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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 ₹32.00 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). The minimum lot size investment for 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 Date | April 23, 2019 to April 26, 2019 |
| Listing Date | May 8, 2019 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹32 per share |
| Lot Size | 4,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 20,56,000 shares (aggregating up to ₹6.58 Cr) |
| Reserved for Market Maker | 1,04,000 shares Maverick Share Brokers Pvt.Ltd. (aggregating up to ₹0.3328 Cr) |
| Net Offered to Public | 19,52,000 shares (aggregating up to ₹6.25 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 52,76,944 shares |
| Share Holding Post Issue | 73,32,944 shares |
GKP Printing IPO offers total 20,56,000 shares. Out of which 9,76,000 (47.47%) allocated to NII, 9,76,000 (47.47%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,04,000 (5.06%) |
| NII (HNI) Shares Offered | 9,76,000 (47.47%) |
| Retail Shares Offered | 9,76,000 (47.47%) |
| Total Shares Offered | 20,56,000 (100.00%) |
G.K.P.Printing IPO opens on April 23, 2019, and closes on April 26, 2019.
| IPO Open Date | Tue, Apr 23, 2019 |
| IPO Close Date | Fri, Apr 26, 2019 |
| Tentative Allotment | Fri, May 3, 2019 |
| Initiation of Refunds | Mon, May 6, 2019 |
| Credit of Shares to Demat | Tue, May 7, 2019 |
| Tentative Listing Date | Wed, May 8, 2019 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Apr 26, 2019 |
Investors can bid for a minimum of 4,000 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 | 4,000 | ₹1,28,000 |
| Retail (Max) | 1 | 4,000 | ₹1,28,000 |
| HNI (Min) | 2 | 8,000 | ₹2,56,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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.
| Particulars | For the year/period ended (in Rs. Lakhs) | ||||
|---|---|---|---|---|---|
| 31-Dec-18 | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 | ||
| Total Assets | 1,501.08 | 1,021.69 | 635.22 | 346.13 | |
| Total Revenue | 1,923.20 | 1,408.27 | 575.18 | 513.48 | |
| Profit After Tax | 275.61 | 54.71 | 24.95 | 25.12 | |
The Company G.K.P.Printing 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 | Working Capital Requirement | 4.41 |
| 2 | General corporate purposes | 1.47 |
| 3 | Issue Expenses | 0.70 |
[Dilip Davda] <p>Although GKP has posted growth in top and bottom lines for the past three years plus financial performance, the sudden jump in the top and bottom line raises concern. It is issuing shares at the same price based on pre-IPO placements. Printing and packaging industry is poised for better prospects ahead. Considering these aspects, risk savvy cash surplus investors may consider investment for long term at their own risk.</p> Read detail review...
| Listing Date | May 8, 2019 |
| BSE Script Code | 542666 |
| NSE Symbol | |
| ISIN | INE05QJ01015 |
| Final Issue Price | ₹32 per share |
| BSE Listing Group | MT |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹32.00 |
| Open | ₹34.20 |
| Low | ₹33.00 |
| High | ₹35.90 |
| Last Trade | ₹35.00 |
G.K.P.Printing & Packaging Ltd.
Unit No 14, Amrit Ind Estate,
S. NO. 45, Dhumal Nagar Waliv IP - 12025,
Thane,
Palghar, Maharashtra, 401208
Phone: +91 9920037770
Email: gkpackaging@yahoo.com
Website: http://www.gkpl.in/
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: gkp.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
G.K.P.Printing IPO is a SME IPO of 20,56,000 equity shares of the face value of ₹10 aggregating up to ₹6.58 Crores. The issue is priced at ₹32 per share. The minimum order quantity is 4000.
The IPO opens on April 23, 2019, and closes on April 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 April 23, 2019 and closes on April 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 Tuesday, May 7, 2019. Check the G.K.P.Printing IPO allotment status.
The G.K.P.Printing IPO listing date is on Wednesday, May 8, 2019.
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