Anuroop Packaging IPO Dates, Bid, Size, Allotment, Subscription, GMP, Listing, Price
Last Updated Date: Nov 16, 2022
Let’s have a detailed review of the company and analytics of the Anuroop Packaging IPO release date, IPO offer price, subscription, Anuroop Packaging IPO allotment, grey market price and other details like the company’s background, its financial positions, its promoters, and other related things.
- Issue Price of this IPO is Rs.13 . Check the Live Share Price here Anuroop Packaging Share Price
- To track the performance of this IPO, click on this link – IPO Performance
Anuroop Packaging IPO Review & Ratings
| IPO Ratings & Review | |
| Criteria | Ratings |
| Industry Sentiments | 7.2/10 |
| Industry Ranking | 7.1/10 |
| Company Background | 7.3/10 |
| Company Reputation | 7.2/10 |
| Competitive Edge | 7.4/10 |
| Financial Statements | 7.1/10 |
| Popularity Index | 7.1/10 |
| Promoters Reputation | 7.3/10 |
| Retail Appetite | 7.1/10 |
| Top Brokers Review | 7.1/10 |
| Overall Ratings | 7.2/10 |
| Star Ratings | ★★★★☆ |
Summary of Anuroop Packaging Limited IPO
The company is engaged in the manufacturing of a variety of corrugated boxes/cartons.
They manufacture the boxes in a number of sizes and shapes, thus providing with plenty of options that would cater to the needs of their customers, including customized boxes as per order.
They are a semi-automatic plant and currently running with a rapid growth in terms of turnover and client base.
The company is promoted by Mr. Amarnath Matadin Sharma, Mr. Akash Amarnath Sharma, Mr. Akshay Amarnath Sharma and Amarnath Sharma HUF. The lead manager to the issue is GRETEX CORPORATE SERVICES PRIVATE LIMITED and the Registrar to this issue is KARVY FINTECH PRIVATE LIMITED.
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Anuroop Packaging IPO Date
The opening and the closing date of the Anuroop Packaging IPO are Nov 8 and Nov 13.
Anuroop Packaging IPO Subscription
| Day / Date | NII | RII | Total Subscription |
| 1st Day – Nov 8 | 0.85x | 0.21x | 0.53x |
| 2nd Day – Nov 11 | 1.70x | 1.19x | 1.44x |
| 3rd Day – Nov 13 | 3.82x | 7.05x | 5.44x |
| Shares Offered or Net Issue | 960,000 | 960,000 | 1,920,000 |
The shares subscribed by the public will be updated here.
Anuroop Packaging IPO Allotment Status
Here, you can find the Allotment Status of this IPO.
| Basis of Allotment Finalization | Nov 18 |
| Refunds Initiation | Nov 20 |
| Credit of Shares to Demat Account | Nov 20 |
| Share Listing Date | Nov 21 |
Anuroop Packaging IPO Price Band or Cash Price
Fresh Issue of 3,30,000 Equity Shares of face value Rs.10.00 each of Anuroop Packaging Limited for cash at a price of Rs.13.00 per Equity Shares aggregating Rs.42.90 Lakh by the Company
Anuroop Packaging IPO Issue Size
Issue of 20,30,000 Equity Shares of face value of Rs. 10.00 each of the Company for cash at a price of Rs. 13.00 per Equity Share
Anuroop Packaging IPO Equity Share Offering
Public issue of 20,30,000 Equity Shares of face value of Rs. 10.00 each of the Company for cash at a price of Rs. 13.00 per Equity Share (including a share premium of Rs. 3.00 per Equity Share) aggregating to Rs. 263.90 Lakh.
Fresh Issue of 3,30,000 Equity Shares of face value Rs. 10.00 each of the Company for cash at a price of Rs. 13.00 per Equity Share aggregating to Rs. 42.90 Lakh.
Offer for Sale of 17,00,000 equity Shares of face value Rs. 10.00 each for cash at a price of Rs. 13.00 per Equity Share aggregating to Rs. 221.00 Lakh by the Selling Shareholder.
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Anuroop Packaging Limited – Company Overview
The company commenced its business back in year 1995 in form of a company under the provisions of Companies Act, 1956 vide Certificate of Incorporation dated 13 October 1995 bearing registration No. 093625 issued by the Registrar of Companies, Mumbai.
They are a corrugated box manufacturer based out of Wada, Thane. They provide quality fixed packaging products such as corrugated boxes, sheets, boards to clients from various industries such as pharmaceutical, stationery, metals, water treatment etc.
The products can be classified into following categories:
a) Corrugated Boxes and
b)Corrugated Sheets/Boards.
They cater to wide variety of industries for corrugated packaging solutions; however, they have strong grip in catering to clients from stationery industry where they work with industry leaders such as Kokuyo Camlin, A.W. Faber-Castell (India).
Other prominent clients are Himalaya Organics, Ion exchange India, Mattel Toys India, FDC, Pepe Jeans London etc. Manufacturing of corrugated boxes is the main line of business but apart from the manufacturing of the corrugated box the company is also involved in the trading of Gum (Turpentine and Dipentene) The trading of Gum was stared in the year 2017-2018 but it got the boast in the year 2018-2019.
Business strategies of Anuroop Packaging
- Enhancing their Clientele
- Improving functional efficiencies
- Quality Products
- Expand their domestic geographical reach through marketing network
- Improving functional efficiencies
- To build-up a professional organization
- Develop cordial relationship with their Suppliers, Customer and employees
Anuroop Packaging – Financial Statements
A quick look into the past financial performance of the company to understand its performance of business and evaluate the growth prospectus:
Financial Summary of Anuroop Packaging IPO
On the basis of Standalone statement:-
| Amount (in INR & 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 |
| Total Expense | 466.17 | 295.12 | 252.77 |
| Profit After Tax | 136.94 | 72.82 | 3.40 |
Earnings per Equity Share (in lakhs)
| 31-Mar-19 | 31-Mar-18 | 31-Mar-17 | |
| Basic & Diluted | 2.67 | 4.17 | 0.19 |
From the above statements, one could find that Anuroop Packaging may perform well.
Anuroop Packaging IPO – Promoters
The Promoter of this company is:
- Mr. Amarnath Matadin Sharma,
- Mr. Akash Amarnath Sharma,
- Mr. Akshay Amarnath Sharma and
- Amarnath Sharma
List of Related Parties (Key Managerial Personnel)
- Ketan Pooja Shah
- Akshay Amarnath Sharma
Interest in promotion of the Company
The Directors, Akash Amarnath Sharma and Shweta Akash Sharma may be deemed to be interested in the
promotion of their Company to the extent of the Equity Shares held by them and also to the extent of any dividend
payable to them and other distributions in respect of the Equity Shares held by them.
Property Interest
The Directors have not entered into any contract, agreement or arrangements within a period of 2 (two) years preceding the date of Draft Prospectus in which the Directors are interested directly or indirectly and no payments have been made to them in respect of these contracts, agreements or arrangements or are proposed to be made to them.
Anuroop Packaging IPO Offer Details or Issue Details
| Particulars | No. Of Equity Shares |
| Issue of Equity Shares | 20,30,000 Equity Shares for cash at a price of Rs. 13.00 per Equity Share aggregating to Rs. 263.90 Lakh |
| Consisting Of: | |
| Fresh Issue | 3,30,000 Equity Shares for cash at a price of Rs. 13.00 per Equity Share aggregating to Rs. 42.90 Lakh |
| Offer for Sale | 17,00,000 Equity Shares for cash at a price of Rs. 13.00 per Equity Share aggregating to Rs. 221.00 Lakh |
| Out of which: | |
| Market Maker Reservation Portion | 1,10,000 Equity Shares for cash at a price of Rs. 13.00 per Equity Share aggregating to Rs. 14.30 Lakh |
| Net Issue to the Public | 19,20,000 Equity Shares for cash at a price of Rs. 13.00 per Equity Share aggregating to Rs. 249.60 Lakh |
| Out of which: | |
| Allocation to Retail Individual Investors | 9,60,000 Equity Shares for cash at a price of Rs. 13.00 per Equity Share aggregating to Rs. 124.80 Lakh |
| Allocation to Non-Institutional Investors | 9,60,000 Equity Shares for cash at a price of Rs. 13.00 per Equity Share aggregating to Rs. 124.80 Lakh |
| Pre and Post-Issue Equity Shares | |
| Equity Shares outstanding prior to the Issue | 73,31,000 Equity Shares |
| Equity Shares outstanding after the Issue | 76,61,000 Equity Shares |
Anuroop Packaging IPO Issue Object
These are the IPO Issue Objects of the company
- To Meet Working Capital Requirement
- General corporate purposes
Anuroop Packaging IPO – Basis of the Offer Price
The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.
Qualitative factors are:
- Management and Employee Expertise
- Repeat Business
- Semi-automated units
- Location Advantages
- Quality Assurance
The relevant quantitative factors are:
On the basis of standalone statement:-
| Basic & Diluted EPS | RONW | NAV (Rs.) | |
| 31-Mar-17 | 0.19 | 3.63% | – |
| 31-Mar-18 | 4.17 | 43.62% | – |
| 31-Mar-19 | 2.67 | 15.42% | 17.29 |
- Price / Earnings Ratio (P/E) in relation to the Issue Price of Rs. 13.00
| Particulars | P/E ratio |
| Highest | 27.36 |
| Average | 7.36 |
| Lowest | 17.36 |
- Competitive Peers:
| Companies | EPS | PE Ratio | RONW (%) | NAV (Per Share) | Face Value |
| Anuroop Packaging Limited | 3.49 | 3.73 | 18.78 | 18.58 | 10.00 |
| Worth Peripherals Limited | 8.30 | 8.44 | 16.61 | 49.93 | 10.00 |
Anuroop Packaging IPO Lead Managers
| Lead Managers |
| GRETEX CORPORATE SERVICES PRIVATE LIMITED CIN: U74999MH2008PTC288128 Office No.13, 1st Floor, New Bansilal Building, Raja Bahadur Mansion, 9-15, Homi Modi Street, Fort, Mumbai – 400 001, Maharashtra, India Tel No.: +91 22 4002 5273/ 98368 22199/ 98368 21999 Fax No.: NA SEBI Registration No: INM000012177 Email: mb@gretexgroup.com Website: www.gretexcorporate.com Contact Person: Ms. Amina Khan |
Anuroop Packaging IPO Registrar to offer
| Registrar to the Offer |
| KARVY FINTECH PRIVATE LIMITED CIN: U72400TG2003PTC041636 Karvy Selenium Tower No. B, Plot No. 31-32, Gachibowli, Financial District, Nanakramguda, Hyderabad – 500 032, Telangana, India Tel. No.: +91 – 040 – 6716 2222 Fax No.: +91 – 040 – 2343 1551 SEBI Registration No.: INR000000221 Email: anuroop.ipo@karvy.com Website: www.karvyfintech.com Investor Grievance E-mail: einward.ris@karvy.com Contact Person: M. Murli Krishna |
Anuroop Packaging IPO Other Details:
- Statutory Auditor – M/s. Anil Bansal & Associates
- Peer Review Auditor – Anil Bansal & Associates
- Bankers to the Company – ICICI Bank Limited, Janaseva Sahakari Bank (Borivali) Limited.
Anuroop Packaging IPO Grey Market Premium
The Anuroop Packaging IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is X.
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Anuroop Packaging IPO News
News 1 – DRHP Prospectus [Download]
News 2 – RHP Prospectus [Download]
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