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Anuroop Packaging IPO Dates, Bid, Size, Allotment, Subscription, GMP, Listing, Price

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.

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Anuroop Packaging IPO Review & Ratings

IPO Ratings & Review
CriteriaRatings
Industry Sentiments7.2/10
Industry Ranking7.1/10
Company Background7.3/10
Company Reputation7.2/10
Competitive Edge7.4/10
Financial Statements7.1/10
Popularity Index7.1/10
Promoters Reputation7.3/10
Retail Appetite7.1/10
Top Brokers Review7.1/10
Overall Ratings7.2/10
Star Ratings★★★★☆

Summary of Anuroop Packaging Limited IPO

Anuroop Packaging 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 / DateNIIRIITotal Subscription
1st Day – Nov 80.85x0.21x0.53x
2nd Day – Nov 111.70x1.19x1.44x
3rd Day – Nov 133.82x7.05x5.44x
Shares Offered or Net Issue960,000960,0001,920,000

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 FinalizationNov 18
Refunds InitiationNov 20
Credit of Shares to Demat AccountNov 20
Share Listing DateNov 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.


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-1931-Mar-1831-Mar-17
Total Assets1,370.91584.36372.26
Total Revenue667.61396.51258.38
Total Expense466.17295.12252.77
Profit After Tax136.9472.823.40

Earnings per Equity Share (in lakhs)

31-Mar-1931-Mar-1831-Mar-17
Basic & Diluted2.674.170.19

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 Shares20,30,000 Equity Shares for cash at a price of Rs. 13.00 per Equity Share aggregating to Rs. 263.90 Lakh
Consisting Of:
Fresh Issue3,30,000 Equity Shares for cash at a price of Rs. 13.00 per Equity Share aggregating to Rs. 42.90 Lakh
Offer for Sale17,00,000 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 Portion1,10,000 Equity Shares for cash at a price of Rs. 13.00 per Equity Share aggregating to Rs. 14.30 Lakh
Net Issue to the Public19,20,000 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 Investors9,60,000 Equity Shares for cash at a price of Rs. 13.00 per Equity Share aggregating to Rs. 124.80 Lakh
Allocation to Non-Institutional Investors9,60,000 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 Issue73,31,000 Equity Shares
Equity Shares outstanding after the Issue76,61,000 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 EPSRONW NAV (Rs.)
31-Mar-170.193.63%
31-Mar-184.1743.62%
31-Mar-192.6715.42%17.29
  • Price / Earnings Ratio (P/E) in relation to the Issue Price of Rs. 13.00
ParticularsP/E ratio
Highest27.36
Average7.36
Lowest17.36
  • Competitive Peers: 
CompaniesEPSPE RatioRONW (%)NAV (Per Share)Face Value
Anuroop Packaging Limited3.493.7318.7818.5810.00
Worth Peripherals Limited8.308.4416.6149.9310.00

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:
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:
Website: www.karvyfintech.com
Investor Grievance E-mail:
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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