Fixed Price IPO | ₹3 Cr | Listed at BSE SME | Thu, Dec 16, 2021 - Tue, Dec 21, 2021
Clara Industries IPO is a fixed price issue of ₹3.02 crores. The issue is entirely a fresh issue of 0.07 crore shares of ₹3.02 crore.
Clara Industries IPO bidding started from Dec 16, 2021 and ended on Dec 21, 2021. The allotment for Clara Industries IPO was finalized on Dec 24, 2021. The shares got listed on BSE SME on Dec 29, 2021.
Clara Industries IPO price is ₹43 per share. The lot size for an application is 3,000. The minimum amount of investment required by an individual investor (retail) is ₹1,29,000 (3000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (6,000 shares), amounting to ₹2,58,000.
Gretex Corporate Services Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Gretex Share Broking Pvt.Ltd..
Refer to Clara Industries IPO RHP for detailed Information.
IPO Open
Thu, Dec 16, 2021
IPO Close
Tue, Dec 21, 2021
Issue Price
₹43 per share
Market Cap (Pre-IPO)
₹10.67 Cr
| IPO Date | 16 to 21 Dec, 2021 |
| Listed on | Wed, Dec 29, 2021 |
| Face Value | ₹10 per share |
| Issue Price | ₹43 per share |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 7,02,000 shares (agg. up to ₹3 Cr) |
| Reserved for Market Maker | 36,000 shares Gretex Share Broking Pvt.Ltd. (agg. up to ₹0.1548 Cr) |
| Fresh Issue (Ex Market Maker) | 6,66,000 shares (agg. up to ₹3 Cr) |
| Net Offered to Public | 6,66,000 shares (agg. up to ₹3 Cr) |
| Share Holding Pre Issue | 17,78,980 shares |
| Share Holding Post Issue | 24,80,980 shares |
| BSE Script Code | 543435 |
| ISIN | INE0JJS01014 |
Clara Industries IPO comprises a total issue size of 7,02,000 shares. The net offer to the public is 6,66,000 shares, after excluding 36,000 shares allotted on a firm basis. Of the Net offer 3,33,000 (50.00%) allocated to NII 3,33,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 3,33,000 | 50.00% | 47.44% |
| Retail Shares Offered | 3,33,000 | 50.00% | 47.44% |
| Firm Reservations | |||
| Market Maker Shares Offered | 36,000 | 5.13% | |
| Total Shares Offered | 7,02,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 3,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹1,29,000 |
| Retail (Max) | 1 | 3,000 | ₹1,29,000 |
| HNI (Min) | 2 | 6,000 | ₹2,58,000 |
Clara Industries Limited is engaged in providing flexible plastic packaging solutions. The company is known for manufacturing and supplying high-end multilayer plastic bags and multilayer plastic rolls in India. Clara Industries serves varied sectors spanning FMCG, Consumer Product, Hardware Tools, Hospitality, Housekeeping, Pharmaceuticals, Clothing & Hosiery, Edible Oil, Salt, and Sugar industry.
The company's product portfolio includes:
The company primarily sells its products through direct orders from clients based in Rajasthan, Bihar, Uttarakhand, Himachal Pradesh, and Punjab. The company has a manufacturing unit located at Saharanpur, Uttar Pradesh, having a total area of approximately 14,714 sq. ft. In the Year 2021, Clara industries through a Business Transfer Agreement (BTA), acquired a proprietor firm named M/s Clara Petrochemical.
Competitive Strengths:
| 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 Requirements | 2.00 |
| 2 | General Corporate Purposes | 0.64 |
The Clara Industries IPO is subscribed 1.53 times on December 21, 2021 7:52:00 PM (Day 5). The public issue subscribed 1.55 times in the retail category, [.] times in the QIB category, and 1.51 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 1.51 | 3,33,000 | 5,04,000 |
| Retail | 1.55 | 3,33,000 | 5,16,000 |
| Total | 1.53 | 6,66,000 | 10,20,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to the Lead Manager (including underwriting fees) | 0.18 |
| 2 | Market Making Fees | 0.04 |
| 3 | Fees Payable to Registrar | 0.01 |
| 4 | Fees to Legal Advisor | 0.02 |
| 5 | Advertisement Expenses | 0.03 |
| 6 | Fees Payable to Regulators including Stock Exchange | 0.02 |
| 7 | Printing & Distribution Expenses | 0.02 |
| 8 | Marketing & Selling Expenses | 0.05 |
| 9 | Payment to Sponsor Bank | 0.01 |
| 10 | Statutory & Other Reports | 0.01 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹43.00 |
| Open | ₹43.20 |
| Low | ₹43.20 |
| High | ₹45.30 |
| Last Trade | ₹44.00 |
Lead Manager Reports
Clara Industries IPO is a SME IPO of 7,02,000 equity shares of the face value of ₹10 aggregating up to ₹3 Crores. The issue is priced at ₹43 per share. The minimum order quantity is 3000.
The IPO opens on Thu, Dec 16, 2021, and closes on Tue, Dec 21, 2021.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Clara Industries IPO using UPI as a payment gateway. Zerodha customers can apply in Clara Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Clara Industries IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Clara Industries IPO opens on Thu, Dec 16, 2021 and closes on Tue, Dec 21, 2021.
Clara Industries IPO lot size is 3000, and the minimum amount required for application is ₹1,29,000.
You can apply in Clara Industries 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 Clara Industries IPO will be done on Friday, December 24, 2021, and the allotted shares will be credited to your demat account by Tue, Dec 28, 2021. Check the Clara Industries IPO allotment status.
The Clara Industries IPO listing date is on Wed, Dec 29, 2021.
