Worth Peripherals Limited engaged in manufactures and sell of corrugated boxes. The company offers regular slotted containers, die cut corrugated boxes/trays, multi-colour corrugated boxes and Z sleeve, I/honeycomb partitions. They are ISO 9001:2008 and FSC certified company which serves clients in FMCG sector.
Company’s both manufacturing units are located at Pithampur, Dhar, Indore (MP). It has a fully automated plant that can have multi colour (up to 6 colours) printing. With the growth in the retail, pharma, breweries, textile sectors, the opportunity for growth in packaging industries has increased and thus Company aims to tap these markets for further marketing and supply. Indian packaging industry is currently valued at Rs. 85000 crores and is growing at an annual rate of 15 percent plus. A sector is expected to be triple in next five years.
Worth Peripherals Limited IPO Stock Quote & Charts
- Open: 69.05
- High - Low: 69.05 - 67.15
- Previous Close: 69.10
- Total Traded Volume: 9000
- Updated On: 22-Mar-2019
Objects of the Worth Peripherals Limited IPO:
1. Purchase of Plant and machinery
2. Repayment/Prepayment of certain borrowings availed by the Company
3. Funding the working capital requirements of the Company
4. General corporate purposes.
Worth Peripherals Limited IPO Details:
| Open Date: |
Sep 15 2017 |
| Close Date: |
Sep 19 2017 |
| Total Shares: |
4,251,000 |
| Face Value: |
₹ 10 Per Equity Share |
| Issue Type: |
Book Built Issue IPO |
| Issue Size: |
18.28 Cr. |
| Lot Size: |
3000 Shares |
| Issue Price: |
₹ 40-43 Per Equity Share |
| Listing At: |
NSE Emerge |
| Listing Date: |
Sep 27 2017 |
Discussion on Worth Peripherals Limited IPO:
We would like to inform that pursuant to SEBI (Prohibition of Insider Trading) Regulations. 20l5 the window for trading in the shares of the Company shall remain closed from Friday, 18‘“ May. 2018 to Thursday, 31“ May, 20l8 (both days inclusive) in View (tithe meeting of the Board of Directors of the Company. which is scheduled to be held on Tuesday. 29‘” May. 2018 at 7:00 RM. to consider and approve inter alia the Audited Financial Results along with Auditor Report thereon by the Statutory Auditors. for the halfyear / year ended 3]“ March. 2018,