Anuroop Packaging Limited IPO
(i) They are a corrugated box manufacturer based out of Wada, Thane. They provide quality fixed packaging products such as corrugated boxes, sheets, boards to clients from various industries such as pharmaceutical, stationery, metals, water treatment, etc.
(ii) The products can be classified into the following categories:
a) Corrugated Boxes.
b) Corrugated Sheets/Boards.
(iii) They cater to a wide variety of industries for corrugated packaging solutions; however, they have a strong grip in catering to clients from the stationery industry where they work with industry leaders such as Kokuyo Camlin, A.W. Faber-Castell (India). Other prominent clients are Himalaya Organics, Ion exchange India, Mattel Toys India, FDC, Pepe Jeans London etc.
(iv) Apart from the manufacturing of corrugated boxes the company is also involved in the trading of Gum (Turpentine and Dipentene).The trading of Gum was stared in the year 2017-2018 but it got the boast in the year 2018-2019.
Objects of the Anuroop Packaging Limited IPO:
Anuroop Packaging Limited IPO Details:
|Open Date:||Nov 08 2019|
|Close Date:||Nov 13 2019|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||Fixed price Issue|
|Issue Size:||2.64 Cr.|
|Lot Size:||10000 Shares|
|Issue Price:||₹ 13 Per Equity Share|
|Listing At:||BSE SME|
|Listing Date:||Nov 21 2019|
Promoters And Management:
Financials of Anuroop Packaging Limited IPO:
|Year||Revenue(Cr)||EBITDA(cr)||EBITDA Margins||PAT||PAT Margins||EPS|
Comparison With Peers:
Recommendation on Anuroop Packaging Limited IPO:
Lead Manager of Anuroop Packaging Limited IPO:
Registrar of Anuroop Packaging Limited IPO:
Bid Details of Anuroop Packaging Limited IPO as on
13 Nov 2019 | 11:35:00 PM
|Category||No.of shares offered||No. of shares bid|
Discussion on Anuroop Packaging Limited IPO:
On first instance looks an avoid. SME IPO coming with OFS is a strict no. Promoters want money. If SME doesn’t need money then why to come up with such an IPO.
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