Kahan Packaging (BSE SME)
Sep 6, 2023 - Sep 8, 2023
| Price | ₹80 - ₹80 |
| Premium | ₹72 |
|---|---|
| Lot size | 1600 |
| Allotment | Sep 13, 2023 |
| Listing | Sep 18, 2023 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1600 | 128000 | 0 |
| HNI | 2 | 3200 | 256000 | 0 |
Last updated on 08 Sep 2023 | 05:52:39 PM
| Category | Offered | Applied | Times |
|---|---|---|---|
| HNIs | 3,40,000 | 14,15,04,000 | 416.19 |
| Retail | 3,40,000 | 35,52,40,000 | 1044.82 |
| Total | 6,80,000 | 49,67,44,000 | 730.51 |
Incorporated in 2016, Kahan Packaging Limited provides bulk packaging solutions to business-to-business ("B2B") manufacturers catering to different industries such as the Agro-Pesticides Industry, Cement Industry, Chemical Industry, Fertilizer Industry, and Food Products Industry.
Kahan Packaging manufactures and supplies Polypropylene (PP)/ High-Density Polyethylene (HDPE) Woven Fabric- Laminated, HDPE/PP woven sacks, Woven Fabric- UnLaminated, PP Woven Bag, PP Woven Bag with Liner, Printed Laminates for Flexible Packaging, woven polymer based products of different weight, sizes and colors as per customer's specifications.
The company manufactures all its products in-house in its manufacturing units located in Asangaon, Maharashtra. The installed production capacity of Factory-I for woven fabrics is 2,600 m.t. p.a. The Company has also expanded its business by setting up a new manufacturing unit and installing a Multicolor (up-to 8 Colors) Roto-Gravure Printing Machine for flexible packaging and printing processes including polyester, Nylon, BOPP, Foil, low and high-density polyethylene polypro plane and paper with two-sided printing facilities with high-speed hot air dryers with installed production capacity of 500 m.t. p.a.
KPL recorded Rs. 1,352.58 lacs and Rs. 1,587.95 Lacs in Revenue from Operations as of December 31, 2022, and March 31, 2022, respectively.
Kahan Packaging IPO Details
Kahan Packaging IPO is a Fixed Price Issue. The IPO total issue size is Rs 5.76 Cr. The Kahan Packaging IPO price is ₹80 per share. The IPO will list on BSE SME.
| Issue Size | 720,000 shares (aggregating up to ₹5.76 Cr) |
| Fresh Issue | 720,000 shares (aggregating up to ₹5.76 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 2,000,000 |
| Share holding post issue | 2,720,000 |
| Market Maker portion | 40,000 shares |
Kahan Packaging IPO Reservation
| Other Shares Offered | 50% |
| Retail Shares Offered | Not less than 50.00% of the Offer |
Kahan Packaging IPO Lead Manager(s)
Hem Securities Limited
Company Financials
| Period | Mar 2020 | Mar 2021 | Mar 2022 | Dec 2022 |
| Assets | 1,046.79 | 898.33 | 975.15 | 1,272.59 |
| Revenue | 1,357.76 | 1,212.81 | 1,590.63 | 1,352.86 |
| Profit | 1.05 | 1.57 | 19.77 | 57.35 |
| Net Worth | 48.19 | 49.75 | 69.53 | 126.88 |
| Reserves | -1.81 | -0.25 | 19.53 | 76.88 |
| Borrowing | 490.93 | 442.29 | 616.58 | 713.93 |
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