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Rajshree Polypack Limited IPO (Rajshree Polypack IPO) Detail

Sep 10, 2018 - Sep 12, 2018

Incorporated in 2003, Thane-based Rajshree Polypack Limited is a company engaged in the business of plastic packing products. It is one of the leaders in the manufacturing of rigid plastic sheets and thermoformed packaging products (source: Care Advisory Report, July 2018).

Rajshree's products range from yogurt & ice cream containers, beverage cups & containers, food packing, bakery products and confectioneries, coffee cups, QSRs, generic bowls, punnets & trays for fruits and vegetable packing, lids etc.

The company's manufacturing facility is located at Daman and has an annual capacity of over 10,000 MT.

Rajshree Polypack's revenue from operations grew at a CAGR of 19.97% for the last four (4) Fiscals.

The net profit of the company grew at a CAGR of 134.66% and EBITDA by 33.05% for the last 4 fiscals.

The company has 418 employees on its payroll.

Competitive Strengths-

1. Consistent financial performance
2. Leading name in the manufacturing of rigid plastic sheets and thermoformed packaging
3. Competitive edge due to the locational advantage of its manufacturing facility

Company Financials

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-18 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14
Total Assets 8,656.66 8,157.94 7,610.30 6,447.78 5,707.24
Total Revenue 11,250.39 9,642.79 9,565.77 6,505.96 3,901.01
Profit After Tax 931.09 886.85 155.21 783.24 72.06

Objects of the Issue

The objects of the issue are-

1. Setting up of Factory Unit IV at Daman;
2. General corporate purposes

Rajshree Polypack IPO Details

Rajshree Polypack IPO Date Sep 10, 2018 to Sep 12, 2018
Rajshree Polypack IPO Face Value ₹10 per share
Rajshree Polypack IPO Price ₹119 to ₹121 per share
Rajshree Polypack IPO Lot Size 1000 Shares
Issue Size2,960,000 shares of ₹10
(aggregating up to ₹35.52 Cr)
Issue Type Book Built Issue IPO
Listing At NSE SME
Company Promoters

The Promoters of the Company are Ramswaroop Radheshyam Thard, Naresh Radheshyam Thard and Sajjan N. Rungta HUF. They hold 54,45,468 Equity Shares, representing 65.81% of the subscribed and paid-up Equity Share capital of the Company.

Sajjan N. Rungta HUF holds 17,25,132 Equity Shares representing 20.85% of the subscribed and paid-up Equity Share capital of our Company.

Rajshree Polypack IPO Timeline (Tentative Timetable)

Rajshree Polypack IPO opens on Sep 10, 2018, and closes on Sep 12, 2018. The Rajshree Polypack IPO bid date is from Sep 10, 2018 10.00 A.M. to Sep 12, 2018 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

Event Date
Rajshree Polypack IPO Opening Date Sep 10, 2018
Rajshree Polypack IPO Closing Date Sep 12, 2018
Basis of Allotment Sep 18, 2018
Initiation of Refunds Sep 19, 2018
Credit of Shares to Demat Sep 19, 2018
Rajshree Polypack IPO Listing Date Sep 24, 2018

Rajshree Polypack IPO Lot Size

The Rajshree Polypack IPO lot size is 1000 shares. A retail-individual investor can apply for up to 1 lots (1000 shares or ₹121,000).

Application Lots Shares Amount
Retail (Min) 1 1000 ₹121,000
Retail (Max) 1 1000 ₹121,000

Rajshree Polypack IPO Review

Company's financial performance is lucrative, but concern is about ongoing controversy on usage of plastic ban movement. More states are joining the bandwagon. Thus it is a major risk for this company going forward. Future of such companies hinges on outcome of Government's final ruling. Although pricing looks lucrative, cash surplus investors may consider investment for long term. Read detail review...


Rajshree Polypack IPO Subscription Status (Bidding Detail)

The Rajshree Polypack IPO is subscribed 5.36 times on Sep 12, 2018 6:00:01 PM. The public issue subscribed 2.92 times in the retail category, 3.61 times in the QIB category, and 13.43 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB3.61
NII13.43
Retail2.92
Total5.36

Rajshree Polypack IPO Prospectus

Rajshree Polypack IPO Rating

79
3.7
Rating:Rated 3.7 stars
Vote Here ...

Rajshree Polypack IPO Listing Date

Listing Date Monday, September 24, 2018
BSE Script Code
NSE Symbol RPPL
Listing In
ISIN INE760W01015
IPO Price ₹120 per share
Face Value ₹10 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
NSE SME
IPO Price: ₹120.00
Open: ₹111.05
Low: ₹105.70
High: ₹116.60
Last Trade: ₹116.60

Company Contact Information

Rajshree Polypack Limited
#503-504, 5th Floor, Lodha Supremus
Road No. 22, Kishan Nagar,
Wagle Estate, Thane (W) - 400604
Phone: +91-22 25818200
Email: cosec@rajshreepolypack.com
Website: http://www.rajshreepolypack.com/

Rajshree Polypack IPO Registrar

Link Intime India Private Ltd

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

Rajshree Polypack IPO Review

Rajshree Polypack IPO Recommendation Summary

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

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IPO Broker Recommendations

Rajshree Polypack IPO FAQs

Rajshree Polypack IPO is a SME IPO of 2,960,000 equity shares of the face value of ₹10 aggregating up to ₹35.52 Crores. The issue is priced at ₹119 to ₹121 per share. The minimum order quantity is 1000 Shares.

The IPO opens on Sep 10, 2018, and closes on Sep 12, 2018.

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

The Rajshree Polypack IPO opens on Sep 10, 2018 and closes on Sep 12, 2018.

Rajshree Polypack IPO lot size is 1000 Shares and the minimum order quantity is .

You can apply in Rajshree Polypack 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 Rajshree Polypack IPO will be done on Sep 18, 2018, and the allotted shares will be credited to your demat account by Sep 19, 2018. Check the Rajshree Polypack IPO allotment status.

The Rajshree Polypack IPO listing date is on Monday, September 24, 2018.
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Rajshree Polypack IPO Message Board

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217 Comments

134. gala |   Link |Sep 26, 2018 2:49:29 AM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
If short term view .... One must sell it since retailers are in will take considerable time to rise tat too company plus some strong hand needs to come nnly thn
134.3. gala |   Link |Sep 28, 2018 7:27:20 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Bdw maximum funds got out ! Seems bad I wonder who bought as against them
134.4. Iposuggestion |   Link |Oct 9, 2018 9:30:30 AM
Why the price is showing RS. 0 today
133. Carn Mohan |   Link |Sep 26, 2018 9:25:04 AM
IPO Mentor IPO Mentor (900+ Posts, 400+ Likes)
Retailers har rate pay sell karraha hi good tho yahi hi loss book karo SME kahi tak bhi gir saktay hi
132. Iposuggestion |   Link |Sep 26, 2018 9:16:16 AM
Is this company risky for long term hold?
131. Carn Mohan |   Link |Sep 25, 2018 3:57:55 PM
IPO Mentor IPO Mentor (900+ Posts, 400+ Likes)
Kiyo Amit kitna loss book Kiya listing Kay pahly tho bahut usal rahay thay
131.1. Amit kh |   Link |Sep 25, 2018 7:37:24 PM
Abhi book nhi kia..book karna hai..i m holding..
130. Carn Mohan |   Link |Sep 25, 2018 9:25:11 AM
IPO Mentor IPO Mentor (900+ Posts, 400+ Likes)
Bola tha na allot nahi hua lottery laggai, wo sub gayab ho gai jo bool rahay thay allot nahi hua isliya kah rahay Ha Ha Ha
129. COMMONMAN |   Link |Sep 24, 2018 1:29:47 PM
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Absolute Carnage In Mkt... For all Stocks...Free fall..
128. Amit kh |   Link |Sep 23, 2018 8:34:10 PM
@VIE ..Marshall back at 42 levels... would u suggest invessting at these prices.. ?
128.4. VIE |   Link |Sep 23, 2018 9:14:10 PM
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
Kal to waise be positive gap up opening honi he jai bhai. ???? ????
128.5. Jai D. Patel |   Link |Sep 24, 2018 1:26:46 PM
aur ek din intezar karna padega :)
127. gala |   Link |Sep 24, 2018 12:30:30 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Circuit about to break jst see the Carnage in secondary market
126. GrowYourMoney |   Link |Sep 24, 2018 11:14:04 AM
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
Proved Correct...
Poor listing & Bounce Back...
125. Amit kh |   Link |Sep 21, 2018 5:50:24 PM
Lets see... May be those who didn't got allotment... Are spreading the rumours
125.2. Smeupdate |   Link |Sep 24, 2018 9:47:50 AM
Rumours Nahi we speak the truth.
125.3. COMMONMAN |   Link |Sep 24, 2018 10:38:22 AM
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Loviedovie Are You Insider or Employee of this so called Broker... ? Because Prise opening is exactly what you said ...

You and smeupdate Tried To Create Panic in this forum and Few Weaker Rii exited at 111/-

And After Tht Prise went up... Volume traded is very less...Now its in upper circuit...
124. Sourabh jain |   Link |Sep 24, 2018 10:23:05 AM
Uc but still below issue price hatts of to LM
123. Carn Mohan |   Link |Sep 24, 2018 10:05:13 AM
IPO Mentor IPO Mentor (900+ Posts, 400+ Likes)
Question is ab wo puppo Kiya karay gay jo positive listing Kara rahay thay
Lossbook or wait big question mark.
122. RAJAKUMAR |   Link |Sep 24, 2018 9:52:31 AM
IPO Guru IPO Guru (1400+ Posts, 1200+ Likes)
Unexpected listing even Hni subscribed 13 times. LM unable to list at par. If Hem or Pantamoth means it may be on par listing.
122.1. Iposuggestion |   Link |Oct 9, 2018 9:31:04 AM
Why is the price shwoing at 0 RS today
121. GrowYourMoney |   Link |Sep 24, 2018 9:48:38 AM
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
As expected, poor listing...
May bounce back...
120. Carn Mohan |   Link |Sep 24, 2018 9:48:09 AM
IPO Mentor IPO Mentor (900+ Posts, 400+ Likes)
Bola tha na allotment nahi Mila lottery lag gai.
119. Hiteshji |   Link |Sep 24, 2018 9:46:27 AM
IPO Mentor IPO Mentor (500+ Posts, 400+ Likes)
Very bed listing
118. Smeupdate |   Link |Sep 24, 2018 9:46:25 AM
AmitKH hope u got answer now.
117. Hiteshji |   Link |Sep 24, 2018 9:45:38 AM
IPO Mentor IPO Mentor (500+ Posts, 400+ Likes)
111
116. RAJAKUMAR |   Link |Sep 24, 2018 9:45:16 AM
IPO Guru IPO Guru (1400+ Posts, 1200+ Likes)
Sold one lot at 111.05
115. Hiteshji |   Link |Sep 24, 2018 9:09:22 AM
IPO Mentor IPO Mentor (500+ Posts, 400+ Likes)
All the best... ✌