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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 ₹13.00 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). The minimum lot size investment for 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 Date | November 8, 2019 to November 13, 2019 |
| Listing Date | November 21, 2019 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹13 per share |
| Lot Size | 10,000 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 20,30,000 shares (aggregating up to ₹2.64 Cr) |
| Reserved for Market Maker | 1,10,000 shares Gretex Share Broking Pvt.Ltd. (aggregating up to ₹0.1430 Cr) |
| Fresh Issue (Ex Market Maker) | 2,20,000 shares (aggregating up to ₹0.2860 Cr) |
| Offer for Sale | 17,00,000 shares of ₹10 (aggregating up to ₹2.21 Cr) |
| Net Offered to Public | 19,20,000 shares (aggregating up to ₹2.50 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 73,31,000 shares |
| Share Holding Post Issue | 76,61,000 shares |
Anuroop IPO offers total 20,30,000 shares. Out of which 9,60,000 (47.29%) allocated to NII, 9,60,000 (47.29%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,10,000 (5.42%) |
| NII (HNI) Shares Offered | 9,60,000 (47.29%) |
| Retail Shares Offered | 9,60,000 (47.29%) |
| Total Shares Offered | 20,30,000 (100.00%) |
Anuroop Packaging IPO opens on November 8, 2019, and closes on November 13, 2019.
| IPO Open Date | Fri, Nov 8, 2019 |
| IPO Close Date | Wed, Nov 13, 2019 |
| Tentative Listing Date | Thu, Nov 21, 2019 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, Nov 13, 2019 |
Investors can bid for a minimum of 10,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| 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 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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.
| Particulars | For the year/period ended (in Rs. Lakhs) | |||
|---|---|---|---|---|
| 31-Mar-19 | 31-Mar-18 | 31-Mar-17 | ||
| Total Assets | 1,370.91 | 584.36 | 372.26 | |
| Total Revenue | 667.61 | 396.51 | 258.38 | |
| Profit After Tax | 136.94 | 72.82 | 3.40 | |
The Company Anuroop Packaging IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | To Meet working capital requirement | 0.33 |
[Dilip Davda] APL's current performance with super earnings in pre-IPO and IPO year makes this offer lucrative based on EPS and P/E parameters. However, the sustainability of such performance going forward is a major concern. As the packaging sector is gaining investors fancy, investors may consider investment for the long term. Read detail review...
| Listing Date | November 21, 2019 |
| BSE Script Code | 542865 |
| NSE Symbol | |
| ISIN | INE490Z01012 |
| Final Issue Price | ₹13 per share |
| BSE Listing Group | MT |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹13.00 |
| Open | ₹13.25 |
| Low | ₹13.25 |
| High | ₹13.91 |
| Last Trade | ₹13.91 |
Anuroop Packaging Ltd.
Ambiste (BK),
Post Khani Tal Wada,
Thane, Maharashtra, 421303
Phone: 022 49240183
Email: info@anurooppackaging.com
Website: http://anurooppackaging.com/
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: anuroop.ipo@karvy.com
Website: https://ipostatus.kfintech.com/
Anuroop Packaging IPO is a SME IPO of 20,30,000 equity shares of the face value of ₹10 aggregating up to ₹2.64 Crores. The issue is priced at ₹13 per share. The minimum order quantity is 10000.
The IPO opens on November 8, 2019, and closes on November 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 November 8, 2019 and closes on November 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 Thursday, November 21, 2019.
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