Clara Industries Limited IPO (Clara Industries IPO)

Clara Industries IPO 2021
Upcoming Clara Industries IPO | New Clara Industries IPO

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.

Clara Industries IPO

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

ParticularsFor the year/period ended (₹ in millions)
 18-Nov-21
Total Assets46.73
Total Revenue6.27
Profit After Tax3.04

Objects Of The Issue

  • To meet working capital requirements
  • General corporate purposes
Clara Industries IPO
Object Of The Issue

Clara Industries IPO Details

IPO Opening DateDec 16, 2021
IPO Closing DateDec 21, 2021
Issue TypeFixed Price Issue IPO
Face Value₹10 per equity share
IPO Price₹43 per equity share
Market Lot3000 Shares
Min Order Quantity3000 Shares
Listing AtBSE SME
Issue Size702,000 Eq Shares of ₹10
(aggregating up to ₹3.02 Cr)
Fresh Issue702,000 Eq Shares of ₹10
(aggregating up to ₹3.02 Cr)

Clara Industries IPO Tentative Timetable

IPO Open DateDec 16, 2021
IPO Close DateDec 21, 2021
Basis of Allotment DateDec 24, 2021
Initiation of RefundsDec 27, 2021
Credit of Shares to Demat AccountDec 28, 2021
IPO Listing DateDec 29, 2021

Clara Industries IPO Lot Size

ApplicationLotsSharesAmount (Cut-off)
Minimum13000₹129,000
Maximum13000₹129,000

Clara Industries IPO Promoter Holding

Pre Issue Share Holding100%
Post Issue Share Holding71.70%

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
Websitehttp://clara.co.in/

Clara Industries IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Websitehttp://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].