Clara Industries Limited IPO

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i. The company is engaged in the business of providing flexible plastic packaging solutions to our clients, we serve varied sectors spanning FMCG, Consumer Products, Hardware Tools, Hospitality, Housekeeping, Pharmaceuticals, Clothing & Hosiery, Edible Oil, Salt, and Sugar.

ii. The Company is known in the industry for manufacturing and supplying of high-end multilayer Plastic bags and multilayer Plastic rolls in India.

iii. In flexible packaging, they manufacture printed films with surface printing as well as reverse printing, films between 51 micron and above as mandate by government laws and also laminates in two-, three- and four-layer structure. They also manufacture standing pouches, side gazette pouches, Press & lock pouches and other pouches as per customer’s requirement.

iv. They manufacture plastic bangles which sells mostly during the festive time like Diwali and Karva Chauth whereas demand for peanuts tend to increase during the period September to January

Their product range includes;
a. Packaging Films.
b. Flexible Packaging.
c. Horticulture Bags.
d. HDPE Bottles.
e. Plastic Matts.
f. Printed and non-printed Plastic Sheets.
g. Plastic Bangles.

Competitive Strengths
i. Expanded Product portfolio
ii. Location Advantage
iii. Diversified customer base
iv. Product Quality

Objects of the Clara Industries Limited IPO:

The Issue includes a fresh Issue of 7,02,000 Equity Shares of the Company at an Issue Price of ₹43.00 per Equity Share. The Company intends to utilize the Net Fresh Issue Proceeds for the following Objects (“Objects of the Issue”): a) To Meet Working Capital Requirements b) General Corporate Purposes
DRHP of Clara Industries Limited IPO

Clara Industries Limited IPO Details:

Open Date: Dec 16 2021
Close Date: Dec 21 2021
Total Shares: 702,000
Face Value: ₹ 10 Per Equity Share
Issue Type: Fixed Price Issue
Issue Size: 3.02 Cr.
Lot Size: 3000 Shares
Issue Price: ₹ 43 Per Equity Share
Listing At: BSE SME

Promoters And Management:

i. Ms. Parry Kukreja, aged 38 years, is the Promoter and Managing Director of the Company. She has Honours Degree in Bachelor in Commerce and Advanced Diploma Certificate in Web-Centric Computing from NIIT in the year 2004. Prior to Business Transfer Agreement she was the sole Proprietor of Clara Petrochemicals. She is a self-driven individual who believes in teamwork. She is a dynamic leader with more than 13 years of experience in the business of Flexible packaging and its manufacturing, marketing, sales and allied services. She has expertise in forming Business Strategies and ensures timely implementation of the same. As a leader, she always delivers value to the customers and endeavour in fulfilling / exceeding their expectations. ii. Mr. Nikhil Kukreja, aged 39 years, is the Promoter, Executive Director and Chief Financial Officer of the Company. He has completed Senior School Certificate Examination from Asha Modern School, Saharanpur in the year 2000. He is an Innovative thinker with Broad Based Expertise of more than 13 years across sectors in operations, finance, project management, sales manager and business development. He has proven ability to quickly analyse key business drivers and develop strategies to grow the bottomline. He is a high integrity energetic leader known for ability to envision and create successful outcomes in complex situations. iii. Ms. Priyanka Mediratta, aged 41 years, is the Non-Executive Director of the Company. She has completed her Honours in Bachelor in Commerce and Diploma in Fashion Designing. She has more than 7 years of experience in Marketing, Sales, Brand Management, and Client Negotiation.

Financials of Clara Industries Limited IPO:

Particulars (in Lakhs) March-21
Revenue 63
Cost of operation 59.42
Change in inventories -42.58
Employee benefits expense 0.15
Other Expense 3.27
Operating profit 42.48
OPM % 68%
Finance Cost 1.61
Depriciation 0.21
Profit Before tax 40.67
Profit After Tax 30

Lead Manager of Clara Industries Limited IPO:

  1. Gretex Corporate Services Private Limited

Registrar of Clara Industries Limited IPO:

  1. Bigshare Services Private Limited

Company Address:

Clara Industries Limited 127/1 Gram Simbhalka Junardar Paragna, Tehsil and District Saharanpur- 247001, Uttar Pradesh, India Phone: +91- 81718 84399 Email: info@clara.co.in Website: http://clara.co.in/

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