GKP Printing & Packaging was incorporated on April 3, 2018. The company is engaged in the manufacturing of corrugated boxes and deals in various types of 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.
| Bidding Dates |
|---|
| 23 Apr 2019 - 26 Apr 2019 |
| Subscription |
|---|
| 1.56x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,28,000 | 1 | 1 | 4000 | 2.1 M | ₹32 | 71.96 % | ₹65.8 M | RHP DOC |
GKP Printing IPO SUBSCRIPTION STATUS
26 Apr '19GKP Printing IPO overall subscription rate was 1.56 times the total available shares
GKP Printing IPO retail subscription rate was 1.56 times in the retail segment
GKP Printing IPO non-institutional investor subscription rate was 1.57 times in the non-institutional investor category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
24 Apr 2019 (Day 2) | 0.18x | 0.11x | - |
25 Apr 2019 (Day 3) | 0.61x | 1.51x | - |
26 Apr 2019 (Day 4) | 1.56x | 1.57x | - |
23 Apr 2019 (Day 1) | 0.05x | 0.11x | - |
GKP Printing 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) |
| 9MFY22 | 27.6 | 190.9 | -40.4 | -45.9 |
GKP Printing IPO SUBSCRIPTION STATUS DETAILS
GKP Printing had 2.1 M shares on offer
GKP Printing IPO offer price was ₹32
GKP Printing IPO minimum Investment was ₹128000
GKP Printing IPO issue size was ₹ 65.8 M
GKP Printing had a minimum lot size of 4000 Shares per application
GKP Printing NUMBER OF SHARES ON OFFER
GKP Printing IPO IMPORTANT DATES
| Issue Open Date | 23 Apr 2019 |
| Issue close Date | 26 Apr 2019 |
| Allotment Date | 03 May 2019 |
| Refund Date | 06 May 2019 |
| Demat Account Credit Date | 07 May 2019 |
| Listing Date | 08 May 2019 |
| Listing on Exchange(s) | BSE |
| GKP Printing Allotment Status | Exchange |
GKP Printing IPO subscription opened on 23 Apr 2019, and closed on 26 Apr 2019
IPO allotment for GKP Printing was finalized on Friday, 03 May 2019
IPO listing for GKP Printing was on BSE on Wednesday, 08 May 2019
GKP Printing IPO LISTING GAINS
| Issue Price (adjusted) | 32.0 |
| Listing Open Price | 34.2 |
| Listing Close Price | 17.5 |
| Listing Gain% | 6.9% |
| Current Gain% | -81.2% |
GKP Printing 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 % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GKP Printing & Packaging Ltd. | 6 | 4.4 | 25.7 | -0.7 | 0.5 | 2.2 | 1.4 | 27.6 | -9.2 | 0.5 | -39.6 | 0.2 | -39.6 |
| Garware Hi-Tech Films Ltd. | 7001 | 16265 | 41.9 | 2.2 | 7.2 | 12.7 | 11.2 | 2185 | 1 | 338.2 | 2.1 | 166.9 | 19 |
| EPL Ltd. | 229 | 7334.6 | 18.9 | 2.3 | 1.5 | 13.6 | 7.9 | 4806.5 | 12.9 | 388.9 | 8.3 | 12.1 | 8.3 |
| AGI Greenpac Ltd. | 718.2 | 4646.6 | 12.8 | 3.2 | 1.7 | 14.6 | 9.9 | 2760.4 | 6 | 351.7 | 9.1 | 56 | 4.1 |
| Polyplex Corporation Ltd. | 1179.7 | 3703.4 | 82.4 | -1 | 0.5 | 1.1 | 0.5 | 7173.4 | 2.8 | 45 | -78.5 | 14.3 | -78.5 |
| Uflex Ltd. | 492.4 | 3556.1 | 11.2 | 0.1 | 0.2 | 3.9 | 1.4 | 15513 | 2.1 | 317.1 | 122.8 | 43.9 | 122.7 |
GKP Printing INFORMATION ON IPO ISSUE
About GKP Printing
GKP Printing & Packaging was incorporated on April 3, 2018. The company is engaged in the manufacturing of corrugated boxes and deals in various types of 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.
Object of the Issue
- Meeting the long-term working capital requirements
- General corporate expenses
- Meeting the issue expenses
GKP Printing - PROMOTERS
| Name |
|---|
| Keval Harshad Goradia |
| Payal Keval Goradia |
GKP Printing Lead Manager
Holani Consultants Private Limited
ipo@holaniconsultants.co.in
GKP Printing Registrar to the Offer
Link Intime India Private Limited
gkp.ipo@linktime.co.in
GKP Printing Strengths
Experienced management
The company is managed by a team of experienced and professional personnel with experience in different aspects of the corrugated packaging industry and they have an in–depth knowledge of the production, marketing and finance
Established manufacturing facility
The company's registered office and the manufacturing facility are located at Vasai, Thane and it has also set up a new manufacturing unit in Vapi, Gujarat which has been made operational from December 27, 2018, onwards
Focus on quality
The company is an ISO 9001:2015 certified company engaged in the manufacturing of corrugated boxes
GKP Printing Risks
Outstanding litigations
There are outstanding litigations involving the company, the directors, which, if determined adversely, may affect their business and operations and reputation
Limited operating history
The company has a very limited operating history, which may make it difficult for investors to evaluate the historical performance or future prospects
IPO FAQs
GKP Printing & Packaging Ltd. IPO listing opened at Rs 34.20 while the issue price was Rs 32.00 giving 6.88% returns. After adjusting for subsequent bonus and splits, the stock trades at Rs 32.00 giving -81.19% gains since its IPO listing.
The promoters of the company are Keval Harshad Goradia and Payal Keval Goradia.
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 32.0 - 32.0.
The IPO application opens on Apr 23, 2019 and closes on Apr 26, 2019.
The minimum lot size for the IPO is 4000. The maximum lot size for the IPO is 4000.
For all category investors, the minimum application amount for this IPO is Rs. 128,000.0, the maximum value for this IPO is Rs 128,000.0.
This IPO will be allotted on May 03, 2019.
The refund will be credited to your account on May 06, 2019.
The allotted shares will be credited to your demat on May 07, 2019.
GKP Printing & Packaging Ltd.’s shares listed on the stock exchanges on May 08, 2019.