IPO

Kshitij Polyline Limited IPO

NSE SME

Offer Date: Sep 21, 2018 - Sep 27, 2018

₹ 140000 /4000 Shares

IPO Details

21 Sep, 2018

Open Date

27 Sep, 2018

Close Date

04 Oct, 2018

Allotment Date

08 Oct, 2018

Listing Date

Issue Price

Rs 35/- Per Equity Share 

Face Value

Rs 10 Per Equity Share 

Listing at Group

NSE SME

Registrar

Karvy Computershare Private Limited

Market Lot

4000 Shares ( Rs 1,40,000/- )

Lead Manager

Monarch Networth Capital Limited

Issue Size

Fresh Issue of 25,00,000 Equity Shares of Rs 10/- at a price of Rs 65/- per share aggregating to Rs 25.87 Cr

Retail Portion

N/A

Subscription

times

IPO Docs

No related IPO documents available.

IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved11,84,00011,84,00023,68,000
Day 1 - 21-09-182,56,000 0.22 x2,08,000 0.18 x4,64,000 0.20 x
Day 2 - 24-09-185,76,000 0.49 x3,56,000 0.30 x9,32,000 0.39 x
Day 3 - 25-09-186,24,000 0.53 x5,04,000 0.43 x11,28,000 0.48 x
Day 4 - 26-09-187,80,000 0.66 x7,64,000 0.65 x15,44,000 0.65 x
Day 5 - 27-09-18N/A xN/A xN/A x

Valuations

Earnings Per Share (EPS)

Rs 1.22/-

P/E Ratio

28.77

RoNW

12.30%

Net Asset Value (NAV) ( As on 31.03.18 )

Rs 16.26/-

Company Financials All values are in ₹ Cr.

- Peers Comparison

P/B RatioP/E RatioRoNWNet Worth
AKG Exim Limited1.1920.138.46%112.35
Agro Tech Foods LimitedN/AN/AN/AN/A
AuSom Enterprises LimitedN/AN/AN/AN/A

- Promoter(s)


Company Promoter(s)

  1. Mr. Bharat Hemraj Gala
  2. Mr. Hemraj Bhimshi Gala
  3. Mrs. Rita Bharat Gala

IPO - Issue Objectives

  1. To purchase of Machinery and Equipment to manufacture the Laminated sheet, Wiro and PP Sheet suitable for stationery and office products. ( Rs 4.28 Cr )
  2. To meet working capital requirements. ( Rs 3.25 Cr )
  3. General Corporate Purposes. ( Rs 0.77 Cr )
  4. To meet the expenses of the Issue. ( Rs 0.45 Cr )

IPO - FAQs

Ans. Kshitij Polyline Limited IPO is a SME IPO. The issue is priced at Rs 35/- Per Equity Share . The minimum order quantity is 4000 Shares. The IPO opens on Sep 21, 2018, and closes on Sep 27, 2018. Karvy Computershare Private Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Kshitij Polyline Limited IPO opens on Sep 21, 2018 and closes on Sep 27, 2018.

Ans. The size of Kshitij Polyline Limited IPO is Fresh Issue of 25,00,000 Equity Shares of Rs 10/- at a price of Rs 65/- per share aggregating to Rs 25.87 Cr.

Ans. The IPO price band is set between Rs 35/- Per Equity Share .

Ans. To apply for Kshitij Polyline Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Kshitij Polyline 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 Kshitij Polyline Limited IPO is Oct 4, 2018.

Ans. The Kshitij Polyline Limited IPO will be listed on Oct 8, 2018.

Ans. Follow the steps to check the allotment status for Kshitij Polyline Limited IPO here.