Rigid plastic sheets and thermoformed packaging products manufacturers Rajshree Polypack Limited’s SME initial public offering will open for subscription on September 10. The shares are proposed to be listed on NSE SME platform.
The initial public offer (IPO) for the Thane-based manufactures customized plastic thermoformed packaging products has announced a price band of Rs 119 – 121 per equity share.
The issue will remain open till September 12, and can be subscribed to in a lot size of 1000 equity shares, and in multiples thereafter.
The public issue consists of an offer for sale of 2,960,000 equity shares with total ipo size of 35.82 crore.
PL Capital Markets Private Limited is a book running lead manager for the issue, while Link intime India Private Limited is as registar.
Rajshree Polypack is selling products range of yoghurt & ice cream containers, food packing, QSRs, coffee cups, bakery products and confectioneries, beverage cups & containers, generic bowls, punnets & trays for fruits and vegetable packing, lids etc.
Upcoming IPO Calendar 2018
Daily Updates Avail on IPO GMP
Rajshree Polypack IPO Reviews & Recommendations:
- Apply for Long Term. Its a very good company with good profit record and strong customers. Industry segment is nice to growing. Best opportunity to invest plastic sheets and thermoformed packaging products.
Rajshree Polypack IPO & Issue Details
|Subscription Dates||10 – 12 September 2018|
|Issue Price Band||INR 119-121|
|Minimum bid (lot size)||1000 Shares|
|Minimum Lot Amount||INR 121000|
|Face Value||INR 10 per share|
|IPO Size||INR 35.82 Cr|
|Issue Type||Fixed Price Issue IPO|
|Listing At||NSE SME|
Rajshree Polypack IPO Financial Performance (in INR Crore)
Rajshree Polypack IPO Subscription Status
|Category||Day 1||Day 2||Day 3||–|
Rajshree Polypack IPO Tentative Dates: Allotment & Listing Details:
- Bid/Offer Opens On: 10 Sept 2018
- Bid/Offer Closes On: 12 Sept 2018
- Basis of Allotment: On or about – 18 Sept 2018
- Refunds Status: On or about – 19 Sept 2018
- Credit of Equity Shares to demat accounts: On or about – 19 Sept 2018
- Listing Date: On or about – 24 Sept 2018
Allotment Status – Rajshree Polypack IPO : Check Here
Rajshree Polypack IPO Issue Object
- Setting up of Factory Unit IV at Daman
- General corporate purposes
Rajshree Polypack IPO Prospectus:
- DRHP Draft Prospectus
- Red Herring Prospectus
Rajshree Polypack IPO Lead Manager(s):
- PL Capital Markets Private Limited
Rajshree Polypack IPO Promoters:
- Ramswaroop Radheshyam Thard
- Naresh Radheshyam Thard
- Sajjan N. Rungta HUF.
Company Contact Information:
Rajshree Polypack Limited
#503-504, 5th Floor, Lodha Supremus
Road No. 22, Kishan Nagar,
Wagle Estate, Thane (W) – 400604
Phone”>Phone : +91-22 25818200
Fax”>Fax: +91-22 25818250
Email: [email protected]