Essen Speciality Films Limited IPO

NSE SME

Listed On: Jul 6, 2023 at ₹ 140.0

₹ 128400 /1200 Shares

Check Allotment

Essen Speciality Films Limited IPO Details

23 Jun, 2023

Open Date

27 Jun, 2023

Close Date

03 Jul, 2023

Allotment Date

06 Jul, 2023

Listing Date

Issue Price

₹101-107 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

140.0

Listing Date

2023-07-06

Market Lot

1200 Shares (₹128,400/-)

Lead Manager

Gyr Capital Advisors Limited

Issue Size

Total Issue Size: 6,199,200 shares(aggregating up to ₹66.33 Cr)

#Fresh Issue: 4,699,200 shares(aggregating up to ₹50.28 Cr)

#Offer for Sale: 1,500,000 shares of ₹10(aggregating up to ₹16.05 Cr)

Retail Portion

N/A

Subscription

71.06 times

IPO Docs

DRHP

Essen Speciality Films Limited IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	1,177,200 / 884,400	2,061,600	4,123,200
Day 1 - 23-06-23 06:00 PM	5.26 / 0.82 x	4.16 x	3.76 x
Day 2 - 26-06-23 06:00 PM	7.11 / 8.63 x	23.32 x	15.54 x
Day 3 - 27-06-23 06:00 PM	45.26 / 112.56 x	67.99 x	71.06 x

Essen Speciality Films Limited Valuations

Earnings Per Share (EPS)

₹8.36/-

P/E Ratio

16.5

RoNW

15.62%

Net Asset Value (NAV) - Post Issue

₹N/A/-

Essen Speciality Films Limited Company Financials All values are in ₹ Lakh

	31-Mar-23	31-Mar-22	31-Mar-21
Assets	10,970.82	11,859.28	10,440.24
Revenue	12,048.09	11,857.17	9,680.78
Profit After Tax	1,337.23	516.90	913.73

About The Company

Essen Speciality Films Limited manufactures and exports specialized plastic products in the home improvement and home furnishing industry, to multinational modern trade retailers, such as IKEA, Walmart, Kmart, Bed Bath & Beyond, Rusta, Runsven, Kohl's, Kroger, etc.

The company's product list includes bath area and accessories, artificial plants & flowers, kitchen & dining, storage & organization, fitness & lifestyle, and outdoor & utility products, and customized products, which include plastic films, Spa slippers, Baby shower caps, green-house gutter sheets, etc. The company markets and sells its products predominantly under three brands; 'Draperi' for shower curtains, 'Runner' for shelf liners, and 'Paperi' for artificial plants and placemats.

They have a diversified customer base and are spread across various industries, including but not limited to home furnishing, home decor, departmental stores, discount retailers, hypermarkets, hardware, and home improvement, office supplies stores, agricultural and medical industry, and international importers and wholesale distributors.

The company supplies its products to twenty-four (24) countries, including but not limited to, China, Saudi Arabia, the United States of America, Qatar, United Kingdom, Germany, Italy, Canada, Romania, Denmark, Poland, New Zealand, United Arab Emirates, Spain, Austria, France, Australia, Kuwait, Belgium, Austria, Sweden, and Mexico.

Essen Speciality Films Limited - Promoter(s)

Pre Issue Share Holding: %

Post Issue Share Holding: %

Company Promoter(s)

Pallav Kishorbhai Doshi
Khushboo Chandrakant Doshi
Karishma Rajesh Doshi

Essen Speciality Films Limited IPO - Issue Objectives

Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company.
Funding the working capital requirements
General corporate purposes.

Essen Speciality Films Limited IPO - FAQs

Ans. Essen Speciality Films Limited IPO is a SME IPO. The issue is priced at ₹101-107 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Jun 23, 2023, and closes on Jun 27, 2023. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Essen Speciality Films Limited IPO opens on Jun 23, 2023 and closes on Jun 27, 2023.

Ans. The size of Essen Speciality Films Limited IPO is Total Issue Size: 6,199,200 shares(aggregating up to ₹66.33 Cr) #Fresh Issue: 4,699,200 shares(aggregating up to ₹50.28 Cr) #Offer for Sale: 1,500,000 shares of ₹10(aggregating up to ₹16.05 Cr).

Ans. The IPO price band is set between ₹101-107 per equity share.

Ans. To apply for Essen Speciality Films Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Essen Speciality Films Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Essen Speciality Films Limited IPO is Jul 3, 2023.

Ans. The Essen Speciality Films Limited IPO will be listed on Jul 6, 2023.

Ans. Follow the steps to check the allotment status for Essen Speciality Films Limited IPO here.