Worth Peripherals IPO

Worth Peripherals IPO

Business description from prospectus - Incorporated in 1996, Worth Peripherals Limited is engaged in manufacturing of corrugated boxes. We have our registered office and manufacturing facilities situated at Indore, Madhya Pradesh. The manufacturing facility is divided into 2 units, manufacturing of corrugated sheets and boxes is done at Unit II and Unit I is engaged in conversion of corrugated sheets into corrugated boxes.

In recent years, the company has won several awards such as Best Supply Partner- Packaging Material by the Supplier Collaboration Council West- 2014, Certificate of Merit in recognition of our exceptional performance towards consistent and quality supplies of Corrugated Boxes by Parle and Partner to Win Symphony conferred by Hindustan Unilever Limited in recognition of our Innovative Approach & Exemplary Contribution to Symphony.

Promoters of Worth Peripherals – Raminder Singh Chadha, Amarveer Kaur Chadha

Worth Peripherals IPO details

Subscription Dates 15 - 19 September 2017
IPO Price band INR40 - 43 per share
Fresh issue 4,251,000 shares (INR17.00 - 18.28 crore)
Offer for sale Nil
Total IPO size 4,251,000 shares (INR17.00 - 18.28 crore)
Minimum bid (lot size) 3,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On NSE Emerge SME platform

Worth Peripherals' financial performance (in INR crore)

FY2013 FY2014 FY2015 FY2016 FY2017
Total revenue 59.4 84.2 107.8 127.4 132.1
Total expenses 54.0 76.6 99.1 117.2 120.5
Profit after tax  3.5 5.2 6.0 6.5 7.3

Worth Peripherals Limited
102, Sanskriti Appt, 44,
Saket Nagar,
Indore, Madhya Pradesh- 452018

Phone: +91 0731 2560 267
Email: investors@worthindia.com
Website: www.worthindia.com

Day

Subscription (no. of times)

Day 1 0.83
Day 2 2.62
Day 3 45.61

 

Earnings Per Share (EPS): INR6.36

Price/Earnings (P/E) ratio: 6.28 - 6.76

Return on Net Worth (RONW): 17.99%

Net Asset Value (NAV): INR35.36 per share

Bigshare Services Private Limited 
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E),
Mumbai – 400 072

Phone: +91 22 4043 0200 
Fax: 
+91 22 2847 5201
Email:
 ipo@bigshareonline.com
Website: www.bigshareonline.com

Worth Peripherals IPO allotment status is now available on Bigshare Services' website. Click on this link to get allotment status.

IPO Opening Date: 15 September 2017

IPO Closing Date: 19 September 2017

Finalisation of Basis of Allotment: 22 September 2017

Initiation of refunds: 26 September 2017

Transfer of shares to demat accounts: 26 September 2017

Listing Date: 27 September 2017

Listing Price on NSE SME: INR51.6 per share (up 20% from IPO price)

Closing Price on NSE SME: INR51.6 per share (up 20% from IPO price)

Worth Peripherals IPO
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3 thoughts on “Worth Peripherals IPO

  • September 22, 2017 at 3:35 PM
    Permalink

    I think as per ipo subscribe may be listing around 52 to 55 lets see.

    Reply
    • September 27, 2017 at 8:16 AM
      Permalink

      But upper ceiling is Rs.51.60.

      Reply
  • September 20, 2017 at 7:49 AM
    Permalink

    I feel that this sme issue is proved to be a attractive one among other sme issue.The listing prise will be around 48-49.we hope so.

    Reply

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