Kamsons Polymers Ltd. has filed its Draft Red Herring Prospectus (DRHP) with the exchange on January 23, 2025 to raise funds through Initial Public Offer (IPO) and is currently under process. This indicates that the DRHP is under review by the exchange.
Kamsons Polymers Ltd. IPO is a Book Build Issue
The equity shares are proposed to be listed on the NSE SME. Hem Securities Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Kamsons Polymers IPO DRHP for more details.
IPO Date | [.] |
Listing Date | [.] |
Face Value | ₹10 per share |
Issue Price Band | [.] to [.] per share |
Lot Size | |
Sale Type | Fresh Capital-cum-Offer for Sale |
Fresh Issue | 49,56,000 shares (aggregating up to ₹[.] Cr) |
Offer for Sale | 12,36,000 shares of ₹10 (aggregating up to ₹[.] Cr) |
Issue Type | Bookbuilding IPO |
Listing At | NSE SME |
Share Holding Pre Issue | 1,85,10,000 shares |
Share Holding Post Issue | 2,34,66,000 shares |
Investor Category | Shares Offered |
---|---|
QIB Shares Offered | Not more than 50% of the Net Issue |
Retail Shares Offered | Not less than 35% of the Offer |
NII Shares Offered | Not less than 15% of the Net Isssue |
Description | Date |
---|---|
Filed with SEBI/Exchange | Thu, Jan 23, 2025 |
Under Process | Thu, Apr 10, 2025 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Established in 1974, Kamsons Polymers Limited, manufactures water-based acrylic emulsions and polyurethane dispersions (PUDs).
The company's products serve as raw materials in various industries, including construction chemicals, paints and coatings, printing inks, packaging, textiles, paper, and leather.
Headquartered in Mumbai, India, Kamsons operates a state-of-the-art manufacturing facility in Ambernath, approximately 60 kilometers from Mumbai. This facility boasts an annual production capacity of 24,000 metric tons for acrylic emulsions and 3,600 metric tons for polyurethane dispersions.
The company's product portfolio includes:
The company is ISO 9001:2015 certified and recognized as a government-recognized export house. The company maintains a strong technical team and a well-equipped laboratory to handle complex technical challenges and drive product development.
The company exports its product to countries such as Australia, New Zealand, Egypt, South Africa, Indonesia, Bangladesh, Vietnam, Nepal, the Middle East, Sri Lanka, Singapore, Thailand, Malaysia, and Fiji Islands. Kamsons Polymers continues to expand its footprint in the international market.
Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
Assets | 157.07 | 133.7 | 99.45 | 88.7 |
Total Income | 157.32 | 283.11 | 235.8 | 277.93 |
Profit After Tax | 13.52 | 23.86 | 17.26 | 17.44 |
Net Worth | 97.28 | 83.75 | 59.89 | 42.63 |
Reserves and Surplus | 97.27 | 83.74 | 59.88 | 42.62 |
Total Borrowing | 4.9 | 8.83 | 6.84 | 6.73 |
Amount in ₹ Crore |
KPI | Values |
---|---|
ROCE | 35.64% |
Debt/Equity | 0.11 |
RoNW | 28.49% |
PAT Margin | 8.57% |
The Company Kamsons Polymers IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
S.No. | Objects of the Issue | Expected Amount (in Million) |
---|---|---|
1 | Funding capital expenditure towards civil construction work in the existing premises of factory | 59.68 |
2 | Funding Capital Expenditure towards installation of additional plant & machinery in the existing premises of the factory | 191.04 |
3 | Funding capital expenditure towards upgradation of lab and installation of additional lab Equipment in the existing premises of factory | |
4 | Funding to meet working capital requirements | |
5 | General Corporate Purpose |
Kamsons Polymers Ltd.
1003 Embassy Chamber 10th Floor, 3rd Road CTS-E/85
859 B-2 Plot No. 5 Opp Simran Plaza
Khar, (West)
Mumbai, Maharashtra, 400052
Phone: +91 22 4202 9999
Email: info@kamsons.com
Website: https://www.kamsons.com/
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: kamsonspoly.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Kamsons Polymers IPO is a SME IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at . The minimum order quantity is .
The Kamsons Polymers IPO open and close dates are not available as of now.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Kamsons Polymers IPO using UPI as a payment gateway. Zerodha customers can apply in Kamsons Polymers IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Kamsons Polymers IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Kamsons Polymers IPO dates are not announced. Please check back again after some time.
Kamsons Polymers IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Kamsons Polymers 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 Kamsons Polymers IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Kamsons Polymers IPO allotment status.
The Kamsons Polymers IPO listing date is not yet announced. The tentative date of Kamsons Polymers IPO listing is [.].
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