) | — | ₹7,661 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 | 6,000 | ₹144,000 |
| Retail (Max) | 13 | 78,000 | ₹1,872,000 |
| S-HNI (Min) | 14 | 84,000 | ₹2,016,000 |
| B-HNI (Min) | 67 | 402,000 | ₹9,648,000 |
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 Repayment/ Prepayment of certain borrowings availed by the Company – 4.03
- 2 Working Capital requirements – 3.13
- 3 Issue Expenses – 0.50
Company Overview
Incorporated in 1993, Commercial Syn Bags Limited is engaged in manufacturing of plastic and laminated coated bags. Information in this paragraph is copied from chittorgarh.com.They are one of the leading manufacturer and exporter of FIBC / Big Bag, PP Fabric, PP Woven Bag, BOPP Bags and Tarpaulin in India.
Commercial Syn Bags produce 4-5 million Big Bags annually. Content in this paragraph is copied from chittorgarh.com.Company's product profile includes Builder Bag, FIBC- U-Panel and Circular, Baffle / Q-Bag, Tunnel Bag, Single Loop / Double Loop, UN Bags, Asbestos Bag, PP Container Bag, Bags with Liner Formfit / Bottle shaped, Tabbed, Glued, Box Bag, Polypropylene Woven bags, PP Fabric, Tarpaulin and BOPP Bags.