Home Blog Page 76

Poojawestern Metaliks IPO: GMP, Price, Dates

Team TradingBuzz₹
-
0
Poojawestern Metaliks IPO: GMP, Price, Dates

Poojawestern Metaliks IPO is about to debut on 22 September 2017, with an issue size of 5.48CR. Established in 2016, Poojawestern Metaliks Ltd is a manufacturer of Brass and Brass Equipment catering to global markets. The company offers a diverse range of products including brass billets, ingots, bars, plumbing fittings, inserts, and adapters for CPVC and PPR pipes, all of which are marketed under the brand name “P-“. Poojawestern Metaliks Ltd is well-regarded in Arab and Gulf markets for its brass products.


Poojawestern Metaliks Ltd’s commitment to quality and customer satisfaction has established it as a reputable player in the global brass industry. The company’s strategic location, efficient production processes, and reliable supply chain make it a preferred supplier for customers in the Arab and Gulf markets.

Industry Overview

The metal industry is a crucial sector of the Indian economy and plays a significant role in its overall industrial growth. The industry encompasses a wide range of metal products, including iron and steel, aluminum, copper, brass, and alloys. India’s metal industry is primarily focused on meeting domestic demand, but it also exports to various countries worldwide. The industry employs millions of people across the country and contributes significantly to India’s GDP.

In recent years, the Indian metal industry has experienced steady growth due to various factors, including rising demand for metal products in both domestic and international markets, increasing infrastructure development projects, and government initiatives to promote the sector’s growth. The industry has also undergone significant modernization and technological advancements, leading to increased productivity and efficiency. Despite facing some challenges, such as fluctuating global metal prices and environmental concerns, the Indian metal industry is expected to continue its growth trajectory in the years to come.


Poojawestern Metaliks IPO Details

IPO DateSep 22, 2017 to Sep 26, 2017
Listing Date[.]
Face Value₹10 per share
Price₹36 per share
Lot Size3000 Shares
Total Issue Size1,521,000 shares(aggregating up to ₹5.48 Cr)
Issue TypeFixed Price Issue IPO
Listing AtBSE SME

Company Financials

FY2013FY2014FY2015FY2016FY2017
Total revenue391.8449.21,517.61,492.4270.5
Total expenses396.0450.51,503.41,474.4253.0
Profit after tax9.8-0.99.811.912.1
Systango Technologies IPO: GMP, Price, Dates & size

Objects of the Issue

The object of the issue are:

1. Working capital requirements
2. General corporate purpose

Poojawestern Metaliks IPO Prospectus

Company Contact Information

Poojawestern Metaliks Ltd
Plot No.1 Phase II,
GIDC Dared,
Jamnagar – 361004
Phone: +91-288-2730088
Email: info@poojametal.com
Website: http://www.poojametal.com

Poojawestern Metaliks IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/

Poojawestern Metaliks IPO Lead Manager(s)

  1. Pantomath Capital Advisors Pvt Ltd (Past IPO Performance)

Aarvi Encon IPO:GMP, Price, Dates, Issue Size

Team TradingBuzz₹
-
0
Aarvi Encon IPO:GMP, Price, Dates, Issue Size

Aarvi Encon Limited IPO is about to debut on 21 September 2017, with an issue size of 21.24CR. Aarvi Encon Limited is a reputable engineering and manpower outsourcing services provider that has been in operation since 1987. The company boasts of ISO 9001:2008 and OHSAS certifications and offers a range of services, including IT staffing, technical staffing, project management, construction supervision, procurement assistance, inspection, commissioning, operation and maintenance, and shutdown services. Among its high-profile clients are Reliance Industries, Cairn India, HPCL Mittal, and Bechtel. The company caters to various industries, including oil and gas, power, LNG, PNG, refinery, petrochemical, pipeline, wind and solar power, offshore, exploration and production, infrastructure, ports and terminals, telecom, fertilizer, cement, automobile, metro and monorail, railway, metal and mineral, and information technology.


Industry Overview


The company’s services include manpower outsourcing, project management, inspection, and maintenance services for various industries, including oil and gas, power, petrochemicals, and construction. Aarvi Encon’s focus on providing cost-effective and efficient solutions has made it a leading player in the Indian engineering and technical services market.


Aarvi Encon IPO Details

IPO DateSep 21, 2017 to Sep 26, 2017
Listing DateOct 5, 2017
Face Value₹10 per share
Price₹54 per share
Lot Size2000 Shares
Total Issue Size3,934,000 shares(aggregating up to ₹21.24 Cr)
Issue TypeFixed Price Issue IPO
Listing AtNSE SME

Company Financials

FY2013FY2014FY2015FY2016FY2017
Total revenue78.596.7114.6109.9146.5
Total expenses72.088.8105.1106.0141.3
Profit after tax4.34.66.42.73.5
Cyber Media Research IPO: GMP, Price, Dates, Issue Size

Objects of the Issue

The objects of the Issue are:

1. To meet the working capital requirements of the Company;
2. Acquisitions and Other Strategic Initiatives;
3. General Corporate Purposes;
4. Issue Expenses.

Aarvi Encon IPO Prospectus

Company Contact Information

Aarvi Encon Ltd
603, B1 Wing, Marathon Innova,
Marathon Nextgen Complex,
Lower Parel (W), Mumbai � 400013
Phone: +91-22-40499999
Email: info@aarviencon.com
Website: http://www.aarviencon.com

Aarvi Encon IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/

Aarvi Encon IPO Lead Manager(s)

  1. Sarthi Capital Advisors Private Limited (Past IPO Performance)

Share India Securities:

Team TradingBuzz₹
-
0
Share India Securities:

Share India Securities Limited IPO is about to debut on 21 September 2017, with an issue size of 26.37CR. Share India Securities Ltd was established in 1994 to provide brokerage services for securities. The company specializes in equity trading, futures and options, currency and commodity derivatives, mutual funds, IPO, and depository services. Additionally, they have ventured into proprietary trading activities.

SISL is a registered stock broker with SEBI and is a member of BSE for stock brokering operations since 2000. In 2007-08, the company became a registered trading and clearing member of BSE. After the merger, SISL also registered with SEBI as a stock broker, trading, and clearing member of NSE in 2012. With the introduction of the Future and option segment into the Indian capital market, the company has also become a member under the Future & Option (F&O) segment.

Industry Overview

This industry includes various activities such as brokerage, trading, and investment services related to stocks, bonds, derivatives, mutual funds, and other financial instruments.

The securities market in India has undergone significant transformation and growth over the past few decades. The market is regulated by the Securities and Exchange Board of India (SEBI), which ensures transparency, fairness, and investor protection.

India has two major stock exchanges, the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE), which provide trading platforms for various financial instruments. Share India Securities Ltd is a member of both these exchanges, which enables the company to offer a broad range of services to its clients.

Share India Securities IPO Details

IPO DateSep 21, 2017 to Sep 26, 2017
Listing DateOct 5, 2017
Face Value₹10 per share
Price₹41 per share
Lot Size3000 Shares
Total Issue Size6,432,000 shares(aggregating up to ₹26.37 Cr)
Issue TypeFixed Price Issue IPO
Listing AtBSE SME

Company Financials

FY2016FY2017
Total revenue74.0110.1
Total expenses64.697.8
Profit after tax6.38.0
Mafia Trends IPO: GMP, Price, Dates, Issue Size

Objects of the Issue

The objects of the Issue are:

1. To Meet Working Capital Requirement
2. To Meet Capital Expenditure incurred for Branch expansion and distribution centre
3. To Meet Sales and Marketing Expenditure
4. General Corporate Purpose
5. To Meet the Issue Expenses

Share India Securities IPO Prospectus

Company Contact Information

Share India Securities Ltd
6th Milestone, New Bhai-Chara Complex,
Opp Mata Man dir, Chikambarpur,
ahibabad, Ghaziabad – 201006
Phone: + 91-11-43011000
Email: info@shareindia.com
Website: http://www.shareindia.com

Share India Securities IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/

Share India Securities IPO Lead Manager(s)

  1. Hem Securities Limited (Past IPO Performance)

Trident Texofab IPO: GMP, Price, Dates & Size

Team TradingBuzz₹
-
0
Trident Texofab IPO: GMP, Price, Dates & Size

Trident Texofab Limited IPO is about to debut on 21 September 2017, with an issue size of 3.53CR. Trident Texofab Limited is an Indian company that was established in 2008. The company specializes in the manufacturing and supply of garment and textile fabrics, offering a diverse range of products such as home furnishing, bedsheets, scarfs, pareos, suiting and shirting, and technical textile fabrics. Their product portfolio includes finished and unfinished fabrics, as well as value-added fabrics.

Trident Texofab Limited adopts a hands-on approach when it comes to manufacturing its products. The company identifies the manufacturer, places purchase orders, and supervise the entire manufacturing process. This includes the purchase of raw materials, stringent quality checks and controls, and scheduled delivery of the final product based on the specific requirements of the customer. Through its commitment to quality and attention to detail, Trident Texofab Limited has established itself as a reliable and trusted provider of textile and garment fabrics.


Industry Overview


India’s textiles industry has been a major contributor to the country’s economy for centuries. It is a labor-intensive industry and employs about 40 million workers, with an additional 60 million indirectly employed. The industry contributes 14% to industrial production and 4% to GDP, and accounts for nearly 15% of total exports. In FY 2015-16, India’s textile exports were valued at $40 billion, and the size of the country’s textile market is expected to reach $226 billion by 2023, growing at a CAGR of 8.7% between 2009 and 2023. The government has established training and design centers to improve technical skills in the apparel industry, and the National Institute of Fashion Technologies has played a pioneering role in the growth of the apparel industry and exports.

Trident Texofab IPO Details

IPO DateSep 21, 2017 to Sep 26, 2017
Listing DateOct 5, 2017
Face Value₹10 per share
Price₹30 per share
Lot Size4000 Shares
Total Issue Size1,176,000 shares(aggregating up to ₹3.53 Cr)
Issue TypeFixed Price Issue IPO
Listing AtBSE SME

Company Financials

FY2013FY2014FY2015FY2016FY2017
Total revenue3,449.26,052.06,265.46,603.37,619.2
Total expenses3,424.46,022.46,237.56,573.37,561.3
Profit after tax12.222.318.05.934.1
Eight Jewellers SME IPO: Should you subscribe?

Objects of the Issue

The objects of the Issue are:

1. Funding of working capital requirements of the Company
2. General Corporate Expenses
3. Issue Expenses

Trident Texofab IPO Prospectus

Company Contact Information

Trident Texofab Ltd
2004 2nd Flr North Extension,
Nodh 4/1650 Sahara Darwaja,
Surat – 395003
Phone: + 91-261-2451284/2451274
Email: info@tridentexofab.com
Website: http://www.tridenttexofab.com

Trident Texofab IPO Registrar

Kfin Technologies Limited

Phone: 04067162222, 04079611000
Email: einward.ris@karvy.com
Website: https://karisma.kfintech.com/

Trident Texofab IPO Lead Manager(s)

  1. Guiness Corporate Advisors Pvt Ltd (Past IPO Performance)

D P Wires IPO: GMP, Price & Issue Size

Team TradingBuzz₹
-
0
D P Wires IPO: GMP, Price & Issue Size

D P Wires Limited IPO is about to debut on 21 September 2017, with an issue size of 26.88CR. D P Wires Ltd, a company established in 1998, is a reputable manufacturer and supplier of various products such as steel wires, plastic pipes, and plastic films. These products have extensive applications across a wide range of industries such as oil & gas, power, environment, civil, energy, automobile, and infrastructure.

The company’s state-of-the-art manufacturing facilities are situated in Ratlam, Madhya Pradesh, and cater to the production of wires and plastic products. D P Wires’ plastic products are commonly utilized in lining canals, landfills, highway and road constructions, ponds, tanks, water reservoirs, mining, and solution ponds. They also serve as corrosion-resistant agents for steel tanks. The wire products, on the other hand, are utilized in construction, bridges, oil & gas, automobile springs, sleepers for railway tracks, national highways, and state electricity boards.

Moreover, D P Wires has ventured into power generation by owning and operating two wind farms, each with a capacity of 0.80 MW, located in the villages of Okha-Madhi and Jodhpur in District Jamnagar.

Industry Overview


The company’s product portfolio includes high-quality steel wires for various applications such as automotive, construction, and engineering. DP Wires Ltd also offers a range of wire products like fencing wires, galvanized wires, and barbed wires. The company has a strong presence in the domestic market and exports its products to several countries.

The steel wire industry in India has been growing steadily due to increasing demand from various sectors like construction, automotive, and infrastructure. DP Wires Ltd has been able to capitalize on this growth by consistently delivering high-quality products and expanding its product range. The company has also invested in modernizing its manufacturing facilities and adopting advanced technologies to improve efficiency and quality. With a strong focus on customer satisfaction and innovation, DP Wires Ltd is poised to continue its growth trajectory in the steel wire industry.

D P Wires IPO Details

IPO DateSep 21, 2017 to Sep 26, 2017
Listing DateOct 5, 2017
Face Value₹10 per share
Price₹75 per share
Lot Size1600 Shares
Total Issue Size[.] shares(aggregating up to ₹26.88 Cr)
Fresh Issue3,584,000 shares(aggregating up to ₹[.] Cr)
Issue TypeFixed Price Issue IPO
Listing AtNSE SME

Company Financials

FY2013FY2014FY2015FY2016FY2017
Total revenue97.893.6139.1160.0196.8
Total expenses95.291.9137.0157.2189.8
Profit after tax1.41.21.72.25.0
Rachana Infrastructure IPO Analysis Details

Objects of the Issue

The objects of the Issue are:
1. To meet the working capital requirements;
2. General Corporate Purposes;
3. Issue Expenses.

D P Wires IPO Prospectus

Company Contact Information

D P Wires Limited
16-18A, Industrial Estate,
Ratlam 457001

Phone: +91-7412-261130
Email: info@dpkataria.in
Website: http://www.dpwires.co.in

D P Wires IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/

D P Wires IPO Lead Manager(s)

  1. Sarthi Capital Advisors Private Limited (Past IPO Performance)

Shree Tirupati Balaji FIBC IPO: GMP, Price, and Dates

Team TradingBuzz₹
-
0
Shree Tirupati Balaji FIBC IPO: GMP, Price, and Dates

Shree Tirupati Balaji FIBC Limited IPO is about to debut on 21 September 2017, with an issue size of 10.80CR. Shree Tirupati Balaji FIBC Ltd (STBF), established in 2009, is involved in the production and distribution of High-Density Polyethylene (HDPE) / Polypropylene (PP) woven sacks and Flexible Intermediate Bulk Containers (FIBC). The company offers a wide range of products such as Conductive (Type C) Bags, Type B Bags, UN Certified Bags for Hazardous materials, Form Stable bags/ Q Bags, Funner bags, Tubular FIBC, Single/Double Loop Bags, Liners-Normal/Conductive/Anti Static liners with form-fit, glued, flanged, tabbed, container liners, asbestos bags, BOPP bags/PP Woven bags, and Tunnel Lift Bags.

The manufacturing facility of the company is located in the SEZ area situated in Pithampur, Dist. Dhar, MP. The majority of its sales come from exports to countries like the USA, UK, Australia, Germany, Italy, Spain, New Zealand, among others. The company sources its raw materials primarily from its Group Company, Shree Tirupati Balajee Agro Trading Private Limited.

Industry Overview

The Make in India initiative has received a significant boost through the success of the Make in India Week event held in Mumbai between February 13 and 18, 2016. The event garnered an overwhelming response from investors and closed with investment commitments of INR 15.2 trillion (US$ 225.32 billion). The concerted efforts of the Make in India drive are positioning India as a hub for high-tech manufacturing, with global giants such as GE, Siemens, HTC, Toshiba, and Boeing either establishing or in the process of setting up manufacturing plants in India. The primary attraction for these companies is India’s market of more than a billion consumers and their increasing purchasing power.


Shree Tirupati IPO Details

IPO DateSep 21, 2017 to Sep 26, 2017
Listing DateOct 5, 2017
Face Value₹10 per share
Price₹36 to ₹40 per share
Lot Size3000 Shares
Total Issue Size2,700,000 shares(aggregating up to ₹10.80 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME

Company Financials

FY2013FY2014FY2015FY2016FY2017
Total revenue23.440.454.162.169.8
Total expenses22.137.251.558.666.2
Profit after tax0.42.22.43.42.9
Insolation Energy IPO: GMP, Price, Dates, Issue Size


Objects of the Issue

The object of the issue are to:

1. Funding the working capital requirements of the Company
2. General corporate purposes.

Shree Tirupati IPO Prospectus

Company Contact Information

Shree Tirupati Balajee FIBC Ltd
Plot No. A.P.-14 Apparel Park,
SEZ Phase II Industrial Area,
Pithampur – 454774
Phone: +91-0731-4217400
Email: cs@tirupatibalajee.com
Website: http://www.tirupatibalajee.com

Shree Tirupati IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/

Shree Tirupati IPO Lead Manager(s)

  1. Pantomath Capital Advisors Pvt Ltd (Past IPO Performance)

Cadsys (India) Limited IPO: GMP, Price, Dates, Issue Size

Team TradingBuzz₹
-
0
Cadsys (India) Limited IPO: GMP, Price, Dates, Issue Size

Cadsys (India) Limited IPO is about to debut on 21 September 2017, with an issue size of 14.70CR. Cadsys (India) Ltd (CIL) was established in 1992 and specializes in IT-enabled services such as geospatial, field engineering survey, software development, and engineering design services for industries such as telecom, CATV, oil & gas, electricity, and other utilities. The company is based in Hyderabad, Telangana, India, and operates in the United States as well. CIL’s focus is on GIS and engineering business technology services, with a particular emphasis on designing innovative fiber network systems such as FTTx, HFC, and DAS for global telecommunications companies. The company’s clientele consists of government agencies and businesses in the telecom, power, and other utility sectors.


Industry Overview


The industries that CIL operates in are highly specialized and require specific expertise and technical knowledge. The telecommunications industry, for instance, is rapidly evolving, with increasing demand for high-speed connectivity and next-generation network systems. CIL’s expertise in designing innovative fibre network systems puts them in a strong position to capitalize on this demand. Similarly, the power and utility sectors require specialized engineering services to maintain and improve their infrastructure, making CIL’s services essential for these industries. Overall, CIL’s focus on niche industries and specialized services has enabled them to establish themselves as a leading player in their field.


Cadsys India IPO Details

IPO DateSep 21, 2017 to Sep 25, 2017
Listing DateOct 4, 2017
Face Value₹10 per share
Price₹70 per share
Lot Size2000 Shares
Total Issue Size2,100,000 shares(aggregating up to ₹14.70 Cr)
Issue TypeFixed Price Issue IPO
Listing AtNSE SME

Company Financials

FY2013FY2014FY2015FY2016FY2017
Total revenue14.321.124.432.043.6
Total expenses11.917.017.123.931.5
Profit after tax2.23.04.75.510.9
Kandarp Digi Smart BPO IPO: GMP, Price, Dates, Issue Size

Objects of the Issue

The objects of the Issue are:

1. Part Repayment / prepayment of the long term borrowing availed by the Company;
2. General corporate purposes.

Cadsys India IPO Prospectus

Company Contact Information

Cadsys (India) Ltd
3- 5-900/1, IVth Floor,
Aparajitha Arcade Himayathnagar,
Hyderabad – 500029
Phone: +91 40 23224110
Email: cs@cadsystech.com
Website: http://www.cadsystech.com

Cadsys India IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/

Cadsys India IPO Lead Manager(s)

  1. Saffron Capital Advisors Private Limited (Past IPO Performance)

Madhya Pradesh Today Media IPO: GMP, Price, and Details

Team TradingBuzz₹
-
0
Madhya Pradesh Today Media IPO: GMP, Price, and Details

Madhya Pradesh Today Media Limited IPO is about to debut on 19 September 2017, with an issue size of 14.17CR. Madhya Pradesh Today Media Limited, established in 2010, is a prominent publishing house that publishes a daily evening Hindi newspaper and delivers news through its online news portal. The company also publishes an event-based magazine. Since its launch, the Hindi newspaper has expanded its reach beyond Madhya Pradesh and is now available in Chhattisgarh, Uttar Pradesh, Delhi, and Maharashtra.

Madhya Pradesh Today Media Limited covers all zones of Madhya Pradesh and distributes its morning newspaper in 52 districts, including Hoshangabad, Vidisha, Dhar, Neemuch, Sagar, Shivpuri, and others. The newspaper is the only one in the state that provides both evening and morning editions.

Industry Overview

Access to information is vital in India, the world’s largest democracy and print media plays a crucial role in this. Despite the growth of audio, visual, and digital media, print media continues to empower citizens to participate in strengthening democracy. The use of information technology has enabled better coverage at an affordable price, resulting in an increase in readership, especially for regional language publications. However, many publishers do not file their Annual Statements with the Registrar of Newspapers for India, although they can be filed online. In 2015-16, there were 110,851 registered publications in India, and the total circulation of publications increased from 51.05 billion copies to 61.02 billion copies per publishing day.

Madhya Pradesh Today IPO Details

IPO DateSep 19, 2017 to Sep 21, 2017
Listing DateSep 29, 2017
Face Value₹10 per share
Price₹66 per share
Lot Size2000 Shares
Total Issue Size2,146,500 shares(aggregating up to ₹14.17 Cr)
Issue TypeFixed Price Issue IPO
Listing AtNSE SME

Company Financials 

FY2013FY2014FY2015FY2016FY2017
Total revenue10.615.715.415.219.3
Total expenses9.914.614.714.215.8
Profit after tax0.50.70.40.72.3
Mafia Trends IPO: GMP, Price, Dates, Issue Size


Objects of the Issue

The object of the issue are:

1. Expansion of Business by upgrading Unit Offices in various cities in the State of Madhya Pradesh and Chhatisgarh;
2. Meeting working capital requirements;
3. General Corporate Expenses;
4. Issue Expenses.

Madhya Pradesh Today IPO Prospectus

Company Contact Information

Madhya Pradesh Today Media Ltd
Plot No. 5,
Press Complex, Zone – 1
M.P. Nagar, Bhopal, MP- 462011
Phone: +91 75530 95500
Email: admin@pradeshtoday.org
Website: http://www.pradeshtoday.com

Madhya Pradesh Today IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/

Madhya Pradesh Today IPO Lead Manager(s)

  1. Mark Corporate Advisors Private Limited (Past IPO Performance)

R M Drip & Sprinklers System IPO: GMP, and Important Detail

Team TradingBuzz₹
-
0
R M Drip & Sprinklers System IPO: GMP, and Important Detail

R M Drip & Sprinklers System Limited IPO is about to debut on 19 September 2017, with an issue size of 11.46CR. R M Drip & Sprinklers System Ltd (RMD) was established in 2004 and is involved in the manufacturing and selling of Micro Irrigation System (MIS) which encompasses drip irrigation system, sprinkler irrigation system, as well as their components, irrigation accessories, and related products. RMD designs and produces high-quality micro irrigation equipment in-house, located in Sinnar, near Nashik. Additionally, the company provides assistance to farmers in the designing and installation of their Sprinkler and Drip Irrigation Systems, tailored to meet their specific needs.

RMD generates its revenue through both open market and project market models, with the majority of its revenue derived from the former through the aid of channel partners. The company operates in various states such as Maharashtra, Gujarat, Karnataka, and MP. RMD’s extensive product range encompasses HDPE Pipes, Pipes Fittings, and Irrigation Equipment including drip/sprinkler systems, Disc filters, Screen filters, Hydro-Cyclone filters, Sand (Gravel) filters, Compression fittings, valves (Electric & Mechanical), Fertilizer Tanks, among others.

Industry Overview 

Agriculture is a critical contributor to India’s economy, with over 58% of rural households depending on it as their primary source of income. Agriculture, forestry, and fisheries are among the largest contributors to India’s Gross Domestic Product (GDP). The agriculture and allied sectors are expected to account for 17.3% of the Gross Value Added in 2016-17. India is the world’s largest producer, consumer, and exporter of spices, with the second-largest fruit production globally. The horticulture output is estimated at 287.3 million tonnes, ranking India third in farm and agriculture outputs. Agricultural exports constitute 10% of the country’s exports, making it the fourth-largest exported principal commodity. The agro industry in India is divided into several sub-segments, including dairy, canned, processed, frozen food, fisheries, meat, poultry, and food grains.

R M Drip IPO Details

IPO DateSep 19, 2017 to Sep 25, 2017
Listing DateOct 4, 2017
Face Value₹10 per share
Price₹53 to ₹57 per share
Lot Size2000 Shares
Total Issue Size2,010,000 shares(aggregating up to ₹11.46 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME

Company Financial

FY2013FY2014FY2015FY2016FY2017
Total revenue258.4310.3578.61,178.52,872.6
Total expenses247.0306.5532.11,130.62,667.1
Profit after tax7.92.724.132.3136.1
Technopack Polymers IPO:GMP, Price, Dates, Issue Size

Objects of the Issue

The object of the issue are to:

1. Funding the working capital requirements of the company;
2. General corporate purpose.

R M Drip IPO Prospectus

Company Contact Information

R M Drip & Sprinklers Systems Ltd
Gat No.475 Village Gonde,
Taluka Sinnar,
Nashik – 422113
Phone: +91-2551-218919
Email: info@rmdrip.com
Website: http://www.rmdrip.com

R M Drip IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/

R M Drip IPO Lead Manager(s)

  1. Pantomath Capital Advisors Pvt Ltd (Past IPO Performance)

Worth Peripherals Ltd IPO: GMP, Prices, and Dates

Team TradingBuzz₹
-
0
Worth Peripherals Ltd IPO: GMP, Prices, and Dates

Worth Peripherals Ltd IPO is about to debut on 15 September 2017, with an issue size of 18.28CR. Worth Peripherals Limited, established in 1996, is a manufacturer and seller of corrugated boxes. The company provides regular slotted containers, die-cut corrugated boxes/trays, multi-color corrugated boxes, Z sleeves, and I/honeycomb partitions. Worth Peripherals Limited is an ISO 9001:2008 and FSC-certified company that serves clients in the FMCG sector. Its two fully automated manufacturing units are located in Pithampur, Dhar, Indore (MP), and have the capacity for multi-color printing of up to six colors.

The packaging industry in India is currently valued at Rs. 85,000 crore and is growing at an annual rate of 15% plus. With the growth of the retail, pharma, breweries, and textile sectors, opportunities for growth in the packaging industry have increased. Worth Peripherals Limited aims to tap into these markets for further marketing and supply to expand its business in this thriving sector, which is expected to triple in the next five years.

Industry Overview 

As of 2017, the Indian packaging industry was valued at Rs. 1.34 trillion and was expected to grow at a CAGR of 18.5% to reach Rs. 3.96 trillion by 2023. The industry is highly fragmented, with over 22,000 companies operating in it, mostly in the unorganized sector. The organized sector accounted for around 10% of the industry, while the rest was dominated by small and medium-sized enterprises. Flexible packaging is the largest segment, followed by rigid packaging and corrugated boxes. The industry caters to a wide range of sectors, including food and beverage, pharmaceuticals, personal care, and consumer goods. With a rising population and increasing consumerism, the packaging industry is expected to continue its growth trajectory in India.

Worth Peripherals IPO Details

IPO DateSep 15, 2017 to Sep 19, 2017
Listing DateSep 27, 2017
Face Value₹10 per share
Price₹40 to ₹43 per share
Lot Size3000 Shares
Total Issue Size4,251,000 shares(aggregating up to ₹18.28 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME

Company Financials

FY2013FY2014FY2015FY2016FY2017
Total revenue59.484.2107.8127.4132.1
Total expenses54.076.699.1117.2120.5
Profit after tax3.55.26.06.57.3
Droneacharya Aerial Innovations IPO: GMP, Price, Dates, Issue Size

Objects of the Issue

The object of the issue are:

1. Purchase of Plant and machinery;
2. Repayment/Prepayment of certain borrowings availed by the Company;
3. Funding the working capital requirements of the Company;
4. General corporate purposes.

Worth Peripherals IPO Prospectus

Company Contact Information

Worth Peripherals Ltd
102 Sanskriti Apt 44,
Saket Nagar,
Indore – 452018
Phone: +91-0731-2560267
Email: investors@worthindia.com
Website: http://www.worthindia.com

Worth Peripherals IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/

Worth Peripherals IPO Lead Manager(s)

  1. Pantomath Capital Advisors Pvt Ltd (Past IPO Performance)
1...75767778Page 76 of 78