Kshitij Polyline Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,184,000 (47%) | — | ₹414 Cr |
| Retail | — | 1,184,000 (47%) | — | ₹414 Cr |
| Market Maker | — | 132,000 (5%) | — | ₹5 Cr |
| Σ Total | — | 2,500,000 (100%) | — | ₹8,750 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 | 4,000 | ₹140,000 |
| Retail (Max) | 13 | 52,000 | ₹1,820,000 |
| S-HNI (Min) | 14 | 56,000 | ₹1,960,000 |
| B-HNI (Min) | 67 | 268,000 | ₹9,380,000 |
Financial Statements Amount in Lakhs
| Metric | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 |
|---|---|---|---|
| Revenue | 2,743 | 1,701 | 1,557 |
| Profit After Tax | 106 | 28 | 20 |
| Total Assets | 2,477 | 1,719 | 1,483 |
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 purchase of Machinery and Equipment to manufacture the Laminated sheet, Wiro andPP Sheet suitable for stationery and office products – 4.28
- 2 Working Capital Requirement – 3.25
- 3 General Corporate Purpose – 0.77
Company Overview
Incorporated in 2008, Mumbai-based Kshitij Polyline Limited is a company engaged in the business of manufacturing, marketing, and sourcing of Plastic Sheet, Lamination Sheet, Folders, I-cards, and files. The products have a wide application in printing and stationery.
Since its incorporation, the company has developed and launched over 125 products range in File, Folder & Diary under its brands 'Classik', 'LC' and 'Kshitij' in the Indian Market.
The company's Product range can be classified into three broad categories-
1. Stationery through Channel Supply- A B2C model operating under the brand names 'Classik' and 'LC' includes diaries, calendars, files, folders, boxes, tags, etc. It also includes equipment for binding, punching, bar coding, and stitching books.
2. Industrial Supply Laminated Sheets and Wiro- A B2B model operating under the brand name 'Classik', and includes the industrial supply of Laminated sheets, PP sheets, and Wiro. It also includes Binding Combs, Spiral, Calendar Hanger, Slide Binders, OHP Sheets, etc.
3. Exhibitions & Events Supply- Operating under the brand name 'Kshitij', it includes ID Cards, neck len-yards, Printed Files and Folders, and customised industry-specific, card holders, etc. It also includes customized Stationery Products for events, schools, colleges, and Corporates.
Kshitij Polyline has a 36,000 sq ft. manufacturing facility in Silvassa, Dadra & Nagar Haveli with an in-house technical and design team.
The company's product-wise revenue distribution for the year 2018 is-
- Laminated Sheet- 47%
- Stationery- 34%
- Wiro and Spiral-14%
- ID Card-5%
The sales of the company for 2016, 2017 and 2018 were Rs 1,557.24 lakhs, Rs 1,701.03 lakhs, and Rs 2,743.25 lakhs, respectively.
The EBITDA for 2016, 2017 and 2018 were Rs 242.85 lakhs, Rs 252.20 lakhs, and Rs 378.34 lakhs, respectively.
The PAT for 2016, 2017 and 2018 were Rs 19.94 lakhs, Rs 27.78 lakhs and Rs 105.62 lakhs respectively.