Anuroop Packaging IPO. is all set to make its debut in the stock market with an issue size of ₹2.64 Cr. Anuroop Packaging Ltd (APL), situated in Thane, was founded in 1995 and is a corrugated box maker (used for packaging). The company’s goods are grouped into two categories: corrugated boxes and corrugated sheets/boards.
The company’s clientele comprises small and medium-sized businesses, as well as corporate clients and others. Anuroop manufactures packaging for a variety of sectors, including water treatment, pharmaceuticals, metals, and stationery.
Anuroop Packaging IPO Details
| IPO Date | Nov 8, 2019, to Nov 13, 2019 |
| Listing Date | Nov 21, 2019 |
| Face Value | ₹10 per share |
| Price | ₹13 per share |
| Lot Size | 10000 Shares |
| Total Issue Size | 2,030,000 shares(aggregating up to ₹2.64 Cr) |
| Fresh Issue | 330,000 shares(aggregating up to ₹0.43 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
Anuroop IPO Listing Details
| Listing Date | Nov 21, 2019 |
| BSE Script Code | 542865 |
| ISIN | INE490Z01012 |
| IPO Price | ₹13 per share |
Company Overview
Anuroop Packaging Limited is a corrugated box maker based in Thane, Wada, India. It offers high-quality fixed packaging materials such as corrugated boxes, sheets, and boards to clients in a variety of sectors, such as pharmaceutical, stationery, metals, and water treatment. It also trades gum, which began in 2017-2018 and gained prominence in 2018-2019. The firm began operations in 1995 as a company under the provisions of the Companies Act, 1956, and was converted into a public limited company in 2017. It provides corrugated packaging solutions to a wide range of businesses, with a focus on the stationery industry.
Industry Overview
Packaging is one of the fastest expanding sectors, with a global market value of USD 700 billion. It has increased at a CAGR of 16% in emerging countries like India over the previous five years, reaching USD 32 billion in FY 15. India’s packaging sector accounts for 4% of the worldwide packaging industry, and per capita packaging usage is 4.3 kilogramme. Flexible packaging is expected to increase rapidly in the future due to its advantages, such as ease of handling and disposal, cost savings in transportation, and health and environmental friendliness. In India, the packaging industry is a mix of organised and unorganised firms, with demand for this category expected to increase substantially across all participants.
Company Financials
| Particulars | For the year/period ended (in Rs. Lakhs) | ||
| 31-Mar-19 | 31-Mar-18 | 31-Mar-17 | |
| Total Assets | 1,370.91 | 584.36 | 372.26 |
| Total Revenue | 667.61 | 396.51 | 258.38 |
| Profit After Tax | 136.94 | 72.82 | 3.40 |
Objects of the Issue
The business plans to use the Net Proceeds for the following purposes:
- To meet the demand for working capital
Strengths
- Management and Employee Expertise
- Repeat Business
- Semi-automated units
- Location Advantages
- Quality assurance
Weakness
- Commodities with little value differentiation
- Raw material price fluctuations
- Added Capacity Usage in the Global Industry
Anuroop Packaging Ltd IPO Lead Manager(s)
- Gretex Corporate Services Pvt Ltd.
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
Company Contact Information
Anuroop Packaging Ltd
Ambiste (BK),
Post Khani Tal Wada,
Thane -421303, Maharashtra, India
Phone: 022 49240183
Email: info@anurooppackaging.com
Website: http://anurooppackaging.com
Anuroop Packaging Ltd Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: anuroop.ipo@karvy.com
Website: https://karisma.kfintech.com/
