Fixed Price IPO | ₹3 Cr | Listed at BSE SME | Fri, Nov 8, 2019 - Wed, Nov 13, 2019
Anuroop Packaging IPO is a fixed price issue of ₹2.64 crores. The issue is a combination of fresh issue of 0.03 crore shares aggregating to ₹0.4290 crores and offer for sale of 0.17 crore shares aggregating to ₹2.21 crores.
Anuroop Packaging IPO bidding started from Nov 8, 2019 and ended on Nov 13, 2019. The shares got listed on BSE SME on Nov 21, 2019.
Anuroop Packaging IPO price is ₹13 per share. The lot size for an application is 10,000. The minimum amount of investment required by an individual investor (retail) is ₹1,30,000 (10000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (20,000 shares), amounting to ₹2,60,000.
Gretex Corporate Services Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. The Market Maker of the company is Gretex Share Broking Pvt.Ltd..
Refer to Anuroop Packaging IPO RHP for detailed Information.
IPO Open
Fri, Nov 8, 2019
IPO Close
Wed, Nov 13, 2019
Issue Price
₹13 per share
Market Cap (Pre-IPO)
₹9.96 Cr
| IPO Date | 8 to 13 Nov, 2019 |
| Listed on | Thu, Nov 21, 2019 |
| Face Value | ₹10 per share |
| Issue Price | ₹13 per share |
| Lot Size | 10,000 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 20,30,000 shares (agg. up to ₹3 Cr) |
| Reserved for Market Maker | 1,10,000 shares Gretex Share Broking Pvt.Ltd. (agg. up to ₹0.1430 Cr) |
| Fresh Issue (Ex Market Maker) | 2,20,000 shares (agg. up to ₹0.2860 Cr) |
| Offer for Sale | 17,00,000 shares of ₹10 (agg. up to ₹2 Cr) |
| Net Offered to Public | 19,20,000 shares (agg. up to ₹2 Cr) |
| Share Holding Pre Issue | 73,31,000 shares |
| Share Holding Post Issue | 76,61,000 shares |
| BSE Script Code | 542865 |
| ISIN | INE490Z01012 |
Anuroop Packaging IPO comprises a total issue size of 20,30,000 shares. The net offer to the public is 19,20,000 shares, after excluding 1,10,000 shares allotted on a firm basis. Of the Net offer 9,60,000 (50.00%) allocated to NII 9,60,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 9,60,000 | 50.00% | 47.29% |
| Retail Shares Offered | 9,60,000 | 50.00% | 47.29% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,10,000 | 5.42% | |
| Total Shares Offered | 20,30,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 10,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 10,000 | ₹1,30,000 |
| Retail (Max) | 1 | 10,000 | ₹1,30,000 |
| HNI (Min) | 2 | 20,000 | ₹2,60,000 |
Incorporated in 1995, Thane based Anuroop Packaging Ltd (APL) is a manufacturer of the corrugated box (used for packaging). The products offered by the company can be divided into two categories which are corrugated boxes and corrugated sheets/boards.
The client segment of the company includes small companies, mid-size companies, corporate clients and many others. Anuroop provides packaging products across various industries such as water treatment, pharmaceutical, metals and stationery. Some of the prominent clients of APL are:
The company also has clients from stationary industries such as A.W. Faber-Castell (India) and Kokuyo Camlin which are industry leaders. Anuroop Packaging has a single semi-automated unit located at Wada, Thane to reduce raw material wastage and manual labour.
Apart from manufacturing corrugated box, the company is also engaged in Gum (Turpentine and Dipentene) trading business which was started by APL in 2017-18.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet working capital requirement | 0.33 |
The Anuroop IPO is subscribed 5.44 times on November 13, 2019 7:50:00 PM (Day 3). The public issue subscribed 7.05 times in the retail category, [.] times in the QIB category, and 3.82 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 3.82 | 9,60,000 | 36,70,000 |
| Retail | 7.05 | 9,60,000 | 67,70,000 |
| Total | 5.44 | 19,20,000 | 1,04,40,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to Merchant Banker including fee and reimbursement of payment to other intermediaries such as Listing, Depository Fees, Legal Advisors, Statutory, Registrars, Marketing & Advertisement, Printing & Distribution, other Miscellaneous expense and out of pocket expenses etc. | 0.61 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹13.00 |
| Open | ₹13.25 |
| Low | ₹13.25 |
| High | ₹13.91 |
| Last Trade | ₹13.91 |
Lead Manager Reports
Anuroop Packaging IPO is a SME IPO of 20,30,000 equity shares of the face value of ₹10 aggregating up to ₹3 Crores. The issue is priced at ₹13 per share. The minimum order quantity is 10000.
The IPO opens on Fri, Nov 8, 2019, and closes on Wed, Nov 13, 2019.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Anuroop Packaging IPO using UPI as a payment gateway. Zerodha customers can apply in Anuroop Packaging IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Anuroop Packaging IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Anuroop Packaging IPO opens on Fri, Nov 8, 2019 and closes on Wed, Nov 13, 2019.
Anuroop Packaging IPO lot size is 10000, and the minimum amount required for application is ₹1,30,000.
You can apply in Anuroop Packaging IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Anuroop Packaging IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Anuroop Packaging IPO allotment status.
The Anuroop Packaging IPO listing date is on Thu, Nov 21, 2019.
