Clara Industries IPO: is all set to make its debut on 16th Dec 21 with 2.01 Cr is engaged in the business of web-centric, multi-spectrum IT Product development and maintenance and provision of IT Consultancy.
Clara Industries IPO – overview
| IPO Dates | 16-21 Dec 2021 |
| IPO Price | INR 43 per share |
| Fresh issue | 702,000 shares (INR 3.02 crore) |
| Offer For Sale | Nil |
| Total IPO size | 702,000 shares (INR 3.02 crore) |
| Minimum bid (lot size) | 3000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE Emerge |
Clara Industries IPO – Tentative Dates
| IPO Offer Opening Date | 16 Dec 2021 |
| IPO Closing Date | 21 Dec 2021 |
| Finalization of Basis of Allotment | 24 Dec 2021 |
| Initiation of refunds | 27 Dec 2021 |
| Transfer of shares to demat accounts | 28 Dec 2021 |
| IPO Listing Date | 29 Dec 2021 |
| Opening Price on BSE SME | Coming soon |
| Closing Price on BSE SME | Coming soon |
Company Overview
Clara Industries Limited is engaged in providing flexible plastic packaging solutions. The company is known for manufacturing and supplying high-end multilayer plastic bags and multilayer plastic rolls in India. Clara Industries serves varied sectors spanning FMCG, Consumer Product, Hardware Tools, Hospitality, Housekeeping, Pharmaceuticals, Clothing & Hosiery, Edible Oil, Salt, and Sugar industry.
The company’s product portfolio includes:
- Packaging Films
- Flexible Packaging
- Horticulture Bags
- HDPE Bottles
- Plastic Matts
- Printed and non-printed
The company primarily sells its products through direct orders from clients based in Rajasthan, Bihar, Uttarakhand, Himachal Pradesh, and Punjab. The company has a manufacturing unit located at Saharanpur, Uttar Pradesh, having a total area of approximately 14,714 sq. ft. In the Year 2021, Clara industries through a Business Transfer Agreement (BTA), acquired a proprietor firm named M/s Clara Petrochemical.
Industry Overview
India has achieved tremendous growth in terms of industrialization and globalization. The inherent result of this, there has been tremendous demand for modern technologies and the upgradation of the quality of packaging and in general, the quality of life. India has achieved a huge rise in food production brought about by the Green Revolution. The food industry offers what is unquestionable, one of the largest opportunities for growth in India today. The industry will play a vital and positive role in the Indian economy. To reach such phenomenal growth, it is quite evident that the processing and preservation technology of food products must keep pace with the growth. Hence, it is expected that the modern technology of flexible packaging’s like Aseptic Packaging, Barrier Packaging, and Controlled Atmospheric Packaging will make big inroads in India.
Competitive Strengths:
- Location advantage with efficient logistics
- Diversified customer base
- Focus on quality
- semi-automated manufacturing units
- Strong management team and motivated and efficient workforce.
Objectives of the issue
- Working Capital Requirements
- General Corporate Purpose.
Company Financials
| Particulars | 18-Nov-21 |
| Total Assets | 46.73 |
| Total Revenue | 6.27 |
| Profit After Tax | 3.04 |
Company Contact Information
Clara Industries Limited
127/1 Gram Simbhalka Junardar Paragna,
Tehsil and District Saharanpur- 247001,
Uttar Pradesh, India
Phone: +91- 81718 84399
Email: info@clara.co.in
Website: http://clara.co.in/
Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
Lead Manager(s)
- Gretex Corporate Services Pvt Ltd (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
