Clara Industries Limited is engaged in providing flexible plastic packaging solutions. The company is known for manufacturing and supplying high-end multilayer plastic bags and multilayer plastic rolls in India. Clara Industries serves varied sectors spanning FMCG, Consumer Product, Hardware Tools, Hospitality, Housekeeping, Pharmaceuticals, Clothing & Hosiery, Edible Oil, Salt, and Sugar industry.
The company’s product portfolio includes:
- Packaging Films
- Flexible Packaging
- Horticulture Bags
- HDPE Bottles
- Plastic Matts
- Printed and non-printed
- Plastic Sheets
- Plastic Bangles
The company primarily sells its products through direct orders from clients based in Rajasthan, Bihar, Uttarakhand, Himachal Pradesh, and Punjab. The company has a manufacturing unit located at Saharanpur, Uttar Pradesh, having a total area of approximately 14,714 sq. ft. In the Year 2021, Clara industries through a Business Transfer Agreement (BTA), acquired a proprietor firm named M/s Clara Petrochemical.
Competitive Strengths
- Wide product portfolio
- Location advantage with efficient logistics
- Diversified customer base
- Focus on quality
- semi-automated manufacturing units
- Strong management team and motivated and efficient workforce.
- Engaging atmosphere for employees
Company Promoters
Ms. Parry Kukreja and Mr. Nikhil Kukreja are the company promoters.
Company Financials
| Particulars | For the year/period ended (₹ in millions) |
|---|---|
| 18-Nov-21 | |
| Total Assets | 46.73 |
| Total Revenue | 6.27 |
| Profit After Tax | 3.04 |
Objects Of The Issue
- To meet working capital requirements
- General corporate purposes
Clara Industries IPO Details
| IPO Opening Date | Dec 16, 2021 |
| IPO Closing Date | Dec 21, 2021 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹43 per equity share |
| Market Lot | 3000 Shares |
| Min Order Quantity | 3000 Shares |
| Listing At | BSE SME |
| Issue Size | 702,000 Eq Shares of ₹10 (aggregating up to ₹3.02 Cr) |
| Fresh Issue | 702,000 Eq Shares of ₹10 (aggregating up to ₹3.02 Cr) |
Clara Industries IPO Tentative Timetable
| IPO Open Date | Dec 16, 2021 |
| IPO Close Date | Dec 21, 2021 |
| Basis of Allotment Date | Dec 24, 2021 |
| Initiation of Refunds | Dec 27, 2021 |
| Credit of Shares to Demat Account | Dec 28, 2021 |
| IPO Listing Date | Dec 29, 2021 |
Clara Industries IPO Lot Size
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 3000 | ₹129,000 |
| Maximum | 1 | 3000 | ₹129,000 |
Clara Industries IPO Promoter Holding
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding | 71.70% |
Clara Industries IPO Prospectus
Company Contact Information
| Clara Industries Limited 127/1 Gram Simbhalka Junardar Paragna, Tehsil and District Saharanpur- 247001, Uttar Pradesh, India Phone: +91- 81718 84399 Email: info@clara.co.in Website: http://clara.co.in/ |
Clara Industries IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: http://www.bigshareonline.com |
Clara Industries IPO FAQs
| When Clara Industries IPO will open? The Clara Industries IPO dates are 16 Dec 2021 To 21 Dec 2021. |
| What is the lot size of Clara Industries IPO? Clara Industries IPO lot size and the minimum order quantity is 3000 Shares. |
| How to apply for Clara Industries IPO? You can apply in Clara Industries IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. |
| When is Clara Industries IPO listing date? The Clara Industries IPO listing date is not announced. The date of Clara Industries IPO listing is [29 December 2021]. |
