Clara Industries Limited IPO
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.
i. Expanded Product portfolio
ii. Location Advantage
iii. Diversified customer base
iv. Product Quality
Objects of the Clara Industries Limited IPO:
Clara Industries Limited IPO Details:
|Open Date:||Dec 16 2021|
|Close Date:||Dec 21 2021|
|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:
Financials of Clara Industries Limited IPO:
|Particulars (in Lakhs)||March-21|
|Cost of operation||59.42|
|Change in inventories||-42.58|
|Employee benefits expense||0.15|
|Profit Before tax||40.67|
|Profit After Tax||30|