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Anuroop Packaging Ltd IPO (Anuroop IPO) Detail

November 8, 2019 - November 13, 2019

Anuroop IPO is a fixed price issue of Rs 2.64 crores. The issue is a combination of fresh issue of 3.3 lakh shares aggregating to Rs 0.43 crores and offer for sale of 17 lakh shares aggregating to Rs 2.21 crores.

Anuroop IPO bidding started from November 8, 2019 and ended on November 13, 2019. The shares got listed on BSE SME on November 21, 2019.

Anuroop IPO price is ₹13 per share. The minimum lot size for an application is 10000 Shares. The minimum amount of investment required by retail investors is ₹130,000.

Gretex Corporate Services Limited is the book running lead manager of the Anuroop IPO, while Kfin Technologies Limited is the registrar for the issue.

Refer to Anuroop IPO RHP for detailed information.

Anuroop IPO Details

IPO Date November 8, 2019 to November 13, 2019
Listing Date November 21, 2019
Face Value ₹10 per share
Price ₹13 per share
Lot Size 10000 Shares
Total Issue Size2,030,000 shares
(aggregating up to ₹2.64 Cr)
Fresh Issue330,000 shares
(aggregating up to ₹0.43 Cr)
Offer for Sale1,700,000 shares of ₹10
(aggregating up to ₹2.21 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Market Maker portion110,000 shares

Anuroop IPO Reservation

Anuroop IPO offers 2,030,000 shares. 960,000 (47.29%) to NII, 960,000 (47.29%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered110,000 (5.42%)
Other Shares Offered960,000 (47.29%)
Retail Shares Offered960,000 (47.29%)
Total Shares Offered2,030,000 (100%)

Anuroop IPO Lot Size

Investors can bid for a minimum of 10000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 10000 ₹130,000
Retail (Max) 1 10000 ₹130,000
Lot Size Calculator

Anuroop IPO Promoter Holding

The Promoters of the company are:

1. Mr. Amarnath Matadin Sharma,
2. Mr. Akash Amarnath Sharma,
3. Mr. Akshay Amarnath Sharma and
4. Amarnath Sharma HUF

Share Holding Pre Issue 95.10%
Share Holding Post Issue 68.99%

About Anuroop Packaging Ltd

Incorporated in 1995, Thane based Anuroop Packaging Ltd (APL) is a manufacturer of the corrugated box (used for packaging). The products offered by the company can be divided into two categories which are corrugated boxes and corrugated sheets/boards.

The client segment of the company includes small companies, mid-size companies, corporate clients and many others. Anuroop provides packaging products across various industries such as water treatment, pharmaceutical, metals and stationery. Some of the prominent clients of APL are:

  • Pepe Jeans London
  • Himalaya Organics
  • Mattel Toys India
  • Ion exchange India
  • FDC

The company also has clients from stationary industries such as A.W. Faber-Castell (India) and Kokuyo Camlin which are industry leaders. Anuroop Packaging has a single semi-automated unit located at Wada, Thane to reduce raw material wastage and manual labour.

Apart from manufacturing corrugated box, the company is also engaged in Gum (Turpentine and Dipentene) trading business which was started by APL in 2017-18.

Competitive Strengths


1. Semi-automated unit
2. Good location for raw material and client access
3. Large client relationships
4. Quality assurance

Company Financials

Summary of financial Information (Restated)
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 (Anuroop IPO Objectives)

The object for which the company intends to use the Net Proceeds is:

  • To Meet working capital requirement

Anuroop IPO Review (May apply)

[Dilip Davda]  APL's current performance with super earnings in pre-IPO and IPO year makes this offer lucrative based on EPS and P/E parameters. However, the sustainability of such performance going forward is a major concern. As the packaging sector is gaining investors fancy, investors may consider investment for the long term. Read detail review...


Anuroop IPO Subscription Status (Bidding Detail)

The Anuroop IPO is subscribed 5.44 times on November 13, 2019 7:50:00 PM. The public issue subscribed 7.05 times in the retail category, times in the QIB category, and 3.82 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
Other3.82
Retail7.05
Total5.44

Anuroop IPO Prospectus

Anuroop IPO Rating

177
3.6
Rating:Rated 3.6 stars
Vote Here ...

Anuroop IPO Listing Details

Listing Date November 21, 2019
BSE Script Code 542865
NSE Symbol
ISIN INE490Z01012
Final Issue Price ₹13 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE SME
₹13.00
₹13.25
₹13.25
₹13.91
₹13.91

Check IPO Performance…

Anuroop Packaging Ltd Contact Details

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 IPO Registrar

Kfin Technologies Limited

Phone: 04067162222, 04079611000
Email: anuroop.ipo@karvy.com
Website: https://kosmic.kfintech.com/ipostatus/

Anuroop IPO - Buy or Not

Anuroop IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 0
Members 0 0 0

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Anuroop IPO FAQs

Anuroop IPO is a SME IPO of 2,030,000 equity shares of the face value of ₹10 aggregating up to ₹2.64 Crores. The issue is priced at ₹13 per share. The minimum order quantity is 10000 Shares.

The IPO opens on November 8, 2019, and closes on November 13, 2019.

Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Anuroop IPO opens on November 8, 2019 and closes on November 13, 2019.

Anuroop IPO lot size is 10000 Shares, and the minimum amount required is ₹130,000.

You can apply in Anuroop IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Anuroop IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Anuroop IPO allotment status.

The Anuroop IPO listing date is on November 21, 2019.
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Anuroop IPO Message Board

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185 Comments

79. SKC |   Link |  Bookmark |January 20, 2020 5:52:03 PM
The counter is dead. Do any one have anyvnewcinfo about the stock
78. SKC |   Link |  Bookmark |January 3, 2020 5:10:03 PM
Hi Small / Dinesh,

Any updates on Anuroop. Looks like it does not move only :(. Stuck between 12 and 13. Not sure when it will cross 15 atleast.

Any one here from Mumbai, who can verify the veracity of this company?



77. SKC |   Link |  Bookmark |December 13, 2019 8:19:18 PM
Hi All,

What is the wait time for reaching a target of atleast 16.

Thanks,
77.1. Dinesh Singh |   Link |  Bookmark |December 13, 2019 8:40:24 PM
IPO Guru IPO Guru (1300+ Posts, 500+ Likes)
I think it will take at least 1 month to reach 16.
Keep the peasant.
77.2. SKC |   Link |  Bookmark |December 13, 2019 10:00:08 PM
Thanks Dinesh. Hopefully it does not slide from the IPO price. Fingers crossed :)
76. Prasanna Tamma |   Link |  Bookmark |December 7, 2019 12:40:20 PM
Currently we are not able to sell 1 share or 2 shares right instead we should buy or sell in a lot of 10000, so will there be any chance in near short term of buy/sell of any number of shares like 1 or 2 how much ever I wish for
76.1. Prasanna Tamma |   Link |  Bookmark |December 18, 2019 8:40:19 PM
Can anyone answer the above question
76.2. SKC |   Link |  Bookmark |December 19, 2019 3:14:05 PM
This question was already answered.

The minimum lot for this SME IPO is 10k, unlike the mainstream IPOs where you can sell 1 or 2 shares too.

Hope this clarifies.

Thanks,
75. Prasanna Tamma |   Link |  Bookmark |December 6, 2019 6:28:10 PM
Why suddenly there is a change in circuit levels from 5% to 20%.??
75.1. Dinesh Singh |   Link |  Bookmark |December 6, 2019 9:29:06 PM
IPO Guru IPO Guru (1300+ Posts, 500+ Likes)
For first 10 days from listing date the circuit limit is 5% and thereafter it goes to 20%.
74. SME BADSHAH |   Link |  Bookmark |December 5, 2019 7:29:40 PM
@ Small Investor . please keep it up & hope to be in touch with you smebadshah atthe rate gmail com
73. Small Investor |   Link |  Bookmark |December 5, 2019 2:48:58 PM
IPO Guru IPO Guru (2000+ Posts, 1000+ Likes)
Basis of Allotment as per Advertisement
To RII 1290000 Shares Against 6630000 and to NII Only 630000 shares allotted against bid of 3260000 shares and Market Maker 110000
total allotted shares 1290000+110000+630000=2030000
https://www.bsesme.com/PublicIssues/SMEIPODRHP.aspx
72. Small Investor |   Link |  Bookmark |December 5, 2019 12:11:26 PM
IPO Guru IPO Guru (2000+ Posts, 1000+ Likes)
SL is 13 and Wait for 18+ tgt
71. pravin mangukia |   Link |  Bookmark |November 27, 2019 10:21:00 AM
Buy less than -13 rupees for target 15+++, all delivery taken by promoter because company fundamental are very strong
71.1. pravin mangukia |   Link |  Bookmark |December 5, 2019 9:46:53 AM
Am i right or wrong ?
71.2. Small Investor |   Link |  Bookmark |December 5, 2019 9:53:33 AM
IPO Guru IPO Guru (2000+ Posts, 1000+ Likes)
ho skta h OFS m jo mal becha tha promoters ne , us money ka use waps kuch lot buy krke apni Company ko ache lavel pr le jana chahte honge
70. NILESH RAMCHANDRA BHADALE |   Link |  Bookmark |November 27, 2019 11:56:19 AM
Dear Small Investor You are saying you have to hold this stock.Tell them how many month & what basis they should hold this stock.
70.1. Small Investor |   Link |  Bookmark |December 5, 2019 9:50:44 AM
IPO Guru IPO Guru (2000+ Posts, 1000+ Likes)
Yes Dear
i yet hold this stock yet and its given good listing gain So far,and my friend also bought this stock on LC @ 10.78 on my Advice and he also earn almost 35000+ profit ,today he sold his Lot
69. Dinesh Singh |   Link |  Bookmark |December 2, 2019 1:36:01 PM
IPO Guru IPO Guru (1300+ Posts, 500+ Likes)
O God???
Upper circuit started once again.

One who have not sold may exist at 14.
69.1. Small Investor |   Link |  Bookmark |December 2, 2019 4:44:52 PM
IPO Guru IPO Guru (2000+ Posts, 1000+ Likes)
I YET HOLD
69.2. Small Investor |   Link |  Bookmark |December 3, 2019 9:47:10 AM
IPO Guru IPO Guru (2000+ Posts, 1000+ Likes)
Now moving up side i hope it will going for 18-20 tgt
68. bobbyS |   Link |  Bookmark |November 29, 2019 8:08:35 AM

Pl clarify ,
Why we can't able to sell less than 10000 shares.
if LC remains as such till it become 1 Rs ( worst case), will it be delisted from market.
Can it be useful to approch company regarding the future of this share
68.1. Dinesh Singh |   Link |  Bookmark |November 29, 2019 12:45:58 PM
IPO Guru IPO Guru (1300+ Posts, 500+ Likes)
You can't sell less than 10000 because the lot quantity is such.
Yes you can approach the company if you have shares since you are shareholder of the company.
67. Small Investor |   Link |  Bookmark |November 21, 2019 9:29:35 AM
IPO Guru IPO Guru (2000+ Posts, 1000+ Likes)
if any have this stock yet , hold it
67.6. SME BADSHAH |   Link |  Bookmark |December 4, 2019 3:05:46 PM
good analysis small investor. please keep it up smebadshahattherategmailcom
67.7. Small Investor |   Link |  Bookmark |December 5, 2019 8:34:22 AM
IPO Guru IPO Guru (2000+ Posts, 1000+ Likes)
keep it will move for 18-20
66. Niikk |   Link |  Bookmark |November 28, 2019 8:37:49 AM
please review on this stock????
66.1. Dinesh Singh |   Link |  Bookmark |November 28, 2019 9:15:16 AM
IPO Guru IPO Guru (1300+ Posts, 500+ Likes)
It will go the level of 1 rupees.
Sale if you can.
65. Dinesh Singh |   Link |  Bookmark |November 27, 2019 7:55:52 PM
IPO Guru IPO Guru (1300+ Posts, 500+ Likes)
In case of downfall no one will reply.
Take your own decision to hold or sell in loss.
No one can predict when it will bounce back.
Depends upon your luck.
64. bobbyS |   Link |  Bookmark |November 27, 2019 3:02:10 PM
Should 1 hold and sell it with loss
63. NILESH RAMCHANDRA BHADALE |   Link |  Bookmark |November 27, 2019 11:19:27 AM
how many month it will take to reach 15+ target.
62. RAJAKUMAR |   Link |  Bookmark |November 22, 2019 8:51:59 AM (1400+ Posts, 1200+ Likes)
Dear Dinesh
It may go three or four upper circuit it seems one who hold share wait till three circuit as mentioned by Small
62.4. AdityaD |   Link |  Bookmark |November 26, 2019 11:02:53 AM
Thanks Rajakumar for advice. sold yesterday at 15.10
62.5. Niikk |   Link |  Bookmark |November 27, 2019 10:10:07 AM
long term me kya kre??
61. Niikk |   Link |  Bookmark |November 27, 2019 8:48:50 AM
6 months..long term ..price exctbl???
60. NILESH RAMCHANDRA BHADALE |   Link |  Bookmark |November 26, 2019 11:29:39 AM

What is future of this stock 2 lower circuit what retail investor will do now.