Rajshree Polypack Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 1,405,000 (47%) | — | ₹1,700 Cr |
| NII (HNI) | — | 422,000 (14%) | — | ₹511 Cr |
| Retail | — | 985,000 (33%) | — | ₹1,192 Cr |
| Market Maker | — | 148,000 (5%) | — | ₹18 Cr |
| Σ Total | — | 2,960,000 (100%) | — | ₹35,816 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 | 1,000 | ₹121,000 |
| Retail (Max) | 13 | 13,000 | ₹1,573,000 |
| S-HNI (Min) | 14 | 14,000 | ₹1,694,000 |
| B-HNI (Min) | 67 | 67,000 | ₹8,107,000 |
Financial Statements Amount in Lakhs
| Metric | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 |
|---|---|---|---|
| Revenue | 11,250 | 9,643 | 9,566 |
| Profit After Tax | 931 | 887 | 155 |
| Total Assets | 8,657 | 8,158 | 7,610 |
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 Setting up of Factory Unit IV at Daman – 36.24
- 2 General corporate purposes – 0.64
Company Overview
Incorporated in 2003, Thane-based Rajshree Polypack Limited is a company engaged in the business of plastic packing products. It is one of the leaders in the manufacturing of rigid plastic sheets and thermoformed packaging products (source: Care Advisory Report, July 2018).
Rajshree's products range from yogurt & ice cream containers, beverage cups & containers, food packing, bakery products and confectioneries, coffee cups, QSRs, generic bowls, punnets & trays for fruits and vegetable packing, lids etc.
The company's manufacturing facility is located at Daman and has an annual capacity of over 10,000 MT.
Rajshree Polypack's revenue from operations grew at a CAGR of 19.97% for the last four (4) Fiscals.
The net profit of the company grew at a CAGR of 134.66% and EBITDA by 33.05% for the last 4 fiscals.
The company has 418 employees on its payroll.
Competitive Strengths-
1. Consistent financial performance
2. Leading name in the manufacturing of rigid plastic sheets and thermoformed packaging
3. Competitive edge due to the locational advantage of its manufacturing facility