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.
| Bidding Dates |
|---|
| 08 Nov 2019 - 13 Nov 2019 |
| Subscription |
|---|
| 5.44x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,30,000 | 1 | 1 | 10000 | 2.0 M | ₹13 | 73.5 % | ₹26.4 M | RHP DOC |
Anuroop Packaging IPO SUBSCRIPTION STATUS
13 Nov '19Anuroop Packaging IPO overall subscription rate was 5.44 times the total available shares
Anuroop Packaging IPO retail subscription rate was 7.05 times in the retail segment
Anuroop Packaging IPO non-institutional investor subscription rate was 3.82 times in the non-institutional investor category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
11 Nov 2019 (Day 2) | 1.19x | 1.7x | - |
13 Nov 2019 (Day 3) | 7.05x | 3.82x | - |
08 Nov 2019 (Day 1) | 0.21x | 0.85x | - |
Anuroop Packaging FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from Operations (Rs in millions) | Cash Flow from Operations (Rs in millions) | Free Cash Flow (Rs in millions) |
| Q1FY20 | 5.6 | 25.6 | -8.2 | -8.2 |
| FY19 | 17.9 | 91.0 | -38.3 | -52.9 |
Anuroop Packaging IPO SUBSCRIPTION STATUS DETAILS
Anuroop Packaging had 2.0 M shares on offer
Anuroop Packaging IPO offer price was ₹13
Anuroop Packaging IPO minimum Investment was ₹130000
Anuroop Packaging IPO issue size was ₹ 26.4 M
Anuroop Packaging had a minimum lot size of 10000 Shares per application
Anuroop Packaging NUMBER OF SHARES ON OFFER
Anuroop Packaging IPO IMPORTANT DATES
| Issue Open Date | 08 Nov 2019 |
| Issue close Date | 13 Nov 2019 |
| Allotment Date | 18 Nov 2022 |
| Refund Date | 20 Nov 2022 |
| Demat Account Credit Date | 20 Nov 2022 |
| Listing Date | 21 Nov 2022 |
| Listing on Exchange(s) | BSE |
| Anuroop Packaging Allotment Status | Exchange |
Anuroop Packaging IPO subscription opened on 08 Nov 2019, and closed on 13 Nov 2019
IPO allotment for Anuroop Packaging was finalized on Friday, 18 Nov 2022
IPO listing for Anuroop Packaging was on BSE on Monday, 21 Nov 2022
Anuroop Packaging IPO LISTING GAINS
| Issue Price (adjusted) | 13.0 |
| Listing Open Price | 13.3 |
| Listing Close Price | 13.9 |
| Listing Gain% | 1.9% |
| Current Gain% | -12.8% |
Anuroop Packaging Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Anuroop Packaging Ltd. | 11.3 | 8.7 | 4.1 | -0.2 | 0.8 | 7.8 | 5.2 | 16.7 | -15.8 | 3.1 | -23.9 | 2.8 | -24.5 |
| Garware Hi-Tech Films Ltd. | 7020.5 | 16310.3 | 42.1 | 2.2 | 7.2 | 12.7 | 11.2 | 2185 | 1 | 338.2 | 2.1 | 166.9 | 19 |
| EPL Ltd. | 235.8 | 7552.4 | 19.5 | -10.5 | 1.5 | 13.6 | 7.9 | 4806.5 | 12.9 | 388.9 | 8.3 | 12.1 | -1.8 |
| AGI Greenpac Ltd. | 717.2 | 4640.1 | 12.8 | 3.2 | 1.7 | 14.6 | 9.9 | 2760.4 | 6 | 351.7 | 9.1 | 56 | 4.1 |
| Polyplex Corporation Ltd. | 1229.6 | 3860 | 24.9 | 1.8 | 0.5 | 1.1 | 0.5 | 7173.4 | 2.8 | 45 | -78.5 | 49.5 | 13.9 |
| Uflex Ltd. | 497 | 3589.3 | 11.3 | 0.1 | 0.2 | 3.9 | 1.4 | 15513 | 2.1 | 317.1 | 122.8 | 43.9 | 122.7 |
Anuroop Packaging INFORMATION ON IPO ISSUE
About Anuroop Packaging
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.
Object of the Issue
- To Meet working capital requirement
Anuroop Packaging - PROMOTERS
| Name |
|---|
| Amarnath Matadin Sharma |
| Akash Amarnath Sharma |
| Akshay Amarnath Sharma |
| Amarnath Sharma HUF |
Anuroop Packaging Lead Manager
Gretex Corporate Services Pvt Ltd
info@gretexgroup.com
Anuroop Packaging Registrar to the Offer
Karvy Fintech Private Limited
einward.ris@karvy.com
Anuroop Packaging Strengths
Management and Employee Expertise
Akash Amarnath Sharma, Managing Director of the Company has an overall experience of over 4 years in the Corrugated box industry. The company believes that the qualified and experienced senior management team has substantially contributed to the growth of business operations and their industry knowledge and understanding gives the competitive advantage,enabling to expand geographical and customer presence in existing as well as target markets
Semi-automated units
The manufacturing facility at which the company operates is a semi-automated unit and the manufacturing process is managed through automatic machines and experienced manpower.
Anuroop Packaging Risks
Outstanding legal proceedings
There are outstanding legal proceedings involving the Company, Promoters, Directors and Group Companies.
Discrepancies/errors noticed in some corporate records
There are certain discrepancies/errors noticed in some corporate records relating to forms filed with the Registrar of Companies and other provisions of the Companies Act, 1956/2013. Any penalty or action taken by any regulatory authorizes in the future for non-compliance with provisions of corporate and other laws could impact the financial position of the Company to that extent
IPO FAQs
This IPO consists of an offer for sale of up to Rs 2.2 crore, of 1,700,000 shares. It also consists of a fresh issue of Rs 0.4 crore.
The promoters of the company are Amarnath Matadin Sharma, Akash Amarnath Sharma, Akshay Amarnath Sharma and Amarnath Sharma HUF.
The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
The price band of the IPO is Rs 13.0 - 13.0.
The IPO application opens on Nov 08, 2019 and closes on Nov 13, 2019.
The minimum lot size for the IPO is 10000. The maximum lot size for the IPO is 10000.
For all category investors, the minimum application amount for this IPO is Rs. 130,000.0, the maximum value for this IPO is Rs 130,000.0.
This IPO will be allotted on Nov 18, 2022.
The refund will be credited to your account on Nov 20, 2022.
The allotted shares will be credited to your demat on Nov 20, 2022.
Anuroop Packaging Ltd.’s shares listed on the stock exchanges on Nov 21, 2022.