Kahan Packaging Limited is in the business of 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.
Kahan Packaging 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.
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.
The Company has also expanded its business by setting up a new manufacturing unit and installing a Multicolor (up-to 8 Colors) Roto-Gravure Printing Machine for flexible packaging and printing processes including polyester, Nylon, BOPP, Foil, low and high-density polyethylene polypro plane and paper with two-sided printing facilities with high-speed hot air dryers with installed production capacity of 500 m.t. p.a.
Kahan Packaging IPO – Details
| IPO Opening Date | 06 September 2023 |
| IPO Closing Date | 08 September 2023 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 7,20,000 Shares Worth ₹5.76 Crore Fresh Issue: 7,20,000 Shares Worth ₹5.76 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹80 |
| Market Lot | 1600 Share |
| Min Order | 1600 Share (1 Lot) |
| Listing At | BSE SME |
| Register | Purva Sharegistry India Pvt Ltd |
| Other Shares Offered | 50% |
| Retail Shares Offered | 50% |
Kahan Packaging IPO – Date Schedule
| IPO Open Date | 06 September 2023 |
| IPO Close Date | 08 September 2023 |
| Basis of Allotment | 13 September 2023 |
| Initiation of Refund | 14 September 2023 |
| Credit of Shares to Demat Account | 15 September 2023 |
| IPO Listing Date | 15 September 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on 08 Sep, 2023 |
Kahan Packaging IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 1600 | 1,28,000 |
| Retail (Maximum) | 1 | 1600 | 1,28,000 |
| HNI (Minimum) | 2 | 3200 | 2,56,000 |
Competitive Strengths
- Wide Range of Products.
- In-house Manufacturing capabilities.
- Strong relationship with customers and suppliers.
- Experienced management team with industry expertise and successful track record.
Company Promoters
- Prashant Jitendra Dholakia
- Rohit Jitendra Dholakia
Object Of The Issue
- To meet working capital requirements.
- General Corporate Purposes.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2020 | 13.57 | 13.43 | 0.01 | 4.90 |
| 31 March 2021 | 12.12 | 12.05 | 0.02 | 4.42 |
| 31 March 2022 | 15.90 | 15.66 | 0.19 | 6.16 |
Key Performance Indicator
| KPI | Values |
|---|---|
| P/E (x) | 7.74 |
| ROE | 85.28 |
| ROCE | 19.77 |
| Debt/Equity | 4.48 |
| EPS (Rs) | 10.34 |
| RoNW | 59.79% |
Kahan Packaging IPO Promoter Holding
| Pre Issue Share Holding | 99.95% |
| Post Issue Share Holding | 73.49% |
Kahan Packaging IPO Prospectus
Company Contact Information
| Kahan Packaging Limited 212, Jhalawar Service Premises, E S Patanwalla Compound, LBS Marg, Ghatkopar West, Mumbai – 400086 Phone: +91 22-25004605 Email: info@kahanpackaging.com Website: https://kahanpackaging.com/ |
Kahan Packaging IPO Registrar
| Purva Sharegistry India Pvt Ltd Phone: +91-022-23018261/ 23016761 Email: support@purvashare.com Website: https://www.purvashare.com/queries/ |
Kahan Packaging IPO Lead Manager(s)
| 1. Hem Securities Limited |
Kahan Packaging IPO FAQs
| What is Kahan Packaging IPO? Kahan Packaging IPO is a SME IPO. The issue is priced at ₹80 per equity share. The IPO is to be listed on BSE SME. |
| When Kahan Packaging IPO will open? The IPO is to open on 06 September 2023 for NII and Retail Investors. |
| How to Kahan Packaging IPO? You can apply Kahan Packaging IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Kahan Packaging IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Kahan Packaging”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Kahan Packaging IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Kahan Packaging”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is Kahan Packaging IPO Size? Kahan Packaging IPO size is ₹5.76 crores. |
| What is Kahan Packaging IPO Price Band? Kahan Packaging IPO Price Band is ₹80. |
| What is Kahan Packaging IPO Minimum and Maximum Lot Size? The minimum bid is 1600 Shares with ₹1,28,000 amount while the maximum bid is 1600 shares with ₹1,28,000. |
| What is the Kahan Packaging IPO Allotment Date? Kahan Packaging IPO allotment date is 13 September 2023. |
| What is the Kahan Packaging IPO Listing Date? Kahan Packaging IPO listing date is 15 September 2023. The IPO is to list on BSE SME. |
