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Kahan Packaging Limited SME IPO
Issue Size (Net)
up to Rs.5.76 Cr
Price Band
Rs.80 per share
Issue Opens
6 September 2023
Issue Closes
13 September 2023

Company Highlights

1.Company Information

Incorporated in 2016, Kahan Packaging Limited provides bulk packaging solutions to business-to-business ("B2B") manufacturers catering to different industries such as the Agro-Pesticides Industry, Cement Industry, Chemical Industry, Fertilizer Industry, and Food Products Industry.

Kahan Packaging manufactures and supplies Polypropylene (PP)/ High-Density Polyethylene (HDPE) Woven Fabric- Laminated, HDPE/PP woven sacks, Woven Fabric- UnLaminated, PP Woven Bag, PP Woven Bag with Liner, Printed Laminates for Flexible Packaging, woven polymer based products of different weight, sizes and colors as per customer's specifications.

The company manufactures all its products in-house in its manufacturing units located in Asangaon, Maharashtra. The installed production capacity of Factory-I for woven fabrics is 2,600 m.t. p.a

2. Objective of the Issue
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:

1. To meet working capital requirements, and

2. General Corporate Purposes and Issue Expenses.

3.Kahan Packaging IPO Registrar
Purva Sharegistry India Pvt Ltd

Phone:+91-022-23018261/ 23016

Email:support@purvashare.com

Website: https://www.purvashare.com/queries/

Kahan Packaging IPO Financial Information (Restated Standalone)

Period Ended
Total Assets
Total Revenue
Profit After Tax
Net Worth
Reserves and Surplus
Total Borrowing
31-Mar-20
1046.79
1357.76
1.05
48.19
-1.81
490.93
31-Mar-21
898.33
1212.81
1.57
49.75
-0.25
442.29
31-Mar-22
975.15
1590.63
19.77
69.53
19.53
616.58
31-Mar-23
1449.34
1755.93
103.38
172.91
72.91
773.9
Amount in Rs. Lakhs

Kahan Packaging SME IPO

Issue Opening Date
Sep 06, 2023
Issue Closing Date
Sep 08, 2023
Listing Date
Monday, September 18, 2023
Face Value
Rs.10 per share
Price
Rs.80 per share
Lot Size
1600 Shares
Issue Size
720,000 shares (aggregating up to Rs.5.76 Cr)
Fresh Issue
720,000 shares (aggregating up to Rs.5.76 Cr)
Issue Type
Fixed Price Issue IPO
Listing At
BSE SME

Kahan Packaging SME IPO Timetable (Tentative)

Event
Tentative Date
Opening Date
Wednesday, September 6, 2023
Closing Date
Friday, September 8, 2023
Basis of Allotment
Wednesday, September 13, 2023
Initiation of Refunds
Thursday, September 14, 2023
Credit of Shares to Demat
Friday, September 15, 2023
Listing Date
Monday, September 18, 2023
Cut-off time for UPI mandate confirmation
5 PM on September 8, 2023

Prospectus

Prospectus File

RR Investors Capital Services Pvt. Ltd AMFI-registered Mutual Fund Distributor

ARN-0032 Validity 14-Mar-2027

Head Office - 4th floor, Indraprakash Building 21, Barakhamba Road, New Delhi – 110001

callLandline Number
+91 11-4444-1111

Customer Care
+91 9350316010

Security
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