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Incorporated in 1996, Worth Peripherals Limited engaged in manufactures and sells of corrugated boxes. The company offers regular slotted containers, die cut corrugated boxes/trays, multi-color corrugated boxes and Z sleeve, I/honeycomb partitions. They are ISO 9001:2008 and FSC certified company which serves clients in FMCG sector.
Company’s both manufacturing units are located at Pithampur, Dhar, Indore (MP). It has fully automated plant that can have multi colour (up to 6 colours) printing. With growth in the retail, pharma, breweries, textile sectors, opportunity for growth in packaging industries has increased and thus Company aims to tap these markets for further marketing and supply. Indian packaging industry is currently valued at Rs. 85000 crore and is growing at an annual rate of 15 per cent plus. Sector is expected to be triple in next five years.
| Particulars | For the year/period ended (in Rs. Lakhs) | |||||
|---|---|---|---|---|---|---|
| 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 | ||
| Total Assets | 8124.79 | 8571.20 | 6154.24 | 5449.23 | 4477.35 | |
| Total Revenue | 13214.73 | 12740.00 | 10778.41 | 8423.23 | 5935.17 | |
| Profit After Tax | 731.65 | 646.62 | 601.63 | 515.04 | 345.76 | |
The object of the issue are:
1. Purchase of Plant and machinery;
2. Repayment/Prepayment of certain borrowings availed by the Company;
3. Funding the working capital requirements of the Company;
4. General corporate purposes.
| Worth Peripherals IPO Date | Sep 15, 2017 to Sep 19, 2017 |
| Worth Peripherals IPO Face Value | ₹10 per share |
| Worth Peripherals IPO Price | ₹40 to ₹43 per share |
| Worth Peripherals IPO Lot Size | 3000 Shares |
| Issue Size | 4,251,000 shares of ₹10 (aggregating up to ₹18.28 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Company Promoters | The promoters of the company are: 1. Raminder Singh Chadha and |
The Worth Peripherals IPO lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹129,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹129,000 |
| Retail (Max) | 1 | 3000 | ₹129,000 |
Listed companies in packaging industry are trading at a P/E of over 62 plus. This issue appears priced reasonably. Investment may be considered for medium to long term. Read detail review...
The Worth Peripherals IPO is subscribed 2.62 times on Sep 18, 2017 5:00:00 PM. The public issue subscribed 3.25 times in the retail category, times in the QIB category, and 1.77 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| NII | 1.77 |
| Retail | 3.25 |
| Total | 2.62 |
| Listing Date | Wednesday, September 27, 2017 |
| BSE Script Code | |
| NSE Symbol | WORTH |
| Listing In | |
| ISIN | INE196Y01018 |
| IPO Price | ₹43 per share |
| Face Value | ₹10 per share |
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Worth Peripherals Ltd
102 Sanskriti Apt 44,
Saket Nagar,
Indore - 452018
Phone: +91-0731-2560267
Email: investors@worthindia.com
Website: http://www.worthindia.com
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Worth Peripherals IPO is a SME IPO of 4,251,000 equity shares of the face value of ₹10 aggregating up to ₹18.28 Crores. The issue is priced at ₹40 to ₹43 per share. The minimum order quantity is 3000 Shares.
The IPO opens on Sep 15, 2017, and closes on Sep 19, 2017.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
The Worth Peripherals IPO opens on Sep 15, 2017 and closes on Sep 19, 2017.
Worth Peripherals IPO lot size is 3000 Shares and the minimum order quantity is .
You can apply in Worth Peripherals 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 Worth Peripherals IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Worth Peripherals IPO allotment status.
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