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G. K. P. Printing & Packaging Limited IPO (GKP Printing IPO) Detail

Apr 23, 2019 - Apr 26, 2019

Incorporated in April 2018, G. K. P. Printing & Packaging Limited (GKPL) is Mumbai, Maharashtra based company engaged in the business of the manufacturing of corrugated boxes. GKPL is also engaged in the trading of Kraft paper, Duplex paper and Low - Density Plastic Rolls (LD Rolls).

The revenue of the company for the period ending December 2018 came from manufacturing (63.08%) and trading (36.17%). Top 2 customers of the company (Shri Shyam Packaging and Spectra International Ltd) contributes 72% of the revenue.

Company manufacture corrugated boxes such as master cartons, mono cartons, Honeycomb partition boxes, Die cut self-locking boxes, storage bins, adjustable depth book flap, Ring flap boxes, and unit cartons. Kraft paper and Duplex papers are the primary raw material in corrugated boxes manufacturing.

Company has its manufacturing unit at Palghar near Mumbai. Company has also set up a new manufacturing facility which is located at Vapi, Gujarat. Company has combined manufacturing capacity of 7200 MT. Company has 10 employees and 20 skilled and semi-skilled labor.

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Company Promoters:

The promoter of the company, Mr. Keval Harshad Goradia is engaged into the corrugated boxes manufacturing business in the year 2004 through M/s. G.K. Packaging. Another promoter Mrs. Payal Keval Goradia is in the business of corrugated boxes through a proprietorship concern M/s Pratham Packaging.

The company acquired the running business of M/s. G.K. Packaging and M/s Pratham Packaging in April 2018.

Company Financials:

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Dec-18 31-Mar-18 31-Mar-17 31-Mar-16
Total Assets 1,501.08 1,021.69 635.22 346.13
Total Revenue 1,923.20 1,408.27 575.18 513.48
Profit After Tax 275.61 54.71 24.95 25.12

Objects of the Issue:

The Objects of the issue are:
1. Meeting the Long-term Working capital requirements;
2. General corporate expenses; and
3. Meeting the Issue Expenses

GKP Printing IPO Details

IPO Opening Date Apr 23, 2019
IPO Closing Date Apr 26, 2019
Issue Type Fixed Price Issue IPO
Face Value ₹10 per equity share
IPO Price ₹32 per equity share
Market Lot 4000 Shares
Min Order Quantity 4000 Shares
Listing At BSE SME
Issue Size2,056,000 Eq Shares of ₹10
(aggregating up to ₹6.58 Cr)

GKP Printing IPO Tentative Timetable

The GKP Printing IPO open date is Apr 23, 2019, and the close date is Apr 26, 2019. The issue may list on May 8, 2019.

IPO Open Date Apr 23, 2019
IPO Close Date Apr 26, 2019
Basis of Allotment Date May 3, 2019
Initiation of Refunds May 6, 2019
Credit of Shares to Demat Account May 7, 2019
IPO Listing Date May 8, 2019

GKP Printing IPO Lot Size

The GKP Printing IPO market lot size is 4000 shares. A retail-individual investor can apply for up to 1 lots (4000 shares or ₹128,000).

Application Lots Shares Amount (Cut-off)
Minimum 1 4000 ₹128,000
Maximum 1 4000 ₹128,000

GKP Printing IPO Promoter Holding

Pre Issue Share Holding 73.57%
Post Issue Share Holding 53.50%

GKP Printing IPO Review

Although GKP has posted growth in top and bottom lines for the past three years plus financial performance, the sudden jump in the top and bottom line raises concern. It is issuing shares at the same price based on pre-IPO placements. Printing and packaging industry is poised for better prospects ahead. Considering these aspects, risk savvy cash surplus investors may consider investment for long term at their own risk.

Read detail review...

GKP Printing IPO Subscription Status (Bidding Detail)

The GKP Printing IPO is subscribed 1.56 times on 4/26/2019 6:49:03 PM. The public issue subscribed 1.56 times in the retail category, times in the QIB category, and 1.57 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
NII1.57
Retail1.56
Total1.56

GKP Printing IPO Prospectus

GKP Printing IPO Rating

60
4.0
Rating:Rated 4.0 stars
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GKP Printing IPO Listing Date

Listing Date Wednesday, May 8, 2019
BSE Script Code 542666
NSE Symbol
Listing In MT Group of Securities
ISIN INE05QJ01015
IPO Price ₹32 per equity share
Face Value ₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE SME
₹32.00
₹34.20
₹33.00
₹35.90
₹35.00

Company Contact Information

G. K. P. Printing & Packaging Limited
Unit No 14, Amrit Ind Estate,
S. NO. 45, Dhumal Nagar Waliv IP - 12025,
Palghar Thane 401208
Phone: +91 9920037770
Email: gkpackaging@yahoo.com
Website: http://www.gkpl.in/

GKP Printing IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: gkp.ipo@linkintime.co.in
Website: https://linkintime.co.in/

GKP Printing IPO FAQs

GKP Printing IPO is a SME IPO of 2,056,000 equity shares of the face value of ₹10 aggregating up to ₹6.58 Crores. The issue is priced at ₹32 per equity share. The minimum order quantity is 4000 Shares.

The IPO opens on Apr 23, 2019, and closes on Apr 26, 2019.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The GKP Printing IPO opens on Apr 23, 2019 and closes on Apr 26, 2019.

GKP Printing IPO lot size is 4000 Shares and the minimum order quantity is 4000 Shares.

You can apply in GKP Printing 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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for GKP Printing IPO will be done on May 3, 2019, and the allotted shares will be credited to your demat account by May 7, 2019. Check the GKP Printing IPO allotment status.

The GKP Printing IPO listing date is on Wednesday, May 8, 2019.

GKP Printing IPO Message Board

Ranked Members  Ranked Members

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46 Comments

24. Darsh ipo |May 8, 2019 9:44:43 PM
At last buyer circuit in GKP...SABKI BOLTI BANDH...negetive news wale kaha gaye..
24.1. Small Investor |May 9, 2019 9:27:36 AM
IPO Guru IPO Guru (1500+ Posts, 800+ Likes)
Will up moving now ?
23. Small Investor |May 8, 2019 11:05:29 AM
IPO Guru IPO Guru (1500+ Posts, 800+ Likes)
sold signal lot 34.30
22. Darsh ipo |May 8, 2019 1:41:14 AM
Listing near 34 to 35 range...
22.1. Small Investor |May 8, 2019 10:37:49 AM
IPO Guru IPO Guru (1500+ Posts, 800+ Likes)
Your are right
22.2. Small Investor |May 8, 2019 10:46:24 AM
IPO Guru IPO Guru (1500+ Posts, 800+ Likes)
i hold this stock because many shareholders give this stock @ 32 pre ipo including H...P
21. Small Investor |May 8, 2019 10:45:04 AM
IPO Guru IPO Guru (1500+ Posts, 800+ Likes)
Good Listing
discover price is 34.20 very good
20. Small Investor |May 8, 2019 10:15:09 AM
IPO Guru IPO Guru (1500+ Posts, 800+ Likes)
Now 33.90
20.3. traderji |May 8, 2019 10:25:57 AM
buyer are at 34.2 so if i put my sell order at 34.2 it will executed on 9.45 ?
20.4. Small Investor |May 8, 2019 10:28:15 AM
IPO Guru IPO Guru (1500+ Posts, 800+ Likes)
Yes
19. Ipoipoipo |May 7, 2019 1:01:32 PM
This message has been removed by a moderator.
19.1. Small Investor |May 7, 2019 10:06:57 PM
IPO Guru IPO Guru (1500+ Posts, 800+ Likes)
Mr.Ipoipoipo
I think you smeipo smelisting
It's list in positive
Remember my comments
18. FUNDINGTOUCH |May 7, 2019 2:19:27 AM
Again HP invested in pre ipo so listing gain possible minimum 8% to 10% . Listing on 8th Wednesday, best of luck to investors.
18.1. Small Investor |May 7, 2019 9:28:53 AM
IPO Guru IPO Guru (1500+ Posts, 800+ Likes)
@ 32 almost 6lk shares pre ipo in hand of hitesh patel , its very postive
18.2. Small Investor |May 15, 2019 12:25:07 PM
IPO Guru IPO Guru (1500+ Posts, 800+ Likes)
next target will 50+
17. Small Investors |May 6, 2019 10:55:49 AM
linkintime is not showing allotment yet and amount yet in hold
kisi ka amount debit ya refund huwa kya
17.1. Splendid |May 6, 2019 11:17:14 AM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Mine debited
17.2. Small Investor |May 6, 2019 11:24:09 AM
IPO Guru IPO Guru (1500+ Posts, 800+ Likes)
means i got
16. Priyansh Agrawal |May 6, 2019 11:16:16 AM
Refund on 4 may dear small invester
15. Priyansh Agrawal |May 6, 2019 11:16:06 AM
Refund on 4 may dear small invester
14. Priyansh Agrawal |May 4, 2019 6:59:26 PM
Not allot refund 128000
13. Darsh ipo |May 4, 2019 3:40:36 PM
Amount Debit started...
12. Small Investor |May 1, 2019 6:43:26 PM
IPO Guru IPO Guru (1500+ Posts, 800+ Likes)
Listing gain may be possible because company issue about 15 lk shares @ 32 to share holders including Hitesh Patel
iska matlab share 32 se to upar hi list hoga its confirm
i excepted 10%-15% listing gain
12.1. Priyansh Agrawal |May 1, 2019 9:14:38 PM
Aap ke muhe m ghee shakkar dear small invester want contact you personally how it possible I live in jaipur
12.2. Small Investor |May 1, 2019 10:17:15 PM
IPO Guru IPO Guru (1500+ Posts, 800+ Likes)
Dear Priyansh jb shareholders ne rs 4.5cr invest kiya h is company m @32 pr to wo positive h to iska mean kuch accha hi hoga listing pr
11. Darsh ipo |Apr 27, 2019 11:00:43 PM
List @ 2 rs..premium
10. Small Investors |Apr 26, 2019 1:03:46 PM
i am going to Apply 1 Lot
i think final Subscriptions will 2x +
10.2. Mehtaaas |Apr 26, 2019 5:32:05 PM
Yes. Looks good . What you think will be opening
10.3. Small Investors |Apr 27, 2019 2:04:21 PM
LM office near Our Office and i contact to the office regarding Listing gain and Lagnam loss:
lagnam will moving in short term and GKP is good Company

9. Priyansh Agrawal |Apr 26, 2019 5:25:08 PM
Dear Rajkumar, Dinesh, you apply in this sme
8. Darsh ipo |Apr 26, 2019 3:41:26 PM
Holani ka E2E bhi yad rakho usne listing par bumper return diya tha ..
8.1. Small Investors |Apr 26, 2019 3:49:12 PM
Bhai GKP ko E2E se compare nhi kr skte wo 60 x+ subscribes huwa tha
8.2. papon |Apr 26, 2019 4:43:07 PM
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
Holani ka lagnam bhi yaad rakho, usne listing per humare paise ke saat holi kheli
7. SAHIL GUPTA |Apr 25, 2019 3:52:05 PM
Fraud LM and Fraud company.

LM caused huge loss in Lagnam and this company has no real operations will run away with the IPO money.

Don't fall in the Trap.
7.1. Mehtaaas |Apr 26, 2019 2:05:59 PM
Sahil gupta the deal with hollan was signed much before lagnam. Be rest assured. It's a quality co . Coming with decent valuation
6. Pappi |Apr 24, 2019 8:10:38 PM
Strange!
Went to see Palghar Address Found a Small unit with Nothing big.

Is SEBI alive?
What is Sebi Doing
Sebi is not saving Retailers from Fraud Promoters.
Be Aware. Be Alert.

Are All SME LM just to fill Promoters Pocket along with their Fees.

Stop Such IPO.
Sebi Do Proper Due Vigilance
6.1. Mehtaaas |Apr 26, 2019 2:03:15 PM
Dear papi . Pls don't misguide genuine investors. I personally know the promoters. They hv start of art 16000 sq ft plant at Vapi. And 12000 sq ft at Vasai. District taluka. U even don't know their plant is in Vasai not Palghar. Palghar is district name . For Vasai. If u want I can arrange Ur meeting for inspection.
5. Small Investors |Apr 25, 2019 5:16:37 PM
Dear Rajakumar ,Dinesh,Pappi are you Applying in GKP
5.1. Dinesh Singh |Apr 25, 2019 8:50:20 PM
IPO Mentor IPO Mentor (500+ Posts, 100+ Likes)
I will not apply.