Bookbuilding FPO | ₹300 Cr | Listed at BSE, NSE | Thu, Jun 9, 2005 - Wed, Jun 15, 2005
Jindal Poly Films FPO is a book build issue of ₹300.00 crores. The issue is entirely a fresh issue of 0.83 crore shares of ₹300.00 crore.
Jindal Poly Films FPO bidding started from Jun 9, 2005 and ended on Jun 15, 2005. The shares got listed on NSE and BSE on Jul 1, 2005.
Jindal Poly Films FPO is set final issue price at ₹360 per share.
ICICI Securities Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to Jindal Poly Films FPO DRHP for detailed Information.
FPO Open
Thu, Jun 9, 2005
FPO Close
Wed, Jun 15, 2005
Issue Price
₹360 per share
Market Cap (Pre-IPO)
To be declared
| IPO Date | 9 to 15 Jun, 2005 |
| Listed on | Fri, Jul 1, 2005 |
| Face Value | ₹10 per share |
| Price Band | ₹360 to ₹400 |
| Issue Price | ₹360 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding FPO |
| Listing At | BSE, NSE |
| Total Issue Size | 83,33,325 shares (agg. up to ₹300 Cr) |
| Fresh Issue | 83,33,325 shares (agg. up to ₹300 Cr) |
| Share Holding Pre Issue | 1,97,62,555 shares |
| Share Holding Post Issue | 2,80,95,880 shares |
| BSE Script Code / NSE Symbol | 500227 / JINDALPOLY |
| ISIN | INE197D01010 |
Jindal Poly Films FPO comprises a total issue size of 83,33,325 shares. Out of which, 41,66,662 (50.00%) are allocated to QIB, 12,49,998 (15.00%) allocated to NII 29,16,665 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue |
|---|---|---|
| QIB Shares Offered | 41,66,662 | 50.00% |
| NII (HNI) Shares Offered | 12,49,998 | 15.00% |
| Retail Shares Offered | 29,16,665 | 35.00% |
| Total Shares Offered | 83,33,325 | 100.00% |
Jindal Poly Films Limited is a manufacturing company and part of the B.C. Jindal Group. Initially established as Jindal Polyester Limited, the company later rebranded to its current name in 2005.
The company primarily manufactures a wide range of products including BOPET, BOPP, CPP, thermal lamination films, coated films, and non-woven fabrics. These products are widely used in industries such as food packaging, pharmaceuticals, personal care, and industrial applications.
It also operates one of the world’s largest integrated non-woven fabric manufacturing facilities in Nashik, Maharashtra, highlighting its strong production capabilities and global reach.
Over the years, Jindal Poly Films Limited has diversified its business through subsidiaries and international operations, strengthening its position in the global packaging industry. With a strong focus on innovation, large-scale manufacturing, and expanding market presence, the company continues to play a key role in India’s packaging and specialty films sector.
Competitive Strengths:
| Period Ended | 30 Sep 2004 | 31 Mar 2004 | 31 Mar 2003 |
|---|---|---|---|
| Assets | 1,053.40 | 865.80 | 618.50 |
| Total Income | 644.30 | 551.10 | 416.80 |
| Profit After Tax | 55.00 | 55.90 | 30.70 |
| EBITDA | 125.60 | 128.00 | 83.60 |
| NET Worth | 488.20 | 433.30 | 351.00 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Expansion 18.7 metre wide BOPET film line (25,000 tpa, Nasik, Production commenced in March 2005) | 147.60 |
| 2 | Power Generation Set (8 MW, Nasik, May 2005) | 18.00 |
| 3 | 3rd and 4th Metallizer lines (14,000 tpa, Nasik, July and August 2005) | 27.00 |
| 4 | Two Coating lines for PVDC, acrylic and LTS coated films (9,000 tpa, Nasik, July and December 2005) | 37.90 |
| 5 | Two Coating lines for PVDC, acrylic and LTS coated films (9,000 tpa, Nasik, March 2006) | 45.00 |
| 6 | Poly-condensation plant (50,000 tpa, Nasik, September 2006) | 30.00 |
| 7 | 8.7 metre wide BOPET film line (25,000 tpa, Khanvel, September 2006) | 155.00 |
| 8 | 8.2 metre wide BOPP film line (45,000 tpa, Khanvel, September 2006) | 160.00 |
| 9 | 5th and 6th Metallising Line (14,000 tpa, Khanvel, September 2006) | 30.00 |
| Total | 650.50 |
| KPI | Mar 31, 2004 |
|---|---|
| RoNW | 21.28% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 78.48% | 55.2% |
The Jindal Poly Films FPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | |
|---|---|---|---|---|
| Total | 2.78 | 83,33,325 | 2,31,27,316 | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead management, underwriting and selling commission | 1.08 |
| 2 | Advertisement & Marketing expenses | 0.41 |
| 3 | Printing, stationery including transportation of the same | 0.26 |
| 4 | Others (Registrar’s fees, Legal fees, listing fees, etc.) | 0.16 |
| Total | 1.91 |
| Price Details | NSE | BSE |
|---|---|---|
| Final Issue Price | ₹360.00 | ₹360.00 |
| Open | ₹346.00 | ₹345.00 |
| Low | ₹338.25 | ₹337.00 |
| High | ₹351.50 | ₹350.10 |
| Last Trade | ₹349.15 | ₹348.00 |
Lead Manager Reports
Jindal Poly Films FPO is a main-board FPO of 83,33,325 equity shares of the face value of ₹10 aggregating up to ₹300 Crores. The issue is priced at ₹360 per share. The minimum order quantity is .
The FPO opens on Thu, Jun 9, 2005, and closes on Wed, Jun 15, 2005.
Kfin Technologies Ltd. is the registrar for the FPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Jindal Poly Films FPO using UPI as a payment gateway. Zerodha customers can apply in Jindal Poly Films FPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Jindal Poly Films FPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Jindal Poly Films FPO opens on Thu, Jun 9, 2005 and closes on Wed, Jun 15, 2005.
Jindal Poly Films FPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Jindal Poly Films FPO online using either UPI or ASBA as a 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 applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Jindal Poly Films FPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Jindal Poly Films FPO allotment status.
The Jindal Poly Films FPO listing date is on Fri, Jul 1, 2005.
