Kshitij Polyline IPO

Kshitij Polyline IPOKshitij Polyline IPO Overview - Kshitij Polyline is involved in manufacturing, marketing, sourcing of Plastic Sheet, lamination sheet, folders, I card and files having wide application in printing and stationery. The company has developed the skill and expertise in designing and innovation in office stationery, calendar, dairy and student study materials of different variety colours, design and application. It has also developed the In-house technical & Design team to provide stationery solution and implementation for calendar, diary, books as replacement of traditional material with new and innovative PP material.

The company has regular business from existing clients such as Navneet Publication, Anupam Stationery, Events and Media Organisers of conference and Exhibition. The company has developed the regular whole sellers and distributors for supply of laminated sheet, PP sheet, office stationery and allied products. KPL has established own distribution and marketing network in Pan India Basis. The company is now planning for business expansion through state of art manufacturing facility. It has plan to develop logistic & warehousing facility in Delhi, Jaipur, Culcutta, Hydrabad, Banglore, Chennai and Pune.

Promoters of Kshitij Polyline – Bharat Hemraj Gala, Hemraj Bhimshi Gala and Rita Bharat Gala
Kshitij Polyline IPO details
Subscription Dates 21 - 27 September 2018
IPO Price band INR35 per share
Fresh issue 2,500,000 shares (INR8.75 crore)
Offer for sale Nil
Total IPO size 2,500,000 shares (INR8.75 crore)
Minimum bid (lot size) 4,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On NSE Emerge SME platform
Use of funds
  • Purchase of Machinery and Equipment to manufacture the Laminated sheet, Wiro and PP Sheet suitable for stationery and office products - INR4.28 crore
  • Working Capital Requirements - INR3.25 crore
  • General Corporate Purposes - INR0.77 crore
  • Issue Expenses - INR0.45 crore
Kshitij Polyline's financial performance (in INR crore)
FY2013 FY2014 FY2015 FY2016 FY2017 9M FY2018
Total revenue 13.3 12.7 12.4 15.6 17.0 17.0
Total expenses 13.2 12.5 12.1 15.3 16.6 15.9
Profit after tax 0.08 0.11 0.16 0.20 0.28 0.85
Kshitij Polyline's Contact Details

Kshitij Polyline Limited
8, Sona Udyog, Parsi Panchayat Road,
Andheri East
Mumbai - 400069

Phone: +91 022 42234107
Email: : [email protected]
Website: www.kshitijpolyline.co.in

Kshitij Polyline IPO Subscription Details
Day Subscription (no. of times)
Day 1 0.19
Day 2 0.37
Day 3 0.45
Day 4 0.62
Day 5 1.37
Kshitij Polyline Valuation (For latest FY)

Earnings Per Share (EPS): INR1.18

Price/Earnings (P/E) ratio: 29.66

Return on Net Worth (RONW): 6.8%

Net Asset Value (NAV): INR13.7 per share

Registrar of Kshitij Polyline IPO

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

Phone: +91 22 4043 0200 
+91 22 2847 5201
 [email protected]
Website: www.bigshareonline.com

Kshitij Polyline IPO Allotment Status

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

Listing performance of Kshitij Polyline

IPO Opening Date: 21 September 2018

IPO Closing Date: 27 September 2018

Listing Date: 8 October 2018

Listing Price on NSE SME: INR35.5 per share (up 1.43% from IPO price)

Closing Price on NSE SME: INR35 per share (no change from IPO price)

Kshitij Polyline IPO
3 (60%) 2 vote[s]

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