Fixed Price IPO | ₹7 Cr | Listed at BSE SME | Tue, Apr 23, 2019 - Fri, Apr 26, 2019
G.K.P.Printing IPO is a fixed price issue of ₹6.58 crores. The issue is entirely a fresh issue of 0.21 crore shares of ₹6.58 crore.
G.K.P.Printing IPO bidding started from Apr 23, 2019 and ended on Apr 26, 2019. The allotment for G.K.P.Printing IPO was finalized on May 3, 2019. The shares got listed on BSE SME on May 8, 2019.
G.K.P.Printing IPO price is ₹32 per share. The lot size for an application is 4,000. The minimum amount of investment required by an individual investor (retail) is ₹1,28,000 (4000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (8,000 shares), amounting to ₹2,56,000.
Holani Consultants Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Maverick Share Brokers Pvt.Ltd..
Refer to G.K.P.Printing IPO RHP for detailed Information.
IPO Open
Tue, Apr 23, 2019
IPO Close
Fri, Apr 26, 2019
Issue Price
₹32 per share
Market Cap (Pre-IPO)
₹23.47 Cr
| IPO Date | 23 to 26 Apr, 2019 |
| Listed on | Wed, May 8, 2019 |
| Face Value | ₹10 per share |
| Issue Price | ₹32 per share |
| Lot Size | 4,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 20,56,000 shares (agg. up to ₹7 Cr) |
| Reserved for Market Maker | 1,04,000 shares Maverick Share Brokers Pvt.Ltd. (agg. up to ₹0.3328 Cr) |
| Fresh Issue (Ex Market Maker) | 19,52,000 shares (agg. up to ₹6 Cr) |
| Net Offered to Public | 19,52,000 shares (agg. up to ₹6 Cr) |
| Share Holding Pre Issue | 52,76,944 shares |
| Share Holding Post Issue | 73,32,944 shares |
| BSE Script Code | 542666 |
| ISIN | INE05QJ01015 |
G.K.P.Printing IPO comprises a total issue size of 20,56,000 shares. The net offer to the public is 19,52,000 shares, after excluding 1,04,000 shares allotted on a firm basis. Of the Net offer 9,76,000 (50.00%) allocated to NII 9,76,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 9,76,000 | 50.00% | 47.47% |
| Retail Shares Offered | 9,76,000 | 50.00% | 47.47% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,04,000 | 5.06% | |
| Total Shares Offered | 20,56,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 4,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹1,28,000 |
| Retail (Max) | 1 | 4,000 | ₹1,28,000 |
| HNI (Min) | 2 | 8,000 | ₹2,56,000 |
Incorporated in April 2018, G. K. P. Printing & Packaging Limited (GKPL) is Mumbai, Maharashtra based company engaged in the business of the manufacturing of corrugated boxes. GKPL is also engaged in the trading of Kraft paper, Duplex paper and Low - Density Plastic Rolls (LD Rolls).
The revenue of the company for the period ending December 2018 came from manufacturing (63.08%) and trading (36.17%). Top 2 customers of the company (Shri Shyam Packaging and Spectra International Ltd) contributes 72% of the revenue.
Company manufacture corrugated boxes such as master cartons, mono cartons, Honeycomb partition boxes, Die cut self-locking boxes, storage bins, adjustable depth book flap, Ring flap boxes, and unit cartons. Kraft paper and Duplex papers are the primary raw material in corrugated boxes manufacturing.
Company has its manufacturing unit at Palghar near Mumbai. Company has also set up a new manufacturing facility which is located at Vapi, Gujarat. Company has combined manufacturing capacity of 7200 MT. Company has 10 employees and 20 skilled and semi-skilled labor.
| 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 | Working Capital Requirement | 4.41 |
| 2 | General corporate purposes | 1.47 |
| 3 | Issue Expenses | 0.70 |
The GKP Printing IPO is subscribed 1.56 times on April 26, 2019 6:49:03 PM (Day 4). The public issue subscribed 1.56 times in the retail category, [.] times in the QIB category, and 1.57 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 1.57 | 9,76,000 | 15,28,000 |
| Retail | 1.56 | 9,76,000 | 15,20,000 |
| Total | 1.56 | 19,52,000 | 30,48,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to the Lead Manager (excluding Underwriting Commission) | 0.35 |
| 2 | Brokerage, Selling Commission & Upload fees | 0.05 |
| 3 | Advertising and Marketing Expenses | 0.04 |
| 4 | Fees payable to the legal advisors | 0.03 |
| 5 | Fees payable to the Registrar to the Issue | 0.01 |
| 6 | Fees payable to the Regulators including Stock exchanges | 0.17 |
| 7 | Brokerage and Selling Commission payable to Syndicate | 0.01 |
| 8 | Brokerage and Selling Commission payable to Registered Brokers | 0.01 |
| 9 | Processing Fees to SCBs for ASBA applications procured by the members of the syndicate or registered brokers and submitted with the SCSBs | 0.02 |
| 10 | Others (Bankers to the Issue, Auditor Fees, etc.) | 0.02 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹32.00 |
| Open | ₹34.20 |
| Low | ₹33.00 |
| High | ₹35.90 |
| Last Trade | ₹35.00 |
Lead Manager Reports
G.K.P.Printing IPO is a SME IPO of 20,56,000 equity shares of the face value of ₹10 aggregating up to ₹7 Crores. The issue is priced at ₹32 per share. The minimum order quantity is 4000.
The IPO opens on Tue, Apr 23, 2019, and closes on Fri, Apr 26, 2019.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in G.K.P.Printing IPO using UPI as a payment gateway. Zerodha customers can apply in G.K.P.Printing IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in G.K.P.Printing IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The G.K.P.Printing IPO opens on Tue, Apr 23, 2019 and closes on Fri, Apr 26, 2019.
G.K.P.Printing IPO lot size is 4000, and the minimum amount required for application is ₹1,28,000.
You can apply in G.K.P.Printing 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 G.K.P.Printing IPO will be done on Friday, May 3, 2019, and the allotted shares will be credited to your demat account by Tue, May 7, 2019. Check the G.K.P.Printing IPO allotment status.
The G.K.P.Printing IPO listing date is on Wed, May 8, 2019.
